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10-Q - MGM Resorts International (0000789570) (Filer)

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Two Michelin-starred London restaurant launches first U.S. location, blending fine Indian cuisine within a vibrant setting LAS VEGAS, Aug. 6, 2025 /PRNewswire/ -- In a bold move set to redefine the Las Vegas dining scene and welcome a new chapter of culinary excellence, ARIA Resort & Casino will debut the acclaimed Two Michelin-starred restaurant Gymkhana, this fall. Inspired by the private clubs of India – where high society gathers to dine, drink, socialize and play sport – Gymkhana will introduce a new level of sophistication to ARIA's food and beverage portfolio, further cementing the resort's reputation as a premier culinary destination in the heart of the Las Vegas Strip.

Record High Quarterly Adjusted EBITDA  Market Share Reached 16.6% HONG KONG, July 30, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for second quarter (the "Period"). The Group is pleased to see the Period Macau has posted growth from last year. Daily visitation reached 102,812, representing a year-on-year growth of 19%, having recovered to 94% of same period in 2019. Gross gaming revenue (GGR) in Macau also saw growth. Headline daily GGR in the Period rose 8% year-on-year to MOP671.6 million per day, accelerated from MOP640.6 millio

Record 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

Culinary powerhouses Tom Colicchio, Antonia Lofaso and Brooke Williamson join superstar chef roster including José Andres, David Chang, Mario Carbone, Jean-Georges Vongerichten, Masaharu Morimoto, Wolfgang Puck and more Click here to download high-res photo and video LAS VEGAS, July 29, 2025 /PRNewswire/ -- The starting grid for the epicenter of F1®'s most luxurious dining destination is set as Bellagio Fountain Club unveils its first round of culinary headliners for the 2025 Las Vegas Grand Prix. New for this year's race, TV superstars and award-winning chefs Tom Colicchio, Antonia Lofaso and Brooke Williamson will join returning favorites José Andres, David Chang, Mario Carbone, Jean-Geor

Stronger 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

Utilizing Everi's BeOn™ Venue Platform, New Arena App Includes Traditional Features and Integrated Ticketing Capabilities LAS VEGAS, July 22, 2025 /PRNewswire/ -- T-Mobile Arena, the 20,000-seat venue located on the Las Vegas Strip between New York-New York and Park MGM, in an agreement with Everi, an IGT brand and premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions and bingo, today announced the launch of a new, dedicated venue app for its eventgoers. The newly designed T-Mobile Arena App is now availab

LAS 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

Tournament to air on FOX and FS1 from April 1–5 in Las Vegas Following a hugely successful inaugural tournament, FOX Sports and AEG today announced the official dates for the 2026 College Basketball Crown. The elite post-season college hoops tournament delivered compelling matchups, impressive viewership and a captivating championship run by Nebraska – becoming a must-see competition showcasing elite programs that narrowly miss NCAA Tournament selection. In 2026, the College Basketball Crown will take place April 1–5 at both the MGM Grand Garden Arena as well as T-Mobile Arena in Las Vegas, and air on FOX and FS1. Year two features a newly streamlined eight-team field and continued supp

Hall of Famer to appear in ads that highlight the importance of gambling responsibly Click here to download and view campaign photos (credit: BetMGM)  TORONTO, July 14, 2025 /CNW/ -- BetMGM Canada, a leading sports betting and iGaming operator, today announced a multiyear partnership with five-time World Series champion Derek Jeter. The baseball legend will appear in commercials that highlight BetMGM's industry-leading suite of responsible gambling tools. "BetMGM's commitment to excellence and overall approach help them stand out as an innovator in their space," Jeter said. "T

Hall of Famer to appear in marketing campaigns, star in exclusive slot game and champion responsible gambling initiatives Click here to download and view campaign photos (credit: BetMGM) JERSEY CITY, N.J., July 14, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced a multiyear partnership with baseball legend and five-time World Series champion Derek Jeter. As BetMGM's newest brand ambassador, Jeter will appear in upcoming national marketing campaigns including the "Legendary Plays" spot, scheduled to premiere Tuesday, July 15. BetMGM Casino also plans to launch an exclusive Jeter-themed slot game. Currently, there are no other online casino games fea

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Record 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

Stronger 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

LAS 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

LAS 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

Sequential Growth in Adjusted EBITDA and Market Share HONG KONG, May 1, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2025 (the "Period"). The Group is pleased to see Macau's average daily visitor arrival in the first quarter up 12% quarter-to-quarter to 109,585, recovered to 95% of same period in 2019. Gross gaming revenue (GGR) in Macau also saw sequential growth. Headline daily GGR rose 3% quarter-to-quarter to MOP641 million per day in the first quarter, represented 76% of same period 2019. Ma

Record 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.

