Earnings ·
MGM Resorts International reported financial results for the quarter ended June 30, 2026
MGMMGM Resorts International
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.