Market News for Mgm Resorts International (MGM)
MGM Resorts (MGM) came out with quarterly earnings of $1.6 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.45 per share a year ago....
Zacks Investment Research - 2/5/2026 8:06:12 PM
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MGM Resorts International sees BetMGM transition to positive cash flow, with 2023 adjusted EBITDA at $220 million on $2.8 billion revenue. BetMGM's business mix—two-thirds iGaming—delivers more stable results than sports betting–heavy peers, supporting consistent hold rates and reduced volatility. Digital cash flow enables MGM to consider buybacks or debt reduction, improving leverage and providing a buffer if physical assets underperform....
Seeking Alpha - 2/5/2026 10:56:44 AM
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