Revenue segments as reported by the company.

Casino

Rooms

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Entertainment, retail and other

Reimbursed costs

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

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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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MGM Resorts International (NYSE:MGM ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Andrew Chapman - Director, IR Bill Hornbuckle - CEO and President Jonathan Halkyard - CFO Corey Sanders - COO Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank David Katz - Jefferies Shaun Kelley - Bank of America Dan Politzer - Wells Fargo Chad Beynon - Macquarie John DeCree - CBRE Securities Robin Farley - UBS Barry Jonas - Truist Securities Operator Good afternoon and welcome to the MGM Resorts International Second Quarter 2022 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Hubert Wang, President and Chief Operating Officer of MGM China; and Andrew Chapman, Director of Investor Relations.

MGM Resorts International (MGM) CEO Bill Hornbuckle on Q2 2022 Results Earnings Call Transcript

MGM (MGM) delivered earnings and revenue surprises of -87.50% and 7.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

MGM Resorts (MGM) Q2 Earnings Lag Estimates

To Participate in Public Tender of Macau Gaming Concession Full Confidence in Macau Future Development HONG KONG , Aug. 3, 2022 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced selected unaudited financial data of the Company and its subsidiaries (the "Group") for the second quarter and the first half of 2022. Macau and Greater China are under the adverse impact of the COVID-19 pandemic in 2022.

MGM China Reports 2022 First Half Results

Record Las Vegas Strip Adjusted Property EBITDAR and record second quarter Regional Operations Adjusted Property EBITDAR Acquired the operations of The Cosmopolitan of Las Vegas; announced the sale of the operations of Gold Strike Tunica for $450 million Repurchased $1.1 billion of shares of common stock during the second quarter, or 8% of outstanding shares Continue to pursue a commercial gaming license in New York and development of an Integrated Resort in Osaka, Japan LAS VEGAS , Aug. 3, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2022. "Our second quarter results were outstanding, representing the best ever Adjusted Property EBITDAR quarter at the Company's Las Vegas Strip Resorts and best second quarter Adjusted Property EBITDAR at our Regional Operations driven by consistent strong demand from the leisure consumer and a return from our convention customers," said Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International.

MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2022 FINANCIAL AND OPERATING RESULTS

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There are two ways to think about dividend growth stocks. You can view them as companies consistently increasing their annual dividend payment, such as the Dividend Aristocrats, which are individual S&P 500 stocks that have raised their dividend annually for 25 consecutive years or more.

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MGM Resorts' (MGM) second-quarter 2022 performance is likely to benefit from sports betting expansion, digitalization efforts and its loyalty program.

Factors Setting the Tone for MGM Resorts' (MGM) Q2 Earnings

Reservations now available for unprecedented dining concept in  exquisite landmark destination Click here  to download b-roll and high-res photos LAS VEGAS , July 26, 2022 /PRNewswire/ -- The iconic Bellagio Conservatory & Botanical Gardens unveiled one of Las Vegas' most exclusive dining experiences with the debut of The Garden Table. Available for brunch or dinner, The Garden Table invites guests to enjoy an epicurean adventure at a table set within the spectacular beauty of Bellagio's stunning floral masterpiece.

BELLAGIO DEBUTS ONE OF A KIND IMMERSIVE DINING EXPERIENCE WITHIN ICONIC CONSERVATORY

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As more states legalize sports betting, the market is growing quickly.

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MGM has a lot of resilient pieces, especially when compared to some formerly more exposed Las Vegas peers like Las Vegas Sands. In particular, the regional exposures are attractive.

Can MGM Resorts Stock Reach $50 Again? It's Likely Eventually

MGM Rewards Named Title Sponsor of All-Star Celebrity Softball Game & Presenting Sponsor of All-Star Saturday Extra Innings Musical Performance; BetMGM Continues as an Official Sports Betting Partner NEW YORK , July 14, 2022 /PRNewswire/ -- Major League Baseball (MLB), MGM Resorts International (NYSE: MGM) and BetMGM, a leading sports betting and digital gaming operator, today announced the renewal and expansion of an integrated, historic partnership that, in 2018, designated MGM Resorts as MLB's first Official Gaming Sponsor. Under the renewed, multi-year agreement, BetMGM will continue to be an Official Sports Betting partner of MLB, domestically marketing its brand and gaming options across a variety of league and team platforms including MLB Network, MLB.com and the portfolio of MLB apps.

