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MGM Revenue Dips to $4.2B in Q3 Amid Vegas Rate Pressure
financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor

MGM Revenue Dips to $4.2B in Q3 Amid Vegas Rate Pressure

MGM Resorts reported a 1% decline in Q3 2026 consolidated revenue to $4.2 billion, driven by lower room rates on the Las Vegas Strip. However, growth in MGM China and digital segments helped narrow overall net losses.

Key Takeaways

  1. 1Consolidated revenue dipped 1% to $4.2B, with net loss shrinking to $17M from $285M last year.
  2. 2Las Vegas Strip revenue fell 2% to $2B, with Segment Adjusted EBITDAR dropping 12% to $531M.
  3. 3MGM China revenue grew 5% to $1.1B, while digital operations posted a 6% revenue increase.

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Source: Lodging Magazine

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