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Recent Updates — MGM

July 29, 2026View Source ↗

MGM Resorts International reported financial results for the quarter ended June 30, 2026. Consolidated revenue reached $4.5 billion, a 1% increase year-over-year, while net income attributable to MGM Resorts rose to $292 million from $49 million in the prior year period. Diluted earnings per share were $1.11 compared to $0.18 previously. Las Vegas Strip Resorts revenue grew 3% to $2.2 billion with Segment Adjusted EBITDAR increasing 3% to $735 million. Regional Operations reported a 4% revenue decline to $924 million, though same-store revenue increased 3%. MGM China revenue remained flat at $1.1 billion, but Segment Adjusted EBITDAR decreased 15% to $257 million due to higher intercompany branding license fees. MGM Digital revenue grew 20% to $196 million. The company repurchased approximately 4 million shares for $164 million during the quarter. MGM Resorts International operates as a global gaming and entertainment company with hotel, casino, and digital betting destinations.