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What smart money is saying about MGM ResortsUnited States flag

MGM · Consumer Cyclical · Gambling, Resorts & Casinos · Market cap $9.58B

3 funds in our archive have pitched MGM Resorts — most recently Diamond Hill Mid Cap Fund in March 2026.

Company profile

MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining options, entertainment venues, retail outlets, and more. Beyond traditional slots and table games, its casino activities also encompass online sports wagering and iGaming through its BetMGM platform. As of February 17, 2021, its extensive portfolio comprised 29 distinct hotel and gaming destinations. Notable assets include its properties on the Las Vegas Strip and the Fallen Oak golf course. The company caters to a diverse clientele, including high-stakes gamblers, vacationers, wholesale travel groups, business travelers, and organizational clients such as conventions, trade groups, and small conferences. Originally known as MGM MIRAGE, the firm rebranded to MGM Resorts International in June 2010. Established in 1986, MGM Resorts International is headquartered in Las Vegas, Nevada.

Fund coverage · 3 theses

  • Diamond Hill Mid Cap Fund
    March 2026

    MGM Resorts is a leading casino operator with attractive valuation and growth optionality from BetMGM and Japan.

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  • Symmetry Invest
    December 2025

    MGM Resorts is a multi-segment gaming and digital operator whose SOTP and buybacks imply large undervaluation, with additional upside from MGM Osaka and resilient cash flows.

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  • Nightview capital
    December 2024

    MGM Resorts is transforming its business model by prioritizing luxury experiences and global expansion, making it a leader in the hospitality sector.

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