MAJOR LEAGUE BASEBALL EXPANDS WIDE-RANGING PARTNERSHIP WITH MGM RESORTS INTERNATIONAL & BETMGM

Red Rock Resorts

MGM and Wynn Resorts CEOs discuss the looming recession at CNBC's Evolve Global Summit.

Casino CEOs say the industry isn't yet seeing signs of recession, but is prepared for a pullback

MGM Resorts (MGM) is likely to benefit from robust demand for sports betting, loyalty program and improving domestic operations.

MGM Resorts (MGM) Down 31% in Past 3 Months: Is Revival Likely?

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Stocks like MGM Resorts (MGM), Melco Resorts & Entertainment (MLCO), Wynn Resorts (WYNN) and Las Vegas Sands (LVS) decline after Macau announces shutdown.

Casino Stocks Plummet After Macau Declares Shutdown

China's gambling capital has shut down operations for the first time since February 2020 in an attempt to curb its worst outbreak of Covid-19 yet.

Big US casino operators like Wynn and MGM stand to lose millions after China's gambling capital of Macau shut down operations to curb Covid

Gambling stocks traded sharply lower on Monday morning as Macau casinos shut down for a week. In response, one Wall Street analyst cut his price targets for U.S.-listed casino stocks with exposure to Macau.

Macau Lockdown Slashes Targets For Las Vegas Sands, MGM, Wynn — Try These 3 US Casino Stocks Instead

Macau, which has a population of about 650,000, has recorded more than 1,500 cases since mid-June.

MGM and Wynn Stocks Fall as Macau Shuts Down Casinos Due to Covid

Casino stocks were a staple of many portfolios for years, and with the expansion into Macau, China, they were considered a cash cow.

Why Citigroup Is Feeling Lucky on These Casino Stocks

H&R Block

Marriott

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Wyndham Hotels & Resorts Inc

We have narrowed our search to five consumer discretionary stocks. These are: MAR, MGM, HRB, WH, NXST.

5 Stocks to Buy for 2H From the Worst-Performing Sector in 1H

LAS VEGAS , July 6, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2022 after the market closes on Wednesday, August 3, 2022. MGM Resorts will host a conference call that day at 5 p.m.

MGM Resorts International Announces Second Quarter 2022 Earnings Release Date

Virtual registration open to HBCU students nationwide in Fall 2022 DALLAS , June 29, 2022 /PRNewswire/ -- The Tom Joyner Foundation, a driving force behind scholarship distribution and fundraising for Historically Black Colleges and Universities (HBCUs), and BetMGM, a leading sports betting and iGaming operator, are partnering to offer an Executive Series to HBCUs nationwide beginning this Fall. The partnership will offer HBCU students the opportunity to network with BetMGM executives and navigate the recruitment process in preparation for career opportunities at the company after graduation.

The Tom Joyner Foundation and BetMGM Offer Executive Series to HBCU Students

QR codes across The Strip offer chances to win incredible prizes including VIP access to some of the country's biggest sporting events; Vegas' best entertaining, dining and resort experiences; exclusive flight to Vegas with Usher and more LAS VEGAS , June 29, 2022 /PRNewswire/ -- Let the Quest begin! Today, MGM Rewards, MGM Resorts' reimagined loyalty program, kicks off "The Wild Wild Quest," an over-the-top scavenger hunt for "hidden" QR codes across The Strip that could unlock access to the craziest Vegas vacation grand prize ever including flying in a private jet to Las Vegas with global megastar and eight-time GRAMMY Award-winner Usher, who launches his new residency at Park MGM on July 15.

MGM REWARDS LAUNCHES 'WILD' LAS VEGAS SCAVENGER HUNT GIVING PARTICIPANTS A CHANCE TO WIN ONE OF 100 MAJOR PRIZES, INCLUDING PRIVATE FLIGHT WITH USHER

China lightens quarantine requirements for inbound travelers.

Why MGM Resorts Stock Topped the Market Today

Casino stocks are on a roll today after China announced it will ease Covid-19 lockdowns. Here's what investors need to know.

Casino Stocks WYNN, LVS, MGM, MLCO Gain on Easing Covid-19 Restrictions

Apple

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Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Inflation isn't going to be terrible for all companies.

News for MGM Resorts Stock (MGM)