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

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

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

Wynn Resorts

Macau casino stocks took a huge hit on Friday following the arrest of 10 casino junket officials. On Monday, Bank of America analyst Shaun Kelley said the arrests are just the latest example of Macau being a high-risk speculative bet at this point.

Casino Analyst On Arrests Of Macau Gaming Executives: 'Difficult For Investors At The Moment'

Melco Resorts and Entertainment

Casino stocks are on falling on Monday thanks to recent news of an arrest in Macau connected to the industry and we've got the details. The post Casino Stocks: The Macau Arrest News That Has MGM, WYNN, LVS and MLCO on Red Today appeared first on InvestorPlace.

Casino Stocks: The Macau Arrest News That Has MGM, WYNN, LVS and MLCO on Red Today

LAS VEGAS, Nov. 29, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will participate in Morgan Stanley's Virtual Global Consumer & Retail Conference on Wednesday, December 1, 2021.  MGM Resorts CFO Jonathan Halkyard will also speak at a session scheduled to begin at 1:40 p.m.

MGM Resorts International CFO To Speak At The Morgan Stanley Virtual Global Consumer & Retail Conference

Brookfield Asset Management

Churchill Downs

Caesars Entertainment

DraftKings

Esports Technologies

Flutter Entertainment PLC

Penn Entertainment

Scientific Games

In 2018 PASPA was declared unconstitutional and this opened the door for legalizing sports betting. The iGaming industry is expected to grow at a CAGR of 17.3% up until 2026.

Taking A Look At The iGaming Industry

American Airlines

Carnival

Choice Hotels Int.

Delta Air Lines

Hyatt Hotels

Hilton Worldwide Holdings

InterContinental Hotels Group

JetBlue Airways

Southwest Airlines

Marriott

Norwegian Cruise Line

Park Hotels & Resorts

Royal Caribbean Cruises

Red Lion Hotels

Extended Stay America

United Continental Hlds

Marriott Vacations Worldwide

Wyndham Hotels & Resorts Inc

Wyndham Destinations Inc

Omicron is the name of the new Covid-19 variant identified by the World Health Organization and new travel restrictions are already going into effect.

Airline, Cruise, Resort Stocks Tank Big On Covid-19 Variant News

AMC Entertainment

Dave & Buster's

Entertainment companies are impacted heavily by COVID-19, and the market is reacting to variant news quickly today.

Why AMC and Entertainment Stocks Are Down Big Today

LOS ANGELES and SAN FRANCISCO, Nov. 22, 2021 /PRNewswire/ -- The Pac-12 Conference and Oak View Group (OVG) announced today US LBM, a leading distributor of specialty building materials in the United States, will be the exclusive naming rights partner for the upcoming inaugural Pac-12 Coast-to-Coast Challenge. Presented by MGM Resorts International, in partnership with OVG, Basketball Promotions & Events (BPE), and T-Mobile Arena, a men's and women's basketball non-conference scheduling series Dec. 19 college basketball doubleheader at T-Mobile Arena (3780 Las Vegas Blvd.

US LBM Scores Exclusive Naming Rights for Inaugural Pac-12 Coast-to-Coast Challenge

A sharp surge in new COVID-19 cases is sending Europe into another lockdown, and Veritas Financial Group's Greg Branch says turning to reopening names might not be the best way to go yet. Greg Branch's comments on CNBC's ‘Squawk Box' On CNBC's “Squawk Box”, Branch revealed he wasn't expecting the United States to see a […] The post Pro: stay away from hotels and airlines stocks until more clarity appeared first on Invezz.

Pro: stay away from hotels and airlines stocks until more clarity

Quest Diagnostics

Disney

Hertz

Pfizer

With the Biden administration making the move to open U.S. land borders with Canada and Mexico, these stocks to buy can get a boost. The post 7 Stocks to Buy as America Lifts Its Travel Ban appeared first on InvestorPlace.

7 Stocks to Buy as America Lifts Its Travel Ban

Heavy-handed restrictions continue to weigh on casinos in China while their U.S. counterparts enjoy expanding freedom.

Las Vegas Is a Better Bet as Macao Gambling Revenue Tumbles

Cinemark Holdings

Krispy Kreme

Netflix

NVIDIA

SoFi Technologies

Hostess Brands

Exxon Mobil

The week started off strong, with the major benchmarks extending their series of record closing highs into Monday, with help from the long-awaited passage of the $1 trillion infrastructure bill.

Volatile Week Ends in Benchmarks Snapping Win Streak

LAS VEGAS and NEW YORK, Nov. 12, 2021 /PRNewswire/ -- Las Vegas will be the center of the blockchain world when MGM Resorts and Real Vision partner to host The Takeover, a premier blockchain conference taking place December 9-11 at ARIA Resort & Casino, Bellagio Resort & Casino, Park MGM Las Vegas, NoMad Hotel Las Vegas, and MGM Grand Hotel & Casino. The conference will feature an impressive lineup of speakers and exclusive guests including CEOs, founders, visionary leaders, economic advisors, venture capitalists, and strategists.

MGM Resorts, Real Vision Announce Program Lineup And Exclusive Guests For Blockchain Conference

The shares of MGM Resorts International (NYSE: MGM) have been falling from their recent Nov. 8, 13-year peak of $51.17.

Casino Stock's Tumble From Peak Could Be Short-Lived

Austerlitz Acquisition Corporation I

Cannae Hlds

This company will be going head-to-head with much larger players.

Why 1 Investor Is Watching This Gambling SPAC Very Closely

LAS VEGAS, Nov. 9, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) is recognized as a leading employer for culture, recruitment and policies for veterans, service members and military families by Military Times. MGM Resorts jumped up 40 places since 2019 and is the only hospitality company based in Nevada to be featured on the list.

MGM Resorts International Ranked On Military Times' Best for Vets: Employers 2021 List

MGM Resorts is outperforming the competition everywhere right now.

MGM Resorts Continues to Make All the Right Moves

Abbott Labs

Earnings reports for S&P 500 stocks have been exceptionally good so far. Here are 10 stocks to buy that have delivered in Q3.

10 S&P 500 Stocks to Buy After Winning in Q3

News for MGM Resorts Stock (MGM)