{"id":10703,"date":"2026-05-01T03:19:26","date_gmt":"2026-05-01T03:19:26","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/01\/mgm-resorts-q1-revenue-hits-4-5b-as-macau-helps-results\/"},"modified":"2026-05-01T03:19:26","modified_gmt":"2026-05-01T03:19:26","slug":"mgm-resorts-q1-revenue-hits-4-5b-as-macau-helps-results","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/01\/mgm-resorts-q1-revenue-hits-4-5b-as-macau-helps-results\/","title":{"rendered":"MGM Resorts Q1 Revenue Hits $4.5B As Macau Helps Results"},"content":{"rendered":"<div>\n<p>MGM Resorts reported higher Q1 revenue, helped by Macau strength and faster digital growth, even as profit and adjusted EBITDAR moved lower across most of the business.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>MGM Resorts Q1 net revenue rose 4% year over year to $4.5 billion.<\/strong><\/em><\/li>\n<li><em><strong>Net income fell 16% to $125 million, while adjusted EBITDAR dropped 9% to $580 million.<\/strong><\/em><\/li>\n<li><em><strong>MGM China revenue climbed 9% to $1.1 billion, and digital revenue rose 43% to $183 million.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<h2>Macau And Digital Give MGM A Lift<\/h2>\n<p>MGM Resorts had revenue growth in every main segment during Q1, but only digital improved from an adjusted EBITDAR loss view. The group reported $4.5 billion in net revenue, while adjusted EBITDAR fell to $580 million and net income slipped to $125 million.<\/p>\n<p>Macau gave MGM one of its better results. MGM China revenue rose 9% to $1.1 billion during a quarter that included Chinese New Year. Table games win in Macau topped $1 billion, up 18% from last year. Adjusted EBITDAR still fell 4% to $273 million.<\/p>\n<p>Bill Hornbuckle, CEO of MGM Resorts, said: <em>\u201cIt\u2019s always difficult to say Macau is \u2018stable\u2019, but I feel good about it, I feel very good about our market position and what we\u2019re doing and how we\u2019re doing it.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>He also said MGM remains <em>\u201cunder-suited\u201d<\/em> in Macau and plans to add more hotel capacity.<\/p>\n<p>Digital moved in the right direction too. Revenue from LeoVegas, not BetMGM, rose 43% to $183 million. The digital adjusted EBITDAR loss narrowed from $34 million to $26 million. MGM still expects that loss to keep shrinking, though Brazil tax and regulatory changes may add extra cost.<\/p>\n<p>Gary Fritz, MGM Chief Commercial Officer and president of digital, said:<em> \u201cWe\u2019ve indicated in that past that we would see the loss this year for the digital segment halving relative to last year, we might see a little bit more investment this year than that, given some of the regulatory changes and tax changes in Brazil, but we\u2019re definitely anticipating the loss to materially narrow\u2026which then sets us up in 2027 for close to a break-even year, if not 100% getting there.\u201d<\/em><\/p>\n<p>Las Vegas gave MGM a more mixed result. Revenue reached $2.2 billion, only $4 million above last year, while adjusted EBITDAR fell 8% to $749 million. Hotel revenue stayed almost flat at $751 million, but casino revenue fell 5%, table games win slipped 1%, and slot win also declined 1%.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Hornbuckle said: <em>\u201cThe market\u2019s changed, the consumer has changed. Luckily for us we have a lot of luxury product and brands that can cater to that, and it\u2019s going to continue.\u201d<\/em><\/p>\n<p>He added: <em>\u201cDespite many headwinds, we have yet to see a slowdown. That doesn\u2019t mean over the summer that can\u2019t happen, because booking cycles still remain short.\u201d<\/em><\/p>\n<p>MGM has also tested all-inclusive Las Vegas packages at Luxor and Excalibur as operators try to bring back value-driven and first-time travelers. COO Ayesha Molino said: <em>\u201cWe\u2019ve been really pleased with the response to the all-inclusive package, we\u2019ve seen really steady momentum since we first deployed that and the customer response has been really good.\u201d<\/em><\/p>\n<p>She said a<em> \u201csignificant portion\u201d<\/em> of demand came from new customers.<\/p>\n<p>Away from quarterly numbers, Las Vegas NBA talk also drew attention. MGM part-owns T-Mobile Arena, the main current option for a possible NBA team in the city. Hornbuckle said he was <em>\u201calready under three NDAs\u201d<\/em> and added: <em>\u201cT-Mobile is part of that conversation, whether it\u2019s short-term or long-term, all roads lead to it for now\u2026so we\u2019re intimately involved in those conversations.\u201d<\/em><\/p>\n<p><a href=\"https:\/\/igaming.org\/casino-news\/mgm-osaka-integrated-resort-raises-budget-to-over-10-billion\/\">MGM Osaka<\/a> also remains on schedule. Hornbuckle said the Japan integrated resort is progressing <em>\u201con time and on budget for a 2030 opening.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>MGM reported around $38 billion in total liabilities, roughly flat from last year. The company also bought back $90 million of stock in Q1. Shares closed Wednesday down 1% at $39.27, still up about 24% over 12 months but below 2023 highs near $50.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/mgm-resorts-q1-2026\/\">MGM Resorts Q1 Revenue Hits $4.5B As Macau Helps Results<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MGM Resorts reported higher Q1 revenue, helped by Macau strength and faster digital growth, even as profit and adjusted EBITDAR moved lower across most of the business. Good to Know MGM Resorts Q1 net revenue rose 4% year over year to $4.5 billion. Net income fell 16% to $125 million, while adjusted EBITDAR dropped 9% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10703","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10703"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10703\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}