- BetMGM North America venture revenue from operations increased 36% in Q2, with EBITDA of $86 million and raised full year 2025 guidance to at least $2.7 billion net revenue and $150 million EBITDA.
- Las Vegas resorts saw a decline in adjusted EBITDAR primarily due to MGM Grand remodel disruption and midweek weakness at value-oriented properties, with a $72 million year-over-year decline.
- MGM China achieved record adjusted EBITDAR and a market share of 16.6%, the highest sequential gain among concessionaires, with share increasing every month of the quarter.
- MGM Digital international business grew top line by 14%, nearing breakeven excluding Brazil investments.
- MGM Resorts reported record highest ever consolidated net revenue results in Q2 2025 driven by portfolio diversity across global brick-and-mortar and digital domains.
- Regional properties posted record Q2 net revenues and a 7% increase in adjusted EBITDAR, driven by gaming, hotel, and food and beverage segments.
- Share repurchases totaled 8 million shares for $217 million in Q2, with a nearly 45% reduction in share count since the buyback program began.
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