Tag Archives: convention business

Bet on the Las Vegas recovery with MGM

Las Vegas Strip Bellagio Caesar's Palace

Las Vegas Strip Bellagio Caesar's Palace (Photo credit: Wikipedia)

MSN Money
–But it’s the turnaround in the Las Vegas convention business that’s the real big news for MGM Resorts. Convention business in Las Vegas is projected to climb 10% next year. MGM’s margins of 70% on its hotel business are much higher than on its gaming revenue. The upturn in Vegas comes just–read more

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