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

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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

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Earnings data Q4 2021

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Earnings data Q1 2023

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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

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Book value per share

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Casino operator MGM Resorts International (NYSE:MGM) expects to face a US$100 million hit from a cyberattack that shut down its computers for ten days last month. Las Vegas-based MGM updated on Thursday that the attack would incur the hefty hit to its third-quarter results, while results for the three months to September could also be affected.

MGM expects hundred million dollar hit from cyberattack

MGM Resorts International said on Thursday a cyberattack last month that disrupted its operations would cause a $100 million hit to its third-quarter results, as it works to restore its systems.

Casino giant MGM expects $100 million hit from hack that led to data breach

MGM Resorts International shares dropped 1% in the extended session Thursday after the hospitality company said that the recent cyberattack that hampered its operations is going to cost some $100 million.

MGM sees $100 million cost from recent cybersecurity attack

LAS VEGAS , Oct. 5, 2023  /PRNewswire/ -- MGM Resorts International ("MGM Resorts" or the "Company") recently disclosed that the Company identified a cybersecurity issue affecting certain of its systems and that its investigation into the issue was ongoing.  On or around September 29, 2023, MGM Resorts determined that an unauthorized third party obtained personal information of some of its customers on September 11, 2023.

MGM RESORTS UPDATE ON RECENT CYBERSECURITY ISSUE

MGM Resorts refused to pay a hackers' ransom demand in a September cyberattack that threw its Las Vegas Strip resorts into chaos, according to a person familiar with the matter.

MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos

Gambling.com Group

NEW YORK--(BUSINESS WIRE)--The American Gambling Awards is pleased to announce BetMGM (NYSE: MGM), a leading iGaming and sports betting operator, is the 2023 “Online Casino of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry. BetMGM strengthened its position as the leading iGaming operator in the United States.

BetMGM Casino Is the 2023 American Gambling Awards Online Casino of the Year

LAS VEGAS , Oct. 4, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will host a business update for analysts and investors at 11:00 a.m. Eastern Time on Monday, December 4, 2023.

BetMGM to Hold Business Update Event

LAS VEGAS , Oct. 2, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") proudly returns for the 17th consecutive year as the presenting sponsor of the annual Las Vegas Pride Parade, scheduled for Friday, October 6 in downtown Las Vegas. As a long-time sponsor of the annual Pride Parade since 2003, MGM Resorts continues to amplify its support for the LGBTQ+ community year after year.

MGM Resorts Returns as the Presenting Sponsor of the Annual Las Vegas Pride Parade

BetMGM, an iGaming and online sports betting brand of MGM Resorts (MGM) launches online mobile sports betting app in Kentucky.

MGM Resorts' (MGM) BetMGM Unveils Sports Betting in Kentucky

Retail sportsbook in partnership with Revolutionary Racing coming to Ashland this fall JERSEY CITY, N.J. , Sept. 28, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, launched today its online mobile sports betting app in Kentucky, giving customers in the Bluegrass State access to a wide variety of betting options as well as the opportunity to earn experiences at MGM Resorts' properties nationwide.

BetMGM Launches Mobile Sports Betting in Kentucky

Marks Finalization of the Certification Process  LAS VEGAS , Sept. 28, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that Osaka IR Corporation, a joint venture with ORIX Corporation ("ORIX") established to develop the Osaka IR Project, signed an agreement with Osaka Prefecture and Osaka City to implement the Specified Integrated Resort Facilities Area Development Plan for Yumeshima, Osaka.

MGM Resorts' Joint Venture Signs Implementation Agreement for Integrated Resort in Osaka, Japan

Alaska Air Group

DexCom

Etsy

Moderna

Insulet

ResMed

SolarEdge Technologies

United Continental Hlds

Outside of a handful of highflying technology stocks, U.S. stocks have been practically flat in 2023, but on Wall Street, some analysts remain as bullish as ever.

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Caesars Entertainment

Ransomware attacks are not new, but the group behind the casino breaches was extraordinarily skilled at social engineering and bypassing multi-factor authentication.

Gen Z Hackers behind MGM , Caesars breaches ‘more sophisticated' and ‘ruthless'

Maxeon Solar Technologies

vTv Therapeutics

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A recent cyberattack by a notorious hacking group targeted MGM, disrupting its Las Vegas locations. Customer-facing electronic systems remained faulty for 10 days, but are now back online.

MGM Resorts is back online after a huge cyberattack. The hack might have cost the Vegas casino operator $80 million.

The company said its hotels and casinos were back to normal operations, though digital room keys and mobile check-in were still not working.

MGM Resorts Back to Normal After Cyberattack. It's Not Helping the Stock.

LAS VEGAS — MGM Resorts MGM brought to an end a 10-day computer shutdown prompted by efforts to shield from a cyberattack data including hotel reservations and credit card processing, the casino giant said Wednesday, as analysts and academics measured the effects of the event.

MGM Resorts computers back up after 10 days following crippling cyberattack

Las Vegas Sands

Gaming companies like Las Vegas Sands (LVS) and MGM Resorts (MGM) benefit from improving visitation.

LVS or MGM: Which Gaming Stock is Better Placed at the Moment?

MGM Resorts International is projected to lose as much as $8.4 million daily until it fixes issues stemming from a cyberattack it fell victim to earlier this month.

MGM to lose up to $8.4 million each day as it resolves cyberattack

A cyber-hack at MGM Resorts International (NSX:MGM) is estimated to be carving out up to 20% of daily revenue for the casinos and hotels giant.  Tuesday will be the ninth day of the “cybersecurity issues” the company has grudgingly acknowledged.

MGM Resorts losing out on millions as cyber attack enters ninth day

Some of the world's most skilled hackers burrow into the computers of large companies, hospitals and cities.

MGM's $8 Million Cyberattack Loss

Roundhill Sports Betting & iGaming ETF

VanEck Vectors Gaming ETF

DraftKings

Flutter Entertainment PLC

Penn Entertainment

With the 2023 NFL season underway, sports bets are surging. In fact, according to the Associated Press, GeoComply Solutions — used to verify a customer's location — said it recorded 242.3 million geolocation transactions from legal U.S. sportsbooks.

7 Sports Betting Stocks Worth a Gamble as Football Season Kicks Off

Casino floors in Las Vegas looked uncharacteristically dark -- a sign that MGM has not reached an agreement with the ransomware group behind the attack, clips showed.

MGM casinos still reeling from ‘cybersecurity issue' as machines remain offline

CVS Health

Expedia

Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, made waves with his recent stock picks again. Burry's insight and strategic thinking led him to invest in three seemingly disparate industries: healthcare, travel, and entertainment.

News for MGM Resorts Stock (MGM)