Las Vegas Strip Booms Despite Inflation, Economy [TheStreet.com]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: TheStreet.com
The economy has been a bit wobbly. The U.S. may not be in arecessionPrices at grocery stores and at gas pumps remain high while the housing market has cooled but not come back to Earth. Add in looming fears of job cuts, led by the big tech companies trimming thousands of workers, and you can see why people might hold onto their wallets a little more tightly.You would think these realities (and fears) would cause people to be more cautious with discretionary spending on gambling, eating luxurious meals, spending big on entertainment, and booking lavish hotel rooms.That may be happening in some areas. But Disney'sDISGet Free ReportIn fact, Caesars CZRMGMImage source: ShutterstockLas Vegas Strip Business Is BackBoth Caesars and MGM reported strong business on the Las Vegas Strip."Our Las Vegas segment continued to deliver strong results, with $491 million of adjusted Ebitda," Caesars Chief Operating Officer Anthony Carano said during the casino operator's third-quarterearnings call"...Oc
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MGM
News
- Cybersecurity In 2024 Gut-Check: What To Expect From AI, Automation And Beyond [Forbes]Forbes
- Las Vegas Sands' Loss Could Be MGM and Wynn's Gain [Yahoo! Finance]Yahoo! Finance
- How to Find Strong Consumer Discretionary Stocks Slated for Positive Earnings Surprises [Yahoo! Finance]Yahoo! Finance
- From hair stylist to sous-chef, Detroit mother shares career pivot success [CBS News]CBS News
- The Price is Right Live™ is going on sale this Friday, April 19 for the Fall 2024 TourPR Web
MGM
Earnings
- 2/13/24 - Beat
MGM
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/9/24 - Form 8-K
- 4/3/24 - Form 4
- MGM's page on the SEC website