Las Vegas room rates crashed in September, slicing MGM Resorts earnings
Higher airfare and jet fuel prices pushed leisure demand lower, while casino revenue rose 8% and occupancy held steady at 89%, MGM said.
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MGM Resorts’ Las Vegas revenue, earnings fall as room rates decline
Strip revenue fell 2 percent and adjusted earnings dropped 12 percent in the third quarter as lower room rates offset stronger casino results, though executives said October trends were improving.
Strong gaming hold drives MGM China to record quarterly revenue and all-time high Macau market share of 17.1% in 3Q26
MGM China has obliterated expectations and defied the recent Macau market decline, reporting record quarterly revenue of HK$8.93 billion (US$1.14 billion) in the three months to 30 September 2026 as well as an all-time high in market share of 17.1%. The record results were aided by strong gaming hold at its two Macau integrated resorts, MGM COTAI and MGM MACAU. Total revenue for the quarter was up by 5% year-on-year and by 3.5% quarter-on-quarte…
MGM Resorts International has closed the third trimester of 2026 with consolidated revenues pairs to 4,21 billion dollars, in decrease of the "1% regarding 4,25 billion recorded in the same period of the year precedence. The American group has however significantly reduced the net loss attributable to the shareholders, passed from 285 million to 17 million dollars, while [...]
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