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

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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

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SG&A

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EBITDA

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Income tax payable

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Total equity

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Book value per share

Cash from operations

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Change in working capital

Cash from investing

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LAS VEGAS , Jan. 5, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2022 after the market closes on Wednesday, February 8, 2023. MGM Resorts will host a conference call that day at 5:00 p.m.

MGM Resorts International Announces Fourth Quarter and Full Year 2022 Earnings Release Date

Ubisoft Entertainment SA

UBSFY vs. MGM: Which Stock Is the Better Value Option?

UBSFY vs. MGM: Which Stock Should Value Investors Buy Now?

Hecla Mining

Illumina

Omnicell

RadNet

Investors who can correctly spot overpriced stocks and shun them at the right time can avoid big losses. Dump toxic stocks like MGM, ILMN, OMCL, HL and RDNT to prevent portfolio bleeding.

5 Toxic Stocks That Can Set Off Alarm Bells for Your Portfolio

Las Vegas Sands

Melco Resorts and Entertainment

Wynn Resorts

Galaxy Entertainment Group Ltd

Sands China Ltd

Gaming stocks ran at the head of rallying China-based stocks Tuesday, after data suggested Covid infections may have peaked in large cities. The post Gaming Stocks Rally On Tailwinds In World's Largest Gambling Hub appeared first on Investor's Business Daily.

Gaming Stocks Rally On Tailwinds In World's Largest Gambling Hub

LAS VEGAS , Jan. 1, 2023 /PRNewswire/ -- MGM Resorts International celebrated New Year's Eve in Las Vegas with an array of top entertainment. The evening was highlighted by the SelvaRey New Year's Rum Fiesta hosted by multi-GRAMMY Award winner Bruno Mars at Bellagio Resort & Casino as well as a high-energy concert by The Killers at The Chelsea Theatre at The Cosmopolitan of Las Vegas.

MGM Resorts International Rings in 2023 with Exclusive Entertainment Programming

Sports betting leader debuts in The Buckeye State with mobile and retail offerings NORTHFIELD PARK, Ohio , Jan. 1, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today the launch of mobile and retail sports betting operations in Ohio. Fans across The Buckeye State now have access to the BetMGM mobile app and can also place wagers within BetMGM's retail sportsbooks located at MGM Northfield Park and the Great American Ball Park.

BetMGM Launches Sports Betting in Ohio

Bionano Genomics

NXP Semiconductors

Plug Power

Shoals Technologies Group

Tesla

XPeng

A bull-bear battle is starting to materialize in the stock market, and I believe that the struggle will intensify in early 2023. Bears believe that we're heading for a steep recession and a horrible macro environment for stocks, and many of them are looking for unprofitable growth equities to short.

The Top 7 Stocks to Watch in 2023

MGM Resorts' third quarter results are topping pre-pandemic revenues, while the business in China is lagging behind. China's policies have changed drastically, and herd immunity might be present in 3 months.

MGM Resorts: Raise Your Bet For 2023

This casino giant could make an excellent long-term bet.

2 Reasons MGM Resorts Stock Could Skyrocket

What happens if you open the casino doors and no one comes?

Casinos Win New Macao Licenses, but Will Shares Rise?

MGM Resorts (MGM) and Entain Plc's joint venture BetMGM partners Nashville Predators for sports betting.

MGM Resorts' (MGM) BetMGM Partners Nashville Predators

LAS VEGAS , Dec. 19, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of The Mirage Hotel & Casino ("The Mirage") to Hard Rock International ("Hard Rock") for $1.075 billion in cash. "Mirage employees have delivered unparalleled service and experiences over the past three decades, and we are forever thankful for their work to make The Mirage such an iconic, world-class destination," said Bill Hornbuckle, CEO & President, MGM Resorts International.

MGM RESORTS INTERNATIONAL ANNOUNCES COMPLETION OF THE SALE OF THE OPERATIONS OF THE MIRAGE

Multi-Year Partnership Includes a BetMGM-Branded Restaurant and signage at Bridgestone Arena NASHVILLE, Tenn. , Dec. 19, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced that the company now is an Official Sports Betting Partner of the Nashville Predators.

BETMGM NAMED AN OFFICIAL SPORTS BETTING PARTNER OF NASHVILLE PREDATORS

LAS VEGAS , Dec. 19, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced that MGM Grand Paradise the concession holder of MGM China Holdings Ltd. (2282 HK), which is 56% owned by MGM Resorts International, has been awarded a new 10-year gaming concession contract.

MGM RESORTS ANNOUNCES MGM GRAND PARADISE AWARDED NEW 10 YEAR GAMING CONCESSION CONTRACT

Caesars Entertainment

Casinos and sports betting services, both physical and online, look poised for growth in the coming years.

Better Buy: MGM Resorts or Caesars Entertainment?

DZS Inc.

Icahn Enterprises

Vestas Wind Systems A/S

IEP, VWDRY, MGM and DZSI are a few toxic stocks that you should dump now to avoid portfolio bleeding.

4 Toxic Stocks That Can Drag Down Your Portfolio Performance

Macau's six incumbent casino firms are set to sign new 10-year contracts on Friday to operate in the world's biggest gambling hub, easing fears of investors and executives after a lengthy bidding process that had threatened to end one company's run.

Macau casinos' new contracts to sharpen focus on non-gaming activities

Xtrackers Harvest CSI 300 China A-Shares ETF

Alibaba

Baidu

JD.com

iShares MSCI China ETF

Pinduoduo Inc - ADR

Trip.com

China stocks booked broad losses Thursday as Covid cases appeared to be increasing. Analysts advise caution ahead of China's Lunar New Year.

Investors In China Stocks Operating Blind Under New Covid Policies

Environmental organization CDP adds MGM Resorts to its prestigious A List LAS VEGAS , Dec. 14, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized for leadership in corporate transparency and performance on climate change and water security by global environmental non-profit CDP, securing a place on the organization's annual A List. MGM Resorts recognized by CDP for climate change and water security transparency "This marketplace recognition by CDP is a reflection of our ongoing strategic prioritization of sustainability across our business operations and supply chain," said Jyoti Chopra, Chief People, Inclusion and Sustainability Officer at MGM Resorts.

MGM RESORTS INTERNATIONAL RECOGNIZED FOR CLIMATE CHANGE, WATER SECURITY TRANSPARENCY

Estee Lauder

Inmode Ltd

Ferrari

It's time to look for strong, potential breakout stocks. All as the outlook for the U.S. economy and the overall stock market start to improve.

7 Stocks on the Cusp of a Breakout

Major China stocks and ETFs shot up early Monday after the Chinese government loosened Covid restrictions over the weekend. The post China Stocks Extend Rebound On Easing Covid Restrictions appeared first on Investor's Business Daily.

China Stocks Extend Rebound On Easing Covid Restrictions

MGM (MGM) reported earnings 30 days ago. What's next for the stock?

MGM (MGM) Up 18.7% Since Last Earnings Report: Can It Continue?

Gambling.com Group

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today that it has been named "Online Casino of the Year" by the 2022 edition of the American Gambling Awards. 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 Named American Gambling Awards Online Casino of the Year

A down market day shows ongoing concerns about a host of geopolitical and macroeconomic issues.

News for MGM Resorts Stock (MGM)