MGM Resorts CEO: Las Vegas occupancy rates on the rise

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MGM Resorts International CEO Bill Hornbuckle said during a call with investors this week that he thinks the Las Vegas properties will be operating at pre-pandemic levels by the first half of next year. Occupancy rates have slowly been on the rise and hit 73% earlier this month after only averaging 46% in the first quarter and climbing from 62% in March.

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