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

DraftKings

Las Vegas Sands

Wynn Resorts

There's no reason to expect a rebound this year or next.

Las Vegas Casinos Have No Recovery in Sight

Penn Entertainment

Although BofA Securities sees DraftKings Inc. (NASDAQ: DKNG) and FanDuel as the initial captains of the sports betting space, analyst Shaun Kelley said both Penn National Gaming Inc. (NASDAQ: PENN) and MGM Resorts International (NYSE: MGM) “are formidable opponents” that continue to grow market share in the states where online gambling is legal. BofA's Sports Betting Takeaways: MGM, through its BetMGM platform, currently holds the No.

Why BofA Sees $2B Opportunity In Canadian Sports Betting

MGM Resorts International (NYSE: MGM) has announced that 24/7 hotel operations will resume at three of its Las Vegas properties — Mandalay Bay, Park MGM and The Mirage — on March 3. What Happened: The decision is based on increased tourism interest in Las Vegas, the company said.

MGM Resorts International To Fully Reopen Three Las Vegas Properties

LAS VEGAS, Feb. 17, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will resume 24/7 hotel operations at Mandalay Bay, Park MGM and The Mirage resorts effective March 3. The change comes as the Company sees increased interest in travel to Las Vegas. Previously, each property...

MGM Resorts Resuming 24/7 Operations At Mandalay Bay, Park MGM And The Mirage On March 3

Expedia

H&R Block

Interactive Brokers

Grand Canyon Education

Opendoor

Under Armour

Although an intensely controversial issue, if the Biden administration succeeds in pushing student loan relief, these may be the best stocks to buy. The post 7 Stocks to Study Up on If Student Loan Relief Happens appeared first on InvestorPlace.

7 Stocks to Study Up on If Student Loan Relief Happens

MGM Growth Properties

MGM Growth Properties LLC (MGP) CEO James Stewart on Q4 2020 Results - Earnings Call Transcript

Casinos still face strong headwinds, but this resort operator has one major defense against them.

Forget Las Vegas Sands, MGM Resorts Is a Better Casino Stock

Carnival

Norwegian Cruise Line

Royal Caribbean Cruises

Choice Hotels Int.

Hyatt Hotels

Hilton Worldwide Holdings

InterContinental Hotels Group

Marriott

Park Hotels & Resorts

Red Lion Hotels

Extended Stay America

Marriott Vacations Worldwide

Wyndham Hotels & Resorts Inc

Wyndham Destinations Inc

Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce back when the pandemic recedes.

Investors eye shares of hotels, cruise lines as U.S. vaccinations pick up

Caesars Entertainment

And with the convention business dead, casinos face a difficult recovery.

Las Vegas Visits Plunge 64% in December

Earnings are showing improvement, but there's a lot of uncertainty for 2021.

Why Shares of MGM Resorts Fell 5% on Thursday

MGM Resorts has rallied recently as vaccines roll out with sports betting providing an extra boost.  But is MGM stock a buy now?

Is MGM Stock A Buy With Online Betting Seen Jumping?

Anheuser-Busch InBev

LAS VEGAS, Feb. 11, 2021 /PRNewswire/ -- Mandalay Bay Resort and Casino today announced it has entered into a multi-year naming rights agreement with industry-leading beverage company Anheuser-Busch. The deal, negotiated by MGM Resorts International, will rename the resort's 12,000-seat...

Mandalay Bay and Anheuser-Busch Announce Multi-Year Naming Rights Partnership for Sports and Entertainment Venue

MGM Resorts' (MGM) fourth-quarter 2020 results hurt by lower business volume, and other restrictions in Macau and domestic market due to the coronavirus pandemic.

MGM Resorts (MGM) Posts Narrower-than-Expected Loss in Q4

MGM Resorts International's (MGM) CEO William Hornbuckle on Q4 2020 Results - Earnings Call Transcript

MGM (MGM) delivered earnings and revenue surprises of 6.25% and 1.49%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

MGM Resorts (MGM) Reports Q4 Loss, Tops Revenue Estimates

Uber

Earnings results are providing many different angles on the state of the economy.

Markets Finish Mixed as Uber, MGM Fall Back After Hours

MGM Resorts topped Q4 estimates, and the casino giant predicted its online betting app will more than double revenue this year. The post MGM Resorts Beats Views, Sees BetMGM Revenue Up 'Well Over 100%' appeared first on Investor's Business Daily.

MGM Resorts Beats Views, Sees BetMGM Revenue Up 'Well Over 100%'

Shares of MGM Resorts Intl (NYSE:MGM) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 1225.00% year over year to ($0.90), which were in line with the estimate of ($0.90).

Recap: MGM Resorts Intl Q4 Earnings

MGM Resorts International posted a quarterly loss compared with a year-ago profit on Wednesday, as COVID-19 travel restrictions dented business for the casino operator.

MGM Resorts posts quarterly loss on pandemic pain

LAS VEGAS, Feb. 10, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2020. "We remain confident in the long-term recovery of our business. We have strengthened our...

MGM Resorts International Reports Fourth Quarter And Full Year 2020 Financial And Operating Results

iRobot

Zynga

Wednesday morning's earnings reports mark the halfway point in this busiest week of earnings season.

Earnings Previews: iRobot, MGM Resorts, Uber and Zynga

Flutter Entertainment PLC

Sports betting apps like FanDuel, DraftKings, Penn National Gaming app and BetMGM experienced technical issues right before the Super Bowl on Sunday (Feb. 7), CNBC reported. As the game was about to start, technicians tried to fix issues on those platforms and others in order to help placate disgruntled fans, according to CNBC.

Sports Gambling Sites Run Into Technical Issues During Super Bowl

It was supposed to be one of the biggest nights of the year for gambling sites, instead they couldn't handle the traffic.

Sports gambling sites crash during football's biggest game

MGM Resorts International (NYSE: MGM) shares traded higher on Monday after the company landed an analyst upgrade as it continues to roll out its BetMGM sports betting app. The Analyst: Bank of America analyst Shaun Kelley upgraded MGM from Underperform to Neutral and raised his price target from $25 to $35.

BofA Upgrades MGM Resorts: 'Could Become A Story Stock'

Align Technology

The S&P 500 wrapped up its best week since Nov 6, climbing 4.6% on renewed optimism in the markets.

News for MGM Resorts Stock (MGM)