Record Q4 Macau Results and BetMGM Profit Propel MGM Resorts
Meridian Hedged Equity Fund highlighted record Q4 Macau results and first-time profitability at BetMGM boosting MGM Resorts’ stock momentum. Shares closed at $34.14 on February 13, logging a one-month return of -2.40% and a 12-month decline of 14.24%, with a market capitalization of $9.32 billion.
1. Hedge Fund Highlights Record Macau Q4 Results
Meridian Hedged Equity Fund identified unusually strong performance at MGM’s Macau properties during Q4 2025, noting record gaming revenues that surpassed prior quarterly high-water marks and contributed significantly to portfolio gains.
2. BetMGM Turns Profitable and Plans Capital Return
The joint venture BetMGM achieved profitability for the first time in Q4, prompting its announcement of shareholder capital distributions and signaling maturing online gaming operations as a new earnings driver for MGM Resorts.
3. Recent Stock Performance and Market Capitalization
MGM Resorts shares closed at $34.14 on February 13, fell 2.40% over one month and 14.24% over the past year, and trade on a market cap of $9.32 billion, reflecting mixed investor sentiment despite recent operational milestones.