MGM Resorts reports Q2 adjusted EPS 79c, consensus 55c

Reports Q2 revenue $4.4B, consensus $4.32B. “MGM Resorts (MGM)’ operational scale and diversity delivered solid growth in the second quarter, with consolidated results increasing year over year. This performance was driven by accelerating EBITDA growth at the BetMGM venture and record results out of our Regional Operations as well as MGM China,” said Bill Hornbuckle, Chief Executive Officer & President of MGM Resorts International. “Our outlook on the business remains bright, particularly in Las Vegas as 4Q25 and full year 2026 will benefit from meaningful capital investment, including the completion of the MGM Grand room remodel, combined with strong convention bookings. Looking beyond 2025, our BetMGM venture continues towards its goal of $500 million in EBITDA and our MGM Digital segment is on target to become profitable in the coming years.”