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MGM Resorts reports third-quarter net income of nearly $150M [FOX Business Network]

MGM RESORTS INTL (MGM)  More Company Research Source: FOX Business Network
Last mgm resorts intl earnings: 4/26 08:40 am Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
PDF LAS VEGAS –   In its first financial report since the deadliest mass shooting in modern U.S. history was carried out from one of its properties, MGM Resorts International on Wednesday reported third-quarter net income of $149.1 million. Continue Reading Below Chairman and CEO Jim Murren told analysts, investors and media during the company's earnings call that the shooting at the Mandalay Bay hotel-casino did not have an impact on current results, but cancellations and the suspension of marketing efforts are expected to weigh down fourth-quarter figures. The entire town did the right thing, he said. We all took a pause in marketing out of respect for those affected. On Oct. 1, a 64-year-old high-stakes gambler and real estate investor killed 58 people and injured hundreds more after he shattered windows of his hotel suite and unleashed withering gunfire at the Route 91 Harvest music festival below before killing himself. MGM Resorts also owns the venue [Read more]

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