'Best hotel revenue month' in MGM Resorts history coming up, executive says
Tuesday 14 de February 2023 / 12:00
2 minutos de lectura
(Las Vegas).- MGM Resorts International's top executive said Wednesday that he expects March to be the most lucrative revenue-producing month ever for the company's Las Vegas casino resorts.
For the final three months of last year, MGM reported net revenues of $2.3 billion for its Strip resorts. That represented a 27% increase when compared to the fourth quarter of 2021.
Overall, the company reported net revenues of $3.6 billion last quarter, an 18% increase from the fourth quarter of 2021.
In Las Vegas, Hornbuckle said he expects another big year for the company in 2023, aided, he said, by the first Formula One Las Vegas Grand Prix race, which will take place in November.
"Formula One is expected to bring $1 billion in economic value to (Las Vegas)," Hornbuckle said. "We believe we're the best-positioned to take advantage of that."
The race, which will take place over a stretch of Las Vegas Boulevard on the Strip, will be locked in as an annual event for the next decade in Las Vegas following recent action by the Clark County Commission.
Categoría:Casino
Tags: casino,
País: United States
Región: North America
Event
GAT EXPO CARTAGENA 2025
28 de April 2025
Colombian Olympic Committee, GAT Expo, and Colombian Official Esports Announce Historic Partnership to Promote Esports as an Olympic Discipline in Colombia
(Cartagena) - The Colombian Olympic Committee (COC) and GAT Esports have sealed a strategic partnership to promote esports as part of the country's professional sports ecosystem. The announcement was made at a formal ceremony held at the gaming industry products and services exhibition hall, attended by Marco Emilio Hincapié, President of Coljuegos, COC executives, José Aníbal Aguirre, CEO of GAT Esports, media, and special guests.
Wednesday 30 Apr 2025 / 12:00
GAT Expo 2025: Novelties, technology, innovation, and high-level networking in the magical city of Cartagena
(Cartagena, SoloAzar Exclusive).- Today concludes GAT Expo Cartagena 2025, which has taken place this week with the presence of 23 countries and more than 70 international brands in the historic city of Cartagena de Indias, with its cobblestone streets, flower-filled balconies, and centuries-old walls.
Wednesday 30 Apr 2025 / 12:00
Successful Start to GAT Expo Cartagena 2025, Which Continues with Two Days of Gaming Sector Exhibitions
(Cartagena, SoloAzar Exclusive).- Perfect attendance and strong performance were the highlights yesterday at the GAT Academy conference series at the start of GAT EXPO Cartagena, which continues today and tomorrow with the exhibition of products and services from important companies in the gaming sector, both traditional and online.
Tuesday 29 Apr 2025 / 12:00
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