MGM Resorts Q2 2024: record rev $4.3B, MGM China EBITDAR up 40% to $294M, adj EPS $0.86, buybacks $413M

MGM Resorts International

2024-Q2 EPS reported $1.27 revenue$8,710,845,000

Record Q2 consolidated net revenues of $4.3B, up 10% YoY; net income attributable to MGM of $187M vs $201M prior year.
MGM China Adjusted Property EBITDAR of $294M, +40% YoY; Macau market share remained in the mid-teens.
Las Vegas Strip Resorts net rev $2.2B (+3%); Adjusted Property EBITDAR $782M (+1%).
Adjusted diluted EPS $0.86 vs $0.59; returned $413M via share repurchases (~10M shares) in Q2.
Announced acquisition of Tipico's U.S. platform and strategic relationship with Playtech for live casino content.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.