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The closure of some hotels has brought a catalyst, and casino operators on the Las Vegas Strip are expected to see profit growth.
Zhītōng Cáijīng APP learned that the profit catalyst for casino operators on Las Vegas Boulevard is coming soon. With the closure of the Tropicana Hotel and Mirage Hotel and Casino, the total room supply on Las Vegas Boulevard has decreased by 4.9%.
Las Vegas Strip Casino Operators Could See Earnings Boosts After the Tropicana and Mirage Closures
MGM Resorts International Accelerates Digital Innovation Through Strategic Technology Initiatives: 2024 Report
Express News | MGM Resorts International Shares Rise 3.1% After Btig Initiates Coverage With 'buy' Rating
MGM Resorts Initiated at Buy by BTIG
MGM Resorts Initiated at Buy by BTIG
MGM Resorts Intl Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/03/2024 24.85% BTIG → $53 Initiates Coverage On → Buy 05/06/2024 36.63% JMP Securities $57 → $58 Mainta