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home / news releases / mgm resorts time to risk on ahead of macau s recover

BNGE - MGM Resorts: Time To Risk On Ahead Of Macau's Recovery

First Trust S-Network Streaming and Gaming ETF
  • MGM initiates robust M&A activity that enhances both its physical and online commercial operations.
  • Expert assessments on the North American Monkeypox outbreak reassure uninterrupted operations of MGM.
  • Its MGM China segment has benefited from a surge in Macau's gaming revenue, which adds to its revenue growth.
  • MGM remains liquid notwithstanding the cut of its dividend and has a strong buyback catalyst.
  • MGM is fundamentally attractive and it trades at a logical support zone, making this stock a good buy at today’s weakness.

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MGM Resorts: Time To Risk On Ahead Of Macau's Recovery
Stock Information
Company Name: First Trust S-Network Streaming and Gaming ETF
Stock Symbol: BNGE
Market: NYSE
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