Wednesday, February 21, 2018

Las Vegas,NV-Based Casino Co MGM Resorts Intl Generated 4Q 2017 Net Income of $1.436 Bil, Up By $1.366 Bil or Up a Spectacularly Off-the-Charts 19 TIMES Its 4Q 2016 Net Income of $70 Mil ....................................................................................... So What's Going Here With MGM's Earnings? It's All About the US Trump Tax Cuts Act ....................................................................................... MGM Resorts Received a US Federal Income Tax Benefit of $1.4 Bil in the 4Q 2017 From the Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the US Trump Tax Cuts Act ....................................................................................... This $1.4 Bil Income Tax Benefit Comprised 97% of MGM Resort's 4Q 2017 Total Net Income of $1.436 Bil