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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Total revenue $ 13,127,485 $ 9,680,140 $ 5,162,082
Expenses      
General and administrative 4,226,617 2,507,239 2,122,333
Corporate expense 479,118 422,777 460,148
Preopening and start-up expenses 1,876 5,094 84
Property transactions, net (1,036,997) (67,736) 93,567
Gain on REIT transactions, net (2,277,747) 0 (1,491,945)
Gain on consolidation of CityCenter, net 0 (1,562,329) 0
Depreciation and amortization 3,482,050 1,150,610 1,210,556
Total expenses 11,527,900 7,486,264 5,847,454
Income (loss) from unconsolidated affiliates (160,213) 84,823 42,938
Operating income (loss) 1,439,372 2,278,699 (642,434)
Non-operating income (expense)      
Interest expense, net of amounts capitalized (594,954) (799,593) (676,380)
Non-operating items from unconsolidated affiliates (23,457) (83,243) (103,304)
Other, net 82,838 65,941 (89,361)
Total non-operating income (expense) (535,573) (816,895) (869,045)
Income (loss) before income taxes 903,799 1,461,804 (1,511,479)
Benefit (provision) for income taxes (697,068) (253,415) 191,572
Net income (loss) 206,731 1,208,389 (1,319,907)
Less: Net loss attributable to noncontrolling interests 1,266,362 45,981 287,183
Net income (loss) attributable to MGM Resorts International $ 1,473,093 $ 1,254,370 $ (1,032,724)
Earnings (loss) per share      
Basic (in dollars per share) $ 3.52 $ 2.44 $ (2.02)
Diluted (in dollars per share) $ 3.49 $ 2.41 $ (2.02)
Weighted average common shares outstanding      
Basic (in shares) 409,201 481,930 494,152
Diluted (in shares) 412,993 487,356 494,152
Casino      
Revenues      
Total revenue $ 5,734,173 $ 5,362,912 $ 2,871,720
Expenses      
Expenses 2,746,576 2,551,169 1,701,783
Rooms      
Revenues      
Total revenue 3,057,145 1,690,037 830,382
Expenses      
Expenses 937,272 600,942 419,156
Food and beverage      
Revenues      
Total revenue 2,604,238 1,391,605 696,040
Expenses      
Expenses 1,905,625 1,034,780 674,118
Entertainment, retail and other      
Revenues      
Total revenue 1,686,236 1,009,503 518,991
Expenses      
Expenses 1,017,817 617,635 412,705
Reimbursed costs      
Revenues      
Total revenue 45,693 226,083 244,949
Expenses      
Expenses $ 45,693 $ 226,083 $ 244,949