If it proves adept at execution, MGM could be a long-term earnings growth story on the back of expansion plans. Those include Osaka and New York, where the operator is vying for one of three yet-to-be-awarded downstate casino permits.<\/p>\n
Our future growth and expansion plans are promising. In April, we achieved the landmark approval of MGM’s development plan in Osaka, Japan. The application process in New York is progressing and our global digital expansion plans remain a major focus as we continue to grow LeoVegas and the MGM digital brand worldwide,\u201d said CEO Bill Hornbuckle in the statement.<\/p><\/blockquote>\n
In the press release, MGM mentioned the possibility of international digital acquisitions but did not address the possibility of adding more land-based casinos to its portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"
On the back of strength across its entire casino portfolio, MGM Resorts International (NYSE: MGM) thumped first-quarter estimates. The Bellagio operator posted adjusted earnings per share (EPS) of 44 cents in the first three months of the year on revenue of $3.9 billion. Analysts expected earnings of 10 cents on sales of $3.59 billion. On […]<\/p>\n","protected":false},"author":46,"featured_media":212229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,81886],"tags":[81897,81903,23],"acf":[],"yoast_head":"\n
MGM Tops Q1 Estimates With Help Of Las Vegas Venues<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n