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There's a wide moat and strong cash flow behind this business.
The gaming and entertainment industry has big barriers to entry, from limited land to regulatory limitations in the U.S. and around the world. That's why MGM Resorts' (MGM -0.34%) business is so attractive, and as Travis Hoium shows in this video, the stock is extremely cheap right now.
*Stock prices used were end-of-day prices of Sept. 23, 2024. The video was published on Sept. 24, 2024.
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 their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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