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

Earnings data Q3 2021

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

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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

Revenue

Cost of revenue

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

MGM Resorts (MGM) and Entain Plc's joint venture ??? BetMGM?

MGM Resorts' (MGM) BetMGM on Track to Achieve Its Target

Established market leader; revenue and profitability outlook reiterated LAS VEGAS , May 12, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and digital gaming operator, is holding a virtual business update today for analysts and investors. The event will provide insights into the rapidly growing North American sports betting and iGaming marketplace, the ongoing operations of BetMGM, and how the deep integration of BetMGM's world-class assets are driving competitive advantages.

BETMGM BUSINESS UPDATE

$1M tournament to headline 2022 ARIA Poker Classic  JERSEY CITY, N.J. , May 5, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced that the first BetMGM Poker Championship is scheduled for June 23-26 at ARIA Resort & Casino in Las Vegas.

BetMGM Announces Premiere BetMGM Poker Championship

LAS VEGAS , May 5, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the publication of its 2021 Social Impact and Sustainability Report and significantly refreshed website. The report and website tell the story of the company's continuing and steadfast commitment to its Environmental, Social and Governance (ESG) principles of embracing humanity and protecting the planet.

MGM RESORTS INTERNATIONAL RELEASES 2021 SOCIAL IMPACT AND SUSTAINABILITY REPORT AND WEBSITE

LAS VEGAS , May 5, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator across North America, will hold a virtual business update for analysts and investors on Thursday, May 12 at 11 a.m. EDT. Hosted by BetMGM's management team – Adam Greenblatt, Chief Executive Officer, Gary Deutsch, Chief Financial Officer, Matt Prevost, Chief Revenue Officer and Jarrod Schwarz, Chief Product Officer – the event will provide insights into the rapidly growing North American sports betting and iGaming operations of BetMGM.

DETAILS FOR BETMGM BUSINESS UPDATE

BK Asset Management's Boris Schlossberg is hopeful that MGM Resorts International (NYSE: MGM) could climb back to its all-time high of $50 a share over the next twelve months. Schlossberg's bull case for MGM stock His positive view on the stock comes a day after MGM reported market-beating results for its fiscal Q1.

Could MGM stock climb back to its ATH of $50 a share?

Avis Budget Group

Hilton Worldwide Holdings

Should investors be going the distance for these top travel stocks?

What Stocks To Buy Today? 3 Travel Stocks For Your List

MGM Resorts International (NYSE: MGM) shares are trading lower Tuesday after the company announced financial results.  MGM said first-quarter revenue increased 73% year-over-year to $2.9 billion, which beat the $2.78 billion estimate.

What's Going On With MGM Resorts Stock Today?

MGM Resorts (MGM) first-quarter 2021 results benefit from the elimination of mandated operational as well as capacity restrictions and an increase in travel.

MGM Resorts (MGM) Stock Gains on Q1 Earnings & Revenues Beat

MGM (MGM) delivered earnings and revenue surprises of 111.11% and 3.82%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

MGM Resorts (MGM) Q1 Earnings and Revenues Surpass Estimates

MGM Resorts International (NYSE:MGM ) Q1 2022 Earnings Conference Call May 2, 2022 5:00 PM ET Company Participants Andrew Chapman - Director, Investor Relations Bill Hornbuckle - Chief Executive Officer & President Jonathan Halkyard - Chief Financial Officer & Treasurer Corey Sanders - Chief Operating Officer Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank David Katz - Jefferies Shaun Kelley - Bank of America Thomas Allen - Morgan Stanley Robin Farley - UBS Dan Politzer - Wells Fargo John DeCree - CBRE Securities Chad Beynon - Macquarie Barry Jonas - Truist Securities Ben Chaiken - Credit Suisse Operator Good afternoon, and welcome to the MGM Resorts International First Quarter 2022 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Hubert Wang, President and Chief Operating Officer of MGM China; and Andrew Chapman, Director of Investor Relations.

MGM Resorts International (MGM) CEO Bill Hornbuckle on Q1 2022 Results - Earnings Call Transcript

Positioned for Market Recovery  Maintained Market Share HONG KONG , May 2, 2022 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2022 (the "Period"). Macau and Greater China continued to be under the severe impact of the COVID-19 pandemic in 2022.

