MGM Resorts International reported record consolidated revenue of $4.5 billion for Q2 2026, driven by a 3% increase in Las Vegas Strip Resorts revenue and a 20% surge in MGM Digital revenue. Net income rose sharply to $292 million from $49 million a year earlier, reflecting strong operational performance despite some declines in Regional Operations and MGM China segments. The company is advancing its MGM Osaka integrated resort project, targeting a 2030 opening, and continues to invest in digital growth and luxury offerings in Las Vegas. MGM also repurchased $164 million in shares during the quarter, signaling confidence in future prospects.
Vail Resorts has appointed Bill Hornbuckle, CEO and President of MGM Resorts International, to its board of directors. Hornbuckle brings over 35 years of hospitality and resort management experience, which aligns with Vail Resorts' goal to enhance it...
Law firm Bleichmar Fonti & Auld is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International due to potential conflicts of interest. Diller, a board member and largest shareholder through People, Inc., may have breached...
BetMGM reported a 3% year-over-year increase in Q2 2026 net revenue to $711 million, driven by an 8% rise in iGaming revenue to $483 million while online sports betting revenue remained flat at $228 million. Adjusted EBITDA declined 15% to $74 millio...
