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

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Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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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

Las Vegas Sands

Melco Resorts and Entertainment

Wynn Resorts

Casino stocks have been volatile this year, amid the uncertain regulatory climate in Macau. The post MLCO Soars, Casino Stocks Mixed As Macau Overhang Eases appeared first on Investor's Business Daily.

MLCO Soars, Casino Stocks Mixed As Macau Overhang Eases

Shares of some casino operators surged Monday, after Macau tentatively renewed their casino licenses, after the company pledged to make investments in attractions not related to gambling, as the Associated Press reported. Las Vegas Sands Corp. shares LVS, +0.26% climbed 3.7% toward a nine-month high in premarket trading, Wynn Resorts Ltd.

MGM, Wynn, Las Vegas Sands stocks surge Macau renews license

Macao has tentatively renewed the casino licenses of MGM Resorts MGM, -0.42% , Las Vegas Sands LVS, +0.26% , Wynn Resorts WYNN, -0.57% and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday.

Macao awards casino licenses to MGM, Sands, Wynn and three others

MGM Resorts International (MGM) and Entain Plc's joint venture BetMGM continues to expand its presence.

MGM Resorts' (MGM) BetMGM Unveils Betting App in Maryland

This gambling giant looks poised for long-term success.

Want to Boost Your Portfolio? 3 Reasons to Bet on MGM Stock.

Online Platform Complements MGM National Harbor's Retail Sportsbook NATIONAL HARBOR, Md., Nov. 23, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, launched its mobile app in Maryland today  giving customers access to a variety of online betting options and benefits tied to MGM Resorts ' premier destinations nationwide, including MGM National Harbor.

BetMGM Launches Mobile Sports Betting in Maryland

Advisorshares Hotel ETF

Bluegreen Vacations 

Choice Hotels Int.

Hersha Hospitality Trust Class A

InterContinental Hotels Group

Marriott

The central thesis for buying hotel stocks right now is a belief that demand for travel will continue. And if that's true, then the best hotel stocks will offer investors a combination of value and growth.

7 Best Hotel Stocks to Buy Now

Leading Gaming Operator Partners with International Center for Responsible Gaming BEVERLY, Mass. , Nov. 22, 2022 /PRNewswire/ -- The International Center for Responsible Gaming (ICRG) announced that it has received a $180,000 grant from BetMGM, a leading sports betting and iGaming company, in support of the organization's research and education on responsible gambling and the impact advertising has on problem gambling.

BETMGM SUPPORTS NEW RESEARCH INITIATIVE ON THE IMPACT OF ADVERTISING ON PROBLEM GAMBLING

ChargePoint Holdings

CrowdStrike

Expedia

Korn/Ferry Int.

Public Storage

Exxon Mobil

Pending the runoff election in Georgia, Americans now have clarity on the balance of power in Washington, D.C. for the next two years.

7 Stocks to Buy to Profit from the Political Uncertainty

If China's economy opens up in 2023, Macao could be a major beneficiary.

3 Stocks That Could Double

DraftKings

Flutter Entertainment PLC

The sports betting industry has grown enormously recently, and with it has come many great investment opportunities, including in stocks. The internet has made it possible to bet on a range of sporting events from around the world, and smart platforms make it possible to gamble on the go.

Top 3: The best sports betting stocks for Q4 2022

MGM Resorts International beat revenue estimates but remained unprofitable in Q3.

This Casino Stock Just Had Its Best Revenue Quarter in History. Time to Buy?

A face familiar to soccer fans will grace BetMGM's marketing materials, and even one of its games.

Why MGM Resorts Stock Scored a Win on Tuesday

Legendary goalkeeper joins BetMGM to launch $250,000 bracket challenge ahead of 2022 International Soccer Matches JERSEY CITY, N.J. , Nov. 15, 2022 /PRNewswire/ -- BetMGM announced today the signing of retired U.S. soccer star Tim Howard as a celebrity brand ambassador.

BETMGM SIGNS AMERICAN SOCCER STAR TIM HOWARD AS BRAND AMBASSADOR

Icahn Enterprises

iHeartMedia

Vestas Wind Systems A/S

Identifying toxic stocks and abandoning them at an accurate time is the key to protect your portfolio from big losses. IEP, MGM, VWDRY and IHRT are a few such toxic stocks you should dump right away.

Distance Yourself From These 4 Toxic Stocks to Avoid Losses

Ally Financial

These dividend stocks should perform well, even if the economic uncertainty persists.

2 Top Dividend Stocks You Can Buy Right Now

Investors are seeking greater disclosure on public companies' exposure to uninspected audit work in the financial statements, at a time when a recent agreement allowing U.S. accounting regulators to inspect China-based audits is raising questions about unregistered auditors' role.

Macau Under Spotlight Amid U.S. Inspections of China-Based Audits

Room and Race Ticket Packages Now Available for Purchase for F1® Event November 16-18, 2023 LAS VEGAS , Nov. 10, 2022 /PRNewswire/ -- MGM Resorts International will construct one of the world's most exclusive live sports-viewing experiences for the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023, offering guests the opportunity to witness the race from grandstands built on the Bellagio lake where the resort's iconic Fountains dance daily.   For high-res images and video click here.

MGM RESORTS UNVEILS EPIC BELLAGIO FOUNTAINS GRANDSTANDS FOR FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023

The Company earns a top 25 ranking on Military Times' 2022 'Best for Vets' list, is the only Nevada-based hospitality company featured LAS VEGAS , Nov. 10, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized as one of the nation's top 25 leading employers for culture, recruitment and policies for veterans, service members and military families in the Military Times' Best for Vets: Employers list. Also, MGM Resorts was the highest ranked company overall in Nevada and second highest ranked hospitality company in the nation.

MGM Resorts International Named a Top Employer for Veterans by Military Times

LAS VEGAS , Nov. 7, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named a Leading Inclusion Index Company in the Seramount Inclusion Index. Seramount is the preeminent organization for diversity thought leaders to share best practices and develop innovative solutions for cultural change.

MGM Resorts International Recognized as a Leader in Creating an Inclusive Workplace

There could be an opportunity for investors in the casino operator if they play their cards right.

Why MGM Resorts Soared in October and Plummeted to Kick Off November

Walmart

MGM Resorts and Walmart look poised for long-term success.

Got $1,000? These 2 Stocks Could Be Genius Bets.

MGM Resorts' (MGM) third-quarter performance benefits from increased business volume and travel activity, primarily at the Las Vegas Strip Resorts.

MGM Resorts (MGM) Q3 Earnings Miss Estimates, Revenues Top

The casino operator surprised investors by reporting a third-quarter loss.

Why MGM Resorts Stock Was Sliding Today

American Airlines

More than 100 wounded warriors  and their guests to visit Las Vegas over Veterans Day weekend LAS VEGAS , Nov. 3, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 wounded warriors and their guests beginning Thursday, Nov. 10. Now in its 12th year, the five-day celebration will take place at its new home at Mandalay Bay Resort & Casino.

News for MGM Resorts Stock (MGM)