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  • (MGM, CLNO, ISTA, SHLO, HOME) Stock to Watch by 0 comments
    Aug 29, 2011 11:50 AM | about stocks: MGM, VRX, SHLO, HOME-OLD

    MGM Resorts International (NYSE:MGM)

    MGM Resorts International financial results for the second quarter ended June 30, 2011 provided information stating that the company’s wholly owned domestic resorts segment earned Adjusted Property EBITDA of $331 million, up 7% compared to $309 million in the prior year quarter, despite a lower table games hold percentage in the current quarter and an approximately $12 million impact related to the state mandated closure of Gold Strike Tunica in May 2011.

    Previously ARIA Resort & Casino, the crown jewel of CityCenter, has earned the prestigious AAA Five Diamond Award for its Sky Suites, joining an elite class of resorts recognized with two AAA Five Diamond Awards for two distinct hotel experiences within one property.

    In its first year of operation in 2010, ARIA Resort & Casino was recognized as a AAA Five Diamond resort, a distinction rare for hotels to achieve in such a short time.

    MGM Resorts International is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in four other properties in Nevada, Illinois and Macau. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino.

    ARIA Sky Suites now joins this distinguished list of premier destinations, providing an unparalleled level of stylish accommodations and exemplary service from arrival to departure.

    For more information about the MGM Resorts International please visit

    Read more at:

    Stocks: MGM, VRX, SHLO, HOME-OLD
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