#SuperBowlImpact

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MGM Resorts looks forward to 2025 despite some headwinds

During Wednesday’s earnings conference call, MGM Resorts CEO and President Bill Hornbuckle expressed optimism for 2025.“We are seeing positive indicators with revenues up in our domestic operations in January,” Hornbuckle said, “as well as ADR (average daily rate) is on pace to grow the rest of the

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Wall Street firm sees 2% decline in Las Vegas Strip revenue in 2025

Deutsche Bank is calling for Las Vegas Strip revenue in 2025 to decline 2% from 2024. In a year-end forecast, analyst Carlo Santarelli said the decline is due to Strip non-gaming revenue falling an estimated 2.4%. Gaming revenue will fall 0.1% year-over-year.“We believe investor expectations are for

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