Fitch Ratings revises its outlook to positive on MGM Resorts (MGM +0.9%) on the strength of...

|About: MGM Resorts International (MGM)|By:, SA News Editor

Fitch Ratings revises its outlook to positive on MGM Resorts (MGM +0.9%) on the strength of stable Las Vegas Strip fundamentals and the ability of MGM China to support meaningful dividends. The ratings agency also cites MGM's capital market transactions this year which improved the maturity profile without increasing interest expenses.