Bloomberg – MGM China Holdings Ltd., the Macau casino operator, said first-quarter profit jumped by a third as mass-market gambling increased. Adjusted earnings before interest, taxes, depreciation and amortization, or Ebitda, increased to $257 million from $193 million a year earlier, according to a statement yesterday from MGM Resorts International (MGM), the company’s Las Vegas-based parent. That compares with the median estimate of $258.5 million from six analysts surveyed by Bloomberg News. The numbers exclude a branding fee of $16 million this year and $13 million last year. MGM China will continue to redeploy more gaming tables to mass-market gamblers,…

Las Vegas Review Journal – MGM Resorts International ended 2013 on an upbeat note. Chairman Jim Murren told investors Wednesday that 2014 is off to an equally good beginning. The casino company, which operates 10 resorts on the Strip, said it reduced its fourth-quarter net loss while growing revenue 9.5 percent during the three-month period that ended Dec. 31. Murren called 2013, in which MGM Resorts grew revenue 7 percent to $9.8 billion, the company’s “best operating performance since the recession.” On a conference call with analysts and investors, Murren said the company expects a 10 percent growth in revenue per available…