|Bid||126.80 x 1400|
|Ask||126.97 x 900|
|Day's range||122.76 - 127.21|
|52-week range||67.54 - 143.88|
|Beta (5Y monthly)||2.46|
|PE ratio (TTM)||N/A|
|Earnings date||02 Aug 2021 - 06 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||25 Feb 2020|
|1y target est||129.25|
MGM Resorts International (NYSE: MGM) is the latest Las Vegas casino operator to be allowed by regulators to return to 100% occupancy ahead of the July 1 target date for all of the industry to operate at full capacity. Earlier this month, Wynn Resorts (NASDAQ: WYNN) became the first casino to return to 100% capacity on its gaming floors after 88% of its employees received COVID-19 vaccinations. Nevada had previously raised the capacity limits from 50% to 80%, and is planning to let all casinos go to full capacity by the summer.
Wynn Resorts' (WYNN) first-quarter 2021 results reflect dismal performance by Wynn Palace, Wynn Macau and Las Vegas operations.
Wynn Resorts (NASDAQ: WYNN) announced Monday it was jumping into the online gambling spinoff game by merging its online betting platform Wynn Interactive with Austerlitz Acquisition Corp I (NYSE: AUS), a special purpose acquisition company, or SPAC. The casino operator will retain 58% ownership of the gambling platform and will have 70% of the voting rights, so it will be a fully controlled subsidiary of Wynn Resorts. Wynn Interactive, which it will continue to be called following the merger, offers both casino games and sports betting through its WynnBET, BetBull and WynnSLOTS brands.