MGM Resorts International

MGM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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MGM Earnings: Vegas Industry Demand Remains Soft Near Term, While Macao Shines; Shares Attractive

Dan Wasiolek

Oct 30, 2025

MGM's third-quarter revenue increased 2%, as 17% growth in Macao more than offset the 7% decline in Vegas that was affected by renovations and weak visitation. EBITDA margin was11.9%, down from 13.7% a year ago.

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MGM Resorts International

MGM Earnings: Vegas Industry Demand Remains Soft Near Term, While Macao Shines; Shares Attractive

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