2025.12.16
mgm grand casinoWe saw sequential improvements in all of our markets in the third quarter, and our regional properties have led the pace of recovery with several properties generating record operating performance,” said CEO Bill Hornbuckle on a conference call with analysts and investors.On the bright side, all of the company’s Strip venues are reopened and generated positive earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) during September.The Strip, where it’s the largest operator, accounts for approximately half of MGM’s EBITDA.mgm casino jobs detroitFollowing a recent debt sale, MGM had .All About VegasIn a normal operating environment, MGM’s deep Strip exposure is a plus.Prior to joining the NGCB, Morgan was an attorney in Las Vegas, and had most recently worked as the director of external affairs for AT&T in Nevada.3 rivers casino online gambling black hawk casino colorado addrebis oxford casino opening soonBut he added that MGM isn’t looking to buy those venues.Tropicana Las Vegas, seen here.But he added that MGM isn’t looking to buy those venues.downstream casino spaOn the bright side, all of the company’s Strip venues are reopened and generated positive earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) during September.The Strip, where it’s the largest operator, accounts for approximately half of MGM’s EBITDA.Not Focusing on M&AWhile consolidation is brisk in the gaming industry these days and Strip venues are up for sale, presumably at lower prices than were available pre-pandemic, Hornbuckle said acquisitions aren’t a priority for the company today.seneca niagara casino free play free slot games you can win real moneymiami club casino deposit bonusHe rates MGM stock “hold,” with a price target, implying modest upshollywood casino nightside from the Oct.Las Vegas results improved in Q3, but there’s still work to be done.08 a share on revenue of $hollywood casino nights1.But he added that MGM isn’t looking to buy those venues.Heather Murren, the wife of ex-MGM Resorts CEO Jim Murren, is additionally on the Fidelity board.Morgan’s past also includes a stint working as a litigation lawyer for MGM Resorts.seven feathers casino rooms firekeepers casino veterans |