MGM Resorts International
(NYSE:MGM)

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention...

Website: http://www.mgmresorts.com

Founded: 1986

Full Time Employees: 63,000

Sector: Consumer Cyclical

Industry: Resorts & Casinos

Casinos

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Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30

revenues
casino	2,574,945,000	2,293,996,000	2,329,798,000	2,252,148,000	2,210,746,000	2,121,049,000	2,212,759,000	2,241,095,000	2,203,523,000	2,050,584,000	1,951,382,000	1,882,428,000	1,548,762,000	1,407,367,000	1,357,134,000	1,420,910,000	1,527,818,000	1,400,337,000	1,336,124,000	1,098,633,000	963,827,000	690,218,000	163,649,000	1,054,026,000	1,630,052,000	1,663,049,000	1,598,312,000	1,626,346,000	1,561,240,000	1,465,380,000	1,332,214,000	1,394,316,000	1,530,190,000	1,543,693,000	1,405,063,000	1,505,389,000	1,366,903,000	1,307,827,000	1,127,404,000	1,134,356,000	1,146,765,000	1,181,593,000	1,235,976,000	1,278,502,000	1,399,640,000	1,420,538,000	1,475,165,000	1,583,432,000	1,570,905,000	1,460,300,000	1,443,157,000	1,401,420,000	1,294,318,000	1,299,196,000	1,335,034,000	1,241,959,000	797,495,000	582,323,000	608,795,000	633,983,000	589,392,000	610,757,000	627,957,000	699,806,000
yoy	16.47%	8.15%	5.29%	0.49%	0.33%	3.44%	13.39%	19.05%	42.28%	45.70%	43.79%	32.48%	1.37%	0.50%	1.57%	29.33%	58.52%	102.88%	716.46%	4.23%	-40.87%	-58.50%	-89.76%	-35.19%	4.41%	13.49%	19.97%	16.64%	2.03%	-5.07%	-5.18%	-7.38%	11.95%	18.03%	24.63%	32.71%	19.20%	10.68%	-8.78%	-11.27%	-18.07%	-16.82%	-16.21%	-19.26%	-10.90%	-2.72%	2.22%	12.99%	21.37%	12.40%	8.10%	12.84%	62.30%	123.11%	119.29%	95.90%	35.31%	-4.66%	-3.05%	-9.41%
qoq	12.25%	-1.54%	3.45%	1.87%	4.23%	-4.14%	-1.26%	1.71%	7.46%	5.08%	3.66%	21.54%	10.05%	3.70%	-4.49%	-7.00%	9.10%	4.81%	21.62%	13.99%	39.64%	321.77%	-84.47%	-35.34%	-1.98%	4.05%	-1.72%	4.17%	6.54%	10.00%	-4.45%	-8.88%	-0.87%	9.87%	-6.66%	10.13%	4.52%	16.00%	-0.61%	-1.08%	-2.95%	-4.40%	-3.33%	-8.65%	-1.47%	-3.70%	-6.84%	0.80%	7.57%	1.19%	2.98%	8.27%	-0.38%	-2.68%	7.49%	55.73%	36.95%	-4.35%	-3.97%	7.57%	-3.50%	-2.74%	-10.27%
rooms	858,355,000	795,236,000	860,401,000	863,408,000	942,654,000	883,564,000	898,998,000	956,401,000	1,010,024,000	827,091,000	815,323,000	848,488,000	897,943,000	827,397,000	774,732,000	557,073,000	636,130,000	490,460,000	365,028,000	198,419,000	189,358,000	175,450,000	31,623,000	433,951,000	566,225,000	595,636,000	586,503,000	574,215,000	542,903,000	566,319,000	563,871,000	539,480,000	482,167,000	564,476,000	542,470,000	562,267,000	505,120,000	530,331,000	498,904,000	489,486,000	460,778,000	466,032,000	490,498,000	459,425,000	419,470,000	433,005,000	463,151,000	452,386,000	394,283,000	413,060,000	437,710,000	401,250,000	393,055,000	418,766,000	393,620,000	405,173,000	396,791,000	368,337,000	309,741,000	331,424,000	345,219,000	313,903,000	324,631,000	340,165,000
