- Investor's Business Daily•42 minutes ago
Las Vegas Sands, Wynn Resorts and MGM Resorts shares jumped Wednesday on news that Macau gaming revenues rose to their best level in over two years.
- Reuters•14 hours ago
Macau's gambling revenue rose for a seventh month and hit a two-year high in February, in the strongest signal yet the casino hub was firmly on its path to recovery from a slump triggered by China's anti-corruption campaign and slow economic growth. Business has been bleak in the special administrative region belonging to China since Chinese President Xi Jinping rolled out a campaign against shows of wealth by public officials in 2014 - a move that effectively dried up the stream of VIP spenders from the mainland. In February, Macau raked in a revenue of 23 billion patacas ($2.9 billion), up from 19.5 billion patacas a year ago and the highest since January 2015, government data showed on Wednesday.
- Reuters•15 hours ago
Gambling revenue in the Chinese territory of Macau surged almost 18 percent in February, after dropping over the past three years when a prolonged anti-corruption campaign and slowing economic growth hurt business at the world's biggest casino hub. Gambling revenue rose to 23 billion patacas ($2.9 billion) last month, from 19.5 billion patacas a year ago, government data showed on Wednesday, as more visitors came to Macau over the national new year holiday at the start of February. Macau's gambling revenues have been rising over the past seven months, buoyed by the opening of multi-billion dollar casinos by Sands China Ltd and Wynn Macau Ltd .
MGM : Summary for MGM Resorts International Commo - Yahoo Finance
MGM Resorts International (MGM)
NYSE - NYSE Real Time Price. Currency in USD
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|Day's Range||26.78 - 27.19|
|52 Week Range||19.28 - 30.62|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||13.97|
|Dividend & Yield||0.44 (1.66%)|
|1y Target Est||N/A|