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Mgm resorts reports lower revenue despite strong casino performance

Mgm resorts reported a small revenue drop for the third quarter of two thousand twenty six.

Written by the BettingEdgeHub desk, 29 October 2026

Mgm resorts international posted total revenue of four billion two hundred million dollars for the third quarter of two thousand twenty six. This represents a one percent decline compared to the same period in the previous year. The net loss improved significantly to seventeen million dollars.

Mixed results across global venues

Mgm china performed well with a five percent increase in revenue to one billion one hundred million dollars. Digital operations also grew by six percent to reach one hundred eighty four million dollars. Regional operations experienced an eight percent drop in revenue.

Las Vegas Strip properties saw revenue fall by two percent to one billion nine hundred fifty million dollars. Lower room rates pulled down overall figures even though casino revenue increased by eight percent to four hundred eighty eight million dollars. Room revenue fell by six percent.

Travel costs impact visitor numbers

Company executives noted that high airfares and gas prices affected visitor numbers and spending during the summer months. Flight prices to Las Vegas rose sharply compared to the previous year. This forced the company to lower room rates to maintain steady occupancy levels.

The wagering requirement for any associated promotion was not stated in the financial report. October trading figures showed early signs of recovery with room rate trends returning to normal levels. Company leadership stated a strong commitment to maintaining global leadership in the gaming and entertainment sector.