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MGM Resorts plans US$1 billion annual contributions to Osaka resort in 2027 and 2028

Deals & M&A

MGM Resorts plans to contribute about US$1 billion to MGM Osaka in each of 2027 and 2028, reportedly completing its funding commitments before the resort’s scheduled 2030 opening. CFO Jonathan Halkyard outlined the plan at the company’s third-quarter 2026 earnings conference; MGM expects to fund its share from cash and free cash flow.

MGM’s planned contributions clarify how it expects to fund its Osaka resort before its scheduled opening.

End-of-day close MGM Resorts (MGM), USD, to 30 October 2026
Story date15 September 202630 October 2026

Latest reported results

MGM Resorts NYSE: MGM

Quarter ended 30 September 2026

Revenue
USD 4.21bn10-Q filing 0000789570-26-000107
Operating income
USD 118.7m10-Q filing 0000789570-26-000107

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