About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

Will MGM Resorts Rise to the Top of the Casino Food Chain?

Will MGM Resorts Rise to the Top of the Casino Food Chain? Casino operator MGM Resorts (NYSE: MGM) has been profitable during the post-pandemic recovery faring much better than leading rival casinos Las Vegas Sands (NYSE: LVS),  Wynn Resorts (NASDAQ: WYNN), Melco (NASDAQ: MLCO). Ironically, its shares are down (-25%) lagging Las Vegas Sands stock trading up 10% on the year. Las Vegas is back and MGM is benefitting from the recovery while being least exposed to the COVID shutdowns in Macau like its competitors Wynn and Las Vegas Sands. Las Vegas hotel occupancy rates are back to 90% as the Company has only been able to fill around 2,000 of the 5,000 job openings it has. It’s mobile and online sportsbook and igaming app BetMGM continues to gain market share against competitors including DraftKings (NASDAQ: DKNG) and Penn Entertainment (NASDAQ: PENN). BetMGM partnered with NBC Sports (NASDAQ: CMCSA) for the Sunday Night Football show where it will be featured throughout the show highlighting stories and betting odds. The bottom line is this leaves more upside in shares of MGM.

Macau Lifting Restrictions Lifts Casino Stocks

China has signaled the reopening of Macau to tour groups from its zero tolerance COVID-19 policy. Regulators have signaled the resumption of Mainland tour groups and issuing of IVS eVisas to Macau aimed at boosting the economy on the island. Macau derives nearly 90% of its revenues from the 27.9 million Mainland travelers and the easing of restrictions are expected to be in place by November. Casino stocks with a heavy concentration in Macau spiked in the past two weeks pushing shares of LVS well into the green. MGM still owns a 10% market share and derives 7% of its total revenues from Macau, so a recovery bodes well for MGM too.

Vegas is Back, Baby

On Aug. 3, 2022, MGM reported its Q2 2022 earnings for the quarter ended in June 2022. The Company reported an earnings-per-share profit of $0.03 missing consensus analyst estimates for a profit of $0.33, a (-$0.30) miss. Revenues rose 44% year-over-year (YoY) to $3.26 billion beating analyst estimates for $3.03 billion. Consolidated adjusted EBITDAR of $920 million and consolidated adjusted EBITDAR margin of 28.2% in the current quarter. The Company acquired The Cosmopolitan of Las Vegas and sold the operations of Gold Strike Tunica for $450 million. Same store sales rose nearly 60% YoY. The Company bought back $1.1 billion of common shares or 8% of outstanding shares. MGM is pursuing gaming licenses in New York and developing an Integrated Resort in Osaka, Japan.

Will MGM Resorts Rise to the Top of the Casino Food Chain?

Here’s What the Charts Say

Using the rifle charts on the weekly and daily times frames enable a precise view on the price action for MGM stock. The weekly rifle chart formed an inverse pup breakdown after rejecting the $44.31 Fibonacci (fib) level to drop and bottom near the $26.64 fib. The weekly rifle chart is in a make-or-break pattern with a flat weekly 5-period moving average (MA) at $32.34 and weekly 15-period MA at $32.36. The weekly 200-period MA sit at $31.55. The weekly stochastic drop stalled at the 60-band for a mini inverse pup or a cross back up. The weekly market structure low (MSL) buy trigger is a support at the $31.83 level. The weekly lower Bollinger Bands (BBs) sit at $26.17 and upper BBs overlap with the weekly 50-period MA at the $38.51 fib. The daily rifle chart is attempting a breakout with a rising 5-period MA at $32.06 crossing up through the 15-period MA at $31.77. The daily stochastic bounced to the 50-band. The daily 50-period MA is being tested at $33.45. The daily 200-period MA is falling at $37.31 under the daily upper BBs at $37.78. Attractive pullback levels sit at the $30.70, $29.64 fib, $27.99 fib, $26.64 fib, $25.51, and the $24.53 fib level.

Upbeat CEO Comments

MGM CEO Bill Hornbuckle commented, "Our second quarter results were outstanding, representing the best ever Adjusted Property EBITDAR quarter at the Company's Las Vegas Strip Resorts and best second quarter Adjusted Property EBITDAR at our Regional Operations driven by consistent strong demand from the leisure consumer and a return from our convention customers… We look to the future with optimism, as our convention and event calendar for the next year remain notably strong and BetMGM continues to be a market leader with a roadmap for growth. We remain focused on achieving our vision to be the world's premier gaming entertainment company." 

 

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.