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Analysts defend MGM Resorts' strong results, citing growth a...

Analysts defend MGM Resorts' strong results, citing growth avenues like improved positioning in Macau, better BetMGM performance, and potential NY casino license. MGM's current trading at 6.1X FY25 EBITDA estimate is seen as a bargain given its cash flow durability, growth in Macau, share repurchases, and long-term growth pipeline.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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