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MGM Resorts reports strong Q4 earnings, beating forecasts despite slight annual revenue dip.
MGM Resorts International reported strong Q4 earnings, exceeding forecasts with $4.35 billion in revenue and 45 cents in EPS.
Despite a 1% dip in total revenue year-over-year, regional revenue grew 7%, MGM China revenue rose 4%, and digital revenue increased 15%.
BetMGM is on track to be profitable in 2025.
Shares rose 8% in after-hours trading.
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MGM Resorts reporta fuertes ganancias Q4, superando los pronósticos a pesar de una ligera caída anual de ingresos.