Mgm Resorts International  (MGM)
Other Ticker:  
    Sector  Services    Industry Casinos & Gaming
   Industry Casinos & Gaming
   Sector  Services
Price: $34.8000 $-0.82 -2.302%
Day's High: $35.33 Week Perf: -2.08 %
Day's Low: $ 35.02 30 Day Perf: 10.69 %
Volume (M): 121 52 Wk High: $ 51.17
Volume (M$): $ 4,245 52 Wk Avg: $40.15
Open: $35.07 52 Wk Low: $26.41

 Market Capitalization (Millions $) 14,661
 Shares Outstanding (Millions) 421
 Employees 70,000
 Revenues (TTM) (Millions $) 11,884
 Net Income (TTM) (Millions $) 3,042
 Cash Flow (TTM) (Millions $) 158
 Capital Exp. (TTM) (Millions $) 544

Mgm Resorts International

MGM Resorts International is a Delaware corporation incorporated in 1986 that acts largely as a holding company and, through subsidiaries, owns and operates integrated casino, hotel, and entertainment resorts across the United States and in Macau.

We believe we own or invest in several of the finest casino resorts in the world and we continually reinvest in our resorts to maintain our competitive advantage. We make significant investments in our resorts 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 resorts are the premier resorts in their respective markets requires capital investments to maintain the best possible experiences for our guests.

Most of our revenue is cash-based, through customers wagering with cash or paying for non-gaming services with cash or credit cards. We rely heavily on the ability of our resorts to generate operating cash flow to fund capital expenditures, provide excess cash flow for future development, acquisitions or investments, and repay debt financings.

Our results of operations do not tend to be seasonal in nature as all of our casino resorts operate 24 hours a day, every day of the year, with the exception of Empire City Casino which operates 20 hours a day, every day of the year. Our primary casino and hotel operations are owned and managed by us. Other resort amenities may be owned and operated by us, owned by us but managed by third parties for a fee, or leased to third parties. We utilize third-party management for specific expertise in operations of restaurants and nightclubs. We lease space to retail and food and beverage operators, particularly for branding opportunities.

   Company Address: 3600 Las Vegas Boulevard South Las Vegas 89109 NV
   Company Phone Number: 693-7120   Stock Exchange / Ticker: NYSE MGM
   MGM is expected to report next financial results on November 02, 2022.

Customers Net Income grew by MGM's Customers Net Profit Margin grew to

6.73 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


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Mgm Resorts International's Segments
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