MGM’s Land-Light Pivot Seems To Be Nearing Conclusion

MGM Grand - Las Vegas

MGM Resorts will only own 15 acres of the Las Vegas Strip by the end of 2021. In 2014, they owned more than 800 acres of the strip. They achieved this by spinning off an investment trust to control their land, thereby retaining access but bringing in further revenue. LAS VEGAS – MGM Resorts has … Read more

Here’s Why Online Gambling Stocks Are Tanking For Investors

Online Gambling Stocks

Online casino operations have not been seeing high success on the NASDAQ. This could be attributed to retail casinos reopening. Online gambling has also been proven to be far from profitable for major operations. NEW YORK – Online gambling peaked in 2020 during the pandemic, leading to many iGaming investors going all in on stocks … Read more