MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company's customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
Research context
MGM Resorts International appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Consumer Cyclical
- Industry
- Resorts & Casinos
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5 years, 7 months ago
MGM Resorts International is currently in a long term uptrend where the price is trading 17.7% above its 200 day moving average.
From a valuation standpoint, the stock is 95.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 3.8.
MGM Resorts International's total revenue sank by 53.1% to $1B since the same quarter in the previous year.
Its net income has dropped by 122.3% to $-448M since the same quarter in the previous year.
Finally, its free cash flow fell by 269.9% to $-336M since the same quarter in the previous year.
Based on the above factors, MGM Resorts International gets an overall score of 2/5.