MGM Resorts International stock rose 8.3% following the company's fourth quarter and full year 2025 financial results announcement. The company reported consolidated net revenues of 4.6 billion dollars, up 6 percent, with net income of 294 million dollars, up 87 percent, and Consolidated Adjusted EBITDA of 635 million dollars, up 20 percent. BetMGM North America Venture distributed 135 million dollars to MGM Resorts during the quarter. The company repurchased 15 million shares in the fourth quarter and 37.5 million shares during 2025. Additionally, MGM announced multiple strategic partnerships including a loyalty program with Marriott International, a live casino streaming partnership with Playtech, and expanded rewards benefits for cruise line members. The company also reported record results from its Macau operations and BetMGM reaching profitability.
Read full analysisMGM Resorts International stock rose 8.3% following the company's fourth quarter and full year 2025 financial results announcement. The company reported consolidated net revenues of 4.6 billion dollars, up 6 percent, with net income of 294 million dollars, up 87 percent, and Consolidated Adjusted EBITDA of 635 million dollars, up 20 percent. BetMGM North America Venture distributed 135 million dollars to MGM Resorts during the quarter. The company repurchased 15 million shares in the fourth quarter and 37.5 million shares during 2025. Additionally, MGM announced multiple strategic partnerships including a loyalty program with Marriott International, a live casino streaming partnership with Playtech, and expanded rewards benefits for cruise line members. The company also reported record results from its Macau operations and BetMGM reaching profitability.
MGM Resorts International operates casinos and resorts globally, including marquee Las Vegas Strip properties like MGM Grand and Bellagio, regional U.S. markets, and Macau through its majority stake in MGM China. The company also co-owns BetMGM, a major U.S. online sports betting platform expanding into Brazil. Today's move reflects a wave of new partnerships — most notably with Marriott's Bonvoy loyalty program — that aim to broaden MGM's customer reach at a time when Las Vegas visitor traffic has declined sharply.