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MGM Resorts International (MGM) is a multinational hospitality, sports and entertainment company. Headquartered in Las Vegas, Nevada, the company owns and operates a portfolio of resorts, casinos, hotels and entertainment venues both in the U.S. and internationally. Its market cap hovers around $9.5 billion.
Companies with a valuation between $2 billion and $10 billion are typically labeled “mid-cap stocks.” MGM Resorts International fits into this category, underscoring its significant presence and influence within the global hospitality and gaming industry.