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Stock impact report

MGM (MGM) Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Chief Executive Officer — William Joseph Hornbuckle Chief Financial Officer and Treasurer — Jonathan S. Halkyard Senior Vice President, Public Affairs and Communications — Ayesha Molino MGM China Holdings Executive Officer — Kenny [surname not provided] Takeaways Consolidated net revenue growth -- Over four percent increase, with management attributing primary drivers to digital operations and China, as well as the first Las Vegas growth in six quarters. Las Vegas Strip net revenue -- Achieved year-over-year growth, credited to strong group and convention business and record first-quarter ADR and catering/banquet revenues. Las Vegas segment adjusted EBITDAR -- Decreased by $62 million due to $37 million in higher self-insurance expense and $31 million less in business interruption proceeds. Regional operations revenue -- Increased two percent, while segment adjusted EBITDAR declined $20 million, affected by $9 million in higher self-insurance expense and $10 million d Show less Read more
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