Where Will MGM Resorts Be in 5 Years with IAC's Help?

Where Will MGM Resorts Be in 5 Years with IAC's Help?

MGM Resorts International (NYSE: MGM) has been as hard hit by COVID-19 as anyone. Its properties were shuttered globally and its revenues abruptly disappeared. While the pandemic has undeniably created a historically painful demand shock for MGM's business, the longer-term picture remains intact.