MGM earnings
MGM Resorts International (MGM) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- MGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2026 FINANCIAL AND OPERATING RESULTSRecord 1Q consolidated net revenuesLas Vegas Strip Resorts' quarterly net revenues increased year-over-year for the first time since 3Q24BetMGM North America Venture reported year-over-year increases in net revenue and Adjusted EBITDAClosed on the sale of the operations of MGM Northfield Park for $546 million in April 2026LAS VEGAS, April 29, 2026 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2026. "We are pleased to report record 1Q consolidated net revenues driven primarily
- VICI Properties Inc. Announces First Quarter 2026 Results- Announced Expanded $1.5 Billion Investment with Cain and Eldridge Industries - - Announced Sale-Leaseback of Canadian Casino Portfolio with PURE - - Raises Guidance for Full Year 2026 - VICI Properties Inc. (NYSE:VICI) ("VICI Properties", "VICI" or the "Company"), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2026. All per share amounts included herein are on a per diluted common share basis unless otherwise stated. First Quarter 2026 Financial and Operating Highlights Total revenues increased 3.5% year-over-year to $1.0 billion Net income attributable to common stockholders increased 60.5% year-over-year to $872.4 milli
- Notice of BetMGM 1Q 2026 Update and Conference CallJERSEY CITY, N.J., April 7, 2026 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT), will release a business update for the period January 1 – March 31, 2026 ("1Q") on Tuesday April 14, 2026 at 7:00am ET (4:00am PT / 12:00pm UK). BetMGM management will host a webcast call including Q&A at 9:00am ET / 6:00am PT / 2:00pm UK.Registration link for BetMGM webcast and Investor Q&A:BetMGM 1Q 2026 webcast call Investor Q&A registration &
- MGM Resorts International Announces First Quarter Earnings Release DateLAS VEGAS, March 27, 2026 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2026 after the market closes on Wednesday, April 29, 2026. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible via t
- VICI Properties Inc. Announces Fourth Quarter and Full Year 2025 Results- Announced Over $2 Billion in Capital Commitments in 2025 at a Weighted Average 8.9% Initial Yield - - Establishes Guidance for Full Year 2026 - VICI Properties Inc. (NYSE:VICI) ("VICI Properties", "VICI" or the "Company"), an experiential real estate investment trust, today reported results for the quarter and year ended December 31, 2025. All per share amounts included herein are on a per diluted share basis unless otherwise stated. Fourth Quarter 2025 Financial and Operating Highlights Total revenues increased 3.8% year-over-year to $1.0 billion Net income attributable to common stockholders decreased 1.6% year-over-year to $604.8 million and, on a per share basis, decreased
- MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTSGlobal portfolio strength drives growth in 20254Q25 consolidated net revenues of $4.6 billion, net income attributable to MGM Resorts of $294 million, and Consolidated Adjusted EBITDA of $635 million, representing growth of 6%, 87%, and 20%, respectivelyBetMGM North America Venture distributed $135 million to MGM Resorts during 4Q25, returning over 20% of MGM Resorts' cash investment, with future distributions expectedRepurchased 15 million shares in 4Q25 and 37.5 million in 2025, reducing shares outstanding by ~48% since the beginning of 2021LAS VEGAS, Feb. 5, 2026 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the
- MGM Resorts International Updates Earnings Release DateLAS VEGAS, Feb. 4, 2026 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") announced today that it has adjusted the date for the release of its financial results for the fourth quarter and full year 2025 and conference call to an earlier date. Originally scheduled for Wednesday, February 11, 2026, the results will be released after the market closes on Thursday, February 5, 2026 with the conference call to follow at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question-and-answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http:/
- Notice of BetMGM FY 2025 Business UpdateJERSEY CITY, N.J., Jan. 22, 2026 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release a business update on BetMGM's FY 2025 performance on Wednesday, February 4, 2026. BetMGM management will host a webcast call including Q&A at 9:00am EST / 6:00am PT / 2:00pm UK. Registration links for BetMGM Business Update:BetMGM FY2025 Webcast registrationBetMGM FY2025 Conference Call registration Further details also a
- MGM Resorts International Announces Fourth Quarter and Full Year 2025 Earnings Release DateLAS VEGAS, Jan. 9, 2026 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2025 after the market closes on Wednesday, February 11, 2025. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call wil
