MGM Resorts International

MGM: XNYS (USA)

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MGM Earnings: Elevated Travel Costs Dampen Vegas Near-Term Demand; Shares Cheap

Dan Wasiolek

Oct 29, 2026

MGM's third-quarter revenue fell 1%, as a 2% decline in Vegas offset a 5% increase in Macao. Meanwhile, its Japan resort remains on track to open in late 2030. Adjusted EBITDA decreased 20% to 9.5% margins.

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MGM Resorts International

MGM Earnings: Elevated Travel Costs Dampen Vegas Near-Term Demand; Shares Cheap

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