Therefore, the growing geographical diversity swelled the company’s long-term obligations ( debt and operating leases) by 20% from $12.7 billion in 2017 to $15.2 billion in 2019. Regionally, the company also expanded its presence outside Las Vegas with prominent venues including MGM Springfield in Massachusetts and Empire City Casino in New York. In 2018, MGM Resorts augmented its presence in Macau with another venue, MGM Cotai, and doubled its gaming arena, including tables and slots. Over the last three years, MGM Resorts has expanded its Regional and International presence What’s Next For MGM Resorts After A Strong Q2?.With A Strong Vegas Business And A Possible Recovery In Macau, What’s Next For MGM Stock?.
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