The operator’s Vegas revenue was down in the quarter, but sports tourism and solid convention demand show promise for 2026, per CEO Bill Hornbuckle.

A nine-week decline in hotel bookings made for a "choppy" second quarter, but MGM boss Bill Hornbuckle says, "To say Las Vegas is not a value, which I know has taken some headlines, is just not a complete reality.

The Las Vegas Strip Resorts segment saw revenue fall 4% to $2.1 billion, due primarily to the impact from the room remodel and a decline in table games hold at MGM Grand Las Vegas. Casino revenue was down 6% during the quarter. Segment-adjusted EBITDAR fell 9% to $710 million.