MGM reports ~$100M EBITDAR hit from cyber incident; customer data accessed

MGM Resorts International

Cyber incident reduced Q3 Adjusted Property EBITDAR by ~$100M for Las Vegas Strip and Regional Operations.
September occupancy fell to 88% vs 93% prior year; expects 93% in October and full rebound in November.
Customer personal data before March 2019 accessed; limited SSN and passport numbers for some.
One-time expenses less than $10M in Q3; company believes insurance will cover financial impact.
No evidence data used for identity theft; no bank account or payment card info accessed.

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