5 Best Casino Stocks To Buy Heading Into 2024

3. MGM Resorts International (NYSE:MGM)

Number of Hedge Fund Investors In Q2 2023: 50

MGM Resorts International (NYSE:MGM) is one of the most well known casino operators not only in the U.S. but all over the world. However, the firm is facing a bit of friction in Detroit as members of a trade union who also work at its casino have announced plans for a strike.

By the end of this year’s June quarter, 50 hedge funds among the 910 surveyed by Insider Monkey were MGM Resorts International (NYSE:MGM)’s investors. Keith Meister’s Corvex Capital is the biggest stakeholder among these through a $282 million investment.

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