Net revenue fell to us$ 1.88 billion from us$ 1.93 billion in the same period a year ago, vs. analyst forecasts of us$ 1.9 billion, as declines in casino, rooms food and beverage and retail revenue offset increases in entertainment and other revenue.
Revenue per available room fell to us$ 155 from last year’s us$ 162, and the average daily rate declined to us$ 165 from us$ 169. The Las Vegas-based casino operator’s stock closed Monday at us$ 48.62.