MGM Resorts International
MGM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @%z | LOCK|YZ | LOCK|^v?<mN |
MGM: Digital Sales Back on Track After Temporary Consumer-Friendly Outcomes; Shares Attractive
MGM shares rose 8% during June 16 trading, after the firm's digital subsidiary, BetMGM, reported its quarter-to-date sales were near the 34% growth in the prior quarter. As a result, BetMGM increased its 2025 revenue guidance to $2.6 billion from $2.4 billion–$2.5 billion.
