MGM Resorts witnessed a sharp decline in its Macau VIP gaming revenues during Q1. However, MGM's U.S. operations are responsible for most of its revenues - mitigating the downside. Per Trefis estimates, shares of MGM Resorts have a fair value of $34, which is 20% ahead of the current market price.
MGM Resorts witnessed a sharp decline in its Macau VIP gaming revenues during Q1. However, MGM's U.S. operations are responsible for most of its revenues - mitigating the downside. Per Trefis estimates, shares of MGM Resorts have a fair value of $34, which is 20% ahead of the current market price.
Share this Article
Recommended