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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Information The following tables present the Company’s segment information:
Three Months Ended
June 30,
Six Months Ended
June 30,
 202320222023 2022
 (In thousands)
Net revenue
Las Vegas Strip Resorts
Casino$492,212 $498,524 $992,775 $973,822 
Rooms706,715 696,008 1,458,406 1,181,296 
Food and beverage598,771 560,764 1,181,398 945,040 
Entertainment, retail and other348,952 381,880 690,223 699,910 
2,146,650 2,137,176 4,322,802 3,800,068 
Regional Operations
Casino679,430 734,139 1,396,407 1,437,818 
Rooms76,929 70,912 144,233 127,026 
Food and beverage111,491 106,051 223,370 197,189 
Entertainment, retail and other, and reimbursed costs58,250 48,567 107,933 88,465 
926,100 959,669 1,871,943 1,850,498 
MGM China
Casino669,658 120,948 1,224,930 352,151 
Rooms31,679 7,812 61,172 23,483 
Food and beverage32,973 10,940 60,598 28,381 
Entertainment, retail and other6,645 3,312 11,847 7,372 
740,955 143,012 1,358,547 411,387 
Reportable segment net revenues3,813,705 3,239,857 7,553,292 6,061,953 
Corporate and other128,502 25,031 262,211 57,244 
 $3,942,207 $3,264,888 $7,815,503 $6,119,197 
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
(In thousands)
Adjusted Property EBITDAR
Las Vegas Strip Resorts$776,529 $825,267 $1,612,338 $1,418,901 
Regional Operations 293,767 339,850 606,942 653,129 
MGM China209,389 (52,091)378,337 (77,747)
Reportable segment Adjusted Property EBITDAR1,279,685 1,113,026 2,597,617 1,994,283 
 
Other operating income (expense)
Corporate and other, net(137,578)(193,292)(349,247)(404,145)
Preopening and start-up expenses(149)(542)(288)(976)
Property transactions, net (5,614)19,395 390,462 (35,343)
Depreciation and amortization(203,503)(366,255)(407,004)(654,893)
Gain on REIT transactions, net— 2,277,747 — 2,277,747 
Triple-net operating lease and ground lease rent expense(564,158)(483,454)(1,134,713)(745,906)
Income from unconsolidated affiliates related to real estate ventures2,695 14,826 5,390 56,472 
Operating income371,378 2,381,451 1,102,217 2,487,239 
Non-operating income (expense)
Interest expense, net of amounts capitalized(111,945)(136,559)(242,245)(332,650)
Non-operating items from unconsolidated affiliates(441)(6,120)(1,625)(21,253)
Other, net23,693 (43,308)70,000 (9,006)
(88,693)(185,987)(173,870)(362,909)
Income before income taxes282,685 2,195,464 928,347 2,124,330 
Provision for income taxes(39,141)(572,839)(204,920)(536,498)
Net income243,544 1,622,625 723,427 1,587,832 
Less: Net (income) loss attributable to noncontrolling interests(42,748)161,312 (55,824)178,089 
Net income attributable to MGM Resorts International$200,796 $1,783,937 $667,603 $1,765,921