The gambling business has long been known for high risks and large amounts of debt. But MGM Resorts (NYSE: MGM) is now a cash flow business with a solid balance sheet. This video covers everything you need to know about MGM's business model and finances in a little over three minutes.
*Stock prices used were end-of-day prices on Sept. 9, 2022. The video was published on Sept. 12, 2022.
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Travis Hoium has positions in MGM Resorts International. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/riiv, I'll earn some extra money that supports my channel. My opinions remain my own and are unaffected by The Motley Fool.
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