{"schema_version":"secwatch.filing_event.v1","accession":"0000789570-23-000018","form_type":"8-K","ticker":"MGM","cik":"0000789570","company_name":"MGM Resorts International","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.655850+00:00","generated_at":"2026-06-12T15:37:16.613110+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MGM Q2 net revs $3.9B (+21% YoY); MGM China EBITDAR $209M vs -$52M; $626M buyback; Marriott licensing deal","bullets":["Consolidated net rev $3.9B (record), +21% YoY; diluted EPS $0.55 vs $4.20 (prior year had $2.3B gain on MGP sale).","MGM China net rev $741M (+418% YoY, +5% vs Q2 2019); Adj Property EBITDAR $209M vs -$52M; margin 28.3%.","Las Vegas Strip net rev $2.1B (flat YoY); Adj Property EBITDAR $777M (-6% YoY); margin 36.2% vs 38.6%.","Repurchased ~15M shares for $626M in Q2; $1.4B remaining under buyback plan as of June 30.","Announced long-term license agreement with Marriott International to expand customer booking channel and drive profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0000789570-23-000018","json":"https://secwatch.observer/filing/0000789570-23-000018.json","markdown":"https://secwatch.observer/filing/0000789570-23-000018.md","text":"https://secwatch.observer/filing/0000789570-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000018/0000789570-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000018/mgm-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T15:37:16.613110+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":"33c45b6b2170ef70e210aa82895f9bdf3496fa15","claim":"MGM Resorts International reported the quarter ended June 30, 2023 results: revenue $3.9 billion, net income $201 million, EPS $0.55.","evidence_excerpt":"said Jonathan Halkyard, Chief Financial Officer and Treasurer of MGM Resorts. Second Quarter 2023 Financial Highlights: Consolidated Results • Consolidated net revenues of $3.9 billion, an increase of 21% compared to the prior year quarter, due primarily to the removal of COVID-19 related entry restrictions in Macau; • Operating income was $371 million compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/789570/000078957023000018/0000789570-23-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$3.9 billion"},{"label":"Net income","value":"$201 million"},{"label":"EPS","value":"$0.55"},{"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"}