Companies

MGM Resorts International Achieves Record Results in Q4 and Full-Year 2023

Published February 14, 2024

With a triumphant close to the year, MGM Resorts International (MGM), a prominent leader in the global hospitality and entertainment industry, triumphantly announced its stellar financial outcomes for both the fourth quarter and the entire year of 2023. The data, which represents the fiscal period ending December 31, 2023, showcases the company's strategic efforts in driving growth and delivering exceptional experiences across their global destinations.

Unprecedented Fourth Quarter Performance

The fourth quarter for MGM was marked by record-breaking figures, reflecting the success of the company's operations and management. Through a combination of increasing guest traffic and various operational enhancements, MGM managed to deliver revenue and earnings that exceeded expectations and set a new benchmark for the company's financial performance.

Full-Year Financial Highlights

Looking at the full year, MGM built upon its quarterly achievements to secure an annual result that speaks volumes of its resilience and forward-thinking approach. The integrated approach to hospitality, combined with innovative entertainment offerings, has turned the year 2023 into a fiscal milestone for the company, signalling a strong position within the competitive market landscape of high-end resorts and entertainment venues.

earnings, hospitality, entertainment