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Valued at a market cap of $9.5 billion, MGM Resorts International (MGM) is a gaming and entertainment company based in Las Vegas, Nevada. It operates a portfolio of iconic hotels and casinos, featuring destination resorts in Las Vegas and other key markets across the United States and Macau.
Companies worth $2 billion or more are typically classified as “mid-cap stocks,” and MGM fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the resorts & casinos industry. The company’s properties offer diverse amenities, including premium gaming floors, large-scale convention spaces, world-class restaurants, and entertainment venues.