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

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

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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SG&A

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Operating income

EBITDA

Net income

Earnings per share

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Net PPE

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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

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Free cash flow

Caesars Entertainment

Shares of Caesars Entertainment Inc. CZR, -2.73% slumped Wednesday following reports that the casino operator paid millions of dollars in ransom after it was hit by a cyberattack last month.

Caesars reportedly paid ransom to hackers, while MGM Resorts is still dealing with cyberattack

Shares of MGM Resorts International (MGM) fell after the hotel and casino operator informed the Securities and Exchange Commission (SEC) about a cybersecurity attack, suggesting it will have a material effect on the company.

MGM Still Reeling From Cyber Attack, Moody's Says It Could Hurt Credit Ratings

The company previously said it had to shut down some computer systems to protect data after discovering a cybersecurity issue. MGM hasn't elaborated on what happened.

MGM Resorts Cyber Issue Continues to Snarl Las Vegas Operations

MGM Resorts filed a report with the SEC acknowledging the three-day outage but continuing to refer to it as a cybersecurity issue.

MGM Resorts cyberattack and outage stretches into third day

Las Vegas , Sept. 12, 2023 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") today issued the following statement: "MGM Resorts recently identified a cybersecurity issue affecting certain of the Company's systems.

MGM RESORTS INTERNATIONAL STATEMENT ON CYBERSECURITY ISSUE

MGM Resorts' websites remain down Tuesday (Sept. 12), two days after the beginning of a cyberattack targeting the hotel and gaming company.

MGM Resorts Websites Remain Down Amid Cyberattack

Guests can still get into their Las Vegas hotel rooms.

MGM Resorts Hotel, Betting Operations Disrupted by Cyber Incident

DraftKings

Penn Entertainment

Wynn Resorts

When your franchise cable channel is struggling after being the mainstay of cable since the beginning, then making a huge change and embracing the now solidly legal sports gaming industry makes a ton of sense.

ESPN Bet Sports Gambling Platform Will Be Massive: 5 Top ‘Strong Buy' Stocks May Be Huge Winners

MGM Resorts International (NSX:MGM), the owner of hotels and casinos across the US, said it suffered a cyber-attack which caused a shutdown of all its digital systems including the ones used for guest reservations and bookings. Falling victim to the attack late on Monday, nearly all of the group's online activities were initially impacted, with gamblers at the group's casino floors unable to play, while hotel electronic key cards and staff emails also stopped working.

MGM Resorts suffers cyber-attack as booking systems crash

The casino and lodging operator said that its gaming operations were back online but gave no update on lodging or restaurant reservations.

MGM Resorts is facing 'ongoing' cyber attack that sent reservation and booking systems offline

American Superconductor

Darling Ingredients

Buying stocks on weakness is a natural extension of the “buy low, sell high” philosophy at the heart of successful investing. That's because one of the easiest ways to buy low and sell high is to purchase stocks that unjustly and/or excessively dropped.

Future Winners: The 3 Best Stocks to Buy on Weakness Now

The incident began Sunday and the extent of its effect on reservation systems and casino floors in Las Vegas and states including Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York and Ohio was not immediately known.

MGM Las Vegas casinos, hotels across US hit by ‘cybersecurity issue'

LAS VEGAS — A “cybersecurity issue” led to the shutdown of some casino and hotel computer systems at MGM Resorts International MGM, -2.38% properties across the U.S., a company official reported Monday.

‘Cybersecurity issue' prompts computer shutdowns at MGM Resorts properties across U.S.

MGM Resorts has shut down some of its systems as a result of a "cybersecurity issue," according to a company social media post on Monday.

The MGM Resorts website is offline due to a cybersecurity issue

Hotel and gaming company MGM Resorts is grappling with a cybersecurity issue that has caused an outage across its properties. “Our investigation is ongoing, and we are working diligently to determine the nature and scope of the matter,” the company said in a Monday (Sept.

MGM Resorts Sees Outages Across Properties Due to Cybersecurity Issue

Hotel and casino giant MGM Resorts has confirmed a “cybersecurity issue” is to blame for an ongoing outage affecting systems at the company's Las Vegas properties. “MGM Resorts recently identified a cybersecurity issue affecting some of the company's systems,” the company said in a statement posted to X, formerly Twitter, on Monday.

MGM Resorts blames ‘cybersecurity issue' for ongoing outage

Airbnb

Delta Air Lines

Disney

Expedia

Hilton Worldwide Holdings

Royal Caribbean Cruises

The search for the best travel stocks has recently gained momentum, and for good reason. Post-pandemic, travel and tourism sectors have rebounded impressively.

The 7 Best Travel Stocks to Buy Now: September 2023

This company is growing, and it's trading at a great value for investors.

1 Stock That's a Screaming Buy Today

Enhanced Wagering Functionality, Free $100,000 Survivor Pool and Seamless Nationwide Experience Headline New Ways to Play this Season  JERSEY CITY, N.J. , Sept. 7, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, is kicking off the football season with extensive evolutions in its sports betting app.

BetMGM Launches Next Generation Sports Betting App for Football Season

MGM Resorts' (MGM) BetMGM launches online Buffalo slot in New Jersey. It stated plans to launch in Pennsylvania and Michigan in the upcoming periods.

MGM Resorts (MGM) BetMGM Boost Offerings With Buffalo Slot

Popular land-based casino slot now available at BetMGM in New Jersey  JERSEY CITY, N.J. , Sept. 5, 2023 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, announced today Buffalo, a land-based casino favorite, is now available at its online casino.

BetMGM First Online Casino in the World to Debut Buffalo Slot

Entain PLC

Flutter Entertainment PLC

The US sports betting and iGaming market are on track to top US$30 billion yearly revenue for the industry in the coming years, just five years after being stationed by the US Supreme Court. So far, 35 states have regulated some form of sports betting or online gaming activity, most of which is catered for by the 'big three' of sportsbook providers: Draftkings Inc (NASDAQ:DKNG) (Draftkings Inc (NASDAQ:DKNG)); FanDuel, which is owned by Flutter Entertainment PLC (LSE:FLTR); and BetMGM, a joint venture between MGM Resorts International (NSX:MGM) and Entain PLC (LSE:ENT).

DraftKings and Big 3 sports betting rivals 'on track' to double market in next three years

LAS VEGAS , Sept. 5, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") and BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts and Entain plc (LSE: ENT) ("Entain"), will participate in the Bank of America Gaming and Lodging Conference on Thursday, September 7, 2023.

MGM Resorts and BetMGM Executives to Speak at the 2023 Bank of America Gaming and Lodging Conference

Here is how MGM Resorts (MGM) and Royal Caribbean (RCL) have performed compared to their sector so far this year.

Is MGM Resorts International (MGM) Outperforming Other Consumer Discretionary Stocks This Year?

Americans' fondness for gambling is evident as a record 50 million engaged in Super Bowl wagers, spending $16 billion! The 2023 Super Bowl betting surged 61% year over year (YOY), fueled by expanding online platforms.

News for MGM Resorts Stock (MGM)