|Bid||38.76 x 900|
|Ask||38.80 x 900|
|Day's range||38.56 - 39.58|
|52-week range||14.65 - 45.34|
|Beta (5Y monthly)||2.45|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jul 2021 - 02 Aug 2021|
|Forward dividend & yield||0.01 (0.02%)|
|Ex-dividend date||09 Jun 2021|
|1y target est||45.20|
John Vitti, Founder and CEO VersusGame, joins Yahoo Finance to discuss people gambling on the Olympic Games and outlook on the sports betting industry.
MGM Resorts (NYSE: MGM) has quietly made a very big bet on the future of the Las Vegas Strip, and it could determine the stock's performance long term. Not only did MGM recently agree to acquire the half of CityCenter that it didn't own for $2.125 billion, but it also agreed to sell CityCenter's real estate for $3.89 billion to funds managed by Blackstone (NYSE: BX). The move to acquire a key asset and monetize its real estate sounds smart on the surface, but it's adding more leverage to MGM's business.
Yahoo Finance's Brian Sozzi breaks down what's next for the hotel industry's road to recovery.