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August 31, 2015 10:16 PM ET

Company Overview of Mgm Grand Detroit, Inc.

Company Overview

3950 Las Vegas Blvd. South

Las Vegas, NV 89119

United States

Phone:

(702) 693-7120

Key Executives for Mgm Grand Detroit, Inc.

Chairman of MGM Resorts International and Chief Executive Officer of MGM Resorts International
Age: 53
Compensation as of Fiscal Year 2015.

Mgm Grand Detroit, Inc. Key Developments

MGM Grand Detroit Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

MGM Grand Detroit announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating income of $36,806,000 compared with $33,804,000 for the same period a year ago. Adjusted EBITDA was $42,739,000 compared with $39,653,000 for the same period a year ago. Net Revenue was $141,029,000 compared with $136,350,000 for the same period a year ago. Adjusted property EBITDA was $42,739,000 compared with $39,653,000 for the same period a year ago. For the six months, the company reported operating income of $64,545,000 compared with $61,458,000 for the same period a year ago. Adjusted EBITDA was $76,351,000 compared with $73,019,000 for the same period a year ago. Net Revenue was $274,344,000 compared with $269,498,000 for the same period a year ago. Adjusted property EBITDA was $76,351,000 compared with $73,019,000 for the same period a year ago.

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