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MGM Resorts International (MGM), headquartered in Las Vegas, Nevada, owns and operates casino, hotel, and entertainment resorts. Valued at $8.7 billion by market cap, the company offers accommodation, dining, meeting, convention, and hospitality management services for casino and non-casino properties.
Shares of this global hospitality and entertainment giant have notably underperformed the broader market over the past year. MGM has declined 12.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.5%. In 2025, MGM stock is down 8%, compared to the SPX’s 15.1% rise on a YTD basis.