XML 60 R38.htm IDEA: XBRL DOCUMENT
v3.25.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill and Other Intangible Assets | Goodwill and other intangible assets consisted of the following:
|  | December 31,
|  | 2024 |  | 2023
|  | (In thousands)
Goodwill |  | $ | 5,145,004 |  |  | $ | 5,165,694 |
Indefinite-lived intangible assets: |  |  |  |
Trademarks |  | $ | 749,399 |  |  | $ | 759,468 |
Gaming rights and other |  | 382,065 |  |  | 382,235 |
Total indefinite-lived intangible assets |  | 1,131,464 |  |  | 1,141,703 |
Finite-lived intangible assets: |  |  |  |
Customer lists |  | 296,600 |  |  | 306,627 |
Less: Accumulated amortization |  | (150,715) |  |  | (107,082) |
|  | 145,885 |  |  | 199,545 |
Gaming rights |  | 339,248 |  |  | 333,191 |
Less: Accumulated amortization |  | (93,151) |  |  | (63,086) |
|  | 246,097 |  |  | 270,105 |
Technology and other |  | 270,986 |  |  | 154,469 |
Less: Accumulated amortization |  | (79,051) |  |  | (41,240) |
|  | 191,935 |  |  | 113,229 |
Total finite-lived intangible assets, net |  | 583,917 |  |  | 582,879 |
Total other intangible assets, net |  | $ | 1,715,381 |  |  | $ | 1,724,582 |
Schedule of Changes in Company's Goodwill by Reportable Segment | A summary of changes in the Company’s goodwill is as follows:
|  | 2024
|  | Balance at January 1 |  | Acquisitions |  | Currency exchange |  | Balance at December 31
|  | (In thousands)
Las Vegas Strip Resorts |  | $ | 2,707,009 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,707,009 |
Regional Operations |  | 660,940 |  |  | — |  |  | — |  |  | 660,940 |
MGM China |  | 1,349,356 |  |  | — |  |  | 7,269 |  |  | 1,356,625 |
MGM Digital |  | 448,389 |  |  | 215 |  |  | (28,174) |  |  | 420,430 |
|  | $ | 5,165,694 |  |  | $ | 215 |  |  | $ | (20,905) |  |  | $ | 5,145,004 |
|  | 2023
|  | Balance at January 1 |  | Acquisitions |  | Currency exchange |  | Balance at December 31
|  | (In thousands)
Las Vegas Strip Resorts |  | $ | 2,707,009 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,707,009 |
Regional Operations |  | 660,940 |  |  | — |  |  | — |  |  | 660,940 |
MGM China |  | 1,350,878 |  |  | — |  |  | (1,522) |  |  | 1,349,356 |
MGM Digital |  | 310,485 |  |  | 125,612 |  |  | 12,292 |  |  | 448,389 |
|  | $ | 5,029,312 |  |  | $ | 125,612 |  |  | $ | 10,770 |  |  | $ | 5,165,694 |
Schedule of Estimated Future Amortization | As of December 31, 2024, estimated future amortization was as follows:
Years ending December 31, |  | (In thousands)
2025 |  | $ | 127,933 |
2026 |  | 124,845 |
2027 |  | 107,032 |
2028 |  | 74,147 |
2029 |  | 53,829 |
Thereafter |  | 96,131 |
|  | $ | 583,917 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration