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Record quarter for MGM Resorts as revenue nears $4 billion mark

3rd August 2023 9:34 am GMT
MGM Resorts

MGM Resorts International has reported a 21 per cent increase in consolidated net revenue to a record $3.94 billion in the second quarter of 2023.

The revenue growth compared to the same period last year was mostly driven by the removal of Covid-related entry restrictions in Macau, which helped MGM China revenue soar 418 per cent to $741 million, buoyed by a 454 per cent rise in Casino revenue to $670 million.

Revenue from Las Vegas Strip [...]

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