MGM

TORONTO, Oct. 30, 2026 (GLOBE NEWSWIRE) -- BetMGM, a leading online sports betting and iGaming operator, marked its first 100 days in Alberta by sharing insights into how players across the province have engaged with its sportsbook and online casino since launching on July 13.  Alberta has quickly become one of BetMGM's strongest new markets, with early momentum outpacing the company's launch in Ontario.

MGM's third-quarter results miss estimates as weaker Las Vegas room rates and regional profitability weigh on earnings, while China and digital businesses show resilience.

MGM Resorts International NYSE: MGM said third-quarter performance reflected resilient casino demand and convention activity, although higher travel costs and pressure on leisure room rates weighed on its Las Vegas results.

BetMGM net revenue from operations increased 7% in the third quarter. Third quarter slot win in Las Vegas set a new resort record.

MGM Resorts International ( MGM ) Q3 2026 Earnings Call October 28, 2026 5:00 PM EDT Company Participants Howard Wang - Vice President of Investor Relations William Hornbuckle - President, CEO & Director Jonathan Halkyard - CFO & Treasurer Ayesha Molino - Chief Operating Officer Gary Fritz - Chief Commercial Officer & President of MGM Digital Xiaofeng Feng - CEO, President & Executive Director Conference Call Participants Brandt Montour - Barclays Bank PLC, Research Division David Katz - Jefferies LLC, Research Division Robin Farley - UBS Investment Bank, Research Division Shaun Kelley - BofA Securities, Research Division Daniel Politzer - JPMorgan Chase & Co, Research Division John DeCree - CBRE Securities, LLC, Research Division Barry Jonas - Truist Securities, Inc., Research Division Chad Beynon - Macquarie Research Steven Wieczynski - Stifel, Nicolaus & Company, Incorporated, Research Division Presentation Operator Good afternoon, and welcome to the MGM Resorts International Third Quarter 2026 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Ayesha Molino, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer; Gary Fritz, Chief Commercial Officer and President of MGM Digital; Kenneth Feng, Chief Executive Officer of MGM China Holdings and Howard Wang, Vice President, Investor Relations.

While the top- and bottom-line numbers for MGM (MGM) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

The decrease offset growth in the hotel and casino company's China business, where sales rose 5% to $1.1 billion, marking record quarterly revenue.

Regional Operations increased revenue 1% on a same-store basis MGM China achieved record quarterly revenue as well as record quarterly market share of 17.1% BetMGM North America Venture distributions and branding license fees to MGM Resorts totaled $34 million in 3Q2026 LAS VEGAS, Oct. 28, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2026. "MGM Resorts remains highly focused on the successful operations of our businesses.

MGM gears up for Q3 earnings, with Las Vegas demand, MGM China recovery and digital growth in focus, even as weaker EPS expectations raise concerns.

Culinary concept will unite Four Sixes Ranch's Western traditions with MGM's world-class hospitality LAS VEGAS, Oct. 22, 2026 /PRNewswire/ -- Marking a monumental new chapter for its culinary portfolio, MGM Grand is partnering with the legendary Four Sixes Ranch and visionary writer, director, and producer Taylor Sheridan to debut the renowned steakhouse in early 2027. Four Sixes Ranch Steakhouse will bring the uncompromising excellence, rugged spirit, and peerless heritage of one of America's most celebrated ranches directly to the Las Vegas resort.