MGM casino head admits company lost its way with summer prices and regrets 'infamous' $26 bottle of water

By Yahoo! Finance   |   1 month ago
MGM casino head admits company lost its way with summer prices and regrets 'infamous' $26 bottle of water

MGM CEO Bill Hornbuckle admitted to overpricing at their Vegas hotels, causing a decline in visitors. After price corrections, bookings are on the rise. The company aims to provide better value for customers while keeping certain fees.

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