MGM Resorts stock reports BetMGM trust award on October 7

Published on 10/08/2026 at 01:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MGM Resorts stock's BetMGM unit was named a most trusted online casino brand on October 7, 2026. Q2 revenue reached USD 4.45 billion, up 1 percent year over year.

Schwarzweiß-Reportagefoto einer belebten Hotel-Lobby mit Kronleuchtern — Dokumentarische Schwarzweiß-Reportage einer Hotellobby illustriert MGM Resorts ISIN US5529531015 im Gastgewerbe eindrucksvoll dokumentarisch, Illustration mit AI erstellt.

MGM Resorts International (ISIN US5529531015) said BetMGM was named a most trusted online casino brand in a study involving more than 35,000 US consumers on October 7, 2026. According to StockTitan, the recognition came through the 2026 BrandSpark American Trust Study, presented with Newsweek.

BetMGM adds a consumer signal

The award gives MGM Resorts a fresh operating datapoint for its digital business ahead of the next reporting cycle. BetMGM is jointly owned by MGM Resorts and Entain, and its October 7 recognition covers online casino trust rather than financial performance.

The distinction matters because MGM Digital delivered 20 percent year-over-year revenue growth in Q2 2026, while the segment still reported a USD 31 million adjusted EBITDA loss. That combination points to growing reach with profitability still developing.

Q2 revenue rose 1 percent

MGM Resorts posted USD 4.45 billion of Q2 2026 revenue, up 1 percent from USD 4.40 billion in Q2 2025, according to EarningsStory. Operating income reached USD 503.6 million, up 24 percent year over year, but the comparison included a USD 255.0 million gain from the sale of MGM Northfield Park operations and a USD 111.0 million goodwill impairment charge.

Net income was USD 292.4 million in Q2 2026, compared with USD 49.0 million a year earlier. The one-off property gain means the reported profit increase does not by itself describe recurring casino demand.

Analysts see upside to USD 49.33

The analyst consensus was Buy from 23 analysts, with an average price target of USD 49.33, according to Stock Analysis. The average target lies 64.43 percent above the USD 30.00 closing price, making the gap between market valuation and analyst expectations a central issue for the next earnings update.

MGM Resorts is scheduled to release Q3 2026 results after the market closes on October 28, 2026. Before then, BetMGM is scheduled to publish its Q3 business update on October 13, 2026, according to StockTitan.

Stock closed at USD 30.00

MGM Resorts stock closed at USD 30.00 on the NYSE on October 7, 2026, down 1.77 percent from the prior close. The session range was USD 29.62 to USD 30.43, while the 52-week range stood at USD 29.19 to USD 51.59.