MGM Q2: record revenue $4.5B (+1%); Las Vegas Strip EBITDAR +3%; Adj. EPS $0.59 vs $0.79

MGM Resorts International

Consolidated revenue $4.5B (+1% YoY); net income $292M vs $49M; diluted EPS $1.11 vs $0.18.
Las Vegas Strip Resorts revenue $2.2B (+3%), Segment Adjusted EBITDAR $735M (+3%).
Regional Operations same-store revenue $904M (+3%), but Segment Adjusted EBITDAR $280M (-9%).
MGM China revenue flat at $1.1B; Segment Adjusted EBITDAR $257M (-15%) due to $21M higher branding fee.
MGM Digital revenue $196M (+20%), but Segment Adjusted EBITDAR loss widened to $31M from $26M.

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