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

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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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

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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

Airbnb

Expedia

As the TSA cracks down on mask use, paving the way for a safer travel environment, two traders lay out the stocks they would play to ride vacation demand.

Traders lay out a triple stock play to bet on a travel rebound

DraftKings

Flutter Entertainment PLC

Penn Entertainment

This Super Bowl has always been a huge event for sports betting. But thanks to today's market climate, betting on this year's big game may be benefitting a brand new set of stock market winners.

Americans Will Bet $4.3B On The Super Bowl, But Vegas Casino Stocks May Miss Out

LAS VEGAS, Feb. 5, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) is on FORTUNE's 2021 list of the World's Most Admired Companies, available online at www.FORTUNE.com. The survey, regarded as a definitive analysis of corporate reputation, ranked MGM Resorts among the best in...

MGM Resorts International Named A FORTUNE "World's Most Admired Company"

Delta Air Lines

Royal Caribbean Cruises

These three companies are shaping up as stocks to buy today despite the pandemic-related challenges they've faced. The post 3 Downtrodden Stocks to Buy as the Crowds Return appeared first on InvestorPlace.

3 Downtrodden Stocks to Buy as the Crowds Return

MGM Resorts (MGM) third-quarter results are likely to reflect negative impacts of temporary closure of certain domestic properties and low visitation.

Dismal Visitation to Hurt MGM Resorts' (MGM) Q4 Earnings

All eyes will be on MGM's online gambling numbers when earnings are reported.

Why MGM Resorts Jumped 5.2% Today

Churchill Downs

Genius Sports Group is the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting, and media. Genius Sports collects data from sports events, processes it, and sells it to major gambling companies to run their sportsbooks. Genius Sports currently works with 150 sportsbook companies.

Genius Sports: The 'Pick And Shovel' For FanDuel, Flutter, DraftKings, And Other Sports Betting Firms

Bally's

Boyd Gaming

Hilton Grand Vacations

Vail Resorts

Red Rock Resorts

These are the casino stocks with the best value, fastest growth, and most momentum for Q1 2021.

Top Casino Stocks for Q1 2021

Another sports-betting partnership is helping MGM Resorts today.

Why MGM Resorts' Shares Popped 5.5% on Thursday

Caesars Entertainment

Golden Nugget Online Gaming

Resilient during the pandemic, these 5 casino stocks stand to win big as iGaming and sports betting launches from coast-to-coast. The post 5 Casino Stocks With Winning Hands To Bet On In 2021 appeared first on InvestorPlace.

5 Casino Stocks With Winning Hands To Bet On In 2021

Remote monitoring enables at-risk populations to mitigate impact of social determinants of health Remote monitoring enables at-risk populations to mitigate impact of social determinants of health

Ovia Health and MGM Resorts Partner to Help High-Risk Pregnant Employees Monitor Blood Pressure from Home

Las Vegas Sands

Wynn Resorts

These casino stocks have had it tough in the past year, but should bounce back as the economy re-opens in the U.S. and other gambling spots. The post 3 Casino Stocks That Could Make a Comeback in 2021 appeared first on InvestorPlace.

3 Casino Stocks That Could Make a Comeback in 2021

LAS VEGAS, Jan. 25, 2021 /PRNewswire/ -- Award-winning mobile game developer PLAYSTUDIOS is expanding its groundbreaking partnership with hospitality and entertainment icon MGM Resorts International adding the acclaimed MGM Springfield hotel and casino resort to its collection of in-app...

PLAYSTUDIOS Expands Partnership With MGM Resorts International, Adds MGM Springfield To playAWARDS Loyalty Platform

MGM Resorts' (MGM) BetMGM supports retail offerings in Michigan with the launch of its sports betting and iGaming application.

MGM Resorts (MGM) Expands Sport Betting Options in Michigan

It's doing so with a partner that recently spurned its advances.

MGM Resorts Launches Online Sports and Casino Gambling Services in Michigan

MGM Resorts International (NYSE: MGM) announced Tuesday that it will not submit a revised proposal for Entain, its BetMGM joint venture partner. While this means MGM Resorts International's ownership will remain at 50%, the company could pursue “further structuring solutions to gain more control,” according to BofA Securities.

Bearish MGM Analyst Sees Less Sports Betting Upside Opportunity For Casino Giant

Esports Entertainment Group

Scientific Games

With sports returning to life, the growth of sports betting stocks proves that live sports is an economic and entertainment proposition. The post 8 Sports Betting Stocks Ready for Sports Resurgence appeared first on InvestorPlace.

8 Sports Betting Stocks Ready for Sports Resurgence

A big buyout in online gambling appears to be off the table.

Why MGM Resorts Shares Jumped 4.9% Today

MGM Resorts International said it's pulling the plug on its bid to acquire the gaming platform Entain, which is its BetMGM partner. After Entain rejected the company's all-stock proposal, MGM announced that it won't be making another offer.

MGM Walks Away From Acquisition Of British Gaming Platform Entain

The sports-betting company's asking price was too high, several sources say.

MGM Resorts Breaks Off Its Bid to Acquire Entain Sports Betting

MGM Resorts International said it doesn't plan to submit a revised proposal to buy Entain , the U.K. sports betting and gambling company. Entain shares dropped 15% in London action.

Entain shares nosedive as MGM says it won't go forward with offer

LAS VEGAS, Jan. 14, 2021 /PRNewswire/ -- On Monday, Jan. 18, the Las Vegas community will come together, virtually, to participate in the 39th annual Dr. Martin Luther King, Jr. Parade. MGM Resorts International (NYSE: MGM) will be the presenting sponsor of the parade for the 11th...

MGM Resorts International Sponsors the Las Vegas Dr. Martin Luther King, Jr. Annual Virtual Parade

A recovery in the gambling enclave has only been hinted at, but this could prolong the suffering.

Macao Casinos at Risk as China Warns Against Visits During February New Year Holiday

Recently, MGM Resorts made an offer to acquire Entain plc at 1,383 pence per share for a value of just over $11 to expand its presence in the global sports betting and iGaming industry. Per its Q3 2020 earnings report, MGM targets a 15-20% share of the U.S. sports betting and iGaming market [1].

Will A Potential Entain Deal Drive A Rally In MGM Stock?

Ladbrokes-owner Entain Plc said on Monday its Chief Executive Officer Shay Segev would leave the company, days after the gambling firm rejected an $11 billion takeover approach from U.S. casino operator MGM Resorts International.

News for MGM Resorts Stock (MGM)