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

Earnings data Q2 2023

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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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Gross profit

Operating expenses

SG&A

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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

That's problematic for MGM and rivals that depend on the Strip for significant chunks of earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue. In fact, the Mirage operator and its Sin City brethren are being hit on multiple fronts.

American Needs a Covid-19 Vaccine — And So Does MGM Resorts

The rebound of Las Vegas and IAC's huge investment in MGM stock definitely make the shares worth buying at this point. The post Here’s Why MGM Is a Great Buy appeared first on InvestorPlace.

Here’s Why MGM Is a Great Buy

MGM Resorts International said Thursday it proposes to offer $500 million in senior debt due 2028. The hotel and casino operator said it expects to use the proceeds from the offering for general corporate purposes and to refinance current debt.

MGM Resorts to offer $500 million in senior debt

LAS VEGAS, Oct. 7, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) is recognized for making significant investments in clean energy according to the latest Solar Means Business report released today by the Solar Energy Industries Association (SEIA). The annual report tracks...

MGM Resorts Recognized for Making Significant Investments in Clean Energy by the Solar Energy Industries Association

Caesars Entertainment

Wynn Resorts

MGM and Wynn last week both announced plans to implement rapid COVID testing in what may be a prelude to broad visitor testing that could make Las Vegas one of the safest destination on the planet.

Las Vegas: Bubble City

VanEck Investment Grade Floating Rate ETF

Sports betting is gaining traction in the U.S., and the players available to invest with are starting to become clear.

3 Top Sports Betting Stocks to Buy in October

Las Vegas Sands

Melco Resorts and Entertainment

Macau casino GGR declined in September owing to dismal footfall. Moreover, GGR declined 90% or more for the sixth straight month.

Macau Gaming Revenues Drop in September: Will the Slump Stay?

Scientific Games

The shares of Scientific Games have gained 30% since the beginning of the year as compared to MGM Resorts which is still down by 35%. Both stocks are heavily loaded with debt, but MGM Resorts has a much lower debt-to-capital ratio of 0.55 as compared to 1.31 for Scientific Games.

Riskier Gaming Stock: MGM Resorts Or Scientific Games?

The casino company and Wynn also have plans to safely host conventions.

MGM Resorts Reopens Its Last Casino Since COVID-19 Closures: Here's What It Will Look Like

Ardagh Group

Berry Global Group

Carvana

eBay

Etsy

Ford Motor Company

Tesla

Wayfair

These are the consumer discretionary stocks with the best value, fastest growth, and most momentum for October 2020.

Top Consumer Discretionary Stocks for October 2020

LAS VEGAS, Sept. 29, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced a comprehensive plan designed to facilitate the safe return of meetings and conventions at the company's properties in Las Vegas and throughout the United States, subject to local regulations...

MGM Resorts International Announces Comprehensive Health And Safety Plan For Meetings And Conventions

MGM Resorts (MGM) and GVC Holdings' joint venture Roar Digital's sports betting brand ??? BetMGM?

MGM Resorts (MGM) & Tennessee Titans Announce Partnership

The risks of betting on MGM stock are simply too great at a time when the novel coronavirus has decimated destination travel.
The post MGM Stock Is Not Worth the Gamble appeared first on InvestorPlace.

MGM Stock Is Not Worth the Gamble

NASHVILLE, Tenn., Sept. 28, 2020 /PRNewswire/ -- The Tennessee Titans announced today that BetMGM, the joint venture between MGM Resorts International (NYSE: MGM) and GVC Holdings (LSE: GVC), is the team's first Official Sports Betting Partner. The announcement marks a historic moment in...

Tennessee Titans Announce BetMGM As First Official Sports Betting Partner

Churchill Downs

DraftKings

Gan Ltd

Flutter Entertainment PLC

Penn Entertainment

Sports betting stocks are one of the hottest areas of the market right now, and industry experts expect more of the same in the years ahead.
It's difficult to get a pulse of exactly how big the industry might become; estimates for the size of the sports betting market vary greatly in size and time horizon.

7 Best Sports Betting Stocks to Wager On

MGM Resorts (MGM) closed the most recent trading day at $21.38, moving -1.11% from the previous trading session.

MGM Resorts (MGM) Stock Moves -1.11%: What You Should Know

The casino industry is in better shape than many investors think.

Why Casino Stocks Are a Great Buy Today

American Express

Disney

Expedia

Southwest Airlines

Marriott

Royal Caribbean Cruises

There are several stand out travel stocks to buy now, as each is bound to return with a vengeance in 2021 with the rise of tourism.
The post 7 Travel Stocks to Buy Ahead of Renewed Demand in Tourism appeared first on InvestorPlace.

7 Travel Stocks to Buy Ahead of Renewed Demand in Tourism

Ruth's Hospitality Group

Discretionary stocks in the casino and restaurant industries took a dive on fears of another spike in coronavirus cases.

Why Ruth's Hospitality, MGM Resorts, and Melco Resorts Pulled Back Today

Odds are good this is where the resorts start their recovery.

Here's Why You Should Buy Macao Casino Stocks Before October

MGM Resorts (MGM) and GVC Holdings' JV, BetMGM, continues to focus on sports betting expansion in Nevada.

MGM Resorts' BetMGM Turns Partner for Las Vegas Raiders

LAS VEGAS, Sept. 17, 2020 /PRNewswire/ -- BetMGM, the joint venture between MGM Resorts International (NYSE: MGM) and GVC International (LSE: GVC), and the Las Vegas Raiders announced today that BetMGM is now An Official Sports Betting Partner of the Raiders. The partnership is an...

BetMGM Named First Official Sports Betting Partner of Las Vegas Raiders

Bluegreen Vacations

Boyd Gaming

Hilton Grand Vacations

Vail Resorts

These are the casino stocks with the best value, profitability, and most momentum for Q4 2020.

Top Casino Stocks for Q4 2020

IAC/InterActiveCorp

Why MGM's future looks much brighter than its current struggles indicate.

News for MGM Resorts Stock (MGM)