Highest-materiality recent filing
MGM China issues $750M 6.25% senior notes due 2033 to repay revolver
Issuer MGM China Holdings, a subsidiary of MGM Resorts, sold $750M of 6.25% senior notes due 2033.
All MGM director nominees re-elected, Deloitte ratified, Say on Pay approved at annual meeting
All 11 director nominees elected with majority support; highest votes for Paul Salem (136.9M for), lowest for Daniel J. Taylor (129.1M for).
MGM Resorts Q1: record $4.5B revenue (+4%); net income $125M (-16%); Adj. EBITDA $580M (-9%)
Consolidated net revenues $4.5B (+4% YoY); net income $125M vs $149M; diluted EPS $0.48 vs $0.51.
MGM Resorts enters voting agreement with IAC and Barry Diller capping voting at 25.73%
IAC holds 66,822,350 shares of MGM common stock as of April 3, 2026.
MGM Q4 net income $294M (+87% YoY), adj EBITDA $635M (+20%); China +30%
Q4 consolidated revenue $4.6B (+6% YoY); net income attributable to MGM $294M vs $157M.
MGM Q4 EPS $1.11, revenue up 6%; full-year net income down 72% due to $279M goodwill impairment
Q4 diluted EPS $1.11 (vs $0.52); revenue $4.61B (vs $4.35B) YoY.
MGM Resorts enters employment agreement with Chief Legal & Admin Officer John McManus through 2029
Base salary $1M, target bonus 150% of base, annual equity target $2.5M (50% PSUs, 50% RSUs).
MGM Q3 net loss $285M on $256M goodwill impairment; revs up 2% to $4.3B; adjusted EPS $0.24
Net loss $285M vs net income $185M prior year; diluted loss per share $1.05; adjusted EPS $0.24 vs $0.54.
MGM Resorts enters new employment contracts with CFO Halkyard and CCO Fritz
CFO Halkyard gets $1.25M base, 150% target bonus, and $3.125M annual equity grants through 2028.
MGM COO Corey Sanders to retire, transition to senior advisor; new COO to be named in September
Sanders remains COO through Dec 31, 2025, then serves as Senior Advisor to CEO through Dec 31, 2026.
MGM Resorts Q2 record rev $4.4B; net income down on $208M FX loss; BetMGM profitable
Consolidated net revenues record $4.4B (+2% YoY); net income $49M vs $187M due to $208M FX loss.
MGM annual meeting elects all 11 directors; all proposals pass
Each director nominee received majority support; highest vote was 155.5M for Keith Barr, lowest was 141.1M for Daniel J. Taylor.
CEO Hornbuckle extends contract to Dec 2028; $8M signing bonus, $10M annual equity target
New employment agreement extends term from Aug 2026 to Dec 31, 2028; base salary unchanged at $2M.
MGM Q1 revenue $4.3B (-2% YoY), net income $149M; announces $2B buyback
Consolidated net revenues $4.3B (-2% YoY); net income $149M vs $217M; Adj. EBITDA $637M vs $673M.
MGM China enters HK$23.4B revolving credit facility; refinances existing debt
MGM China, majority-owned by MGM Resorts, signed a HK$23.4 billion unsecured revolving credit facility on April 15, 2025.
MGM Resorts appoints NBCUniversal's Donna Langley to board
Board expanded from 12 to 13; Donna Langley, Chairman of NBCUniversal Entertainment & Studios, appointed.
Q4 consolidated net revenue $4.3B (-1% YoY); net income $157M vs $313M; Consolidated Adj. EBITDA $528M vs $632M.
MGM Resorts amends bylaws to align with DGCL and universal proxy rules
Bylaw amendment effective Jan 8, 2025; clarifies virtual meeting and adjournment procedures per DGCL.
MGM reports record Q3 revenue of $4.2B, up 5% YoY; net income rises to $185M
Record consolidated net revenues of $4.2B (+5% YoY); net income $185M ($0.61 EPS) vs $161M ($0.46) YoY.
MGM issues $850M of 6.125% senior notes due 2029 to refinance existing debt
Issued $850M aggregate principal of 6.125% Senior Notes due 2029 on Sept 17, 2024.
MGM Resorts appoints former IHG CEO Keith Barr to Board of Directors
Board size increased from 11 to 12; Barr appointed director and Audit Committee member.
Record Q2 consolidated net revenues of $4.3B, up 10% YoY; net income attributable to MGM of $187M vs $201M prior year.
MGM China issues $500M of 7.125% senior notes due 2031; proceeds to repay revolver
Issuer is MGM China Holdings Limited, a consolidated subsidiary of MGM Resorts.
MGM annual meeting: all directors elected, auditor ratified, say-on-pay approved
All 11 director nominees elected; over 167M votes 'for' each, broker non-votes ~95M.
MGM Resorts reports record Q1 revenue $4.4B (+13% YoY); MGM China EBITDAR +78%
Consolidated net revenues $4.4B (+13% YoY); net income $217M ($0.67 diluted EPS) vs $467M ($1.24) prior year, impacted by $398M Gold Strike gain in prior quarter.
On March 12, 2025, the Board of Directors (the “Board”) of MGM Resorts International (the “Company”) increased the number of directors of the Company from twelve to thirteen and appointed Donna Langley, as a member of the Board.
On August 21, 2024, the Board of Directors (the “Board”) of MGM Resorts International (the “Company”) increased the number of directors of the Company from eleven to twelve and appointed Keith Barr, as a member of the Board.
Max materiality 0.80 · Median 0.60 · Most common event earnings