MGM Resorts International(US:MGM)2025-10-29 21:00Financial Performance - Consolidated net revenues increased by 2% in the third quarter of 2025[14] - MGM China achieved a record 3Q Segment Adjusted EBITDAR and a market share of 15.5%[20] - BetMGM's total net revenue from operations increased by 23% year-over-year, reaching $667 million in 3Q 2025[36] - BetMGM's EBITDA increased by $57 million year-over-year in 3Q 2025[36] Segment Performance - Las Vegas Strip Resorts' net revenues were $1.088 billion in 3Q 2025, a 17% increase compared to 3Q 2024[28] - Regional Operations' net revenues were $957 million in 3Q 2025, consistent with 3Q 2024[30] - MGM Digital's net revenues were $174 million in 3Q 2025, a 23% increase compared to 3Q 2024[32] BetMGM Performance - BetMGM's iGaming net revenue was $454 million in 3Q 2025, a 21% increase year-over-year[36] - BetMGM's Online Sports net revenue was $202 million in 3Q 2025, a 36% increase year-over-year[36] - BetMGM expects to distribute at least $200 million to parents before the end of 2025[40] Strategic Initiatives - MGM Resorts withdrew its application for a New York commercial casino license[21] - MGM Resorts announced the sale of MGM Northfield Park operations for $546 million[21] - MGM Resorts repurchased nearly 45% of its shares since the beginning of 2021[71]