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MGM Resorts International

MGM Resorts International reported net revenue at the Company‚Äôs wholly owned domestic resorts increased 3.0 percent year-over-year in the first quarter of 2016. MGM China reported revenues of $469 million for the first quarter of 2016, a decrease of 26 percent year-over-year. In connection with its Analyst and Investor Day, the Company announced that as part of its previously announced Profit Growth Plan, it now expects to achieve an annual Adjusted EBITDA benefit of $400 million by the end of 2 … (See Research Report)
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