Daily Archives: February 2, 2025
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31Oct2:02 pmEST
Leaving Las Vegas Without Spending So Much
Casino operator MGM is being sold aggressively today despite trying to sound optimistic on its earnings call after reporting record net revenue, pointing to long-term opportunities in China, Japan, and online with BetMGM. Be that as it may, the firm missed on bottom line earnings and is being punished in kind by the market. For our purposes,...