Reported 27 days ago
MGM Resorts International reported third-quarter earnings below market expectations, with Las Vegas casino sales declining 13% to $476 million. Table game winnings also saw a 19% drop year-over-year. The company's total revenue was $4.18 billion, missing analyst estimates of $4.21 billion, and earnings per share of 54 cents fell short of the expected 61 cents, leading to a more than 5% drop in share prices after the announcement.
Source: YAHOO