MGM Resorts Reports Soft Strip Revenue Decline

MGM Resorts reported 2025 results showing Las Vegas Strip net revenue of $8.4 billion, down 4%, and core operating earnings of $2.9 billion, an 8% decline, according to filings released Feb. 5, 2026. Executives cited a tourism slowdown and earlier room renovations but forecast mid-single-digit Strip revenue growth in 2026, citing stronger convention bookings and technology upgrades like AI concierge tools.