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

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Earnings data Q1 2022

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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

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

MGM has a relatively low exposure to Macao which could benefit its revenues. However, a second Coronavirus wave could cripple MGM stock 
The post Fears of a Second Coronavirus Wave Make MGM Stock a Risky Bet appeared first on InvestorPlace.

Fears of a Second Coronavirus Wave Make MGM Stock a Risky Bet

MGM Resorts International MGM, -8.28% said it will require that all guests wear face masks inside public spaces at all of its U.S.

MGM Resorts to require all guests at U.S. venues to wear face masks starting Friday

The hospitality industry is one of the hardest hit, with demand falling more than 90%. Deserted casinos and resorts aren’t an uncommon sight right now.

Deserted Resorts & Casinos: Does MGM Have Enough Cash To Survive?

LAS VEGAS, June 24, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced that it will require masks for all guests and visitors inside public spaces at every MGM Resorts property in the United States. The Company previously required all employees to wear masks, while...

MGM Resorts International Announces Nationwide Mask Policy

Chipotle

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

Top Consumer Discretionary Stocks for July 2020

There's been a lot of good news for the casino operator, but the outlook is still less than certain.

Why MGM Resorts Stock Fell 6% Today

Boyd Gaming

Caesars Entertainment

Eldorado Resorts

Las Vegas Sands

Red Rock Resorts

Wynn Resorts

A full recovery on the Las Vegas Strip is far from assured, and what happens next matters.

Las Vegas Strip: Why Is It Open Right Now?

LAS VEGAS, June 23, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced the release of the 2019 Social Impact and Sustainability Report Focused on What Matters: Embracing Humanity. Protecting the Planet. The report builds on the Company's commitment to create a more...

Focused on What Matters: Embracing Humanity. Protecting the Planet.

Despite the coronavirus pandemic, MGM Resorts (MGM) is confident about prospects in Macau and will continue to invest.

Here's Why You Should Hold on to MGM Resorts Stock for Now

Yet, this may be a reason to buy shares now. With risks more than priced-in, potential share price upside from a recovery trumps these downside risks.

As Vegas Makes a Comeback, MGM Stock Could Move Higher

MGM Resorts’ stock has lost 44% of its value since the beginning of this year due to the temporary closure of its properties in Las Vegas, Macau, and other destinations. After the easing of restriction measures, the company has planned a partial re-opening of a few Las Vegas Strip resorts.

Why MGM Resorts Has Downside Risk At $20

MGM has begun re-opening its resorts, with social distancing and safety shields, but how many gamblers are coming in remains an open question.
The post Should You Bet on MGM Resorts or MGM Growth?

Should You Bet on MGM Resorts or MGM Growth?

The official health protocols are considerably more formidable than Nevada’s.

MGM, Wynn Resorts Face Stringent Safety Measures for Massachusetts Casino Reopening

Although the reopening of casinos is a positive narrative for MGM stock, your best bet at this time is to consider gambling-related ETFs.
The post A Safer Way to Play MGM Resorts with Covid-19 Still Raging appeared first on InvestorPlace.

A Safer Way to Play MGM Resorts with Covid-19 Still Raging

Disney

Vail Resorts

Virgin Galactic

These stocks would be even better buys at lower prices.

4 Stocks I Want to Buy If the Market Crashes Again

Marriott

Will another $1 trillion cash infusion get the economy going again?

Why Marriott International, MGM, and Eldorado Resorts Stocks All Popped Today

Thanks to MGM Resorts’ pivot to the convention industry, MGM stock was poised to jump higher in 2020. But the coronavirus completely disrupted this trajectory.

The Real Reason You Should Avoid MGM Resorts

Blackstone Group

The financial engineering designed by Murren brought a mixed bag of goodies and baddies to the balance sheet.

MGM Resorts: Blackstone Holds A Possible Winning Hand As Big Gaming Pivots Towards Consolidation

You need to balance whether it's worth wagering that this resort operator can overcome some big risks.

Could MGM Resorts Be a Millionaire-Maker Stock?

As states such as Florida and Texas further reopen, the conference industry is trying to bounce back, with some centers preparing to host events as soon as next month.

This $100 billion dollar industry shut down by coronavirus is about to reopen

Penn Entertainment

The market changed its mind about Thursday's sell-off.

Why Casino Stocks Bounced Back Today

Leisure destinations are reopening with new health and safety protocols and at limited capacity. With its casinos among those, MGM stock may be vulnerable to fears about a second wave of Covid-19 cases.

MGM is a Reopening Story Chock-full of Vulnerabilities With That Status

Why Casino Stocks Dropped Like a Rock on Thursday

Excalibur opens tomorrow, Luxor two weeks from now, and Mandalay Bay, Aria, and Four Seasons in three weeks.

MGM to Reopen 5 More Resorts This Summer

MGM Resorts (MGM) is set to resume operations at more Las Vegas properties. However, it intends to follow a Seven-Point Safety Plan to contain the spread of coronavirus.

News for MGM Resorts Stock (MGM)