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MGM Resorts revenue hits record $16.16 billion in 2023

14th February 2024 10:35 am GMT
MGM Resorts

MGM Resorts International has reported a 23 per cent increase in consolidated net revenue to $16.16 billion for 2023, buoyed by a record performance in the final quarter of the year.

Revenue in Q4 rose by 22 per cent year-on-year to $4.38 billion, primarily due to a 462 per cent increase in revenue at MGM China to $982.5 million following the removal of Covid related entry restrictions in Macau and an increase in visitation compared to [...]

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