Skip to main content
Global Edition
Friday, April 26, 2024

MGM Resorts reports $1B operating loss in Q2

Credit: KTNV Channel 13 Las Vegas
Duration: 00:19s 0 shares 1 views

MGM Resorts reports $1B operating loss in Q2
MGM Resorts reports $1B operating loss in Q2

MGM Resorts is reporting a near billion-dollar operating loss in the second quarter.

Nevada's largest casino operator was forced to shut down all of its properties here in the valley in March.

They have been slowly reopening since early June.

The company's CEO Bill Hornbuckle says MGM will remain flexible and focused as the pandemic continues.

LOSS IN THE SECOND QUARTER.NEVADA'S LARGEST CASINOOPERATOR WAS FORCED TO SHUTDOWN ALL OF ITS PROPERTIES HEREIN THE VALLEY IN MARCH.THEY HAVE BEEN SLOWLY REOPENINGSINCE EARLY JUNE.THE COMPANY'S C-E-O BILLHORNBUCKLE SAYS M-G-M WILLREMAIN FLEXIBLE AND FOCUSED ASTHEY PANDEMIC CONTINUES."WHOSE BROAD STRIPES AND BRIGHTSTARS...

You might like

Related news coverage

Financial Focus for July 10

In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas. Walmart+ nears launch date..

KTNV Channel 13 Las Vegas

Advertisement