Revenue segments as reported by the company.

Casino

Rooms

Food and beverage

Entertainment, retail and other

Reimbursed costs

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Corporate expense

Depreciation and amortization

Income from unconsolidated affiliates

Property transactions, net

Preopening and start-up expenses

Gain on REIT transactions, net

Gain on consolidation of CityCenter, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

MGM Resorts

Mandalay Bay is a 43-story luxury resort and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International. One of the property's towers operates as the Delano; the Four Seasons Hotel is independently operated within the Mandalay Bay tower, occupying 5 floors (35–39).

Mandalay Bay

Bellagio  is a resort, luxury hotel and casino on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by MGM Resorts International and was built on the site of the demolished Dunes hotel and casino. Inspired by the Lake Como town of Bellagio in Italy, Bellagio is famed for its elegance. One of its most notable features is an 8-acre (3.2 ha) lake between the building and the Strip, which houses the Fountains of Bellagio, a large dancing water fountain synchronized to music.

Bellagio

Circus Circus Las Vegas is a hotel, 123,928 sq ft (11,513.3 m2) casino, and RV park located on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by MGM Resorts International. Circus Circus features circus acts and carnival type games daily on the Midway.

Circus Circus Las Vegas

The Mirage is a 3,044 room Polynesian-themed resort and casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. The resort was built by developer Steve Wynn and is currently owned and operated by MGM Resorts International.

The Mirage

The MGM Grand Las Vegas (formerly Marina and MGM-Marina) is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada. The MGM Grand is the largest single hotel in the United States with 6,852 rooms. It is also the third-largest hotel complex in the world by number of rooms and second-largest hotel resort complex in the United States behind the combined The Venetian and The Palazzo. When it opened in 1993, the MGM Grand was the largest hotel complex in the world.

MGM Grand Las Vegas

Excalibur Hotel and Casino is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada, in the United States. It is owned and operated by MGM Resorts International. Excalibur, named for the mythical sword of King Arthur, uses the Medieval theme in several ways. Its facade is a stylized image of a castle. Until 2007, a wizard-like figure representing Merlin looked out from a high turret (since replaced by a figure advertising Dick's Last Resort). Excalibur is situated at the Tropicana - Las Vegas Boulevard intersection. The hotel is linked by overhead pedestrian bridges to neighboring casinos to the north (New York-New York, across Tropicana Avenue) and to the east (Tropicana, across the Strip). A free tram connects Excalibur to its sister MGM Resorts International properties to the south, Luxor and Mandalay Bay.

Excalibur

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan, Beau Rivage in Biloxi, Mississippi, Gold Strike Tunica in Tunica, Mississippi, Borgata in Atlantic City, New Jersey, MGM National Harbor in Prince George’s County, Maryland, and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986, and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

MGM Resorts posts record Q4 earnings, eyes growth opportunities

MGM Resorts delivered strong financial performance driven by record EBITDAR and room night growth.
The company's diverse portfolio and strategic initiatives position it well for future growth.
Challenges include dividend suspension, operational metrics scrutiny, and project uncertainties.
Opportunities lie in continued growth in Macau, digital ventures, and capital allocation strategy.

MGM Resorts reports robust Q1 performance and eyes global expansion

MGM Resorts demonstrated resilience and growth potential across regions, with a focus on profitability and sustained market share.
Strategic investments in property enhancements and digital gaming aim to drive revenue and attract diverse customer segments.
Balanced financial position enables MGM to pursue growth opportunities and navigate potential challenges effectively.
Overall, MGM's performance outlook is positive, with a strong emphasis on market expansion and operational efficiency.

MGM Resorts posts record revenues and BetMGM on track for profitability

MGM Resorts delivered strong financial results, with a focus on margin improvement, digital investments, and strategic acquisitions. BetMGM's positive trajectory towards profitability and loyalty program enhancements driving revenue growth. Challenges include regional revenue variations and competitive pressures in Macau.

MGM Resorts reports record Q3 revenue amidst cybersecurity challenges

MGM Resorts showcased strong financial performance in Q3 2023, driven by record revenues in MGM China and BetMGM, despite short-term challenges.
The company's strategic focus on reducing leverage, growing free cash flow, and prioritizing share repurchases positions it well for future growth and profitability.
Opportunities in gaming expansion in Dubai, iGaming markets, and strategic partnerships offer avenues for revenue diversification and market expansion.
Efficient management of challenges like cybersecurity issues, labor negotiations, and inflationary impacts demonstrates MGM's resilience and adaptability.

MGM Resorts achieves record Q4 results, eyes digital expansion

MGM Resorts' strong performance in 2023 sets a positive tone for 2024, with a focus on innovation, strategic expansion, and event-driven growth. While challenges exist, the company's proactive approach to opportunities positions it well for continued success.

MGM Resorts achieves record Q1 earnings, eyes global expansion

MGM Resorts delivered a standout performance in Q1 2024, driven by strong results in Las Vegas and MGM China. The company's focus on digital expansion, strategic financial decisions, and potential market expansions position it for continued growth and shareholder value creation.

MGM Resorts reports strong Q2 performance driven by luxury and digital growth

MGM Resorts' Q2 performance reflects a balanced growth strategy with a focus on luxury resorts and digital initiatives
Strong partnerships, profitability in BetMGM, and plans for share repurchases signal a positive outlook for the company
While facing challenges in a competitive market, MGM's strategic investments and focus on cash flow generation position it for future success

MGM Resorts reports record Q3 performance and outlines growth strategies

MGM Resorts delivered a robust performance in Q3, driven by record revenues and EBITDAR across segments, showcasing operational strength
BetMGM's success in profitability and online gaming highlights its strategic positioning in the digital market landscape
Challenges include managing expenses, regulatory compliance, and sustaining growth momentum amidst industry competition
Future opportunities center on strategic expansion, market diversification, and innovation to drive sustained value creation

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Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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Rising rates and a Fed determined to "break the world" is chilling the S&P 500. But some fast-growth companies are powering right through it, analysts say.

