pacomartin
pacomartin
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April 5th, 2011 at 4:39:16 PM permalink
Operating income for the year 2010 shows the Bellagio balanced out by all of the other older properties. City Center running at massive loss.

Bellagio $51,484
MGM Grand Las Vegas $12,225
Mandalay Bay $6,101
The Mirage $6,654
Luxor $6,585
New York-New York $10,108
Excalibur $8,431
Monte Carlo $3,092
Circus Circus Las Vegas $(2,837)
$50,359
CityCenter (50%) $(38,416)


Net loss for the year 2010 is $1.437 billion
Net loss for the year 2009 is $1.292 billion
wanglung88
wanglung88
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April 5th, 2011 at 6:06:41 PM permalink
weird... I thought they were doing extremely well. I stumbled upon this website, and it seemed that MGM was doing so well... Perhaps not... It's a pretty cool website. There's a list to vote and such, and they count up all the aggregate votes, and then the website puts it order of which ones were the most popular casinos.

pacomartin
pacomartin
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Joined: Jan 14, 2010
April 5th, 2011 at 7:18:19 PM permalink
Quote: wanglung88

There's a list to vote and such, and they count up all the aggregate votes, and then the website puts it order of which ones were the most popular casinos.



Popularity is not the only thing that matters. Hard Rock is #7 on your list, and they are bankrupt. Mandalay Bay is #1 and they took a terrible nose dive in profitability. It is popular to get the rooms cheap.
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