- VICI Properties Inc. Announces Third Quarter 2025 Results- Announced 14th Tenant - - Updates Guidance for Full Year 2025 - - Announced 8th Consecutive Annual Dividend Increase - VICI Properties Inc. (NYSE:VICI) ("VICI Properties", "VICI" or the "Company"), an experiential real estate investment trust, today reported results for the quarter ended September 30, 2025. All per share amounts included herein are on a per diluted common share basis unless otherwise stated. Third Quarter 2025 Financial and Operating Highlights Total revenues increased 4.4% year-over-year to $1.0 billion Net income attributable to common stockholders increased 4.0% year-over-year to $762.0 million and, on a per share basis, increased 2.0% year-over-yea
- MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2025 FINANCIAL AND OPERATING RESULTSConsolidated net revenues increased 2% year over year MGM China achieved both record 3Q Segment Adjusted EBITDAR and market share of 15.5%BetMGM North American venture reported strong revenue and EBITDA growth in 3Q25, raising its guidance for FY2025 and announcing cash distribution to MGM Resorts by year-end 2025Announced sale of the operations of MGM Northfield Park for $546 millionMGM Resorts entered into $300 million USD-equivalent yen denominated credit facility at a current interest rate of approximately 2.5% to support the funding of MGM OsakaLAS VEGAS, Oct. 29, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results
- BETMGM Q3 2025 BUSINESS UPDATE AND RAISED FY25 GUIDANCEQ3 ahead of expectations with strong performance momentum continuing during H2 2025 JERSEY CITY, N.J., Oct. 14, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by Entain plc (LSE: ENT) ("Entain") and MGM Resorts International (NYSE:MGM) ("MGM Resorts"), is today providing an update on its Q3 2025 performance. Q3 performance ahead of expectations, with strong year-to-date momentum continuing across both Online Sports and iGamingNet Revenue of $667 million, up +23% YoYiGaming Net Revenue up +21% YoY a
- Notice of BetMGM 3Q 2025 Update and Conference CallJERSEY CITY, N.J., Oct. 7, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release a business update for the period July 1 - September 30, 2025 ("3Q") on Tuesday, October 14, 2025. BetMGM management will host a conference call including Q&A at 9:00am ET / 6:00am PT / 2:00pm UK. Details to join the audio webcast are available on our website:BetMGM Investor CommunicationsMGM Resorts Investor Relations: Ev
- MGM Resorts International Announces Third Quarter Earnings Release DateLAS VEGAS, Sept. 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the third quarter 2025 after the market closes on Wednesday, October 29, 2025. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible v
- MGM RESORTS INTERNATIONAL REPORTS RECORD SECOND QUARTER 2025 FINANCIAL AND OPERATING RESULTSRecord highest ever consolidated net revenues with record 2Q25 Regional Operations net revenuesMGM China achieved all-time record Segment Adjusted EBITDAR and market share of 16.6%BetMGM venture reported strong revenue and EBITDA growth in 2Q25, upgrading its guidance for FY 2025Repurchased 8 million shares in 2Q25, reducing shares outstanding by 45% since the beginning of 2021LAS VEGAS, July 30, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2025. "MGM Resorts' operatio
- BETMGM 2Q/1H 2025 UPDATE & FY2025 GUIDANCE INCREASEStronger than expected 2Q and 1H 2025 from successful strategic execution supports increased FY25 outlook LAS VEGAS, July 29, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its Second Quarter 2025 ("2Q 2025") and First Half 2025 ("1H 2025") performance. Strong 2Q and 1H performance as BetMGM's ongoing strategic execution drives strong and profitable growth2Q Net Re
- Notice of BetMGM 2Q 2025 Business Update and Conference CallLAS VEGAS, July 22, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release a business update for the period April 1 – June 30, 2025 ("2Q") on Tuesday, July 29, 2025. BetMGM management will host a conference call including Q&A at 9:00am ET / 6:00am PT (2:00pm UK). Details to join the audio webcast will be available on our website: http://investors.mgmresorts.com/investors/events-and-presentations/ Upcoming Dates: July 30: MG
- MGM Resorts International Announces Second Quarter Earnings Release DateLAS VEGAS, June 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2025 after the market closes on Wednesday, July 30, 2025. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible v
- MGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2025 FINANCIAL AND OPERATING RESULTSRecord 1Q Las Vegas Strip occupancy and slot win, with slot win up 7% year over yearBetMGM venture reported significant revenue growth and a substantial year over year turn to positive EBITDA in 1Q 2025Repurchased 15 million shares in 1Q 2025, reducing shares outstanding by 43% since the beginning of 2021Board of Directors authorized a new $2 billion share repurchase programMGM Rewards program crossed 50 million members, a notable milestone reflecting the staying power of MGM Resort's iconic brandsLAS VEGAS, April 30, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2025.
