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Stock impact report

Nevada Casino Revenues Rise in November Despite Continued Visitation Lag [Yahoo! Finance]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Yahoo! Finance
Nevada casino earnings rose for a second straight month in November. Las Vegas visitor counts and airport traffic remained down. MGM Resorts leadership pushed back on claims of Vegas decline. The Nevada Gaming Control Board recently reported that casino earnings rose statewide for a second consecutive month, with several markets showing big gains. Downtown Las Vegas casinos saw a 10.3% revenue boost in November, while Laughlin and the Boulder Strip reported jumps of 11% and 20%, respectively. The Las Vegas Strip, however, produced a disappointing a 0.5% decline for the month. The mixed results highlight an uneven recovery across the Southern Nevada region. Despite the revenue growth, visitor numbers were down. The Las Vegas Convention and Visitors Authority reported 35.4 million visitors to the end of November, down 7.4% on the same period in 2024, and passenger traffic at Harry Reid International Airport declined for the 10th straight month. Still, heavy crowds during Show less Read more
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