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MGM 2020 plan focused on technology improvement and efficiencies

4th January 2019 8:28 am GMT
MGM Resorts

New York-listed casino operator MGM Resorts International has launched a business optimisation initiative that is expected to deliver a $300m uplift in adjusted EBITDA by the end of 2021.

Known as MGM 2020, the initiative will focus on reducing costs and improving efficiencies, alongside investment in technology that will lay the groundwork for the company's digital transformation to drive revenue growth.

The company expects to deliver a $200m uplift in adjusted EBITDA by the end of 2020, [...]

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