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MGM Resorts is building a 1,500-room non-gaming hotel in Dubai. But if the emirate adds gaming under a recently-created regulatory agency, the company will add a casino to the project.
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The U.S. economy is expected to grow roughly six percent for the year, however with one quarter to go in 2021, this year has done its best to be as tumultuous and volatile as the last. It feels like we’ve been on this road for a while, with the same kinds of bumps to navigate including COVID, deepening supply chain issues, higher energy prices, a recent cutback in consumer spending, and the scarcity of materials.
MGM Resorts International shares hit a fresh record high Tuesday after analysts at Credit Suisse boosted their rating on the gaming group and its U.K.-based partner posted stronger-than-expected third quarter revenues.
Operator Good afternoon, and welcome to the MGM Resorts International second-quarter 2021 earnings conference call. Joining the call from the company today are Bill Hornbuckle, chief executive officer and president; Corey Sanders, chief operating officer; Jonathan Halkyard, chief financial officer; Hubert Wang; president and chief operating officer of MGM China; and Cathy Park, executive director of investor relations. [Operator instructions] Please note, this conference is being recorded. Now, I would like to turn the call over to Cathy Park. Please go ahead. Executive Director of Investor r...