MGM Resorts International has seen substantial activity and development in recent times. It partnered with renowned technology leader
Playtech to deliver exclusive live casino experiences showcasing diverse Las Vegas casino content. Despite a few underperforming days, MGM Resorts' stock has frequently outperformed its competitors. Although the FTC has claimed that the company failed to comply with cyberattack investigations, the subsequent buying activity from various banks, including First Hawaiian Bank and Fulton Bank, demonstrates a strong financial position. Notably, MGM Resorts has successfully closed an offering of
$750,000,000 senior notes due 2032. The company's fourth quarter and full-year reports from 2023 exhibited record-breaking results, even as the stocks saw mixed performance on some days. With a strategic partnership with
Marriott, and setting sights on global expansion, MGM Resorts continues to showcase resilience and ambition. The Q1 2024 earnings surpassed the estimated revenue projections, buoyed by the rebound in China. Despite potential cybersecurity issues and lawsuit against FTC, MGM Resorts maintains a promising investment profile.
Mgm Resorts International MGM News Analytics from Mon, 11 Sep 2023 07:00:00 GMT to Sun, 23 Jun 2024 10:07:56 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor -1
