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

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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

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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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DraftKings

Everi

Gan Ltd

Las Vegas Sands

Melco Resorts and Entertainment

Penn Entertainment

Wynn Resorts

2021 might be a great year to bet on gambling stocks.

Why Your 2021 Resolution Should Be to Buy More Gambling Stocks

Is now the time for investors to roll the dice on this struggling casino stock?

Where Will MGM Resorts Be in 1 Year?

Casino operator MGM Resorts International said on Friday its largest shareholder, InterActiveCorp, supports its $11 billion takeover approach for Ladbrokes owner Entain Plc.

MGM's largest shareholder backs potential offer for Ladbrokes owner

IAC/InterActiveCorp

LAS VEGAS, Jan. 8, 2021 /PRNewswire/ -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT DOES...

MGM Resorts International Confirms Receipt of Support Letter from IAC/InterActiveCorp

Selling part of its 56% stake in MGM China would give the resort operator money to pursue other opportunities.

Investor Urges MGM Resorts to Sell Off Stake in China Operations

MGM Resorts has rebounded on hopes that Covid vaccines will revive casinos. But is MGM stock a buy now?

Is MGM Stock A Buy Now? MGM Resorts Wagers On Covid Vaccinations, Sports Betting

LAS VEGAS, Jan. 6, 2021 /PRNewswire/ -- The MGM Resorts International ("MGM Resorts") (NYSE: MGM) Board of Directors acknowledges Snow Lake Capital's letter related to MGM China Holdings Limited ("MGM China"), a separate, publicly traded company. MGM Resorts remains committed to Macau and...

MGM Resorts International Statement On Snow Lake Capital Letter

Bally's

Caesars Entertainment

DraftKings and other gaming stocks got a boost Wednesday as New York Gov. Andrew Cuomo seems closer to allowing online sports betting in the state.

DraftKings, MGM, Other Gaming Stocks Rise As New York Gov. Cuomo Eyes Legalizing Online Sports Betting

Gov. Cuomo to embrace online betting --- says New York could be 'largest sports wagering market in the United States'

Sports betting stocks jump as New York Gov. Cuomo says he supports online sports gambling

Is a huge buyout a shrewd move or an overpay for MGM Resorts?

MGM Resorts Makes Bid For Sports Betting Dominance

HONG KONG--(BUSINESS WIRE)--Snow Lake Capital Limited, a leading Asian alternative investment management firm with over US$3 billion in assets under management, today sent a letter to the MGM Resorts International (NYSE: MGM) (“MGM” or the “Company”) Board of Directors urging them to sell 20% of their MGM China Holdings Limited (HKEX: 2282 HK) (“MGM China”) business to a Chinese company as a strategic investor. Snow Lake beneficially owns 7.5% of the outstanding shares. Snow Lake's letter to th

Snow Lake Capital Sends Letter to MGM Resorts' Board of Directors

Recovery in China's gambling mecca is taking longer than expected.

Macao Gambling Revenue Tumbles Another Disappointing 66% in December

MGM Resorts' (MGM) BetMGM continues to expand sports betting footprint. The company has launched its sports betting app in Iowa.

MGM Resorts' (MGM) BetMGM Launches Sport Betting in Iowa

The casino operator is trying to take full ownership of a sports betting partner.

Why MGM Resorts Dropped 6% Today

Entain, listed on the FTSE 100, owns Ladbrokes Coral, Bwin, and Partypoker, among other betting brands.

MGM's $11 Billion Offer for an Online Gambling Giant Was Rejected. Here's What to Expect.

LAS VEGAS, Jan. 4, 2021 /PRNewswire/ -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION THIS ANNOUNCEMENT DOES...

MGM Resorts International Responds And Clarifies News Reports Related To A Possible Offer For Entain plc

MGM Resorts (MGM) continues to focus on sports-betting expansion. BetMGM announces new bid to purchase U.K.-based gaming company Entain.

MGM Resorts (MGM) Seeks to Acquire Entain With New Offer

The companies' BetMGM online sports betting venture has been expanding quickly in the U.S.

MGM Seeks $11 Billion Takeover of Partner Entain

In a report on Sunday, the Wall Street Journal said that MGM Resorts International (NYSE: MGM) plans on buying Entain plc. The agreement with the British gaming company, the report added, will help the casino operator expand its footprint in the online gambling business.

MGM Resorts wants to buy Entain plc to expand its footprint in online-gambling

The casino operator is in a good position for this year in more ways than one.

MGM: A Top Bet for 2021?

MGM Resorts International is attempting to buy the owner of British gambling brand Ladbrokes, making it the latest US casino operator to place a significant wager on the fast-growing online betting industry during the pandemic.

MGM makes $11 billion bid for UK gambling group

A combination could create one of the few large gaming companies in the world with a significant online and bricks-and-mortar presence. It would follow other recent consolidation in the industry.

MGM makes $11B offer for Ladbrokes owner Entain

(Reuters) -Ladbrokes owner Entain Plc said on Monday an $11 billion bid proposal from U.S. casino operator MGM Resorts significantly undervalued its business in the latest transatlantic move in a fast consolidating sector.

Ladbrokes owner Entain receives $11 billion takeover offer from MGM

MGM Resorts International is trying to acquire Entain, the British parent of major online-gambling player Ladbrokes, the Wall Street Journal reports. The Journal said the cash and stock offer for the company, which is valued at about $9 billion, follows a $10 billion cash-only offer that Lanbrokes rejected.

MGM Makes Offer To Buy British Gaming Company Entain, Report Says

Roundhill Sports Betting & iGaming ETF

VanEck Vectors Gaming ETF

These gambling stocks to buy are poised for a recovery and possible strong gains in 2021 as a return to normal conditions is expected. The post 4 Gambling Stocks Set for a Bull Run in 2021 appeared first on InvestorPlace.

News for MGM Resorts Stock (MGM)