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

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Earnings data Q1 2023

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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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Operating expenses

SG&A

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Operating income

EBITDA

Net income

Earnings per share

Total assets

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Cash & equivalents

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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

Diageo

Altria

Constellation Brands

Molson Coors Brewing

Consider these 5 names sin stocks to buy as 'shelter-in-place' winds down, and we 'return to normal, and all that entails, good and bad.
The post 5 Sin Stocks to Buy to Profit From Pent-Up Desires appeared first on InvestorPlace.

5 Sin Stocks to Buy to Profit From Pent-Up Desires

MGM Resorts International (MGM) and GVC Holdings' joint venture, Roar Digital's sports betting brand, BetMGM and The Denver Broncos recently entered into a multi-year agreement.

MGM Resorts' BetMGM-Denver Broncos Tie Up for Sports Betting

The agreement signals more competition for mobile betting apps like DraftKings.

MGM and the Denver Broncos Give NFL Fans an Official Sportsbook at the Stadium

There's no sugarcoating a terrible year for the gambling industry.

Why Shares of MGM Resorts Plunged 49.5% in the First Half of 2020

DENVER, July 9, 2020 /PRNewswire/ -- The Denver Broncos and BetMGM, a market-leading sports betting and gaming platform from ROAR Digital, LLC – the joint venture between MGM Resorts International (NYSE: MGM) and GVC Holdings (LSE: GVC), announced today that they have entered into a...

Denver Broncos And BetMGM Agree To Multi-Year Sports Betting Partnership

Caesars Entertainment

Wynn Resorts

These stocks will tell us where the industry is going right now.

3 Top Gambling Stocks to Watch in July

MGM Resorts (MGM) continues to focus on strengthening sports betting platform to drive growth.

MGM Resorts & GVC Holdings Increase Investment in BetMGM

Traffic in Las Vegas is climbing, while a vaccine is on the way and MGM stock is still far below its highs. 
The post MGM Stock Looks Undervalued as Pandemic Halved the Share Price appeared first on InvestorPlace.

MGM Stock Looks Undervalued as Pandemic Halved the Share Price

NEW JERSEY, July 8, 2020 /PRNewswire/ -- ROAR Digital, LLC ("ROAR" or the "Company") – the US sports betting and online gaming company operating as BetMGM and owned jointly by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and GVC Holdings (LSE: GVC) ("GVC") – announced today that...

MGM Resorts International And GVC Holdings Commit To Second Round Of Investment In US Sports Betting And Online Gaming Platform BetMGM

MGM Resorts (MGM) is likely to have witnessed largest sportsbook loss in Las Vegas history on bets made after an event was underway.

MGM Resorts Bellagio Error Likely the Largest Sportsbook Loss

MGM stock purportedly has a market value of $50, but it's near-term value depends on when customers will come back after the pandemic.
The post MGM Stock Has Upside, But You’ll Have to Wait for It appeared first on InvestorPlace.

MGM Stock Has Upside, But You’ll Have to Wait for It

As 'second wave' fears accelerate, MGM stock may head lower in the near-term. But cpnsider buying the shares on weakness.

As Coronavirus Cases Surge, MGM Stock Could Head Lower

MGM stock remains attractively valued but fears of a next virus wave are weighing heavily on the highly encumbered casino operator.
The post MGM Stock Shows Signs of Life Amid Second Virus Wave Concerns appeared first on InvestorPlace.

MGM Stock Shows Signs of Life Amid Second Virus Wave Concerns

MGM Resorts (MGM) closed at $16.77 in the latest trading session, marking a -0.18% move from the prior day.

MGM Resorts (MGM) Stock Sinks As Market Gains: What You Should Know

Hospitality workers have accused two casino giants of failing to protect them from the coronavirus at their reopened Las Vegas Strip properties.

Workers sue Las Vegas casinos for failing to protect them from coronavirus

DraftKings

VanEck Investment Grade Floating Rate ETF

Gan Ltd

International Game Technology

Scientific Games

Online gambling stocks have been on fire, but there's reason to be skeptical about the industry long term.

What Is the Future of Online Gambling?

Casino workers are suing MGM Resorts International (NYSE: MGM) and Caesars Entertainment Corporation (NASDAQ: CZR), alleging failure to protect employees from the new coronavirus.

Las Vegas Casino Workers Sue Resort Owners Alleging Inadequate COVID-19 Safety Measures

MGM stock doesn't have a clear picture on the charts, while its revenue remains at risk with a jump in coronavirus cases. 
The post MGM Stock Is a Tough Buy With Surging Coronavirus Cases appeared first on InvestorPlace.

MGM Stock Is a Tough Buy With Surging Coronavirus Cases

Unions representing 60,000 hospitality workers in Las Vegas and Reno, Nevada, are suing three casino properties based on allegations of dangerous working conditions.

Unions sue three Nevada casino properties, claiming dangerous working conditions

Eldorado Resorts

Marriott

Travel and tourism stocks did well in a rising market on Monday.

Why Shares of Marriott International, MGM Resorts, and Eldorado Resorts Rose Today

Penn Entertainment

Shopify

Discover how the online gambling marketplace has developed since the lifting of federal restrictions.

Why You Must Not Ignore Online Gambling Stocks

Las Vegas Sands

MGM Growth Properties

Las Vegas gamblers could soon bet with their cellphones instead of cash as casinos try to bounce back from the coronavirus crisis, a new report says. Nevada gaming regulators approved rules last week allowing casinos to expand the use of cashless betting amid concerns about the deadly COVID-19 bug spreading on gambling floors, according to.

Las Vegas casinos could ditch cash amid coronavirus fears

Hyatt Hotels

InterContinental Hotels Group

Here are three hotel stocks to buy in long-term portfolios as the travel industry continues to recover from the pandemic.p appeared first on InvestorPlace.

3 of the Best Hotel Stocks to Buy as Vacation Travel Ramps Up

MGM Resorts has a highly leveraged balance sheet with a long-term debt nearly twice the company’s market capitalization - much higher than that for its peers, Las Vegas Sands and Wynn Resorts. As the coronavirus crisis has lowered revenue growth expectations, MGM Resorts’ stock tanked from.

Why MGM Resorts’ Stock Has Lost A Third Of Its Value Despite Upbeat Revenue Growth

Coronavirus upsurge spooks the casino operator.

News for MGM Resorts Stock (MGM)