MGM Resorts International

Nevada's casinos won $1.28 billion in September, within $700,000 of a year earlier, as a small Strip gain built on slots offset falls Downtown, in Laughlin and in Reno. The state's percentage fee collections fell 6.77%, a sharper drop than the headline win suggests.

Lower room rates cut MGM Resorts' Las Vegas Strip earnings by 12% in the third quarter, while MGM China posted record revenue and a record share of Macau. With the People Inc. bid gone, management turned to buybacks and to roughly $1 billion a year of spending on MGM Osaka in 2027 and 2028.

Barry Diller's People Inc., MGM Resorts' largest shareholder, has agreed to stop buying at 29.9% and to back MGM's board on any sale that meets four conditions. MGM stays free to buy back stock even if that lifts People past the cap.

MGM Resorts says the city of Springfield owes it about $500 million for sitting on the sale of MGM Springfield for two years. The city wants a judge, not an arbitrator, to decide whether it can keep saying no.

BetMGM's third quarter was its joint-best for adjusted EBITDA on the figures it has published since 2025, against a weak comparison a year earlier. It still expects 2026 to land at the bottom of guidance that has already been cut once, which needs a fourth quarter bigger than any it has reported.

Japan's tourism ministry says the Osaka integrated resort still meets the required standards, but for a third year it finds the demand forecasts have only been checked, not reworked. Those forecasts still promise 20 million visitors a year, while the planned initial investment has risen by 40% since the plan was first filed.

DraftKings and FanDuel gave $3.5 million each in the latest reporting period, taking Tax Relief Nebraska's fundraising to $14.65 million for two online sports betting measures on the 3 November ballot. The committee registered to oppose them had reported nothing raised or spent by the same date, on Ballotpedia's count.

Nevada's Gaming Control Board has backed Christopher Ruffin at Circus Circus and Sean Lanni at Aria and Park MGM, the Las Vegas Review-Journal reports. One is licensing work he already does; the other, by his own account, wants the licence mainly for estate planning.

A former coal-mining town in Fukuoka says it will hand the prefecture an integrated resort proposal this month and wants the prefectural assembly to take it up in December. Under Japan's IR law the town cannot apply itself, and the prefecture has not said it will.

Seven candidates filed on Sunday for the 18 October election to replace Takeharu Yamanaka, and Yamanaka is one of them. The frontrunner, backed by four ruling and opposition parties, has ruled out an integrated resort, and the others oppose one, seven months before Japan opens applications for its two remaining licences.

On the opening main stage at G2E, the chief executives of MGM Resorts and Caesars called prediction markets illegal, "obscene" and a risk to the whole industry. Wynn Resorts' Craig Billings said his company had no "skin in the game", and recalled what the Strip lost by fighting California's tribes.

Macau's casinos won MOP18.06 billion in September, 1.2% less than a year earlier and 17.5% less than in August: the fourth monthly decline in a row and the weakest month of the year. It came in below a comparison base that a typhoon had already cut, and almost exactly at the figure Citigroup cut its forecast to ten days ago. It was published on the first day of Golden Week.

Pennsylvania's gaming regulator approved two consent agreements over paperwork failures, one against a casino group that was the subject of a takeover bid until yesterday. It also added ten people to its exclusion lists, including a gambler who left a five-year-old alone in a casino garage.

People Inc. has walked away from its June proposal to take MGM Resorts private, and MGM shares fell 8.6% after hours to $34.61, far below the $48.30 that was on the table. Diller keeps his roughly 27% stake and says he is still open to "a range of alternatives".

Fourteen months after the "Big Beautiful Bill" cut deductible losses to 90%, the Ways and Means Committee has attached the fix to a crypto tax bill and sent it to the floor. It still needs the House, the Senate and the President before 1 January, and the House is about to leave town.

The City of Springfield has taken MGM Resorts to Hampden Superior Court over alleged breaches of the 2013 host community agreement, from employment levels to a downtown building left behind scaffolding for seven years. MGM calls the suit frivolous and says the real story is a proposed sale to a "well-qualified casino operator" that the mayor's office has stalled since early 2024.

The Gaming Commission voted 3-0 and one commissioner said the people he wanted in front of him were not there. Of the $3.6 million Mathew Bowyer lost at the property, $88,000 came on the current owner's watch. It is paying for all of it.

Entain has published its interim results for the first half of 2025, with the FTSE-listed operator pointing to momentum in its UK and Irish retail business and continued progress at its BetMGM joint venture in the United States. The results arrive at a sensitive moment for the group, which is navigating a shifting UK regulatory landscape and a period of strategic repositioning following several years of turbulence.

LeoVegas Group has brought its proprietary Tiger sportsbook to the United Kingdom, deploying it simultaneously across three brands in one of the world's most competitive regulated betting markets. The move completes the platform's rollout through Denmark, Brazil and Sweden and marks the group's most consequential statement yet of intent to own its own technology stack.

A clutch of sell-side notes published in late July and early August 2026 reveals four distinct storylines shaping investor sentiment across the global gaming sector: Churchill Downs pursuing a regional asset sale, MGM anchored by a $48.30 takeover offer, Sportradar absorbing a €9 million FX headwind, and Macau lagging its own recent recovery pace after a soft World Cup and a disruptive typhoon.

MGM Resorts has reached a landmark achievement in Nevada by doubling its renewable energy capacity through the Escape Solar and Storage Project. With 115 megawatts of solar power and a 25 year stability agreement, the gaming leader is now meeting all its daytime electricity needs on the Las Vegas Strip via clean energy sources.

The high stakes competition for a coveted downstate casino license in New York faced a significant shake up after MGM Resorts International unexpectedly

Hokkaido, once considered a frontrunner to host one of Japan's first large-scale casino resorts, is formally re-evaluating its position. The prefectural

Global gaming operator MGM Resorts International has pinpointed Brazil as the main focus of its digital investment strategy outside of North America,