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Morningstar

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Oct 28, 2026

MGM Resorts International: MGM: Barry Diller Withdraws Purchase Offer; Shares Attractive

Symbols

MGM

Sector(s)

Consumer Cyclical

Rating

Current Price

29.96

Fair Value

Economic Moat

Stewardship

Summary

MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The

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Analyst Profile

Dan Wasiolek

Senior Equity Analyst

Dan Wasiolek is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers gaming, lodging, and online travel.Before joining Morningstar in 2014, Wasiolek spent 16 years as an analyst and portfolio manager covering U.S. mid- and large-cap strategies for Driehaus Capital Management.Wasiolek holds a bachelor’s degree in business administration from Illinois Wesleyan University and a master’s degree in business administration, with a concentration in finance, from the DePaul University Kellstadt School of Business.

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