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MGM Resorts International ( MGM ) Q3 2025 Earnings Call October 29, 2025 5:00 PM EDT Company Participants Howard Wang William Hornbuckle - President, CEO & Director Jonathan Halkyard - CFO & Treasurer Xiaofeng Feng - President of Strategic, CFO & Executive Director Corey Sanders - Chief Operating Officer Conference Call Participants John DeCree - CBRE Securities, LLC, Research Division Shaun Ke...
Record Third Quarter Adjusted EBITDA Posted 20% Year-on-Year Growth HONG KONG , Oct. 29, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months (the "Period") and nine months ended September 30, 2025. The Group is pleased to...
The Las Vegas-based hotel and casino operator bottom line was hit by a $256 million noncash goodwill impairment charge tied to withdrawing an application for a New York casino.
Consolidated net revenues increased 2% year over year MGM China achieved both record 3Q Segment Adjusted EBITDAR and market share of 15.5% BetMGM North American venture reported strong revenue and EBITDA growth in 3Q25, raising its guidance for FY2025 and announcing cash distribution to MGM Resorts by year-end 2025 Announced sale of the operations of MGM Northfield Park for $546 million MGM Re...
MGM Resorts has withdrawn from the competition for one of three new casino licenses in the New York City metropolitan area. The high costs and intense competition for these licenses have proven prohibitive, even for major operators like MGM, WYNN, and LVS. MGM already maintains a presence in the NYC metro area through its Yonkers racino, reducing its urgency for a new license.
GREENWICH, Conn. , Oct. 23, 2025 /PRNewswire/ -- Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business is leading the financing supporting the acquisition of the operations of MGM Northfield Park, a regional racino in Northfield, Ohio, by Toronto-based Clairvest Group (TSX: CVG).
It is never dull when activist investors take an interest in a high-profile company. For Entain PLC (LSE:ENT), this week's comments from Sachem Head Capital Management have again stirred the pot.
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