MGM Resorts International

MGM NYSE Consumer Discretionary · Hotels & Motels Las Vegas, NV www.mgmresorts.com/en.html
$30.54
Mkt Cap 7.68B

Global gaming and entertainment company operating casino hotel resorts, plus sports betting and online gaming operations.

From the annual report

MGM Resorts International is referred to as the Company, MGM Resorts, or the Registrant, and together with its subsidiaries may also be referred to as we, us or our. Overview MGM Resorts International is a Delaware corporation incorporated in 1986 that acts largely as a holding company and, through subsidiaries, is a global gaming and entertainment company with domestic and international locations featuring best-in-class hotels and casinos, state-of-the-art meeting and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings, as well as sports betting and online gaming operations. We believe we operate several of the finest casino properties in the world and we continually reinvest in our properties to maintain our competitive advantage. We make significant investments in our properties through newly remodeled hotel rooms, restaurants, entertainment and nightlife offerings, as well as other new features and amenities. We believe we operate the highest quality resorts in each of the markets in which we operate. Ensuring our properties are the premier resorts in their respective markets requires capital investments to maintain the best possible experiences for our guests. We also believe that through our online gaming operations, we can create a scaled global online gaming business.

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/100 Overall
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REVENUE TTM
$17.76B
FCF TTM
$1.49B
P/E RATIO
18.0x
P/FCF
5.1x
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