Executives at casino-resort operator MGM Resorts International Inc. are betting on best-ever returns next month, as big events converge on Las Vegas.
Executives at casino-resort operator MGM Resorts International Inc. are betting on best-ever returns next month, as March Madness and other big events converge on Las Vegas.
Hornbuckle... Executives at casino-resort operator MGM Resorts International Inc. are betting on best-ever returns next month, as March Madness and other big events converge on Las Vegas. Hornbuckle made the remarks as the economy, for now, staves off a widely-feared recession, and as U.S. consumers remain eager to travel and seek out entertainment after two years of pandemic restrictions. And Vegas, just as much of a convention town as it is one for gambling, has benefited from a return of big events like CES, which last month drew more than 115,000 people.
He said that quarter-to-date, the properties within MGM’s China segment, combined, were “the highest-earning businesses within our company.”
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