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MGM has successfully navigated through covid-19 headwinds and is on track to surpassing pre-pandemic revenue performance. MGM is the only profitable player compared to CZR and WYNN and is growing its EBITDA margins compared to its 5-year average.

MGM Resorts Is The Best Bet Among Casino Stocks Right Now

Casino operator MGM Resorts (NYSE: MGM) been profitable during the post-pandemic recovery faring much better than leading rival casinos Las Vegas Sands

Will MGM Resorts Rise to the Top of the Casino Food Chain?

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The hospitality company is remodeling one of its Las Vegas properties

Why MGM Resorts Stock Was Up on Wednesday

MGM Resorts' (MGM) BetMGM turns sports betting partner for Cincinnati Reds. The partnership emphasizes on the entitlement of a retail BetMGM Sportsbook at Great American Ball Park.

MGM Resorts (MGM) BetMGM Collaborates With Cincinnati Reds

Enhancements Feature Upgraded Technology and Bright, Refreshing Spaces Designed for Next Generation of Meetings and Events LAS VEGAS , Oct. 12, 2022 /PRNewswire/ -- Recognized as one of the country's preeminent meeting and trade show destinations, Mandalay Bay Resort & Casino unveiled details today around the $100 million remodel of its 2.1 million-square-foot convention center. Reflecting the evolving needs and preferences of contemporary meetings, significant technology upgrades, dynamic digital signage and a fresh, new design complementing Mandalay Bay's tropical ambiance highlight the remodel.

MANDALAY BAY ANNOUNCES $100M REMODEL OF 2.1 MILLION-SQUARE-FOOT CONVENTION CENTER

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It's a big week for data and earnings, and the market is down big as investors anticipate what's to come.

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Fritz will oversee company's growth in global digital gaming LAS VEGAS , Oct. 10, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today the appointment of Gary Fritz to President of MGM Resorts Interactive. Fritz will oversee and advance MGM Resorts' diversification strategy by expanding the Company's digital platforms organically and through acquisitions.

GARY FRITZ APPOINTED PRESIDENT OF MGM RESORTS INTERNATIONAL INTERACTIVE

Melco Resorts and Entertainment

China recorded 422 million domestic trips during the Golden Week holiday, which was 39% lower than the 2019 level and 18.2% less than the same period in 2021.

Casino Stocks Plunge as Chinese Stay Home for Holiday Week

JERSEY CITY, N.J. , Oct. 7, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, premiered its newest commercial campaign spot today bringing together two of hockey's iconic captains – Wayne Gretzky and Connor McDavid.

Wayne Gretzky and Connor McDavid Star in Newest BetMGM Television Spot

LAS VEGAS , Oct. 6, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized by the Institute for Supply Management® as a 2022 ISM Supply Chain Trailblazer Organizational Award recipient. Specifically, MGM Resorts was honored as a diversity champion for its accomplishments in advancing diversity within the organization and profession.

MGM RESORTS INTERNATIONAL RECOGNIZED FOR EXCELLENCE IN SUPPLIER DIVERSITY

New Products Are First League-Themed Games in North America JERSEY CITY, N.J. , Oct. 6, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced the launch of its National Hockey League® (NHL)-branded casino games including roulette, blackjack, baccarat and the new live Money Wheel game, Dream Catcher.

BetMGM Launches NHL-Branded Casino Games

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LAS VEGAS , Oct. 3, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the third quarter 2022 after the market closes on Wednesday, November 2, 2022. MGM Resorts will host a conference call that day at 5 p.m.

MGM Resorts International Announces Third Quarter 2022 Earnings Release Date

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Collaboration Marks Largest In-Building Cellular Enhancement Project in the United States LISLE, Ill. , Sept. 28, 2022 /PRNewswire/ -- ExteNet Systems, the leading privately held owner of secure 5G and fiber neutral host communications infrastructure solutions, today announced a groundbreaking partnership with MGM Resorts International (NYSE: MGM) to design, build and operate ExteNet's advanced in-building signal and connectivity solutions across all MGM properties throughout the United States.

ExteNet Systems and MGM Resorts Announce Nationwide Connectivity Partnership

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Yesterday, several gaming and casino-related stocks stole the spotlight, providing serious gains. Should investors try to tap into the resurgence of Macau?

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Melco Resorts & Entertainment and Las Vegas Sands were leading the climb among casino stocks Monday.

Macau to Reopen for Tours From Mainland China. Casino Stocks Are Climbing.

Casino stocks jumped early Monday as Macau city officials signaled China is set to ease Covid-era travel restrictions, making it much easier for people to return to globe's largest gambling

Macau Casino Stocks Soar As China Readies To Open Up Travel

Shares in Macau casino operators were set to soar between 5-13% percent on Monday morning after the city's leader said China would resume an e-visa scheme for mainland travellers and permit group tours, key catalysts which are likely to drive an increase of visits to the world's biggest gambling hub.

Macau casino shares soar after China allows tour groups after more than 2.5 years

MGM Resorts (MGM) is likely to benefit from strong leisure, sports betting and iGaming demand.

News for MGM Resorts Stock (MGM)