LAS VEGAS (AP) — MGM Resorts International reported a profit for its second quarter on Tuesday, helped by an IRS audit settlement and a strong showing among its properties on the Las Vegas Strip.
CEO Jim Murren touted several new projects aimed at keeping the casino company ahead of the pack in Las Vegas, including a $375 million arena under construction on the Strip, new restaurants and an interactive Hershey’s store that debuted in June. He also highlighted a remodel that’s converting THEhotel at the Mandalay Bay into the Delano Las Vegas, a move aimed at attracting a higher-paying customer.
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