- BETMGM 1Q 2025 BUSINESS UPDATEStrong start to 2025 affirms strategic approach and confidence of positive EBITDA in 2025 LAS VEGAS, April 28, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its 1Q 2025 performance. BetMGM's strong momentum from 2H 2024 continued during 1Q 2025, driven by its leading iGaming offering and strengthened sports product, and refined approach to player management1Q Net
- MGM Resorts International and Entain Notice of BetMGM 1Q 2025 Business Update and Conference CallLAS VEGAS, April 17, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release a business update for the period January 1 – March 31 2025 ("1Q") on Monday April 28 2025 at 7:00am ET / 4:00am PT (12:00pm UK). BetMGM management will host a conference call including Q&A at 9:00am ET / 6:00am PT (2:00pm UK). Details to join the audio webcast will be available on our website: http://investors.mgmresorts.co
- MGM Resorts International Announces First Quarter Earnings Release DateLAS VEGAS, March 27, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2025 after the market closes on Wednesday, April 30, 2025. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible
- MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND RECORD FULL YEAR 2024 RESULTSMGM Resorts reports record full year consolidated net revenues, up 7% to $17.2 billionMGM China has record full year Segment Adjusted EBITDAR of $1.1 billion, an increase of 25% from prior yearRepurchased over 33 million shares in 2024, reducing shares outstanding by more than 40% since 2021BetMGM accelerated its revenue growth through 2024 and expects to be profitable in 2025LAS VEGAS, Feb. 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2024. "MGM Resor
- BETMGM FY 2024 UPDATE2024 strategic refinement and delivery underpins confidence of positive EBITDA in 2025 LAS VEGAS, Feb. 4, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its Fiscal Year 2024 ("FY 2024") performance. BetMGM's leading iGaming offering, strengthened sports product and enhanced player engagement delivered accelerating growth and performance metrics through 2024Inflecti
- MGM Resorts International Announces Fourth Quarter and Full Year 2024 Earnings Release DateLAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2024 after the market closes on Wednesday, February 12, 2025. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call wil
- MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTSRecord 3Q consolidated net revenuesRecord results at MGM China with record 3Q net revenue and record 3Q Adjusted Property EBITDARMGM China declared a special dividend in August 2024, resulting in approximately $200 million in cash to MGM Resorts in total this yearRepurchased over $300 million of shares in 3Q and approximately $1.3 billion year-to-date, reducing overall shares outstanding by 40% since 2021Accelerating growth at BetMGM with record 3Q net revenues increasing nearly 20% year-over-year, more than doubling the revenue growth achieved in 2QAdvanced international digital strategy by announcing a venture with Grupo Globo to pursue a sports betting and iGaming license in Brazil, aimin
- MGM Resorts International Announces Third Quarter 2024 Earnings Release DateLAS VEGAS, Oct. 2, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, October 30, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible
- MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2024 FINANCIAL AND OPERATING RESULTSRecord 2Q consolidated net revenues of $4.3 billionRecord 2Q MGM China Adjusted Property EBITDAR of $294 million; increase of 40% year-over-year as market share remained in the mid-teens2Q net income attributable to MGM Resorts of $187 million and 2Q consolidated Adjusted EBITDAR of $1.2 billionInternational digital strategy progressed with announced acquisition of Tipico's U.S. platform bringing sports betting product in house and strategic relationship with Playtech to become only U.S. operator to offer live casino content from the Las Vegas StripLAS VEGAS, July 31, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results f
- MGM Resorts International Announces Second Quarter 2024 Earnings Release DateLAS VEGAS, June 26, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, July 31, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible v
- MGM RESORTS INTERNATIONAL REPORTS RECORD FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTSMGM China achieved record quarterly results with Adjusted Property EBITDAR up 78% year over year and resumed its dividendLas Vegas strength continued in the first quarter with record 1Q net revenuesMarriott strategic licensing agreement successfully launched across 16 brandsMGM Resorts repurchased 12 million shares during the quarter resulting in total share count reduction of 36% since 2021Our Japan IR venture completed its credit facility, Japan's largest project financing in historyLAS VEGAS, May 1, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2024. "Our strategic growth plan to
