MGM Resorts' Biggest Growth Opportunity Is in Underperforming Macao
MGM Resorts (NYSE: MGM) is hitting on all cylinders at most of its U.S. properties and is pulling cash from properties as it sells real estate assets to REITs. But one area where the company is underperforming is Macao, the world's biggest gambling market.
MGM owns MGM Macao on the Macao Peninsula and MGM Cotai in the bustling Cotai region, but they are underperforming their rivals in this portion of southeastern China on a number of levels. Here's where the company can improve and how it might go about boosting numbers and drive this casino stock higher.
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Source Fool.com
