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Fly News Breaks for December 6, 2019
MGM
Dec 6, 2019 | 07:06 EDT
SunTrust analyst Barry Jones initiated coverage of MGM Resorts with a Hold rating and $35 price target. The analyst is positive on the company's "quality" brands, solid set-up for its Las Vegas operations next year, sports betting optionality, and its leading position to secure a gambling license in Osaka. However, Jones also cites uncertainty around MGM's new "asset light" strategy, adding that the upside on the stock price could be further limited by the "skepticism around 2020 EBITDAR guidance".
News For MGM From the Last 2 Days
MGM
Mar 28, 2024 | 15:56 EDT
Welcome to the latest edition of "Bet On It," where The Fly looks at news and activity in the sports betting and iGaming space.  SECTOR RECAP: Nevada reported... To see the rest of the story go to thefly.com. See Story Here
MGM
Mar 28, 2024 | 09:34 EDT
Nevada reports February Las Vegas Strip gaming win up 12.4% to $800.75M versus last year. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (FLUT), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn Entertainment (PENN), Rush Street Interactive (RSI), Sportradar (SRAD) and Wynn Resorts (WYNN).