food and beverage	749,016,000	748,597,000	778,179,000	770,173,000	751,868,000	755,322,000	802,138,000	769,403,000	727,855,000	698,261,000	743,236,000	722,131,000	710,646,000	722,982,000	677,756,000	492,854,000	515,049,000	416,478,000	302,666,000	157,412,000	143,243,000	126,317,000	29,771,000	396,709,000	520,274,000	560,200,000	544,552,000	520,221,000	488,029,000	520,773,000	494,808,000	455,411,000	397,616,000	481,656,000	466,546,000	444,469,000	401,373,000	448,666,000	412,766,000	377,105,000	370,880,000	397,332,000	423,183,000	384,101,000	366,352,000	396,470,000	412,723,000	383,392,000	348,465,000	366,988,000	394,247,000	359,882,000	361,252,000	391,891,000	372,953,000	369,484,000	371,960,000	336,824,000	319,621,000	343,180,000	360,217,000	316,156,000	321,785,000	344,284,000
entertainment, retail and other	422,951,000	412,635,000	436,492,000	391,353,000	477,226,000	411,326,000	401,605,000	404,391,000	422,203,000	385,691,000	420,711,000	409,578,000	421,691,000	447,637,000	445,342,000	371,566,000	369,577,000	315,693,000	189,011,000	135,222,000	98,859,000	101,618,000	48,569,000	269,945,000	362,492,000	387,596,000	382,738,000	344,374,000	349,718,000	370,150,000	363,242,000	329,750,000
revenues - sum	4,605,267,000	4,250,464,000	4,404,870,000	4,277,082,000	4,346,562,000	4,183,138,000	4,327,375,000	4,383,470,000	4,375,563,000	3,973,183,000	3,942,207,000	3,873,296,000	3,592,216,000	3,416,072,000	3,264,888,000	2,854,309,000	3,056,892,000	2,707,539,000	2,267,962,000	1,647,747,000	1,493,536,000	1,125,920,000	289,809,000	2,252,817,000	3,185,136,000	3,314,382,000	3,223,243,000	3,176,911,000	2,177,558,500	3,029,302,000	2,858,695,000	2,822,237,000	2,826,545,000	3,063,200,000	2,869,930,000	2,931,238,000	1,889,769,750	2,727,485,000	2,448,274,000	2,383,320,000	2,375,529,000	2,464,191,000	2,581,478,000	2,520,643,000			2,770,398,000	2,818,005,000	2,705,984,000	2,653,516,000	2,669,518,000	2,535,175,000	2,438,253,000	2,506,686,000	2,472,293,000	2,419,823,000	1,968,940,000	1,653,738,000	1,620,988,000	1,719,038,000	1,697,246,000	1,615,489,000	1,622,104,000	1,705,421,000
expenses
general and administrative	1,258,771,000	1,240,178,000	1,213,691,000	1,164,898,000	1,242,937,000	1,176,726,000	1,210,968,000	1,194,682,000	1,228,429,000	1,192,298,000	1,144,390,000	1,135,540,000	1,208,541,000	1,212,474,000	1,028,765,000	776,837,000	747,348,000	623,275,000	590,209,000	546,407,000	531,170,000	543,293,000	473,564,000	574,306,000	557,453,000	494,228,000	524,424,000	525,112,000	444,878,000	463,417,000	438,453,000	417,890,000	414,483,000	402,134,000	354,463,000	388,835,000	376,717,000	371,950,000	321,407,000	308,543,000	306,728,000	340,495,000	333,708,000	328,173,000	324,532,000	347,487,000	327,484,000	319,246,000	317,378,000	342,847,000	314,324,000	303,901,000	319,106,000	309,478,000	303,289,000	304,049,000	301,582,000	269,562,000	277,889,000	292,456,000	282,404,000	276,054,000	275,063,000	290,766,000
