{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-308700","form_type":"8-K","ticker":"MGM","cik":"0000789570","company_name":"MGM Resorts International","filed_at":"2022-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.573976+00:00","generated_at":"2026-06-21T02:10:18.827387+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"regulatory","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MGM subsidiary secures 10-year Macau gaming concession through 2032; table capacity rises to 750","bullets":["MGM Grand Paradise granted final 10-year concession from Jan 1, 2023 to Dec 31, 2032, replacing sub-concession.","Authorized to operate 750 gaming tables (up from 552 currently) and 1,700 gaming machines.","Special gaming tax remains 35% of gross gaming revenue; annual fixed premium MOP 30M (~$3.7M) plus variable fees.","Mandatory investment of MOP 16.7B (~$2B), of which MOP 15B in non-gaming projects; bank guarantee of MOP 1B required.","Additional investment triggered if market-wide GGR reaches MOP 180B in any year, with reduced percentages in later years."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-308700","json":"https://secwatch.observer/filing/0001193125-22-308700.json","markdown":"https://secwatch.observer/filing/0001193125-22-308700.md","text":"https://secwatch.observer/filing/0001193125-22-308700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789570/000119312522308700/0001193125-22-308700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789570/000119312522308700/d434368d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T02:10:18.827387+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":"14cc08b25d669505071ee58bb030d5dcdad180fd","claim":"MGM Resorts International entered into Concession Contract with Macau government valued at annual premium of MOP 30 million (approximately US$3.7 million) (effective 2022-12-16).","evidence_excerpt":"entered into a 10-year gaming concession contract to operate games of chance or other games in casinos in Macau commencing on January 1, 2023 (the “Concession Contract”) through December 31, 2032.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/789570/000119312522308700/0001193125-22-308700-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Macau government"},{"label":"Value","value":"annual premium of MOP 30 million (approximately US$3.7 million)"},{"label":"Effective","value":"2022-12-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}