MGM’s Big Lay Off: Should You Buy Or Sell?
- Tuesday, September 1, 2020, 7:10
- Market
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Should you be worried that MGM Resorts International recently laid off nearly 25% of its workforce? The short answer is no! On one hand this signals prolonged weakness in the casino and gaming market. But on the other hand, it also means significant support to MGM’s bottom line from a decisive…