Mgm resorts international reports first quarter 2025 financial and operating results

Record 1q las vegas strip occupancy and slot win, with slot win up 7% year over year betmgm venture reported significant revenue growth and a substantial year over year turn to positive ebitda in 1q 2025 repurchased 15 million shares in 1q 2025, reducing shares outstanding by 43% since the beginning of 2021 board of directors authorized a new $2 billion share repurchase program mgm rewards program crossed 50 million members, a notable milestone reflecting the staying power of mgm resort's iconic brands las vegas , april 30, 2025 /prnewswire/ -- mgm resorts international (nyse: mgm) ("mgm resorts" or the "company") today reported financial results for the quarter ended march 31, 2025. "mgm resorts achieved strong first quarter results across our portfolio in the face of the well anticipated comparison to last year's super bowl in las vegas, highlighted by a positive ebitda performance at our betmgm venture," said bill hornbuckle, chief executive officer & president of mgm resorts international.
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