Fitch Ratings points to MGM Resorts' strong scale and diversification as positives

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The famous Las Vegas Strip with the Bellagio Fountain. The Strip is home to the largest hotels and casinos in the world.

RandyAndy101/iStock Editorial via Getty Images

Fitch Ratings affirmed a BB- default credit rating for MGM Resorts International (MGM), which supports a constructive long-term view on the casino operator's credit quality and financial flexibility.

The ratings agency highlighted MGM's (MGM) strong scale, geographic diversification across Las

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seekingalpha