MGM China Reports 2022 First Quarter Financial Data

MGM Resorts International (NYSE: MGM) shares are trading higher during Monday's after-hours session after the company announced better-than-expected financial results. MGM said first-quarter revenue increased 73% year-over-year to $2.9 billion, which beat the $2.78 billion estimate, according.

Why MGM Resorts Stock Is Climbing After Hours

Las Vegas Strip Resorts and Regional Operations Adjusted Property EBITDAR increased 47% and 48%, respectively, compared to the first quarter of 2019 and maintained margin growth over 2019 in both the Las Vegas and Regional markets Announced offer to acquire global online gaming company LeoVegas for a total tender value of approximately $607 million Repurchased $2.8 billion of shares of common stock since January 2021 Closed transaction with MGP to VICI and continue to pursue a commercial gaming license in New York and development of an Integrated Resort in Osaka, Japan LAS VEGAS , May 2, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2022. "We delivered a strong first quarter in our domestic operations driven by weekend demand and a better mix of business.

MGM Resorts International Reports First Quarter 2022 Financial And Operating Results

MGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand its presence in Europe.

MGM Resorts offers to buy Sweden's LeoVegas for $607 million

Continuing our success and growth in digital gaming, MGM Resorts is expanding internationally with the acquisition of LeoVegas LeoVegas' global presence, strong team and technology capabilities to drive MGM Resorts' digital gaming and sports betting international development LAS VEGAS , May 2, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that it has commenced a recommended public tender offer for 100% of the shares of LeoVegas AB (publ) ("LeoVegas") at a price of SEK 61.00 in cash per share, equivalent to a total tender value of approximately $607 million i. The acquisition will be financed with existing cash and is expected to be accretive to MGM Resorts' earnings and cash flow per share.

MGM RESORTS INTERNATIONAL ANNOUNCES OFFER TO ACQUIRE GLOBAL ONLINE GAMING COMPANY LEOVEGAS

MGM Resorts (MGM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy MGM Resorts (MGM) Ahead of Earnings?

BetMGM Casino wins industry honor following a year of tremendous growth JERSEY CITY, N.J., April 27, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and digital gaming company, has been named Casino Operator of the Year at EGR North America Awards 2022.

BetMGM Named Casino Operator of the Year at EGR North America Awards 2022

The shares of MGM Resorts (NYSE: MGM) have been observing investor optimism despite sharp declines reported by peers, Wynn Resorts and Las Vegas Sands.

Why Is The Market Rewarding MGM Resorts Stock?

MGM Resorts (MGM) first-quarter 2022 results are likely to reflect gains from increased visitation in the Las Vegas market.

MGM Resorts (MGM) to Post Q1 Earnings: What's in the Offing?

Century Casinos

Scientific Games

With pandemic and economic pressures hurting long-distance travel sentiment, domestic casino stocks could benefit. The post 3 Casino Stocks to Buy as Focus Shifts to Domestic Travel appeared first on InvestorPlace.

3 Casino Stocks to Buy as Focus Shifts to Domestic Travel

MGM (MGM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MGM Resorts (MGM) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Aurora Cannabis

BAD ETF

Bally's

Canopy Growth

International Game Technology

Penn Entertainment

Boston Beer Company

Constellation Brands

Wynn Resorts

Here are the nine sin stocks (alcohol stocks, cannabis stocks, gambling stocks, sports betting stocks, etc.) to keep on your radar: MGM: More Than a Casino Stock You could say that MGM Resorts International (MGM) is a global leader in the entertainment industry, but that would be putting it lightly.

9 Sin Stocks For Your Watchlist: Alcohol, Cannabis & Casinos

DraftKings

Lindblad Expeditions

TripAdvisor

In light of United Airlines Holdings Inc. ( UAL , Financial) and American Airlines Group Inc. ( AAL , Financial) forecasting increased travel demand over the next few months, five travel stocks with high guru and insider buys are MGM Resorts International ( MGM , Financial), DraftKings Inc. ( DKNG , Financial), TripAdvisor Inc. ( TRIP , Financial), Linblad Expeditions Holdings Inc. ( LIND , Financial) and Scientific Games Corp. ( SGMS , Financial) according to the Guru and Insider Double Buys screen, a Premium feature of GuruFocus.

5 Travel Stocks Gurus and Insiders Are Booking With

One of the more fascinating -- and perhaps ironic -- facets of Wall Street is the ability to profit off some of life's most notorious and long-standing vices.

News for MGM Resorts Stock (MGM)