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Solid year of growth for MGM despite fourth quarter struggles

18th February 2015 11:33 am GMT

Casino operator MGM Resorts International has reported a 3 per cent increase in consolidated net revenue to $10.1bn for the full 2014 year, following a solid performance from its domestic US casino business.

The full year growth came despite a 5 per cent decline in net revenue to $2.4bn for the final quarter of 2014.

Revenue from the company’s wholly owned domestic resorts rose 5 per cent to $1.5bn, while MGM China revenue fell by 22 [...]

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