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MGM Resorts International (MGM) risk factors: FY2025 10-K

Item 1A of the 10-K for the period ending 2025-12-31, filed 2026-02-11. 8 risk factor headings as filed. Read Item 1A in full · The whole 10-K · What changed since FY2024

0new since FY2024
0reworded
0removed
8unchanged

Headings mentioning a theme: Tariffs 0 · AI 0 · Cybersecurity 0 · China 0 · Interest rates 0. Compare across the S&P 500.

Risks Related to Our Business, Industry, and Market Conditions

7
  1. We have suspended our payment of ongoing regular dividends to our stockholders, and may not elect to resume paying dividends in the foreseeable future or at all.
  2. All of our domestic gaming facilities are leased and could experience risks associated with leased property, including risks relating to lease termination, lease extensions, charges and our relationship with the lessor, which could have a material adverse effect on our business, financial position or results of operations.
  3. A significant portion of our labor force is covered by collective bargaining agreements.
  4. Our operational efforts to expand our digital business in new geographic markets may not be successful.
  5. We are subject to risks related to corporate social responsibility and reputation.
  6. We are subject to risks and costs related to climate change.
  7. Water scarcity could negatively impact our operations.

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Risks Related to Legal and Regulatory Matters and Changes in Public Policy

1
  1. The future recognition of our foreign tax credit deferred tax asset is uncertain, and the amount of valuation allowance we may apply against such deferred tax asset may change materially in future periods.

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Headings are the lines of Item 1A set wholly in bold or italics, as the parser reads them, without the introductory paragraph that opens the section. A heading is new when no heading in the prior 10-K matches it after ignoring case and punctuation, and reworded when it shares at least 60 percent of its words with one that went away. Source: the filing on sec.gov.