corporate expense	165,248,000	125,257,000	124,096,000	142,351,000	141,410,000	125,043,000	124,078,000	129,666,000	145,914,000	121,838,000	117,088,000	127,559,000	131,003,000	117,264,000	119,610,000	111,241,000	135,756,000	112,114,000	96,870,000	78,037,000	103,325,000	70,437,000	142,578,000	143,808,000	118,600,000	108,545,000	108,061,000	129,436,000	118,168,000	98,089,000	103,438,000	99,509,000	115,788,000	88,506,000	79,408,000	73,173,000	71,941,000	87,782,000	81,803,000	71,248,000	90,574,000	74,019,000	59,602,000	50,356,000	69,458,000	61,563,000	54,439,000	53,351,000	63,567,000	54,190,000	52,364,000	46,624,000	62,992,000	42,540,000	42,260,000	43,523,000	40,016,000	36,485,000	36,698,000	30,715,000	31,950,000	24,878,000	44,469,000	31,928,000
preopening and start-up expenses	121,000	31,000	849,000	85,000	5,503,000	519,000	855,000	1,095,000	59,000	68,000	149,000	139,000	504,000	396,000	542,000	434,000	3,452,000	1,547,000	90,000	5,000	33,000	11,000	-82,000	122,000	2,084,000	925,000	879,000	3,287,000	18,508,000	46,890,000	19,077,000	66,917,000	52,967,000	29,349,000	21,093,000	15,066,000	61,631,000	31,660,000	24,824,000	21,960,000	21,057,000	16,510,000	17,889,000	15,871,000	13,629,000	10,233,000	9,759,000	5,636,000	3,383,000	4,279,000	3,506,000	2,146,000	765,000				-316,000		186,000	30,000	537,000	3,494,000	25,474,000	10,058,000
property transactions	8,668,000	101,775,000	125,000	15,468,000	22,192,000	25,493,000	16,477,000	17,154,000	7,722,000	12,227,000	5,614,000	-396,076,000	-1,060,701,000	-11,639,000	-19,395,000	54,738,000	-68,578,000	3,677,000	-28,906,000	26,071,000	8,127,000	4,116,000	26,349,000	54,975,000	11,378,000	249,858,000	5,790,000	8,776,000	28,679,000	-42,400,000	16,970,000	5,898,000	27,629,000	7,711,000	13,243,000	1,696,000	12,361,000	-1,268,000	854,000	5,131,000	1,491,277,000	7,123,000	3,953,000	1,589,000	480,000	6,794,000	33,170,000	558,000	2,012,000	26,127,000	88,131,000	8,491,000	5,803,000	90,467,000	917,000	81,837,000	900,000	91,000	6,349,000	318,154,000	1,126,282,000	689,000	549,358,000	971,208,000
goodwill impairment	22,794,000	256,133,000
depreciation and amortization	278,658,000	260,717,000	241,975,000	236,444,000	209,229,000	233,330,000	191,976,000	196,562,000	205,297,000	201,827,000	203,503,000	203,501,000	1,421,637,000	1,405,520,000	366,255,000	288,638,000	297,031,000	279,403,000	283,625,000	290,551,000	298,697,000	294,363,000	299,206,000	318,290,000	331,438,000	322,009,000	334,788,000	316,414,000	312,542,000	300,472,000	296,208,000	268,822,000	249,357,000	249,600,000	244,754,000	249,769,000	233,052,000	209,737,000	206,899,000	199,839,000	200,164,000	204,742,000	208,565,000	206,412,000	202,654,000	202,386,000	203,070,000	207,655,000	207,474,000	211,682,000	218,151,000	211,918,000	228,414,000	235,643,000	236,809,000	249,520,000	177,467,000	152,397,000	146,666,000	158,857,000	164,766,000	163,134,000	167,396,000	170,651,000
