Casino Operator MGM beats second-quarter estimates on recovery in...
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작성자 Florine 댓글 0건 조회 0회 작성일 24-08-28 06:40본문
July 31 (Reuters) -
MGM Resorts International beat Wall Street's second-quarter estimates on Wednesday, thanks to a strong recovery in Macau following the easing of pandemic-related restrictions last year.
Shares of the company were up 1.5% in extended trading.
Casino operators such as MGM and Wynn have seen increased traffic at their Macau gaming hubs, driven by a resurgence in travel and Crazy Coin Flip tourism spending in China, the world's second-largest economy.
Quarterly revenue at MGM China came in at $891 million, up 33% compared to last year.
MGM's total revenue rose 9.7% to $4.33 billion in the quarter through June, Crazy Coin Flip (tel) beating analysts' average estimate of $4.22 billion, according to LSEG data.
The Nevada-headquartered company's quarterly adjusted profit per share of 86 cents also came ahead of Wall Street expectations of 62 cents. (Reporting by Anandita Mehrotra and Aishwarya Jain in Bengaluru; Editing by Tasim Zahid)
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MGM Resorts International beat Wall Street's second-quarter estimates on Wednesday, thanks to a strong recovery in Macau following the easing of pandemic-related restrictions last year.
Shares of the company were up 1.5% in extended trading.
Casino operators such as MGM and Wynn have seen increased traffic at their Macau gaming hubs, driven by a resurgence in travel and Crazy Coin Flip tourism spending in China, the world's second-largest economy.
Quarterly revenue at MGM China came in at $891 million, up 33% compared to last year.
MGM's total revenue rose 9.7% to $4.33 billion in the quarter through June, Crazy Coin Flip (tel) beating analysts' average estimate of $4.22 billion, according to LSEG data.
The Nevada-headquartered company's quarterly adjusted profit per share of 86 cents also came ahead of Wall Street expectations of 62 cents. (Reporting by Anandita Mehrotra and Aishwarya Jain in Bengaluru; Editing by Tasim Zahid)
If you have any type of concerns concerning where and how you can make use of Crazy Coin Flip, you could contact us at the web page.
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