MGM Resorts International (MGM) Q3 2025 Earnings Call October 29, 2025 5:00 PM EDT
Company Participants
Howard Wang
William Hornbuckle – President, CEO & Director
Jonathan Halkyard – CFO & Treasurer
Xiaofeng Feng – President of Strategic, CFO & Executive Director
Corey Sanders – Chief Operating Officer
Conference Call Participants
John DeCree – CBRE Securities, LLC, Research Division
Shaun Kelley – BofA Securities, Research Division
Brandt Montour – Barclays Bank PLC, Research Division
Daniel Politzer – JPMorgan Chase & Co, Research Division
Steven Wieczynski – Stifel, Nicolaus & Company, Incorporated, Research Division
Stephen Grambling – Morgan Stanley, Research Division
Barry Jonas – Truist Securities, Inc., Research Division
Chad Beynon – Macquarie Research
Presentation
Operator
Good afternoon, and welcome to the MGM Resorts International Third Quarter 2025 Earnings Conference Call.
Joining the call from the company today are Mr. Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Gary Fritz, President of MGM Interactive; Kenneth Feng, Executive Director and President of MGM China Holdings Hubert Wang, COO and President of MGM China Holdings; and Howard Wang, Vice President, Investor Relations.
[Operator Instructions]
Please note, this call is being recorded. Now I would like to turn the call over to Mr. Howard Wang. Please go ahead.
Howard Wang
Thanks. Welcome to the MGM Resorts International Third Quarter 2025 Earnings Call. This call is being broadcast live on the Internet at investors.mgmresorts.com, and we’ve also furnished our press release on Form 8-K to the SEC.
On this call, we will make forward-looking statements under the safe harbor provisions of the federal securities laws. Actual results may differ materially from those contemplated in these statements. Additional information concerning factors that could cause actual results to differ from these forward-looking statements is contained in today’s press release and in our periodic filings with the SEC. Except as










