Form 8-K · Current report
MGM Resorts 8-K, filed Oct 28, 2026
- Filed
- CIK
- 0000789570
- Accession no.
- 0000789570-26-000106
Summary
MGM Resorts reported third-quarter 2026 consolidated revenue of $4.2 billion, down 1% year over year, with a net loss of $17 million and an adjusted loss per share of $0.11, as Las Vegas Strip revenue fell 2% while MGM China posted record quarterly revenue and record 17.1% market share. CEO Bill Hornbuckle and CFO Jonathan Halkyard also pointed to an amended voting agreement announced the same day that they said supports MGM's ability to pursue share repurchases, and cited MGM Osaka and the digital businesses as growth drivers.
Key points
- Consolidated Adjusted EBITDA was $403 million, down from $506 million a year earlier.
- Las Vegas Strip Resorts revenue was $2.0 billion, down 2%, with average daily rate down 8% to $218 and Segment Adjusted EBITDAR down 12% to $531 million.
- Regional Operations revenue fell 8% to $883 million but rose 1% to $883 million on a same-store basis, excluding the April 21, 2026 disposition of MGM Northfield Park.
- MGM China revenue rose 5% to $1.1 billion, and BetMGM North America Venture distributions and branding license fees to MGM Resorts totaled $34 million.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION This current report on Form 8-K is being furnished to disclose the press release issued by the Registrant on October 28, 2026. The purpose of the press release, furnished as Exhibit 99.1, was to announce the Registrant’s results of operations for the quarter ended September 30, 2026. The information in this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.