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MGM Resorts revenue hits record $4.38 billion in first quarter

2nd May 2024 10:20 am GMT
MGM Resorts

MGM Resorts International has reported a 13 per cent increase in consolidated net revenue to a record $4.38 billion in the first quarter of 2024.

The year-on-year growth was primarily due to a 71 per cent increase in revenue at MGM China to $1.06 billion, following the continued ramp up of operations after the removal of Covid related entry restrictions in Macau in the prior year quarter. This included casino revenue of $920 million, which improved [...]

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