"Our robust liquidity position provides us with significant flexibility as our business continues to improve and stabilize. I'm grateful for the tremendous work that our MGM Resorts teams continue to put into positioning this Company for future growth and success." We continued to advance that goal today with our announced agreement with VICI and MGM Growth Properties to monetize our MGP Operating Partnership units for $4.4 billion in cash. "We also recently announced several strategic transactions that furthered our goal of becoming a more streamlined, focused organization with stronger liquidity. sports betting and iGaming venture, BetMGM, continues to outperform as the number two operator nationwide," said Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International. Our Las Vegas Strip and Regional Operations Adjusted Property EBITDAR margins reached all-time records and our Regional Operations also delivered an all-time quarterly record in Adjusted Property EBITDAR. "We delivered a strong second quarter, driven by robust demand and productivity efforts across our domestic portfolio.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |