MGM Resorts: Japan Integrated Resort Development to Ensure Diversified Growth Beyond North American & Chinese Markets! 

MGM Resorts International’s first-quarter 2025 earnings call reflected a strong performance across its various segments despite certain challenges. During the call, CEO Bill Hornbuckle highlighted broad themes of operational strength, strategic partnerships, and continued adaptation to market conditions. On the positive side, MGM saw significant momentum in its rewards program, which surpassed 50 million members, reflecting a 50% growth since 2020. This was further boosted by a successful partnership with Marriott, expected to contribute significantly to room bookings. The Las Vegas market, a cornerstone of MGM’s operations, showed resilience, bolstered by a robust events and conventions calendar, strategic room remodels, and managed room supply, keeping them competitive in a heated market.