MGM Resorts lower after releasing earnings

|About: MGM Resorts International (MGM)|By:, SA News Editor

MGM China helped prop up MGM Resorts (MGM) in Q3 as the segment's pace of growth outran wholly-owned domestic resorts.

By properties, Bellagio showed one of the largest EBITDA gains at +30% Y/Y.

MGM was able to squeeze more out of its U.S. properties by increasing room revenue and realizing a higher hold percentages at casinos.

A goal to improve free cash flow is on track, according to the casino operator. (PR)

MGM -3.6% premarket