MI

MGM Resorts International

MGM
NYSEConsumer Discretionary
$39.45
USD
+0.17(+0.45%)
At close: Apr 30, 18:15 UTC
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Open

$39.45

Prev. Close

$39.45

High

$39.45

Low

$39.45

Market Snapshot

Market Cap

$10.74B

P/E Ratio

52.2

EPS

2.41

Revenue

$17.24B

Why MGM moved

MGM Resorts reported Q1 earnings of 49 cents per share, below estimates, despite revenue of $4.45 billion surpassing expectations, highlighting fluctuating market conditions.

About

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The company is headquartered in Las Vegas, Nevada and currently employs 44,000 full-time employees. The Company’s segments include Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The Las Vegas Strip Resorts segment consists of Aria, Bellagio, The Cosmopolitan of Las Vegas, MGM Grand Las Vegas, Mandalay Bay, Luxor, New York-New York, Excalibur, and Park MGM. The Regional Operations segment consists of MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George’s County, Maryland; MGM Springfield in Springfield, Massachusetts; Empire City in Yonkers, New York, and others. MGM Digital is its online gaming portfolio which is primarily comprised of LeoVegas.

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