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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables present the Company’s segment information:

			Three Months Ended March 31,
			2024						2023
			(In thousands)
Net revenue
Las Vegas Strip Resorts
Casino			$	497,548					$	500,563
Rooms			827,253						751,691
Food and beverage			599,281						582,627
Entertainment, retail and other			330,947						341,271
			2,255,029						2,176,152
Regional Operations
Casino			684,968						716,977
Rooms			65,933						67,304
Food and beverage			107,753						111,879
Entertainment, retail and other, and reimbursed costs			50,825						49,683
			909,479						945,843
MGM China
Casino			920,048						555,272
Rooms			63,215						29,493
Food and beverage			62,369						27,625
Entertainment, retail and other			10,385						5,202
			1,056,017						617,592
Reportable segment net revenues			4,220,525						3,739,587
Corporate and other			162,945						133,709
			$	4,383,470					$	3,873,296

			Three Months Ended March 31,
			2024						2023
			(In thousands)
Adjusted Property EBITDAR
Las Vegas Strip Resorts			$	827,788					$	835,809
Regional Operations			274,102						313,175
MGM China			301,186						168,948
Reportable segment Adjusted Property EBITDAR			1,403,076						1,317,932
Other operating income (expense)
Corporate and other, net			(168,249)						(211,669)
Preopening and start-up expenses			(1,095)						(139)
Property transactions, net			(17,154)						396,076
Depreciation and amortization			(196,562)						(203,501)
Triple-net operating lease and ground lease rent expense			(564,339)						(570,555)
Income from unconsolidated affiliates related to real estate ventures			2,701						2,695
Operating income			458,378						730,839
Non-operating income (expense)
Interest expense, net of amounts capitalized			(110,037)						(130,300)
Non-operating items from unconsolidated affiliates			(136)						(1,184)
Other, net			(4,806)						46,307
			(114,979)						(85,177)
Income before income taxes			343,399						645,662
Provision for income taxes			(43,673)						(165,779)
Net income			299,726						479,883
Less: Net income attributable to noncontrolling interests			(82,250)						(13,076)
Net income attributable to MGM Resorts International			$	217,476					$	466,807

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- Definition

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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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