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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables present the Company’s segment information:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2024						2023						2024						2023
			(In thousands)
Net revenue
Las Vegas Strip Resorts
Casino			$	476,434					$	546,273					$	1,458,721					$	1,539,048
Rooms			743,261						694,554						2,337,808						2,152,960
Food and beverage			574,587						545,850						1,798,109						1,727,248
Entertainment, retail and other			337,931						319,162						998,066						1,009,385
			2,132,213						2,105,839						6,592,704						6,428,641
Regional Operations
Casino			692,654						678,565						2,061,659						2,074,972
Rooms			88,275						85,267						232,740						229,500
Food and beverage			116,378						107,952						336,037						331,322
Entertainment, retail and other, and reimbursed costs			54,841						53,173						158,329						161,106
			952,148						924,957						2,788,765						2,796,900
MGM China
Casino			800,208						713,961						2,611,497						1,938,891
Rooms			52,029						47,270						168,415						108,442
Food and beverage			64,356						44,460						192,716						105,058
Entertainment, retail and other			12,863						6,834						31,036						18,681
			929,456						812,525						3,003,664						2,171,072
Reportable segment net revenues			4,013,817						3,843,321						12,385,133						11,396,613
Corporate and other			169,321						129,862						508,850						392,073
			$	4,183,138					$	3,973,183					$	12,893,983					$	11,788,686

			Three Months Ended September 30,												Nine Months Ended September 30,
			2024						2023						2024						2023
			(In thousands)
Adjusted Property EBITDAR
Las Vegas Strip Resorts			$	731,037					$	714,086					$	2,341,114					$	2,326,424
Regional Operations			299,985						293,257						862,465						900,199
MGM China			237,356						226,117						832,405						604,454
Reportable segment Adjusted Property EBITDAR			1,268,378						1,233,460						4,035,984						3,831,077
Other operating income (expense)
Corporate and other, net			(132,444)						(87,946)						(468,740)						(437,193)
Preopening and start-up expenses			(519)						(68)						(2,469)						(356)
Property transactions, net			(25,493)						(12,227)						(59,124)						378,235
Depreciation and amortization			(233,330)						(201,827)						(621,868)						(608,831)
Triple-net operating lease and ground lease rent expense			(564,436)						(564,154)						(1,692,961)						(1,698,867)
Income from unconsolidated affiliates related to real estate ventures			2,701						2,698						8,069						8,088
Operating income			314,857						369,936						1,198,891						1,472,153
Non-operating income (expense)
Interest expense, net of amounts capitalized			(111,873)						(111,170)						(334,649)						(353,415)
Non-operating items from unconsolidated affiliates			417						438						2,043						(1,187)
Other, net			93,333						(34,879)						45,096						35,121
			(18,123)						(145,611)						(287,510)						(319,481)
Income before income taxes			296,734						224,325						911,381						1,152,672
Provision for income taxes			(52,570)						(12,440)						(84,689)						(217,360)
Net income			244,164						211,885						826,692						935,312
Less: Net income attributable to noncontrolling interests			(59,586)						(50,768)						(237,566)						(106,592)
Net income attributable to MGM Resorts International			$	184,578					$	161,117					$	589,126					$	828,720

X

- 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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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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