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Barchart
Barchart
Sohini Mondal

Is MGM Resorts International Stock Underperforming the S&P 500?

With a market cap of $8.5 billion, MGM Resorts International (MGM) is a leading global gaming and entertainment company that owns and operates a portfolio of renowned casino resorts, including Bellagio, MGM Grand, and Mandalay Bay. It operates across four key segments: Las Vegas Strip Resorts; Regional Operations; MGM China; and MGM Digital, offering gaming, hospitality, dining, entertainment, and online gaming experiences. 

Companies valued less than $10 billion are generally considered “mid-cap” stocks, and MGM Resorts fits this criterion perfectly. Through its subsidiary BetMGM, the company provides online sports betting and iGaming services, expanding its digital presence. Based in Las Vegas, Nevada, MGM Resorts continues to drive growth through high-quality assets, strategic locations, and extensive non-gaming revenue opportunities.

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