Las Vegas Sun

May 16, 2008

MGM Mirage blames profit dips on Monte Carlo fire

(via Associated Press) · May 6, 2008 · 6:46 AM

The Associated Press reports that casino giant MGM Mirage Inc. said Tuesday its first-quarter profit fell 30 percent, weighed down by resort opening costs and the Monte Carlo's temporary closure after a fire that resulted in 17 minor injuries.

The Las Vegas-based company said earnings dropped to $118.3 million, or 40 cents per share, compared with $168.2 million, or 57 cents per share, in the same quarter a year ago.

Post a comment

Commenting requires registration.

Comments are moderated by Las Vegas Sun editors. Our goal is not to limit the discussion, but rather to elevate it. Comments should be relevant and contain no abusive language. Full comments policy.

Username:
Password: (Forgotten your password?)

OR Create an account (It's free)

  • Most Read
  • Discussed
  • Editors’ Picks

Calendar