Las Vegas Sands, MGM Resorts International and Accel Entertainment have been highlighted in this Industry Outlook article.
Robust demand for online betting bodes well for the Gaming industry. Stocks like LVS, MGM and ACEL are benefiting from improving industry trends.
MGM Resorts International (NYSE: MGM) and Walt Disney (NYSE: DIS) have what it takes to survive these challenging times and bounce back better than ever. Down 25% year to date, MGM Resorts hasn't escaped the 2022 market plunge. MGM's first-quarter net revenue jumped 73% year over year to $2.9 billion, driven by a dramatic recovery in Las Vegas, which more than tripled its top-line contribution to $1.7 billion.