MGM Resorts International has signed a new long-term branding deal with MGM China Holdings, strengthening the partnership as MGM China continues to post solid financial results. The updated agreement kicks in on January 1, 2026, and will run through the end of Macau’s current gaming concession in 2032. If Macau grants another concession after that, the deal will automatically extend until either that new concession ends or December 31, 2045, whichever comes first. Under the new terms, MGM China will pay a higher monthly license fee, increasing from 1.75% to 3.5% of its adjusted consolidated net monthly revenue, calculated under IFRS standards. The fee will be capped annually based on factors like business volume, in line with Hong Kong Stock Exchange rules. MGM Resorts will receive about two-thirds, or 66.6%, of that fee. MGM China branding agreement will no longer need to be hammered out One big change is that the agreement no longer needs to be renegotiated every three years. That gives MGM China long-term brand stability, while MGM Resorts secures ongoing compensation for …