Casino Operators Post Losses
(Las Vegas, NV) — Two of Las Vegas’ largest casino operators have posted losses in the third quarter.
MGM Resorts International reported a loss of just over $182 million, despite improving revenues at its properties on the Strip and in Macau.
Caesars Entertainment posted a loss of just over $500 million dollars due to one-time charges. The company reports slight increases at its Las Vegas properties, and declines at its resorts in northern Nevada and Atlantic City.