Strong 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

LAS 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

LAS 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 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

New Marriott Bonvoy Tier Matching, Enriched Royal Caribbean and Celebrity Vacation Perks, Tier Celebrations and Rollover Tier Credits Highlight Exciting Program Enhancements Click here to download high-res photography LAS VEGAS, March 25, 2025 /PRNewswire/ -- MGM Rewards, MGM Resorts' loyalty program, is rolling out new industry-leading benefits for millions of members including the debut of Milestone Rewards to unlock more perks in between tiers, expanded tier match benefits with Marriott Bonvoy, enhanced benefits through Royal Caribbean, the launch of an eGift card, and coming soon, an iconic credit card.

More than 100 wounded warriors and their guests to visit Las Vegas over Veterans Day weekend LAS VEGAS, Nov. 4, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 active-duty service members who have been injured in the line of duty beginning Friday, November 8. Now in its 14th year, the five-day celebration will take place at Mandalay Bay Resort & Casino. In partnership with USO, American Airlines will fly these honored guests and t

Hospitality industry leader will more than double solar electricity access  LAS VEGAS, Sept. 12, 2024 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") is making a bold leap toward its ambitious sustainability goals, signing a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity—an extraordinary stride toward a greener future. The agreement will help propel the Company closer to its goal of procuring 100% renewable electricity in North America by 2030. Already a global leader in sustainability with the world's largest direct connect solar array in the hospitality industry, MGM Resorts currently use

Episodes to feature iconic game show's first-ever nightly progressive jackpot tied to Bonus Round prizing Click here to download creative assets JERSEY CITY, N.J., May 17, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, will celebrate Wheel of Fortune's 8,000th episode during the legendary game show's "Big Money Week" scheduled to air May 20-24. For the first time in the history of the wildly successful syndicated game show, there will be a Nightly Progressive Jackpot sponsored by BetMGM that will be added to whatever a contestant wins if they solve the show's Bonus Puzzle.

Equity Residential (NYSE:EQR) today announced the appointment of Ann C. Hoff and Nina P. Jones to the Company's Board of Trustees to serve until the next annual meeting of shareholders. Both Ms. Hoff and Ms. Jones qualify as independent trustees under the New York Stock Exchange's listing standards. Ms. Hoff will serve on the Audit Committee and Ms. Jones will serve on both the Audit and Corporate Governance Committees. With these appointments, the Company's Board will increase to 11 members. Ms. Hoff, 57, is the President and Chief Operating Officer of Bellagio and Park MGM at MGM Resorts International (NYSE:MGM), a global gaming and entertainment company. In this role, which she has hel

LAS VEGAS, July 27, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) announced today the appointment of Daniel Yang as Chief Customer & Innovation Officer. In this newly constituted role, Yang will lead and advance the company's global consumer success strategy, with a focus on maximizing growth and profitability at the intersection of digital technology and the guest experience. "Dan is a progressive, strategic thinker with a wealth of industry experience leveraging technology and digital strategies to enhance the guest experience in a truly meaningful and differentiating way," said Bill Hornbuckle, CEO & President of MGM Resorts International. "Dan's leadership will be instrumenta

Fritz will oversee company's growth in global digital gaming LAS VEGAS, Oct. 10, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) announced today the appointment of Gary Fritz to President of MGM Resorts Interactive. Fritz will oversee and advance MGM Resorts' diversification strategy by expanding the Company's digital platforms organically and through acquisitions. This includes driving growth and innovation through the company's industry-leading sports betting and iGaming platform, BetMGM. "Enhancing and growing our digital businesses is one of MGM Resorts' top priorities, and Gary is uniquely positioned to help the Company build on successes and seize new opportunities," said Bil

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank (the "Bank," and together with Pacific Premier, the "Company"), announced today the appointment of Rose McKinney-James as a director of both Pacific Premier and the Bank, effective as of March 28, 2022. In addition, Pacific Premier announced today the issuance of the Company's inaugural Corporate Social Responsibility Report. Director Appointment "We are excited to add Rose to our Board of Directors," said Steve Gardner, Chairman, Chief Executive Officer, and President of Pacific Premier. "She brings more than two decades of experience as a public company director and has significa

LAS VEGAS, April 28, 2021 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2021. "We are pleased with the meaningful progress we've made on multiple fronts this quarter," said Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International. "Consumer demand strengthened at our domestic properties, and the significant changes we've made to our operating model have positioned us to capitalize on the recovery. Our regional properties achieved record first quar

LAS VEGAS, Jan. 6, 2021 /PRNewswire/ -- The MGM Resorts International ("MGM Resorts") (NYSE: MGM) Board of Directors acknowledges Snow Lake Capital's letter related to MGM China Holdings Limited ("MGM China"), a separate, publicly traded company. MGM Resorts remains committed to Macau and will continue to take actions that are in the best interests of its shareholders and stakeholders. We appreciate continued constructive engagement with MGM China shareholders. ABOUT MGM RESORTS INTERNATIONAL MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and

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