While analysts who cover MGM Resorts International are reluctant to talk about the company’s financial prospects two months after the 1 October massacre, they’re collectively saying MGM stock would be a good addition to a portfolio.
Casinos & Gaming
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It was by no means quiet in Mandalay Bay the night of Dec. 1, a Friday. But at certain points that evening, the crowds and energy levels seemed higher in two other MGM Resorts International-owned casinos.
Around dusk on a late November weekday, hundreds of men and women walked through the Mandalay Bay, past empty restaurants just off the casino floor and toward the huge convention center.
This week’s long-awaited U.S. Supreme Court oral arguments on Christie v. the NCAA that could influence whether sports wagering will be legalized nationwide could also play a role in another issue at the forefront of the gaming industry — the presence of marijuana in casino resorts.
Like a sharp poker player, Las Vegas casinos keep their cards close to their vest when it comes to security.
Las Vegas may be the most surveilled city on Earth, but chances are no one is actually watching you on the other end of the video camera.
