Mgm resorts international reports first quarter 2023 financial and operating results

Record 1q adjusted property ebitdar for las vegas strip resorts up 41% yoy; seventh consecutive quarterly record mgm china adjusted property ebitdar of $169 million, 88% recovery vs 1q19; net revenues up 130% yoy amid strong reopening trends closed on the sale of the operations of gold strike tunica received official certification of area development plan for osaka, japan repurchased approximately 12 million shares for $487 million during the quarter leovegas entered into agreement to acquire majority of digital game developer push gaming las vegas , may 1, 2023 /prnewswire/ -- mgm resorts international (nyse: mgm) ("mgm resorts" or the "company") today reported financial results for the quarter ended march 31, 2023. "mgm resorts is executing across all of its geographies and channels with record first quarter las vegas strip adjusted property ebitdar, consistently strong regional operations profit, mgm china's swift return to profitability, and betmgm's anticipated positive earnings later this year," said bill hornbuckle, chief executive officer and president of mgm resorts.
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