MGM Resorts reported lower revenue and earnings in Q3 2026. The MGM Q3 2026 results showed higher casino revenue but lower non-casino revenue. Digital gambling also recorded growth.

• Casino vs non-casino revenue: Casino revenue rose 0.5% to USD 2.30 billion (ca. EUR 2.07 billion), representing 54.7% of group revenue. Non-casino revenue fell 2.5% to USD 1.91 billion (ca. EUR 1.72 billion), including hotels, restaurants and other activities. Total revenue declined 1% to USD 4.21 billion (ca. EUR 3.78 billion).
• Retail casino gambling: Las Vegas Strip casino revenue rose 8% to USD 488 million (ca. EUR 438 million), while regional US casino revenue fell 10% to USD 626 million (ca. EUR 562 million). MGM China retail casino revenue increased 4% to USD 981 million (ca. EUR 881 million). Combined retail casino revenue reached approximately USD 2.10 billion (ca. EUR 1.88 billion), including retail sports betting where applicable.
• Digital gambling: MGM Digital, including LeoVegas, increased revenue 6% to USD 184 million (ca. EUR 165 million), covering online casino and sports betting. Its adjusted EBITDAR loss narrowed to USD 4 million (ca. EUR 3.6 million). BetMGM North America is excluded from consolidated revenue, but MGM received USD 34 million (ca. EUR 30.5 million) in distributions and branding licence fees.
• Earnings: Adjusted EBITDA declined 20% to USD 403 million (ca. EUR 362 million) in Q3 2026, while the net loss narrowed to USD 17 million (ca. EUR 15 million). CEO Bill Hornbuckle said its digital businesses “reported strong topline growth during the third quarter.”

Note: MGM’s casino revenue includes retail sports betting where applicable. The non-casino category may also contain digital gambling revenue, so it is not purely non-gambling revenue. Separate sports betting revenue figures are not disclosed.

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