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MGM Resorts: Strength in Marriott Deal, Softness with Formula 1 in Vegas

  • Skift--Skift
  • published date: 2024-07-31 22:30:39 UTC

America's casino resort giant posts record revenues, buoyed by a recent loyalty alliance with Marriott. But Las Vegas's Formula 1 fever appears to be cooling, casting a shadow over the fourth quarter. -Sean O'Neill

MGM Resorts International reported record second-quarter revenue on Wednesday, driven by a recovery in Macau and continued strength in Las Vegas. The casino and resort operator noted that a partnersh… [+5479 chars]