MGM Resorts International
MGM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$65.00 | Vzzdm | Mqmpdpr |
BetMGM Earnings: Investments in 2024 Required to Keep Pace With DraftKings and FanDuel
No-moat MGM’s and Entains jointly owned online gaming entity, BetMGM, reported first-half results, which we believe showcase that it and others continue to face an uphill battle in supplanting leaders FanDuel and no-moat DraftKings.