MGM Resorts International has shared its third-quarter report.
The company is advancing its asset-light strategy to simplify structure and bolster liquidity, and now has confirmed plans to sell its Mirage property, shortly after its leaseback deal for Cit圜enter and the acquisition of The Cosmopolitan's operations.
The operator reported revenue growth of 140% in Q3, consolidated operating income at $1.9B, and historical Adjusted Property EBITDAR records for its Vegas Strip and U.S.
