MGM Resorts International
MGM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| G<@ | LOCK|W# | LOCK|@V%P@&# |
MGM Earnings: Regional, Macao, and Digital Demand Improve, While Vegas Hindered by Transitory Events
MGM's second-quarter sales increased 2%, propped up by 4%, 9%, and 36% growth at its regional, Macao, and BetMGM assets, respectively, but hindered by a 4% decrease in Vegas. Total adjusted EBITDA increased 2%.