- MGM Resorts International Announces First Quarter 2024 Earnings Release DateLAS VEGAS, March 28, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2024 after the market closes on Wednesday, May 1, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible via
- MGM RESORTS INTERNATIONAL REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2023 RESULTSLas Vegas Strip Resorts achieved record full year and fourth quarter net revenue and Adjusted Property EBITDARMGM China achieved record full year and fourth quarter Adjusted Property EBITDAR$2.3 billion in share repurchases in 2023 and $629 million during the quarterMGM Resorts senior secured credit facility expanded to $2.3 billion, providing increased liquidityLAS VEGAS, Feb. 13, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2023. "Our Las Vegas Strip Res
- MGM Resorts International Announces Fourth Quarter and Full Year 2023 Earnings Release DateLAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2023 after the market closes on Tuesday, February 13, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will
- MGM Resorts International Announces Third Quarter 2023 Earnings Release DateLAS VEGAS, Oct. 12, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the third quarter 2023 after the market closes on Wednesday, November 8, 2023. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible
- MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2023 FINANCIAL AND OPERATING RESULTSMGM Resorts International achieved all-time record for consolidated net revenueMGM China outperformed Macau market recovery with Adjusted Property EBITDAR and net revenues surpassing 2Q19Las Vegas Strip Resorts achieved solid results with ADR and occupancy growth year-over-year, bookings pace remains up for remainder of 2023Repurchased approximately 15 million shares for $626 million during the quarterAnnounced long-term license agreement with Marriott International to drive higher profitability from access to Marriott's extensive global databaseLAS VEGAS, Aug. 2, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for t
- MGM Resorts International Announces Second Quarter 2023 Earnings Release DateLAS VEGAS, June 27, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2023 after the market closes on Wednesday, August 2, 2023. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible
- MGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2023 FINANCIAL AND OPERATING RESULTSRecord 1Q Adjusted Property EBITDAR for Las Vegas Strip Resorts up 41% YOY; seventh consecutive quarterly recordMGM China Adjusted Property EBITDAR of $169 million, 88% recovery vs 1Q19; net revenues up 130% YOY amid strong reopening trendsClosed on the sale of the operations of Gold Strike TunicaReceived Official Certification of Area Development Plan for Osaka, JapanRepurchased approximately 12 million shares for $487 million during the quarterLeoVegas entered into agreement to acquire majority of digital game developer Push GamingLAS VEGAS, May 1, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter end
- MGM Resorts International Announces First Quarter 2023 Earnings Release DateLAS VEGAS, April 4, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2023 after the market closes on Monday, May 1, 2023. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible via the
- MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL AND OPERATING RESULTSRecord Adjusted Property EBITDAR in 4Q and full year 2022 for Las Vegas Strip Resorts and Regional OperationsShare buybacks of $2.8 billion in 2022 and $352 million in 4Q22New $2 billion share repurchase program authorized by the Board of DirectorsClosed on the sale of the operations of The Mirage for $1.1 billion in cashAwarded new 10-year gaming concession in MacauLAS VEGAS, Feb. 8, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2022. "We achieved our fift
- BETMGM BUSINESS UPDATE: FY22 NET REVENUE FROM OPERATIONS OF $1.44 BILLION, AHEAD OF EXPECTATIONS¹BetMGM expected to be EBITDA positive in the Second Half of 2023 JERSEY CITY, N.J., Jan. 26, 2023 /PRNewswire/ -- BetMGM, one of the leading sports betting and iGaming operators in North America, jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on performance and outlook for 2023. BetMGM finished FY 2022 with a strong financial performanceNet revenue from operations of $1.44 billion, ahead of prior guidance of over $1.3 billionSame-state growth in net revenue from digital operations of 51%E
- MGM RESORTS AND ENTAIN ANNOUNCE BETMGM BUSINESS UPDATELAS VEGAS, Jan. 17, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE:MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release an update on Thursday, January 26, 2023 at approximately 8:30 a.m. Eastern Time (1:30 pm UK). BetMGM will also host a conference call that day at 10:00 a.m. Eastern Time, which will include an overview of its results, followed by a brief Q&A session. The live webcast will be accessible at https://edge.media-server.com/mmc/
