The entertainment and hospitality giant attributed the growth to an increase in revenue at its MGM China property despite a roughly $100 million loss due to a cyberattack in September 2023 that impacted a slew of systems. MGM Resorts - the co-owner of BetMGM - generated $4 billion in revenue in Q3 2023, a 16% increase compared to the same period last year.
The part-owner of one of America’s largest sports betting operators reported favorable third-quarter results.
