MGM Resorts reports $4.2bn revenue for third quarter 2026

MGM Resorts International reported revenue of $4.2bn for the third quarter of 2026, a decrease of 1% year over year, the company said. The company recorded a net loss attributable to MGM Resorts of $17m, compared with a net loss of $285m in the same quarter of 2025. Adjusted EBITDA was $403m, down from $506m in the prior-year quarter.

Las Vegas Strip resorts generated revenue of $2.0bn for the quarter, a decrease of 2% year over year, according to the company. Segment Adjusted EBITDAR for the segment was $531m, compared with $601m in the third quarter of 2025, a decrease of 12%. Regional operations reported revenue of $883m, down from $957m a year earlier, with Segment Adjusted EBITDAR of $243m against $296m, a decrease of 18%.

MGM China reported revenue of $1.1bn for the quarter, an increase of 5% year over year. Segment Adjusted EBITDAR at MGM China was $264m, compared with $284m in the prior-year quarter, a decrease of 7%.

MGM Resorts International President and CEO Bill Hornbuckle said lower room rates in the third quarter affected results, while October had rebounded favourably. He said MGM China recorded 5% revenue growth and market-share performance, and that the company's digital businesses, including the BetMGM North America Venture and MGM Digital, reported topline growth in the quarter.