MGM Resorts (MGM) Tops Q1 EPS by 5c

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MGM Resorts International Reports First Quarter 2022 Financial And Operating Results

May 2, 2022 4:15 PM EDT

Las Vegas Strip Resorts and Regional Operations Adjusted Property EBITDAR increased 47% and 48%, respectively, compared to the first quarter of 2019 and maintained margin growth over 2019 in both the Las Vegas and Regional marketsAnnounced offer to acquire global online gaming company LeoVegas for a total tender value of approximately $607 millionRepurchased $2.8 billion of shares of common stock since January 2021Closed transaction with MGP to VICI and continue to pursue a commercial gaming license in New York and development of an Integrated Resort in Osaka,... More