Shares of MGM fall off 4% after the casino operator reports a wider-than-expected loss, while...

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

Shares of MGM fall off 4% after the casino operator reports a wider-than-expected loss, while revenue improved on the strength in Macau. FBR notes the company may have hit an unlucky streak at its Las Vegas gaming tables: "The miss vs. our estimate was primarily from Las Vegas, where EBITDA was $10M lower than we projected."