---
schema_version: "secwatch.filing_event.v1"
accession: "0000789570-22-000036"
form_type: "8-K"
ticker: "MGM"
cik: "0000789570"
company_name: "MGM Resorts International"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T16:06:34.296327+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MGM Resorts Q3 revenue $3.4B (+26% YoY) but net loss $577M on Macau impairment; Las Vegas Strip record EBITDAR $846M

## Summary
- Consolidated net revenues of $3.4B, up 26% YoY; operating loss of $1.0B due to $1.2B noncash amortization on Macau subconcession.
- Net loss attributable to MGM Resorts of $577M vs net income of $1.4B in prior year; diluted loss per share $1.45.
- Adjusted EPS loss of $1.39; prior year adjusted EPS was +$0.03.
- Las Vegas Strip Resorts record: revenues $2.3B (+67%), Adjusted Property EBITDAR $846M (+58%); same-store EBITDAR up 8%.
- MGM China revenues down 70% to $87M; Adjusted Property EBITDAR loss of $70M due to COVID restrictions.

## SEC filing metadata
- accession: 0000789570-22-000036
- form_type: 8-K
- ticker: MGM
- cik: 0000789570
- company_name: MGM Resorts International
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789570/000078957022000036/0000789570-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789570/000078957022000036/mgm-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789570-22-000036
- JSON: https://secwatch.observer/filing/0000789570-22-000036.json
- Plain text: https://secwatch.observer/filing/0000789570-22-000036.txt

## Key facts
- Earnings Releases
  MGM Resorts International reported financial results for quarter ended September 30, 2022.
  - Period: quarter ended September 30, 2022
  - Result: reported results
  source text: MGM Resorts International (NYSE: MGM) (“MGM Resorts” or the “Company”) today reported financial results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/789570/000078957022000036/0000789570-22-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.