MGM Resorts sees revenue boost driven by strong performance in sports betting
Friday 01 de August 2025 / 12:00
2 minutos de lectura
(Las Vegas).- MGM Resorts International posted second quarter revenue of $4.40 billion, a 1.8% increase from a year earlier, supported by strength in online sports betting and its China operations.
Earnings per share came in at $0.79, down from $0.86 last year. The company's China casinos generated $1.11 billion in revenue, up 9%, as mainfloor and VIP table play improved.
Revenue from U.S. regional casinos outside Las Vegas rose 4% to $964.6 million. Digital gaming revenue covering sports betting and iGaming climbed 14% to $163.9 million. However, a wider operating loss in the digital unit offset some of those gains.
MGM Resorts International is the largest resort operator on the Las Vegas Strip, with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio.
MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018.
Categoría:Reports
Tags: Sin tags
País: United States
Región: North America
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