MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2026 FINANCIAL AND OPERATING RESULTS
Key Highlights
- ➤Consolidated revenue $4.2 billion, down 1% year over year
- ➤Consolidated Adjusted EBITDA $403 million, down from $506 million
- ➤Las Vegas Strip revenue $2.0 billion, down 2%; EBITDAR fell 12%
- ➤MGM China revenue $1.1 billion, up 5%; record 17.1% market share
- ➤MGM Digital revenue $184 million, up 6%; EBITDAR loss narrowed to $4 million
Expert Statements
Bill Hornbuckle, President & CEO of MGM Resorts International
“MGM Resorts remains highly focused on the successful operations of our businesses. Our trailing twelve months Las Vegas Strip Resorts Segment Adjusted EBITDAR has grown by nearly 70% since calendar year 2019 and, while lower room rates during the third quarter impacted our results, October has rebounded favorably. Our diverse portfolio remains an advantage, with MGM China achieving 5% revenue growth and strong market share performance, while our digital businesses - including our BetMGM North America Venture and MGM Digital - reported strong topline growth during the third quarter”
Bill Hornbuckle, President & CEO of MGM Resorts International
“MGM Resorts remains dedicated to our mission to be the world's largest gaming and entertainment company with global integrated resorts, a leading digital presence, and, notably, an enviable growth pipeline with MGM Osaka to drive future value.”
Jonathan Halkyard, Chief Financial Officer of MGM Resorts International
“The amended voting agreement announced earlier today establishes a highly supportive framework that enables MGM Resorts to confidently pursue value-creating share repurchases as part of our ongoing commitment to enhancing shareholder value and driving longer-term growth.”
Jonathan Halkyard, Chief Financial Officer of MGM Resorts International
“The combination of our attractive stock valuation, the repurchase of nearly half of our outstanding share count over the past five years, and pivotal growth drivers - including our digital portfolio and MGM Osaka - positions the company as a premier long-term opportunity.”
MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2026 FINANCIAL AND OPERATING RESULTS PR Newswire
* Regional Operations increased revenue 1% on a same-store basis * MGM China achieved record quarterly revenue as well as record quarterly market share of 17.1% * BetMGM North America Venture distributions and branding license fees to MGM Resorts totaled $34 million in 3Q2026 LAS VEGAS, Oct. 28, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2026.
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