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MGM Resorts sees first quarter revenue decline 29% to $2.3bn

1st May 2020 10:12 am GMT
MGM Resorts
SBTech

New York-listed casino operator MGM Resorts International has reported a 29 per cent drop in net revenue to $2.3bn for the first quarter of 2020, following the temporary suspension of its US and Macau casino operations.

Revenue from Las Vegas Strip Resorts fell by 21 per cent to $1.1bn, with casino revenue down 15 per cent following a decrease in March which offset a 12 per cent increase in casino revenue during the first two months [...]

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