MGM Resorts International has been reported to have achieved a record full year in 2024, with a growth in its shares after strong earnings performance. MGM Resorts'
fourth quarter results have surpassed estimates. The company's
stock price is expected to rise due to strong earnings results and positive ratings from several securities and finance companies. Its growth is evident from its China casino revenue and its shares have risen after topping quarterly profit and revenue estimates. MGM Resorts is also seeking to manage sportsbook in Las Vegas, showcasing potential for expansion and management in new sectors. The year 2024 recorded a revenue of
$17.2 billion, driven predominantly by its
China outlets. The firm is also speculated to begin launching its digital betting platform.
Digital growth remains a strong feature of the company's performance, with an expected positive impact on the share price. Among other proposed ventures, MGM Resorts also announces its partnership with Marriott International to launch W Las Vegas.
Mgm Resorts International MGM News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 15 Feb 2025 11:30:00 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor 8
