Why MGM Resorts Stock Looks Fairly Priced
- Thursday, December 2, 2021, 7:10
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With prominent sports betting applications including BetMGM, FanDuel, Barstool, and Draft Kings targeting a 15-20% share of the U.S. sports betting and iGaming market, high competitive rivalry is likely to trim industry margins. Thus, the shares of MGM Resorts (NYSE: MGM), Flutter Entertainment…