We have adjusted our cost of equity assumptions for Wynn WYNN, Las Vegas Sands LVS, and MGM MGM due to their exposure to Macao, increasing geopolitical tensions between the US and China, and to ...
Our Morningstar Uncertainty Rating is High for MGM. In 2021, China's zero-tolerance covid-19 policy kept Macao's industry gaming sales at just 30% of 2019's level and in 2022 at only 14%.
Thailand’s cabinet has advanced the Ministry of Finance’s Entertainment Complex (EC) bill to Parliament, a move that could ...
MGM and Fnetlink began collaborating in 2023 to develop what they call “the world’s first smart, automated card-shredding solution.” The newly announced system will process the cards into high-quality ...
Macau is reviewing casino operators’ non-gaming investments. The Big 6 must spend MOP130 billion on nongaming through 2032.
Discover the top 6 undervalued Hotels, Restaurants & Leisure stocks for Monday, March 31 based on AAII’s Stock Grades.
Culture City of East Asia is hoping visitors will buy into its transformation to a hub for art installations and concerts.
MGM's focus on diversifying revenue streams with non-gaming attractions bodes well. However, high costs are a concern.
We recently compiled a list of the 10 Best Casino Stocks to Buy According to Billionaires. In this article, we are going to ...
MGM Resorts International has announced a new hotel brand called MGM RESERVE. According to a Thursday announcement from the parent company of MGM China Holdings, the first MGM RESERVE hotel is poised ...
Clarke moved on to San Diego with the AP. He was sent to Las Vegas in 1980 to help cover the MGM Grand Hotel and Casino fire that claimed 85 lives. He also helped coordinate coverage of the 1984 ...
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