MGM Resorts International (MGM) continues to grow as a dominant player in the travel industry, in spite of challenges faced over the past year. The company's consistent performance combined with successful strategic initiatives have increased the company's stock value, outranking competition. MGM Resorts recently entered a deal to expand its commitment to renewable energy by facilitating access to
solar electricity, reflecting its dedication to sustainability. In bolstering its sports betting presence, MGM Resorts has forged partnerships with
Grupo Globo in Brazil and technology leader
Playtech for proprietary live casino content. The latter represents an innovation in gaming technology, allowing MGM Resorts to deliver an unmatched live casino experience. It is also bridging the gap with artificial intelligence, clearly stating
'we are ready for AI' to Oracle CEO Safra Catz. A recent announcement of a proposed offering of
$750,000,000 senior notes due 2032 showcases a solid financial standing while betting big on the future. Despite some bumps in the road, such as computer outages and a probe into a 2023 hack, the company's
record net revenues and solid earnings reiterate its position as a strong value stock.
Mgm Resorts International MGM News Analytics from Wed, 08 Nov 2023 08:00:00 GMT to Sun, 15 Sep 2024 14:54:38 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -2
