Wealthcare Advisory Partners LLC and
Park Avenue Securities LLC have sold shares in
MGM Resorts International (MGM). Despite this, MGM stocks have outperformed competitors on several occasions.
Technology Leader Playtech is partnering with MGM to launch an exclusive live casino platform; a step towards MGM making moves to take BetMGM to more international markets. They also confirmed the acquisition of
Tipico's U.S. Sportsbook platform. A significant social impact and sustainability report has been released for 2023, while a successful online gaming venture could offer a credit tailwind. Despite FTC claims that they failed to comply with a cyberattack investigation, MGM saw a record quarter in Las Vegas and Macau. MGM Resort outperformed competitors on the back of record quarterly results, and they have been listed as a promising investment opportunity. Their LeoVegas platform acquired Tipico's U.S. sportsbook and casino. Record fourth quarter and full-year results were reported from 2023, with significant gains seen from a new
Marriott loyalty tie-up. MGM is embroiled in a legal spat with the FTC, with a lawsuit filed against them. Despite this, they have received recognition for their efforts towards creating an inclusive workplace.
Mgm Resorts International MGM News Analytics from Wed, 08 Nov 2023 08:00:00 GMT to Sun, 30 Jun 2024 09:09:35 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -5
