{"schema_version":"secwatch.filing_event.v1","accession":"0000789570-23-000004","form_type":"8-K","ticker":"MGM","cik":"0000789570","company_name":"MGM Resorts International","filed_at":"2023-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.094180+00:00","generated_at":"2026-06-19T22:10:17.026203+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MGM Resorts Q4 net revenue $3.6B (+18% YoY); record Las Vegas Strip EBITDAR; Board authorizes $2B buyback","bullets":["Consolidated Q4 net revenues $3.6B (+18% YoY); diluted EPS $0.69 vs $0.23; adjusted EPS loss $1.53.","Las Vegas Strip Resorts Q4 Adjusted Property EBITDAR record $877M (+26% YoY); margin 38.2%.","Full-year 2022 net revenues $13.1B (+36% YoY); net income $1.5B; diluted EPS $3.49.","Board authorized new $2.0B share repurchase plan; suspended regular dividend to prioritize buybacks.","Repurchased $2.8B in shares during 2022 ($352M in Q4); retired 76 million shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000789570-23-000004","json":"https://secwatch.observer/filing/0000789570-23-000004.json","markdown":"https://secwatch.observer/filing/0000789570-23-000004.md","text":"https://secwatch.observer/filing/0000789570-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000004/0000789570-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000004/mgm-20230208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T22:10:17.026203+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5e8cee111224262b0447433812b159dcbab114e7","claim":"MGM Resorts International reported the quarter and year ended December 31, 2022 results: revenue $3.6 billion, net income $284 million, EPS $0.69.","evidence_excerpt":"our Board of Directors authorized an additional $2 billion for share buybacks.” Fourth Quarter 2022 Financial Highlights: Consolidated Results • Consolidated net revenues of $3.6 billion, an increase of 18% compared to the prior year quarter. The current quarter benefited from the inclusion of the operating results of The Cosmopolitan of Las Vegas (\"The","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000004/0000789570-23-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2022"},{"label":"Revenue","value":"$3.6 billion"},{"label":"Net income","value":"$284 million"},{"label":"EPS","value":"$0.69"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}