{"schema_version":"secwatch.filing_event.v1","accession":"0000789570-25-000005","form_type":"8-K","ticker":"MGM","cik":"0000789570","company_name":"MGM Resorts International","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.355596+00:00","generated_at":"2026-05-26T23:09:10.021243+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MGM Resorts Q4 net income $157M, EPS $0.52 vs $0.92, Adjusted EPS $0.45 vs $1.06; full-year record revenue $17.2B","bullets":["Q4 consolidated net revenue $4.3B (-1% YoY); net income $157M vs $313M; Consolidated Adj. EBITDA $528M vs $632M.","Las Vegas Strip Resorts Q4 revenue down 6% to $2.2B; segment Adj. EBITDAR down 11% to $765M on prior-year F1 strength.","MGM China full-year segment Adj. EBITDAR record $1.1B (+25% YoY); Q4 net revenue up 4% to $1.0B.","Repurchased 33M shares for $1.4B in 2024; remaining buyback authorization $826M as of Dec 31, 2024.","BetMGM expects profitability in 2025; Q4 unconsolidated affiliate loss of $42M vs prior-year $0.8M gain."],"urls":{"canonical":"https://secwatch.observer/filing/0000789570-25-000005","json":"https://secwatch.observer/filing/0000789570-25-000005.json","markdown":"https://secwatch.observer/filing/0000789570-25-000005.md","text":"https://secwatch.observer/filing/0000789570-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789570/000078957025000005/0000789570-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789570/000078957025000005/mgm-20250212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T23:09:10.021243+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}