Union Gaming Research differs on MGM Resorts

2014/7/21

From：Macau Business

Union Gaming Research expects that MGM Resorts International’s financial performance in Las Vegas in the second quarter of this year exceeded market estimates, and that the company’s performance in Macau lagged market estimates.

“We think the quarter will reflect good growth in Las Vegas, which should help offset mixed results from MGM’s regional assets,” the research house says.

Union Gaming Research has lowered its own estimate of the second-quarter profit of the Macau subsidiary of MGM Resorts, MGM China Holdings Ltd, to reflect the research house’s view of the performance of the city’s gaming industry as a whole.

MGM Resorts is due to report its second-quarter results on August 5.

Copyright@Macau Business