MGM Resorts reports record $4.5 billion second-quarter revenue

MGM Resorts reported second-quarter 2026 revenue of $4.5 billion for the quarter ended June 30, up 1% year over year, while net income attributable to the company rose to $292 million from $49 million and diluted EPS increased to $1.11 from $0.18; adjusted EPS fell to $0.59 from $0.79 and Adjusted EBITDA declined to $610 million from $648 million. Las Vegas Strip revenue grew 3% to $2.2 billion and MGM Digital revenue rose 20% to $196 million, but MGM China EBITDAR fell 15% to $257 million; MGM also repurchased about 4 million shares for $164 million during the quarter, with approximately $1.4 billion remaining under its repurchase authorization as of June 30.