MGM Resorts Q2 2026 Earnings: Revenue Hits $4.5 Billion as Las Vegas Strip Posts Record Growth
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MGM Resorts International reported second-quarter 2026 revenue of $4.5 billion on Wednesday, up 1% year-over-year, as record performance on the Las Vegas Strip and continued growth in its digital business offset softness in regional gaming markets and flat results from Macau. Net income attributable to MGM Resorts jumped to $292 million, compared with $49 million in the same quarter last year, while consolidated Adjusted EBITDA came in at $610 million, down from $648 million a year earlier. The results mark the second consecutive quarter of year-over-year revenue growth for MGM's Las Vegas Strip resorts, alongside what the company called all-time best same-store quarterly revenue for its regional properties. MGM Digital, which includes LeoVegas and other online gaming subsidiaries but excludes the BetMGM joint venture, posted revenue growth of 20% year-over-year. MGM's Las Vegas Strip resorts generated $2.2 billion in revenue during the quarter, up 3% from $2.1 billion a year earlier, with Segment Adjusted EBITDAR rising 3% to $735 million. Bill Hornbuckle, President and CEO of MGM Resorts International, credited the strength to a diversified portfolio and pointed to the company's continued investment in future growth, including MGM Osaka, the massive integrated resort project still on track for a 2030 opening. Company executives tied the Strip's momentum to a healthy base...
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