---
schema_version: "secwatch.filing_event.v1"
accession: "0000789570-24-000028"
form_type: "8-K"
ticker: "MGM"
cik: "0000789570"
company_name: "MGM Resorts International"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:42:33.496644+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MGM reports record Q3 revenue of $4.2B, up 5% YoY; net income rises to $185M

## Summary
- Record consolidated net revenues of $4.2B (+5% YoY); net income $185M ($0.61 EPS) vs $161M ($0.46) YoY.
- MGM China net revenues $929M (+14%); Adjusted Property EBITDAR $237M (+5%).
- Las Vegas Strip Resorts revenue $2.1B (+1%); Adjusted Property EBITDAR $731M (+2%), boosted by $37M cyber insurance proceeds.
- BetMGM record net revenues up ~20% YoY; MGM announced Brazil venture with Grupo Globo for BetMGM brand.
- Share repurchases $326M in Q3, ~$1.3B YTD; shares outstanding reduced 40% since 2021.

## SEC filing metadata
- accession: 0000789570-24-000028
- form_type: 8-K
- ticker: MGM
- cik: 0000789570
- company_name: MGM Resorts International
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789570/000078957024000028/0000789570-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789570/000078957024000028/mgm-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789570-24-000028
- JSON: https://secwatch.observer/filing/0000789570-24-000028.json
- Plain text: https://secwatch.observer/filing/0000789570-24-000028.txt

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