MGM Resorts Reports $4.2B in Revenue as Las Vegas Rates Pressure Earnings

MGM Resorts International reported third-quarter 2026 revenue of $4.2 billion, down 1% year-over-year. Growth in Macau and the company’s digital operations was offset by declines in Las Vegas hotel room rates and regional results. MGM Resorts Sees Las Vegas Room Rates Drop 8% in Q3 The casino operator reported a net loss of $17 million for the quarter ended September 30. This was an improvement over a loss of $285 million in the same period last year. However, adjusted EBITDA dropped 20% to $403 million from $506 million.

Also reported by Las Vegas Review-Journal.

Source: GamblingNews