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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company’s management views each of its casino properties as an operating segment. Operating segments are aggregated based on their similar economic characteristics, types of customers, types of services and products provided, the regulatory environments in which they operate and their management and reporting structure. The Company has aggregated its operating segments into the following reportable segments: Las Vegas Strip Resorts, Regional Operations and MGM China.

Las Vegas Strip Resorts. Las Vegas Strip Resorts consists of the following casino resorts in Las Vegas, Nevada: Aria (including Vdara) (upon its acquisition in September 2021), Bellagio, The Cosmopolitan (upon its acquisition in May 2022), MGM Grand Las Vegas (including The Signature), Mandalay Bay (including Delano and Four Seasons), The Mirage (until its disposition in December 2022), Luxor, New York-New York (including The Park), Excalibur, and Park MGM (including NoMad Las Vegas).

Regional Operations. Regional Operations consists of the following casino properties: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Mississippi (until its disposition in February 2023); Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George’s County, Maryland; MGM Springfield in Springfield, Massachusetts; Empire City in Yonkers, New York; and MGM Northfield Park in Northfield Park, Ohio.

MGM China. MGM China consists of MGM Macau and MGM Cotai.

The Company’s operations related to LeoVegas (upon its acquisition in September 2022), investments in unconsolidated affiliates, and certain other corporate operations and management services have not been identified as separate reportable segments; therefore, these operations are included in “Corporate and other” in the following segment disclosures to reconcile to consolidated results.
Adjusted Property EBITDAR is the Company’s reportable segment GAAP measure, which management utilizes as the primary profit measure for its reportable segments and underlying operating segments. Adjusted Property EBITDAR is a measure defined as earnings before interest and other non-operating income (expense), taxes, depreciation and amortization, preopening and start-up expenses, property transactions, net, gain on REIT transactions, net, rent expense related to triple-net operating leases and ground leases, income from unconsolidated affiliates related to investments in real estate ventures, and also excludes gain on consolidation of CityCenter, net, gain related to CityCenter’s sale of Harmon land recorded within income from unconsolidated affiliates, corporate expense and stock compensation expense, which are not allocated to each operating segment, and rent expense related to the master lease with MGP that eliminated in consolidation.
The following tables present the Company’s segment information:
 
Year Ended December 31,
 202320222021
 (In thousands)
Net revenue   
Las Vegas Strip Resorts   
Casino$2,127,612 $2,104,096 $1,549,419 
Rooms3,027,668 2,729,715 1,402,712 
Food and beverage2,289,812 2,125,738 1,015,366 
Entertainment, retail and other1,354,054 1,438,823 769,688 
 8,799,146 8,398,372 4,737,185 
Regional Operations
Casino2,712,205 2,901,072 2,721,515 
Rooms296,100 284,213 220,828 
Food and beverage440,002 429,188 307,750 
Entertainment, retail and other, and reimbursed costs222,002 201,412 142,270 
 3,670,309 3,815,885 3,392,363 
MGM China
Casino2,787,837 567,573 1,057,962 
Rooms177,158 43,216 66,498 
Food and beverage161,669 49,312 68,489 
Entertainment, retail and other26,945 13,492 17,812 
 3,153,609 673,593 1,210,761 
Reportable segment net revenues15,623,064 12,887,850 9,340,309 
Corporate and other541,185 239,635 339,831 
 $16,164,249 $13,127,485 $9,680,140 
Year Ended December 31,
202320222021
(In thousands)
Adjusted Property EBITDAR
Las Vegas Strip Resorts$3,190,486 $3,142,308 $1,738,211 
Regional Operations1,133,196 1,294,630 1,217,814 
MGM China866,889 (203,136)25,367 
Reportable segment Adjusted Property EBITDAR5,190,571 4,233,802 2,981,392 
 
Other operating income (expense)
Corporate and other, net(602,216)(736,548)(560,309)
Preopening and start-up expenses(415)(1,876)(5,094)
Property transactions, net370,513 1,036,997 67,736 
Depreciation and amortization(814,128)(3,482,050)(1,150,610)
Gain on REIT transactions, net— 2,277,747 — 
Gain on consolidation of CityCenter, net— — 1,562,329 
Triple-net operating lease and ground lease rent expense(2,263,649)(1,950,566)(833,158)
Gain related to sale of Harmon land - unconsolidated affiliate— — 49,755 
Income from unconsolidated affiliates related to real estate ventures10,821 61,866 166,658 
Operating income1,891,497 1,439,372 2,278,699 
Non-operating income (expense)
Interest expense, net of amounts capitalized(460,293)(594,954)(799,593)
Non-operating items from unconsolidated affiliates(1,032)(23,457)(83,243)
Other, net42,591 82,838 65,941 
 (418,734)(535,573)(816,895)
Income before income taxes1,472,763 903,799 1,461,804 
Provision for income taxes(157,839)(697,068)(253,415)
Net income1,314,924 206,731 1,208,389 
Less: Net (income) loss attributable to noncontrolling interests(172,744)1,266,362 45,981 
Net income attributable to MGM Resorts International$1,142,180 $1,473,093 $1,254,370 
 
Year Ended December 31,
 202320222021
Capital expenditures:(In thousands)
Las Vegas Strip Resorts$527,104 $411,222 $266,944 
Regional Operations135,848 190,811 77,406 
MGM China45,331 30,540 67,989 
Reportable segment capital expenditures708,283 632,573 412,339 
Corporate and other223,530 132,494 78,358 
 $931,813 $765,067 $490,697 

Total assets are not allocated to segments for internal reporting presentations or when determining the allocation of resources and, accordingly, are not presented.

Long-lived assets, which includes property and equipment, net, operating and finance lease right-of-use assets, net, goodwill, and other intangible assets, net, presented by geographic region are as follows:
 December 31,
 202320222021
Long-lived assets:(In thousands)
United States$31,194,157 $31,330,909 $25,848,917 
China and all other foreign countries5,173,128 5,004,512 7,176,763 
 $36,367,285 $36,335,421 $33,025,680