MGM Resorts International reported lower fourth-quarter earnings at most of its resorts in Las Vegas, the company's most important market, sending its shares down 3.2 percent.
MGM, reported to be planning a public listing of shares in its Macau joint venture at the end of February, posted a narrower net loss for the quarter as it cut expenses.
The casino operator opened its flagship CityCenter project on the Las Vegas Strip at the end of 2009 and has struggled amid the recession and downturn in consumer spending.
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