expenses - sum	4,311,633,000	4,388,958,000	4,026,165,000	3,879,129,000	4,015,663,000	3,876,270,000	3,867,535,000	3,899,968,000	3,962,796,000	3,625,754,000	3,554,640,000	3,067,458,000	3,553,787,000	4,444,576,000	827,854,000	2,701,683,000	2,679,998,000	849,868,000	2,087,540,000	1,868,858,000	1,852,012,000	1,641,737,000	1,315,985,000	1,037,720,000	242,601,000	3,112,215,000	2,878,762,000	2,845,400,000	1,922,925,000	2,653,894,000	2,543,560,000	2,494,246,000	2,401,846,000	2,370,580,000	2,181,274,000	2,250,701,000	1,423,031,750	1,834,937,000	1,948,756,000	1,908,434,000	3,429,359,000	2,040,789,000	2,079,514,000	2,054,521,000			2,246,914,000	2,236,541,000	2,198,989,000	2,219,202,000	2,256,345,000	2,066,675,000	2,079,634,000	2,154,376,000	2,081,675,000	2,121,552,000	-1,845,748,000	1,398,592,000	1,395,033,000	1,756,482,000	2,560,318,000	1,387,897,000	1,964,013,000	2,363,749,000
income from unconsolidated affiliates	31,376,000	25,642,000	25,860,000		-12,829,750	7,989,000			6,577,000	22,507,000			-40,325,000	-17,467,000	-55,583,000		-8,047,000	35,111,000	83,338,000	-25,579,000	-5,092,000	20,635,000	-8,353,000	35,748,000	17,554,000	36,214,000	27,004,000	38,749,000	32,489,000	35,495,000	47,940,000	31,766,000	28,002,000	37,701,000	40,583,000	39,703,000	32,028,000	32,577,000	448,309,000	14,702,000	40,252,000	57,350,000	42,900,000	117,381,000	-2,127,000	23,003,000	5,868,000	18,776,000	16,106,000	3,928,000	6,682,000	16,344,000		5,986,000		539,000	32,027,000	63,343,000			-26,194,000	-80,918,000	24,942,000	-132,893,000
operating income	325,010,000	-112,852,000	404,565,000	385,057,000	291,565,000	314,857,000	425,656,000	458,378,000	419,344,000	369,936,000	371,378,000	730,839,000	-1,896,000	-1,045,971,000	2,381,451,000	105,788,000	368,847,000	1,892,782,000	263,760,000	-246,690,000	-363,568,000	-495,182,000	-1,034,529,000	1,250,845,000	2,960,089,000	238,381,000	371,485,000	370,260,000	335,751,000	410,903,000	363,075,000	359,757,000	223,404,000	493,861,000	501,046,000	497,181,000	282,023,000	712,755,000	769,055,000	315,954,000	-1,197,234,000	297,377,000	348,521,000	395,104,000	266,113,000	286,489,000	339,987,000	412,633,000	330,330,000	247,763,000	231,602,000	301,817,000	137,401,000	175,375,000	192,606,000	112,574,000	3,683,760,000	169,705,000	107,210,000	-205,901,000	-1,048,817,000	-11,423,000	-486,655,000	-963,419,000
yoy	11.47%	-135.84%	-4.95%	-16.00%	-30.47%	-14.89%	14.62%	-37.28%	-22217.30%	-135.37%	-84.41%	590.85%	-100.51%	-155.26%	802.89%	-142.88%	-201.45%	-482.24%	-125.50%	-119.72%	-112.28%	-307.73%	-378.48%	237.83%	781.63%	-41.99%	2.32%	2.92%	50.29%	-16.80%	-27.54%	-27.64%	-20.79%	-30.71%	-34.85%	57.36%	-123.56%	139.68%	120.66%	-20.03%	-549.90%	3.80%	2.51%	-4.25%	-19.44%	15.63%	46.80%	36.72%	140.41%	41.28%	20.25%	168.11%	-96.27%	3.34%	79.65%	-154.67%	-451.23%	-1585.64%	-122.03%	-78.63%
