Reported about 18 hours ago
MGM Resorts International's stock rose over 6% during intraday trading after the company and its partner Entain raised their revenue outlook for BetMGM, forecasting at least $2.6 billion for fiscal 2025. The positive performance of BetMGM, particularly in online sports and iGaming, has propelled trading momentum, benefiting not only MGM but also rival gaming companies like Wynn Resorts and Las Vegas Sands.
Source: YAHOO