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MGM / MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector

MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector
MGM Resorts International's diverse revenue streams make it the most resilient gaming company against a potential recession. The Las Vegas market provides insights into how the gaming sector may respond to a recession. MGM's global footprint and diverse holdings position it well for future growth and recovery. Read More
Posted: Nov 3 2023, 12:12
Author Name: Seeking Alpha
Views: 062331

MGM News  

MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector

By Seeking Alpha
November 3, 2023

MGM Resorts: Despite Cyberattack, Best Recession-Resistant Play In The Sector

MGM Resorts International's diverse revenue streams make it the most resilient gaming company against a potential recession. The Las Vegas market prov more_horizontal

Is MGM Resorts International (MGM) Stock Outpacing Its Consumer Discretionary Peers This Year?

By Zacks Investment Research
October 25, 2023

Is MGM Resorts International (MGM) Stock Outpacing Its Consumer Discretionary Peers This Year?

Here is how MGM Resorts (MGM) and Wynn Resorts (WYNN) have performed compared to their sector so far this year. more_horizontal

Thousands of casino workers go on strike in Detroit

By CNBC
October 17, 2023

Thousands of casino workers go on strike in Detroit

Casino workers in Detroit are seeking higher wages and better working conditions as the cost of living has increased in recent years. more_horizontal

Where Will MGM Resorts Stock Be in 5 Years?

By The Motley Fool
October 12, 2023

Where Will MGM Resorts Stock Be in 5 Years?

MGM Resorts is well-known for its famous casinos spread around Las Vegas. But it could also open Japan's first integrated casino resort by the decade' more_horizontal

Can MGM (MGM) Keep the Earnings Surprise Streak Alive?

By Zacks Investment Research
October 10, 2023

Can MGM (MGM) Keep the Earnings Surprise Streak Alive?

MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in it more_horizontal

MGM Resorts CEO Bill Hornbuckle: Cyberattack is behind us, and we're looking forward

By CNBC Television
October 10, 2023

MGM Resorts CEO Bill Hornbuckle: Cyberattack is behind us, and we're looking forward

MGM Resorts CEO Bill Hornbuckle joins 'Squawk on the Street' to discuss how much of the cyberattack is in the rearview mirror, the attack's impact on more_horizontal

MGM Says Computer Hack Will Cost It $100M in Lost Profit

By Bloomberg Technology
October 6, 2023

MGM Says Computer Hack Will Cost It $100M in Lost Profit

MGM says the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million. Rapid7 Chi more_horizontal

MGM Resorts racks up $100M cost from cyberattack

By Fox Business
October 6, 2023

MGM Resorts racks up $100M cost from cyberattack

MGM Resorts International has put a number on the cost of the disruptive cyberattack it experienced in September. It estimated the damage at $100 mill more_horizontal


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