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● ● MGM RESORTS MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2021 FINANCIAL AND OPERATING RESULTS ● INTERNATIONALⓇ Exhibit 99.1 Las Vegas Strip Resorts and Regional Operations Adjusted Property EBITDAR increased 21 % and 29 % , respectively , compared to the third quarter of 2019 Record Regional Operations Adjusted Property EBITDAR margins Repurchased $ 1 billion of shares of common stock through September 2021 The Company remains focused and well - positioned to maximize long - term shareholder value through its recently announced transactions and selection as Osaka's integrated resort partner in Japan Las Vegas , Nevada , November 3 , 2021 - MGM Resorts International ( NYSE : MGM ) ( " MGM Resorts " or the " Company " ) today reported financial results for the quarter ended September 30 , 2021 . " We delivered another strong quarter led by our domestic operations resulting in new historical Adjusted Property EBITDAR records for our Las Vegas Strip and U.S. regional segments . These results demonstrate the continued robust demand for our gaming entertainment offerings across the U.S. and the effectiveness of our operating model , " said Bill Hornbuckle , Chief Executive Officer and President of MGM Resorts International . " The completion of our asset light strategy will allow us to simplify our corporate structure and bolster our liquidity . I am also excited about our long - term growth prospects , including : BetMGM , which continues to establish itself as a clear leader in U.S. sports betting and iGaming ; our selection as Osaka's partner to build and operate a large - scale integrated resort in Japan ; and the announcement of our agreement to acquire the operations of The Cosmopolitan of Las Vegas . The Company remains focused on achieving our vision to be the world's premier gaming entertainment company . " " Our strong liquidity position , coupled with our confidence in the long - term recovery of our core business , has allowed us to continue to focus on maximizing long - term shareholder value . To that end , we continued to repurchase our stock in the third quarter , reaching over $ 1 billion of share repurchases since beginning the program this year , ” said Jonathan Halkyard , Chief Financial Officer and Treasurer of MGM Resorts International . " As we navigate future uses of our capital , we will remain disciplined in maintaining a strong balance sheet , pursuing targeted growth opportunities and returning cash to shareholders . " Consolidated Results Third Quarter 2021 Financial Highlights : Consolidated net revenues of $ 2.7 billion , an increase of 140 % compared to the prior year quarter . While the current quarter benefited from the removal of mandated operational and capacity restrictions as well as an increase in travel , the prior year quarter was negatively Page 1 of 14