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MGM Resorts posts $9.2B revenue for 2012
MGM Resorts International has reported net revenue of $9.2 billion for 2012, including $5.9 billion generated by its wholly owned domestic properties. The company said that adjusted property earnings before interest, taxes, depreciation and amortization from its wholly owned domestic resorts was $1.3 billion in 2012. For the fourth quarter, MGM Resorts posted a consolidated operating loss of $425 million, while its wholly owned domestic properties saw operating income of $202 million.
TravelPulse (2/20)

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