MGM Resorts International (MGM) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.817 Good afternoon, and welcome to the MGM Resource International Fourth Quarter and Full 00:00:04.817 -- 00:00:10.263 Year 2025 Earnings Conference Call. Joining the call from the company today are 00:00:10.263 -- 00:00:14.008 Bill Hornbuckle, Chief Executive Officer and President, 00:00:14.008 -- 00:00:17.271 Aisha Molino, Chief Operating Officer, 00:00:17.271 -- 00:00:22.598 Jonathan Helkier, Chief Financial Officer, Gary Fritz, Chief Commercial 00:00:22.598 -- 00:00:27.706 Officer and President of MGM Digital, Kenneth Fung, 00:00:27.706 -- 00:00:33.011 Chief Executive Officer of MGM China Holdings, and Howard Wong, Vice President, Investor 00:00:33.011 -- 00:00:34.493 Relations. 00:00:34.493 -- 00:00:39.377 Participants are in listen-only mode. After the company's remarks, there will be a question-and-answer 00:00:39.377 -- 00:00:41.239 session. 00:00:41.239 -- 00:00:45.884 In fairness to all participants, please limit yourself to one question and one follow-up. 00:00:45.884 -- 00:00:49.387 Please note, this conference is being recorded. 00:00:49.387 -- 00:00:52.130 Now, I would like to turn the call over to Howard Wong. 00:00:52.130 -- 00:00:54.590 Please go ahead. 00:00:54.712 -- 00:00:59.187 Thanks, Michael. Welcome to the MGM Resorts International fourth quarter and full year 00:00:59.187 -- 00:01:05.453 2025 earnings call. This call is being broadcast live on the internet at investors.mgmresorts.com, 00:01:06.096 -- 00:01:10.301 and we've also furnished our press release on Form 8K to the SEC. 00:01:10.301 -- 00:01:13.986 On this call, we will make forward-looking statements under the safe harbor provisions 00:01:13.986 -- 00:01:18.731 of the federal securities laws. Actual results may differ materially from those contemplated...