MGM Resorts Narrows 4Q Loss
The casino operator, in which billionaire Kirk Kerkorian is a major investor, said it had a loss of $139 million, or 29 cents a share, during the quarter, compared with $433.9 million, or 98 cents a share, a year earlier when results were weighed down by a charge.
Excluding one-time items, MGM Resorts says it lost 20 cents per share.
Las Vegas company says revenue was $1.47 billion, up from $1.45 billion.
(Copyright 2011 The Associated Press)