Full MGM Resorts International Fiscal Year 2023 Overview
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We are delighted to share with you a comprehensive overview of MGM Resorts International’s financial performance. Founded in 1986 by Kirk Kerkorian and headquartered in Delaware, MGM Resorts International has evolved into a leading holding and entertainment conglomerate, boasting a diverse portfolio of hotels, casinos, conference facilities, restaurants, and nightclubs.
Reviewing the revenue trajectory, MGM Resorts International witnessed a notable decline of 59.98% in revenue in 2020 due to the COVID-19 pandemic, amounting to 5,162.082 million USD. However, the company demonstrated resilience by bouncing back with an 87.52% revenue surge in 2021, reaching 9,680.140 million USD. This upward trend continued into 2022 with a revenue increase of 35.61% compared to 2021, totaling 13,127.485 million USD. In 2023, revenue soared by 23.13% compared to the previous year, reaching an impressive 16,164.249 million USD.
For a comprehensive insight into MGM Resorts International’s accomplishments and strategic endeavors, we invite you to explore our detailed report – Full MGM Resorts International Fiscal Year 2023 Overview for free!
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