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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables present the Company’s segment information:

						Year Ended December 31,
						2023						2022						2021
						(In thousands)
Net revenue
Las Vegas Strip Resorts
Casino						$	2,127,612					$	2,104,096					$	1,549,419
Rooms						3,027,668						2,729,715						1,402,712
Food and beverage						2,289,812						2,125,738						1,015,366
Entertainment, retail and other						1,354,054						1,438,823						769,688
						8,799,146						8,398,372						4,737,185
Regional Operations
Casino						2,712,205						2,901,072						2,721,515
Rooms						296,100						284,213						220,828
Food and beverage						440,002						429,188						307,750
Entertainment, retail and other, and reimbursed costs						222,002						201,412						142,270
						3,670,309						3,815,885						3,392,363
MGM China
Casino						2,787,837						567,573						1,057,962
Rooms						177,158						43,216						66,498
Food and beverage						161,669						49,312						68,489
Entertainment, retail and other						26,945						13,492						17,812
						3,153,609						673,593						1,210,761
Reportable segment net revenues						15,623,064						12,887,850						9,340,309
Corporate and other						541,185						239,635						339,831
						$	16,164,249					$	13,127,485					$	9,680,140

						Year Ended December 31,
						2023						2022						2021
						(In thousands)
Adjusted Property EBITDAR
Las Vegas Strip Resorts						$	3,190,486					$	3,142,308					$	1,738,211
Regional Operations						1,133,196						1,294,630						1,217,814
MGM China						866,889						(203,136)						25,367
Reportable segment Adjusted Property EBITDAR						5,190,571						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, net						370,513						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 ventures						10,821						61,866						166,658
Operating income						1,891,497						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, net						42,591						82,838						65,941
						(418,734)						(535,573)						(816,895)
Income before income taxes						1,472,763						903,799						1,461,804
Provision for income taxes						(157,839)						(697,068)						(253,415)
Net income						1,314,924						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,
						2023						2022						2021
Capital expenditures:						(In thousands)
Las Vegas Strip Resorts						$	527,104					$	411,222					$	266,944
Regional Operations						135,848						190,811						77,406
MGM China						45,331						30,540						67,989
Reportable segment capital expenditures						708,283						632,573						412,339
Corporate and other						223,530						132,494						78,358
						$	931,813					$	765,067					$	490,697

Schedule of Long Lived Assets Presented by Geographic Region

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,
						2023						2022						2021
Long-lived assets:						(In thousands)
United States						$	31,194,157					$	31,330,909					$	25,848,917
China and all other foreign countries						5,173,128						5,004,512						7,176,763
						$	36,367,285					$	36,335,421					$	33,025,680

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph b
-SubTopic 10
-Topic 280
-Publisher FASB
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 350
-SubTopic 20
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-Publisher FASB
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