MGM Resorts International (MGM) has witnessed a series of developments recently, as apparent from various news reports. The company showed
consistent performance despite market volatility and underperformed in comparison to competitors on specific occasions. Key personals including
Ari Kastrati have been promoted to crucial positions to boost content, hospitality, and development operations.
However, the firm is raising resort and parking fees for its Las Vegas Strip properties. MGM has entered into
partnerships and signed agreements with various entities such as Cisco and PlayTech in its stride to expand. The company also signed an agreement with
Marriott International to launch W Las Vegas.
Despite the mixed responses from market analysts, MGM released an impressive
third-quarter earnings report with record revenues. In this regard, the company's financial performance and strategy earned it the recognition of being a valuable
long-term investment. The company is planning
major investments in Las Vegas.
Mgm Resorts International MGM News Analytics from Tue, 20 Feb 2024 08:00:00 GMT to Sat, 07 Dec 2024 12:20:20 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 2.5
