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Macau growth takes MGM Resorts’ Q3 revenue to $3.97 billion

9th November 2023 10:14 am GMT
MGM Resorts

MGM Resorts International has reported a 16 per cent increase in consolidated net revenue to $3.97 billion for the third quarter of 2023, as growth from MGM China offset declines in its US operations.

MGM China revenue soared by 829 per cent compared to last year to $813 million due to the removal of Covid-related travel and entry restrictions in Macau, as well as an increase in visitation.

This was partially offset by  decrease in revenues at [...]

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