MGM Resorts International

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Description

MGM Resorts International: Is The Expansion in Property Locations To The UAE Expected To Be A Game Changer? 

 

MGM Resorts International experienced a diverse financial outcome in its second quarter of 2024, balancing
pronounced strides in certain sectors with challenges in others. A focal point was the 3% increase in net
revenues in Las Vegas, bolstered by increased room rates and occupancy, suggesting resilience in MGM’s core
operations. The integration with Marriott significantly contributed to the company’s room bookings, suggesting a
promising avenue for revenue enhancement. Additionally, the completion of adding the Cosmopolitan of Las
Vegas to the MGM Rewards program could potentially boost customer loyalty and spending.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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