Monday, September 21, 2020

Tag: finacials

MGM’s strong Q1 performance in Macau undermined by so-so US results

Mandalay Bay
MGM Resort income rose 8.5 percent to $233m for Q1, but while MGM China saw a strong quarter in Macau, in the US room revenue dropped five percent primarily due to lower occupancy at the company’s Las Vegas properties. MGM Resorts net revenue for Q1 2018 rose 3.9 percent, but a boost from the opening of its new casino in...

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