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MGM ResortsInvestment

MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2026 FINANCIAL AND OPERATING RESULTS

What happened

MGM Resorts International repurchased approximately 4 million shares of its common stock for $164 million during the second quarter of 2026.

Source

Article excerpt

LAS VEGAS, July 29, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM ) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2026. "MGM Resorts once again demonstrated the strength of our diversified portfolio with record second quarter consolidated revenue driven by a second consecutive quarter of year-over-year revenue growth for Las Vegas Strip Resorts, all-time best Regional Operations same-store quarterly revenue, and 20% year-over-year revenue growth at MGM Digital," said Bill Hornbuckle, President and CEO of MGM Resorts International. "Alongside this momentum in our existing operations, we continue to build for the future with investment in the largest integrated resort in the world, MGM Osaka, on track for 2030 opening, as well as returns on our digital businesses." "Our disciplined and targeted capital allocation strategy fueled Segment Adjusted EBITDAR growth across our Las Vegas Strip Resorts, record setting results at several of our Regional Operations, and market share gains at MGM China," said Jonathan Halkyard, CFO of MGM Resorts International. "We will continue to allocate growth capital to drive significant returns on investment with meaningful opportunities at our Las Vegas luxury offerings." Second Quarter 2026 Financial Highlights: Consolidated Results Las Vegas Strip Resorts Regional Operations MGM...

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Extracted from this sentence

During the second quarter of 2026, the Company repurchased approximately 4 million shares of its common stock for an aggregate amount of $164 million, pursuant to its repurchase plan.

Extracted by Autobound

From the Signal API record
Event
Investment

What this signalsA large capital project often starts a round of vendor buying.

Amount named
$164M
Location
Las Vegas, Nevada, United States

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The full record

From the Signal API record

Numbers

Amount named in the story
$164M

Details

Assets
common stock

Extraction

Confidence
90%
Detected
Jul 29, 2026
signal_type
news
signal_subtype
invests_into_assets

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a0f2f5e0-8d97-582e-193a-8e07dfcb2d95 returns this record as JSON. POST /v1/companies/enrich returns every signal for mgmresorts.com.

{
  "signal_id": "a0f2f5e0-8d97-582e-193a-8e07dfcb2d95",
  "signal_type": "news",
  "signal_subtype": "invests_into_assets",
  "detected_at": "2026-07-29T20:15:00+00:00",
  "company": {
    "name": "MGM Resorts",
    "domain": "mgmresorts.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/mgm-resorts-international-reports-second-quarter-2026-financial-and-operating-results-302838122.html",
    "title": "MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2026 FINANCIAL AND OPERATING RESULTS",
    "assets": "common stock",
    "excerpt": "LAS VEGAS , July 29, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM ) (\"MGM Resorts\" or the \"Company\") today reported financial results for the quarter ended June 30, 2026. \"MGM Resorts once again demonstrated the strength of our diversified portfolio with record second quarter consolidated revenue driven by a second consecutive quarter of year-over-year revenue growth for Las Vegas Strip Resorts, all-time best Regional Operations same-store quarterly revenue, and 20% year-over-year revenue growth at MGM Digital,\" said Bill Hornbuckle, President and CEO of MGM Resorts International. \"Alongside this momentum in our existing operations, we continue to build for the future with investment in the largest integrated resort in the world, MGM Osaka, on track for 2030 opening, as well as returns on our digital businesses.\" \"Our disciplined and targeted capital allocation strategy fueled Segment Adjusted EBITDAR growth across our Las Vegas Strip Resorts, record setting results at several of our Regional Operations, and market share gains at MGM China,\" said Jonathan Halkyard, CFO of MGM Resorts International. \"We will continue to allocate growth capital to drive significant returns on investment with meaningful opportunities at our Las Vegas luxury offerings.\" Second Quarter 2026 Financial Highlights: Consolidated Results Las Vegas Strip Resorts Regional Operations MGM China...",
    "summary": "MGM Resorts International repurchased approximately 4 million shares of its common stock for $164 million during the second quarter of 2026.",
    "location": "Las Vegas, Nevada, USA",
    "planning": false,
    "image_url": "https://mmx.prnewswire.com/media/MS445765/MGM-Resorts-International-Logo.jpg?id=OA2799186&p=facebook",
    "confidence": 0.9,
    "published_at": "2026-07-29T20:15:00Z",
    "location_data": [
      {
        "city": "Las Vegas",
        "state": "Nevada",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "During the second quarter of 2026, the Company repurchased approximately 4 million shares of its common stock for an aggregate amount of $164 million, pursuant to its repurchase plan.",
    "amount_normalized": 164000000
  }
}

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