MGM runs casinos, hotels, and entertainment venues in Las Vegas, regional US, and Macau, plus online betting via BetMGM.
Revenue comes from gaming, rooms, food, and entertainment; 2025 gross margin was 44.42%, but net margin only 1.18%, showing thin profits after costs.
MGM's scale and prime Strip locations create high barriers, but competition from Wynn Resorts and Las Vegas Sands, plus online rivals like DraftKings, pressures its edge.
Strong Buy (sector percentile 94) — value B+, growth A-, profitability B-, momentum A-, revisions A-. Updated daily, sector-relative, identical for every user.
