DALLAS, Nov. 9, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring MGM Resorts International (NYSE:MGM). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/MGM
MGM Resorts International (MGM) is a holding company engaged in gaming, hospitality and entertainment. The Company owns and operates casino resorts, which includes offering gaming, hotel, dining, entertainment, retail and other resort amenities. At its wholly owned resorts, the Company's primary casino and hotel operations are owned and managed by it. Other resort amenities may be owned and operated by the Company but managed by third parties for a fee, or leased to third parties. It also operates many managed outlets, utilizing third-party management for specific expertise in areas, such as restaurants and nightclubs, as well as for branding opportunities. The Company has holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in four other properties in Nevada, Illinois and Macau.
Message Board Search for MGM: http://www.boardcentral.com/boards/MGM
In the report, the analyst notes:
"Shares of the casino giant traded higher Monday following positive comments from CNBC's Jim Cramer. Speaking about the casino sector on his Mad Money TV program last week, Cramer said MGM was the best way for investors to bet on a Las Vegas recovery.
"MGM reported its third-quarter results last week, posting an adjusted loss of 21 cents per share, which was better than analysts' loss estimates of 23 cents. Total revenue inched up 2% to $1.56 billion. 'We continue to see the Las Vegas market stabilizing, Aria's operating performance is ramping up, and MGM Macau reported a record quarter,' said MGM chairman and CEO Jim Murren."
To read the entire report visit: www.microstockprofit.com/lp/MGM
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