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 [...]