MGM Resorts International is anticipating further growth this year as a result of continued expansion into key global markets such as Asia, after reporting increased revenue in 2011.

The casino, hotel and entertainment operator saw net venue grow by 4 per cent - excluding the impact of MGM China, which the group acquired a majority interest in last June.

RevPAR for MGM Resorts International's operations on the Las Vegas Strip, US, was up by 13 per cent compared with 2010, while MGM China reported "record" annual results.

MGM Resorts International chair and chief executive officer Jim Murren said the company had achieved a number of operational, strategic and financial aims over the past 12 months.

"We enhanced our customer experience through targeted reinvestment in our properties and improved relationships through our M life customer loyalty program," he said.

"We acquired a majority interest in MGM China and began expanding our brand presence in key markets throughout the world, particularly Asia. Going forward. we expect to build off of these strategies to grow our company and maximize shareholder value."

Details: www.mgmresorts.com