Las Vegas visitors are facing reduced services and increased fees at several MGM Resorts International properties, including the MGM Grand, as the company implements cost-cutting measures. The changes, which include reduced housekeeping frequency, removal of in-room coffee makers, and higher resort fees, come as the casino operator navigates a period of fluctuating demand and economic uncertainty.
Guests report that daily housekeeping is now offered only every three days or upon request. Resort fees have risen to as much as $55 per night, covering amenities like WiFi, fitness center access, and streaming services, whereas the removal of coffee machines has prompted additional charges for refrigerator use – $35 per day at the MGM Grand, according to guest accounts.
The cost-cutting measures coincide with a slight downturn in key performance indicators for the Las Vegas Strip. The Average Daily Rate (ADR) has decreased by 2.4 percent, and Revenue per Available Room (RevPAR) has fallen by 4.6 percent, signaling fewer guests at similar price points with diminished service levels. MGM Resorts CEO Bill Hornbuckle has acknowledged a focus on premium customers, while accepting declines in lower-priced segments, a strategy intended to protect margins.
MGM Resorts International reported fourth quarter 2025 consolidated net revenues of $4.6 billion, a 6 percent increase, exceeding estimates by 3.8 percent. Adjusted earnings per share rose significantly to $1.60, up 255.6 percent. The company’s casino business was a primary driver of this growth.
Despite these positive results, the MGM Resorts stock (ISIN US5529531015) recently traded at approximately $35.88 on the Nasdaq, down 3.37 percent on March 20, 2026. The stock is 7.5 percent below its 52-week high of $40.16, reached on August 28, 2025. Though, year-to-date, the stock has gained 1.8 percent, outperforming the VanEck Gaming ETF (BJK), which has lost 14 percent over the same period. Over the past 52 weeks, MGM’s stock has increased by 13.6 percent, exceeding the ETF’s performance by 0.7 percentage points.
Analysts currently rate the stock as a “Moderate Buy,” based on 19 recommendations, with a median price target of $43.05, representing a potential upside of 15.9 percent. Compared to competitor Caesars Entertainment (CZR), MGM has outperformed over the past 52 weeks, but lags year-to-date.
The company’s financial performance is segmented into Las Vegas Strip Resorts, Regional Operations, and MGM China. MGM Resorts’ market capitalization is approximately $9.5 billion. The company has also demonstrated corporate social responsibility, recently donating meals to TSA employees at McCarran International Airport amid potential government shutdown concerns, highlighting the tourism industry’s reliance on stable travel infrastructure.
DACH-region (Germany, Austria, and Switzerland) investors may find MGM Resorts attractive due to its exposure to the U.S. Tourism market without currency risk, given its USD listing. The sector benefits from U.S. Economic strength but is vulnerable to inflation and recessionary fears. Analysts note that MGM’s diversification into digital gaming and its presence in China offer potential advantages, similar to European casino operators like Baden-Württemberg Casinos.
Potential risks include prolonged weakness in demand due to geopolitical events or government shutdowns, vulnerability to local events on the Las Vegas Strip, and regulatory uncertainties in China. The impact of service cuts on customer satisfaction and potential boycotts remains a concern, as highlighted by negative feedback on social media platforms.
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