Earnings ·
MGM Resorts reports Q3 net loss of $17 million on $4.2 billion revenue
MGMMGM Resorts International
MGM Resorts International reported a net loss attributable to shareholders of $17 million, or $0.07 per diluted share, for the quarter ended September 30, 2026, compared to a $285 million loss in the prior year period. Consolidated revenue decreased 1% to $4.2 billion, while Adjusted EBITDA fell 20% to $403 million. Las Vegas Strip Resorts revenue declined 2% to $2.0 billion due to lower room rates, whereas MGM China achieved record quarterly revenue of $1.1 billion with a 5% increase. The company also reported $34 million in distributions and fees from its BetMGM North America Venture. MGM Resorts International operates global integrated resorts featuring hotels, casinos, entertainment, and digital gaming platforms.