Thursday, August 2, 2018

Like competitors, MGM Resorts expects weak third quarter

Las Vegas Sun Stories: Gaming
Like competitors, MGM Resorts expects weak third quarter
Industry analysts grilled MGM Resorts International executives Thursday after the company forecast weak results for the current quarter because — just like its competitors — it expects fewer scheduled entertainment events and lower room rates in Las Vegas this summer. Chairman and CEO Jim Murren pushed back. He highlighted the company's casino revenue from its Las Vegas Strip properties and its ...

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