MGM Resorts (MGM) Misses Q2 EPS by 24c

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MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2022 FINANCIAL AND OPERATING RESULTS

August 3, 2022 4:15 PM EDT

Record Las Vegas Strip Adjusted Property EBITDAR and record second quarter Regional Operations Adjusted Property EBITDARAcquired the operations of The Cosmopolitan of Las Vegas; announced the sale of the operations of Gold Strike Tunica for $450 millionRepurchased $1.1 billion of shares of common stock during the second quarter, or 8% of outstanding sharesContinue to pursue a commercial gaming license in New York and development of an Integrated Resort in Osaka, Japan

LAS VEGAS, Aug. 3, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:... More