Stifel Maintains MGM Resorts International(MGM.US) With Buy Rating, Maintains Target Price $56
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Express News | MGM Resorts Teams With Uso and American Airlines for 14TH Annual Salute to the TROOPS at Mandalay Bay
MGM China (02282.HK): MGM Macau is currently undergoing a series of revitalization projects.
MGM China (02282.HK) President and Director, Grant Bowie, stated that a series of revitalization projects are underway at MGM Macau, including renovating the gambling floors, redesigning the entertainment center, and introducing some new dining venues. The goal is to ensure that the products can reflect customer demand trends. He expects all these projects to be completed by the middle of next year. In addition, MGM Resorts International is also undergoing a 'suites renovation project,' increasing the property's suite inventory by about 25%.
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Express News | MGM Resorts International Shifts Into High Gear for 2024 Las Vegas Grand Prix November 21-23
A Quick Look at Today's Ratings for MGM Resorts International(MGM.US), With a Forecast Between $42 to $56
Express News | Macau Says October Gambling Revenue up 6.6 Pct From a Year Earlier to 20.8 Bln Patacas
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MGM Resorts Is Maintained at Overweight by Barclays
Express News | Mizuho maintains a rating of outperform for MGM Resorts International compared to the large cap.
MGM Resorts Intl Analyst Ratings
A Quick Look at Today's Ratings for MGM Resorts International(MGM.US), With a Forecast Between $42 to $54
Express News | MGM Resorts International Shares Down 4.7% Premarket After Q3 Results Miss
Express News | Seaport Global Securities has upgraded mgm china's rating to buy.
MGM China's Controlling Shareholder Logs Rise in Q3 EBITDA
Lyon: Maintaining the mgm china (02282) "outperform" rating, the market share decline by quarter is not unexpected.
Lyon expects the total number of rooms and suites at mgm china to increase by 25% by the end of next year.
HK stock movement: mgm china (02282) fell by over 3%, third quarter adjusted EBITDA down 19% month-on-month, profit margin growth may be limited.
mgm china (02282) fell more than 3%, as of the deadline, fell by 3.08%, reported 10.08 Hong Kong dollars, with a turnover of 51.3784 million Hong Kong dollars.
In "The Big Picture", MGM China (02282.HK) third-quarter profit margin is lower than expected.
Lyon released a report stating that mgm china (02282.HK) property EBITDA for the third quarter fell by 19% to 1.984 billion Hong Kong dollars, lower than both market expectations and the bank's expectations by 2% to 3%. Although the decline in market share for mgm china in the quarter was not surprising, the profit margin was lower than the bank's expectations. Lyon stated that due to the renovation work at MGM Macau expected to continue until the middle of next year, the growth potential of mgm china's profit margin is expected to be limited, but after understanding, it is believed that the impact of the renovation should be manageable; it is expected that by the end of next year, the total number of rooms and suites at mgm china will increase by 25%. Therefore,