Report: Las Vegas Draws More Millennial, First-time Visitors [Bloomberg Business News]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: Bloomberg Business News
Las Vegas (AP) -- The U.S. gambling mecca's efforts to draw millennials and new visitors are paying off. A third of Las Vegas tourists last year were millennials — those between 18 to 35 — up from less than a quarter in 2015, according to a report commissioned by the Las Vegas Convention and Visitors Authority and released Wednesday. The increase in younger visitors is undoubtedly good news to the destination that has been adding attractions to remain relevant to a generation not as fond of gambling as their elders. The data also showed that 27 percent of the city's 42.9 million visitors in 2016 were first-timers. So, who came to Sin City and what did they do? Here's a profile of average visitors: ___ HOW OLD ARE YOU? The city set a record for visitation in 2016, though the number of baby boomers dropped to 28 percent from 35 percent in 2015. Generation X visitors made up 35 percent of tourists, down 1 percent, while millennial travelers increase
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News
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- MGM Resorts International (NYSE: MGM) is now covered by analysts at Mizuho. They set a "buy" rating and a $61.00 price target on the stock.MarketBeat
MGM
Earnings
- 2/13/24 - Beat
MGM
Sec Filings
- 3/27/24 - Form 424B2
- 3/25/24 - Form FWP
- 3/25/24 - Form 424B5
- MGM's page on the SEC website