What Happened?

Shares of hospitality and casino entertainment company MGM Resorts (NYSE: MGM) jumped 7.3% in the afternoon session after regulators in Macau reported a surge in June 2025 gaming revenue. 

Casino revenue in the world's largest gambling hub jumped 19% year-over-year to approximately $2.61 billion, according to data from Macau's Gaming Inspection and Coordination Bureau. This positive news lifted shares of other casino operators with significant exposure to the region. This strong performance is a welcome sign for operators like MGM, which derives a significant portion of its earnings from the Chinese territory.

The shares closed the day at $36.89, up 7.2% from previous close.

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What The Market Is Telling Us

MGM Resorts’s shares are not very volatile and have only had 9 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

MGM Resorts is up 9.1% since the beginning of the year, but at $36.73 per share, it is still trading 21.5% below its 52-week high of $46.78 from July 2024. Investors who bought $1,000 worth of MGM Resorts’s shares 5 years ago would now be looking at an investment worth $2,190.

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