MGM Resorts reported a disappointing quarterly performance, missing estimates due to sluggish business in Las Vegas. In a separate report, Simon Property Group also fell short of expectations, with its funds from operations not meeting forecasts. While Simon Property Group's revenue for the third quarter reached $1.48 billion, reflecting a year-over-year increase of 4.96%, it missed projections by $21 million. The company's earnings per share (EPS) of $2.84 represented an 11.25% decline year-over-year, missing estimates by $0.16. Despite these challenges, Simon Property Group is focusing on retail, citing steady leasing and occupancy rates in the third quarter.