Do Odds Still Favor MGM Resorts Stock?
- Monday, October 11, 2021, 7:14
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The uncertain regulatory environment in Macau, prolonged weakness in the travel industry, and Las Vegas Sands’ move to divest its U.S. business has led to a 50% decline in its stock. Instead, the shares of MGM Resorts are trading 40% above pre-Covid levels primarily assisted by its foray into…