Saturday, January 11

Tag: Bill Hornbuckle

MGM CEO talks up ‘pipeline’ of international development chances in the middle of Q3 success

MGM CEO talks up ‘pipeline’ of international development chances in the middle of Q3 success

Entertainment
Growth efforts in numerous markets around the globe put MGM Resorts International in a position to construct on its success throughout Q3 and protect additional development, according to CEO and president Bill Hornbuckle. MGM published record combined earnings of $4.18 billion (₤ 3.22 billion/EUR3.85 billion) in Q3, up 5.3% from in 2015. The group reported development throughout all sectors, however it was the MGM China organization that drove development throughout the quarter. Net income in Macau reached an all-time high, which in turn permitted MGM to reveal an unique dividend for the area. Income likewise grew throughout MGM's Las Vegas and Regionals services, while the BetMGM digital endeavor with Entain saw success once again. While MGM stays on a mainly upward trajectory, ...