Mgm resorts international reports record first quarter 2024 financial and operating results
Mgm china achieved record quarterly results with adjusted property ebitdar up 78% year over year and resumed its dividend las vegas strength continued in the first quarter with record 1q net revenues marriott strategic licensing agreement successfully launched across 16 brands mgm resorts repurchased 12 million shares during the quarter resulting in total share count reduction of 36% since 2021 our japan ir venture completed its credit facility, japan's largest project financing in history las vegas , may 1, 2024 /prnewswire/ -- mgm resorts international (nyse: mgm) ("mgm resorts" or the "company") today reported financial results for the quarter ended march 31, 2024. "our strategic growth plan to drive sustainable free cash flow from our resort operations, develop free cash flow by investing in international digital and luxury integrated resorts, and return capital to shareholders through share repurchases continued to develop in the first quarter of 2024," said bill hornbuckle, chief executive officer & president of mgm resorts international.
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