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

Earnings data Q2 2021

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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

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Earnings data Q1 2024

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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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Minority interest

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Total debt

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Book value per share

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Las Vegas Sands

Wynn Resorts

Casinos are hoping regulators will start to ease travel restrictions to the peninsula soon.

Macao Gambling Revenue Plunges by Another 95% in July

MGM's strong financial health gives it resilience.

Why MGM Is Not A Gamble

Early numbers on Las Vegas gambling are better than Macao's, and that's a surprising result in the casino industry.

A Casino Recovery May Come Sooner Than Expected in the U.S.

Disney

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MGM Resorts (MGM) second-quarter results hurt by casinos closure in Las Vegas and other restrictions in Macau due to the coronavirus pandemic.

MGM Resorts (MGM) Posts Narrower-than-Expected Loss in Q2

Near-term prospects for the casino operator remain challenging.

MGM Resorts Turns to Loss, but Business Fundamentals ‘Remain Intact'

MGM Resorts International (MGM) CEO Bill Hornbuckle on Q2 2020 Results - Earnings Call Transcript

HONG KONG, July 30, 2020 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced selected unaudited financial data of the Company and its subsidiaries (the "Group") for the second quarter and the first half of 2020. During the first.

MGM China Reports 2020 First Half Results

MGM (MGM) delivered earnings and revenue surprises of 7.88% and -34.52%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

MGM Resorts (MGM) Reports Q2 Loss, Misses Revenue Estimates

LAS VEGAS, July 30, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2020. "During the second quarter, we began re-opening our properties across the U.S.

MGM Resorts International Reports Second Quarter Financial And Operating Results

KeyCorp

Marathon Oil

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Tiffany & Co.

The record-breaking second-quarter GDP contraction is a clear indication that the economy is going to take even longer to recover than originally projected. If you think more pain is ahead, our deep learning algorithms paired with AI technology has you covered with the Top Shorts for today.

Best Stocks To Short Today As GDP Plunge Rattles Investors

LAS VEGAS, July 29, 2020 /PRNewswire/ -- The MGM Resorts International (NYSE: MGM) Board of Directors today announced that William (Bill) J. Hornbuckle has been elected as Chief Executive Officer and President, effective immediately.

MGM Resorts International Names William J. Hornbuckle Chief Executive Officer

Caesars Entertainment

Boyd Gaming

Red Rock Resorts

Nevada Gaming Board figures for June are down year over year but better than expected.

Why Casino Stocks Like Caesars Are Higher Today

New government stimulus program could save the day for MGM (and its employees).

Why MGM Resorts Stock Just Bounced 5%

MGM stock still looks like a good long-term pick because the shares' valuation is low, while the resorts operator should hold on until a vaccine is ready.
The post MGM Stock Still Looks Like a Good Long-Term Bet appeared first on InvestorPlace.

MGM Stock Still Looks Like a Good Long-Term Bet

Getting its casinos back up to speed is proving more intractable than originally thought.

Why MGM Resorts Is Falling Today

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Marathon Petroleum

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Synchrony Financial

Given the rally of over 44% from the lows made in March for the S&P 500, it might take a lot of good news to keep the upward move going.

Best Stocks To Short Today Amid Gold’s Record-Breaking Run

MGM Resorts' (MGM) second-quarter results are likely to reflect dismal performance of both China and domestic operations.

Factors Setting the Tone for MGM Resorts (MGM) Q2 Earnings

Melonie Johnson took over as president of Atlantic City's Borgata casino amid the coronavirus pandemic. The Borgata will welcome back the general public this Sunday.

New Borgata casino president Melonie Johnson on leading during a pandemic

In the latest trading session, MGM Resorts (MGM) closed at $15.79, marking a -0.63% move from the previous day.

MGM Resorts (MGM) Dips More Than Broader Markets: What You Should Know

The initial reopening of the Las Vegas Strip went relatively well for casino operators in early June, but abysmal room rates and a second wave of the COVID-19 outbreak seems to have eliminated hope that the Vegas recovery will continue any time soon.

Casino Stock Analyst Says Things Are Going From Bad To Worse In Vegas

Melco Resorts and Entertainment

Casinos in the world's biggest gambling hub Macau are staring at heavy losses for the second quarter, with "not much hope" for a near-term recovery as a resurgence in coronavirus cases muddies the outlook for when China will reinstate travel visas.

'Not much hope': Macau casinos see deepening losses as virus slams China travel

A socially-distanced new normal is challenging MGM in some ways to be certain, but buying into BetMGM could be an even bigger win for tomorrow's investors
The post Is It Time to Finally Bet on MGM Stock? appeared first on InvestorPlace.

Is It Time to Finally Bet on MGM Stock?

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Some positive data has supported MGM stock in recent months. However, the consumer hasn’t recovered enough for a comfortable buy.

News for MGM Resorts Stock (MGM)