Bloomberg Market Wrap 9/16: Agricultural Commodities, MGM Resorts

The video discusses the impact of crude oil on commodities like corn and sugar, highlighting the rise in prices and its influence on the S&P 500 Energy Index. It then shifts focus to MGM Resorts International, examining their real estate strategy and potential property sales to Blackstone. The video concludes with an analysis of MGM's revenue sources, emphasizing the significance of Macau's gaming revenue compared to Vegas.

How did the rise in crude oil prices affect the S&P 500 Energy Index?

• It increased by more than 3%

• It decreased by 3%

• It decreased by more than 3%

• It remained unchanged

What potential strategic move is MGM Resorts International considering?

• Expanding into new markets

• Focusing on online gaming

• Selling properties to Blackstone

• Acquiring new properties

What percentage of MGM Resorts International's revenue comes from the US?

• 90%

• 77%

• 15%

• 50%

Which region contributes significantly to MGM's revenue, as mentioned in the transcript?

• Las Vegas

• Macau

• Atlantic City

• Singapore

Why might MGM Resorts International focus more on Macau?

• It has lower operational costs

• It has fewer competitors

• It is closer to their headquarters

• It is their largest revenue source