MGM Resorts InternationalMGM
What MGM Resorts International does.
MGM Resorts International is referred to as the “Company,” “MGM Resorts,” or the “Registrant,” and together with its subsidiaries may also be referred to as “we,” “us” or “our.”
MGM Resorts International is a Delaware corporation incorporated in 1986 that acts largely as a holding company and, through subsidiaries, is a global gaming and entertainment company with domestic and international locations featuring best-in-class hotels and casinos, state-of-the-art meeting and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings, as well as sports betting and online gaming operations.
We believe we operate several of the finest casino properties in the world and we continually reinvest in our properties to maintain our competitive advantage. We make significant investments in our properties through newly remodeled hotel rooms, restaurants, entertainment and nightlife offerings, as well as other new features and amenities. We believe we operate the highest quality resorts in each of the markets in which we operate. Ensuring our properties are the premier resorts in their respective markets requires capital investments to maintain the best possible experiences for our guests. We also believe that through our online gaming operations, we can create a scaled global online gaming business.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $5.2B | $9.7B | $13.1B | $16.2B | $17.2B | $17.5B |
| Net income | -$1.0B | $1.3B | $1.5B | $1.1B | $746.6M | $205.9M |
| Free cash flow | -$1.8B | $882.7M | $991.4M | $1.8B | $1.2B | $1.5B |
More on MGM.
- MGM Resorts International summary
- MGM Resorts International financial statements
- MGM Resorts International key metrics
- MGM Resorts International health scores and style box
- MGM Resorts International earnings
- MGM Resorts International dividends
- MGM Resorts International valuation
- MGM Resorts International ownership and insiders
- MGM Resorts International peers
Figures from MGM Resorts International's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.