{"schema_version":"secwatch.filing_event.v1","accession":"0000789570-23-000012","form_type":"8-K","ticker":"MGM","cik":"0000789570","company_name":"MGM Resorts International","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.233275+00:00","generated_at":"2026-06-16T05:42:47.151465+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MGM Q1 revenue $3.9B (+36%), EPS $1.24, Las Vegas Strip EBITDAR record +41%","bullets":["Consolidated net revenue $3.9B (+36% YoY); diluted EPS $1.24 vs ($0.06); adjusted EPS $0.44 vs $0.01.","Las Vegas Strip Resorts record Adjusted Property EBITDAR $836M (+41% YoY); margin 38.4% (+271 bps).","MGM China net revenue $618M (+130%); Adjusted Property EBITDAR $169M (vs loss $26M prior year).","Repurchased ~12M shares for $487M during quarter; $2.0B remaining under repurchase plan.","Closed sale of Gold Strike Tunica, received Osaka development certification, and LeoVegas agreed to acquire Push Gaming."],"urls":{"canonical":"https://secwatch.observer/filing/0000789570-23-000012","json":"https://secwatch.observer/filing/0000789570-23-000012.json","markdown":"https://secwatch.observer/filing/0000789570-23-000012.md","text":"https://secwatch.observer/filing/0000789570-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000012/0000789570-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000012/mgm-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:42:47.151465+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":"9bd22362b71967936e42b41f304fb52b390cbdfb","claim":"MGM Resorts International reported the quarter ended March 31, 2023 results: revenue $3.9 billion, net income $467 million, EPS $1.24.","evidence_excerpt":"acquisitions and the development opportunities we have with Japan and New York.” First Quarter 2023 Financial Highlights: Consolidated Results • Consolidated net revenues of $3.9 billion, an increase of 36% 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/789570/000078957023000012/0000789570-23-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$3.9 billion"},{"label":"Net income","value":"$467 million"},{"label":"EPS","value":"$1.24"},{"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"}