v3.26.1
SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenue $ 4,450,993 $ 4,404,870 $ 8,905,711 $ 8,681,952
Segment Reporting, Reconciliation of Other Item by Segment to Consolidated [Abstract]        
Preopening and start-up expenses (112) (849) (1,089) (934)
Property transactions, net 286,695 (125) 272,475 (15,593)
Goodwill impairment (111,019) 0 (111,019) 0
Depreciation and amortization (282,315) (241,975) (546,040) (478,419)
Triple net lease rent expense (552,188) (564,416) (1,116,815) (1,128,891)
Income from unconsolidated affiliates 25,838 25,860 35,864 12,964
Operating income 503,636 404,565 804,878 789,622
Non-operating income (expense)        
Interest expense, net of amounts capitalized (102,129) (105,584) (202,818) (212,853)
Non-operating items from unconsolidated affiliates 2,525 (4,055) 18 (3,793)
Other, net 9,488 (161,170) 13,691 (172,436)
Non-operating income (expense) (90,116) (270,809) (189,109) (389,082)
Income before income taxes 413,520 133,756 615,769 400,540
Provision for income taxes (90,731) (15,662) (118,188) (55,715)
Net income 322,789 118,094 497,581 344,825
Less: Net income attributable to noncontrolling interests (30,356) (69,143) (80,012) (147,320)
Net income attributable to MGM Resorts International 292,433 48,951 417,569 197,505
Capital expenditures 241,381 268,442 396,045 496,483
Reportable Segments        
Revenues        
Total revenue 4,391,332 4,353,258 8,794,448 8,585,327
Expenses        
Segment Adjusted EBITDAR 1,241,159 1,294,796 2,497,675 2,636,170
Non-operating income (expense)        
Capital expenditures 180,406 234,384 315,342 440,412
Corporate and other        
Revenues        
Total revenue 59,661 51,612 111,263 96,625
Segment Reporting, Reconciliation of Other Item by Segment to Consolidated [Abstract]        
Corporate and other, net (104,422) (108,726) (226,173) (235,675)
Non-operating income (expense)        
Capital expenditures 60,975 34,058 80,703 56,071
Casino        
Revenues        
Total revenue 2,383,185 2,329,798 4,762,040 4,581,946
Expenses        
Cost of sales 1,349,281 1,333,850 2,698,833 2,578,160
Rooms        
Revenues        
Total revenue 849,143 860,401 1,716,997 1,723,809
Expenses        
Cost of sales 276,390 272,066 561,666 552,915
Food and beverage        
Revenues        
Total revenue 802,332 778,179 1,607,172 1,548,352
Expenses        
Cost of sales 582,734 576,633 1,159,014 1,136,928
Entertainment, retail and other        
Revenues        
Total revenue 416,333 436,492 819,502 827,845
Expenses        
Cost of sales 263,346 262,880 516,766 497,309
Las Vegas Strip Resorts | Reportable Segments        
Revenues        
Total revenue 2,170,045 2,114,692 4,350,475 4,290,812
Expenses        
Payroll related expense 682,979 666,550 1,352,449 1,328,296
Cost of sales 135,408 129,926 268,049 257,683
Gaming taxes 58,263 53,824 113,546 113,034
Other segment items 558,277 553,896 1,132,106 1,070,143
Segment Adjusted EBITDAR 735,118 710,496 1,484,325 1,521,656
Non-operating income (expense)        
Capital expenditures 93,736 120,131 144,744 225,369
Las Vegas Strip Resorts | Casino | Reportable Segments        
Revenues        
Total revenue 535,524 456,581 1,048,669 994,840
Las Vegas Strip Resorts | Rooms | Reportable Segments        
Revenues        
Total revenue 716,936 734,850 1,468,420 1,484,899
Las Vegas Strip Resorts | Food and beverage | Reportable Segments        
Revenues        
Total revenue 602,755 584,948 1,209,342 1,170,987
Las Vegas Strip Resorts | Entertainment, retail and other | Reportable Segments        
Revenues        
Total revenue 314,830 338,313 624,044 640,086
Regional Operations | Reportable Segments        
Revenues        
Total revenue 924,098 964,612 1,842,008 1,865,031
Expenses        
Payroll related expense 232,154 232,239 471,111 461,186
Cost of sales 39,602 40,847 76,717 78,061
Gaming taxes 176,011 195,672 364,519 380,386
Other segment items 196,115 187,198 390,008 357,700
Segment Adjusted EBITDAR 280,216 308,656 539,653 587,698
Non-operating income (expense)        
Capital expenditures 32,070 41,253 51,830 63,870
Regional Operations | Casino | Reportable Segments        
Revenues        
Total revenue 668,392 710,115 1,352,882 1,382,090
Regional Operations | Rooms | Reportable Segments        
Revenues        
Total revenue 83,478 79,813 152,070 146,538
Regional Operations | Food and beverage | Reportable Segments        
Revenues        
Total revenue 113,369 115,575 223,533 224,656
Regional Operations | Entertainment, retail and other | Reportable Segments        
Revenues        
Total revenue 58,859 59,109 113,523 111,747
MGM China | Reportable Segments        
Revenues        
Total revenue 1,100,881 1,110,093 2,222,916 2,137,565
Expenses        
Payroll related expense 169,055 154,776 333,411 299,984
Cost of sales 30,355 27,350 61,474 54,850
Gaming taxes 492,687 500,143 996,965 948,919
Other segment items 152,075 126,482 300,883 246,905
Segment Adjusted EBITDAR 256,709 301,342 530,183 586,907
Non-operating income (expense)        
Capital expenditures 34,367 51,583 76,514 111,319
MGM China | Casino | Reportable Segments        
Revenues        
Total revenue 956,308 977,397 1,932,822 1,873,249
MGM China | Rooms | Reportable Segments        
Revenues        
Total revenue 48,730 45,738 96,508 92,372
MGM China | Food and beverage | Reportable Segments        
Revenues        
Total revenue 86,207 77,656 174,296 152,709
MGM China | Entertainment, retail and other | Reportable Segments        
Revenues        
Total revenue 9,636 9,302 19,290 19,235
MGM Digital | Reportable Segments        
Revenues        
Total revenue 196,308 163,861 379,049 291,919
Expenses        
Payroll related expense 34,192 32,854 64,427 62,391
Marketing costs 84,457 67,002 163,687 124,795
Gaming taxes 56,675 39,564 102,307 70,189
Other segment items 51,868 50,139 105,114 94,635
Segment Adjusted EBITDAR (30,884) (25,698) (56,486) (60,091)
Non-operating income (expense)        
Capital expenditures 20,233 21,417 42,254 39,854
MGM Digital | Casino | Reportable Segments        
Revenues        
Total revenue $ 196,308 $ 163,861 $ 379,049 $ 291,919