Sentiment Trading

MGM Resorts International’s stock surged over 6% after BetMGM lifted its fiscal-year guidance, reflecting the company’s strategic positioning in the gaming and entertainment sectors.

MGM Resorts International faces significant challenges and opportunities as the gaming and hospitality industry undergoes a seismic shift towards online gambling, threatening the company’s traditional casino operations.

MGM Resorts International has announced it will cut in-person concierge services at five Las Vegas Strip properties, a strategic shift in response to economic pressures and evolving market dynamics.