This Casino Stock Just Had Its Best Revenue Quarter in History. Time to Buy?

Micah Angel, The Motley Fool

Wed, Nov 16, 2022, 9:53 AM4 min read

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MGM Resorts International (NYSE: MGM) just posted its all-time highest revenue per quarter. Thanks to a remarkably strong sales quarter on the Las Vegas Strip, MGM's Q3 revenue of $3.4 billion marked a 26% increase year over year. Calling it "the best quarter in our Las Vegas Strip history," CEO Bill Hornbuckle attributed the strong performance to MGM's appeal, both as a vacation destination and meeting place.

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This Casino Stock Just Had Its Best Revenue Quarter in History. Time to Buy?

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