- MGM Resorts International Announces Fourth Quarter and Full Year 2022 Earnings Release DateLAS VEGAS, Jan. 5, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2022 after the market closes on Wednesday, February 8, 2023. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be
- MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2022 FINANCIAL AND OPERATING RESULTSRecord Las Vegas Strip Resorts revenue and Adjusted Property EBITDAR Closed on the acquisition of LeoVegas, a global online gaming and sports betting companySubmitted tender for a new 10-year gaming concession in MacauRepurchased $4.2 billion of shares of common stock from January 2021 through the end of the third quarter 2022Continue to pursue commercial gaming license in New York and development of an Integrated Resort in Osaka, JapanLAS VEGAS, Nov. 2, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2022. "We're proud to report the best quarter in our Las Vegas Strip history, bot
- MGM Resorts International Announces Third Quarter 2022 Earnings Release DateLAS VEGAS, Oct. 3, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the third quarter 2022 after the market closes on Wednesday, November 2, 2022. MGM Resorts will host a conference call that day at 5 p.m. EDT, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/ or by calling 1-888-317-6003 for dome
- MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2022 FINANCIAL AND OPERATING RESULTSRecord Las Vegas Strip Adjusted Property EBITDAR and record second quarter Regional Operations Adjusted Property EBITDARAcquired the operations of The Cosmopolitan of Las Vegas; announced the sale of the operations of Gold Strike Tunica for $450 millionRepurchased $1.1 billion of shares of common stock during the second quarter, or 8% of outstanding sharesContinue to pursue a commercial gaming license in New York and development of an Integrated Resort in Osaka, JapanLAS VEGAS, Aug. 3, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2022. "Our second quarter results were outstanding, re
- MGM Resorts International Announces Second Quarter 2022 Earnings Release DateLAS VEGAS, July 6, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2022 after the market closes on Wednesday, August 3, 2022. MGM Resorts will host a conference call that day at 5 p.m. EDT, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/ or by calling 1-888-317-6003 for dome
- BETMGM BUSINESS UPDATEEstablished market leader; revenue and profitability outlook reiterated LAS VEGAS, May 12, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and digital gaming operator, is holding a virtual business update today for analysts and investors. The event will provide insights into the rapidly growing North American sports betting and iGaming marketplace, the ongoing operations of BetMGM, and how the deep integration of BetMGM's world-class assets are driving competitive advantages. As part of the presentation, BetMGM will confirm that is has: Established itself as a market lea
- DETAILS FOR BETMGM BUSINESS UPDATELAS VEGAS, May 5, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator across North America, will hold a virtual business update for analysts and investors on Thursday, May 12 at 11 a.m. EDT. Hosted by BetMGM's management team – Adam Greenblatt, Chief Executive Officer, Gary Deutsch, Chief Financial Officer, Matt Prevost, Chief Revenue Officer and Jarrod Schwarz, Chief Product Officer – the event will provide insights into the rapidly growing North American sports betting and iGaming operations of BetMGM. Presentations will be followed by a live question
- MGM Resorts International Reports First Quarter 2022 Financial And Operating ResultsLas Vegas Strip Resorts and Regional Operations Adjusted Property EBITDAR increased 47% and 48%, respectively, compared to the first quarter of 2019 and maintained margin growth over 2019 in both the Las Vegas and Regional marketsAnnounced offer to acquire global online gaming company LeoVegas for a total tender value of approximately $607 millionRepurchased $2.8 billion of shares of common stock since January 2021Closed transaction with MGP to VICI and continue to pursue a commercial gaming license in New York and development of an Integrated Resort in Osaka, JapanLAS VEGAS, May 2, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported fina
- MGM Resorts International Announces First Quarter 2022 Earnings Release DateLAS VEGAS, April 5, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2022 after the market closes on Monday, May 2, 2022. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com. The call will be accessible via the