MGM Resorts International Wednesday reported revenue of $4.2 billion for the third quarter of 2026, a 1% decrease year over year. Net loss attributable to MGM Resorts was $17 million in 3Q26 compared to a net loss of $285 million in the same quarter in 2025.
“While lower room rates during the third quarter impacted our results, October has rebounded favorably,” said MGM Resorts International President & CEO Bill Hornbuckle in a statement. “Our diverse portfolio remains an advantage, with MGM China achieving 5% revenue growth and strong market-share performance, while our digital businesses, including our BetMGM North America Venture and MGM Digital, reported strong topline growth during the third quarter.”
Adjusted EBITDA was $403 million in 3Q26, compared to $506 million in the prior-year quarter.
Revenue was $2.0 billion in the current quarter, a decrease of 2% year over year.
Segment Adjusted EBITDAR was $531 million in 3Q26 compared to $601 million in the prior-year’s quarter, a decrease of 12%.
Las Vegas Strip resorts yielded revenue of $2.0 billion for 3Q26, a decrease of 2% compared to the prior-year quarter. Segment Adjusted EBITDAR was $531 million compared to $601 million 3Q25, a decrease of 12%.
Regional operations yielded revenue of $883 million in 3Q26 compared to $957 million year over year. Segment Adjusted EBITDAR was $243 million during the current quarter compared to $296 million in the prior-year quarter, a decrease of 18%.
MGM China reported revenue of $1.1 billion in the current quarter, an increase of 5% compared to the prior-year quarter. Segment Adjusted EBITDAR was $264 million in the current quarter compared to $284 million in the prior-year quarter, a decrease of 7%.