qoq	-388.00%	-127.89%	5.07%	32.07%	-7.40%	-26.03%	-7.14%	9.31%	13.36%	-0.39%	-49.18%	-38646.36%	-99.82%	-143.92%	2151.15%	-71.32%	-80.51%	617.62%	-206.92%	-32.15%	-26.58%	-52.13%	-182.71%	-57.74%	1141.75%	-35.83%	0.33%	10.28%	-18.29%	13.17%	0.92%	61.03%	-54.76%	-1.43%	0.78%	76.29%	-60.43%	-7.32%	143.41%	-126.39%	-502.60%	-14.67%	-11.79%	48.47%	-7.11%	-15.74%	-17.61%	24.92%	33.32%	6.98%	-23.26%	119.66%	-21.65%	-8.95%	71.09%	-96.94%	2070.68%	58.29%	-152.07%	-80.37%	9081.62%	-97.65%	-49.49%
operating margin %	12.62%	-4.92%	17.36%	17.10%	13.19%	14.84%	19.24%	20.45%	19.03%	18.04%	19.03%	38.82%	-0.12%	-74.32%	175.48%	7.45%	24.14%	135.17%	19.74%	-22.45%	-37.72%	-71.74%	-632.16%	118.67%	181.59%	14.33%	23.24%	22.77%	21.51%	28.04%	27.25%	25.80%	14.60%	31.99%	35.66%	33.03%	20.63%	54.50%	68.21%	27.85%	-104.40%	25.17%	28.20%	30.90%	19.01%	20.17%	23.05%	26.06%	21.03%	16.97%	16.05%	21.54%	10.62%	13.50%	14.43%	9.06%	461.92%	29.14%	17.61%	-32.48%	-177.95%	-1.87%	-77.50%	-137.67%
non-operating income
interest expense, net of amounts capitalized	-103,902,000	-102,287,000	-105,584,000	-107,269,000	-108,581,000	-111,873,000	-112,739,000	-110,037,000	-106,878,000	-111,170,000	-111,945,000	-130,300,000	-137,132,000	-125,172,000	-136,559,000	-196,091,000	-201,477,000	-200,049,000	-202,772,000	-195,295,000	-188,679,000	-173,808,000	-156,756,000	-157,137,000	-200,480,000	-215,503,000	-215,829,000	-216,120,000	-214,538,000	-205,573,000	-181,493,000	-167,909,000	-157,341,000	-163,287,000	-174,058,000	-174,059,000	-161,704,000	-168,048,000	-180,352,000	-184,669,000	-186,291,000	-191,781,000	-203,245,000	-216,262,000	-200,903,000	-202,835,000	-203,936,000	-209,387,000	-208,461,000	-208,939,000	-214,500,000
non-operating items from unconsolidated affiliates	-1,014,000	5,942,000	-4,055,000	262,000	-2,777,000	417,000	1,762,000	-136,000	155,000	438,000	-441,000	-1,184,000	-1,209,000	-995,000	-6,120,000	-15,133,000	-15,770,000	-23,421,000	-23,216,000	-20,836,000	-23,318,000	-23,604,000	-23,761,000	-32,621,000	-7,985,000	-14,669,000	-21,477,000	-18,165,000	-16,166,000	-11,583,000	-11,068,000	-9,010,000	-8,449,000	-8,825,000	-10,556,000	-6,921,000	-7,910,000	-11,132,000	-15,885,000	-18,212,000	-16,717,000	-22,968,000	-17,766,000	-19,011,000	-18,773,000	-22,810,000	-14,578,000	-13,723,000	-73,722,000	-22,673,000	-38,864,000					-24,692,000	-28,002,000	-40,290,000	-26,622,000	-27,185,000	-31,574,000	-23,350,000	-9,069,000	-14,613,000
other	-120,268,000	-10,390,000	-161,170,000	-11,266,000	25,477,000	93,333,000	-43,431,000	-4,806,000	7,470,000	-34,879,000	23,693,000	46,307,000	106,160,000	-14,316,000	-43,308,000	34,302,000	-4,361,000	-49,241,000	87,358,000	32,185,000	12,693,000	13,889,000	8,321,000	-124,264,000	-129,298,000	-9,381,000	-46,276,000	1,693,000	-6,552,000	-3,291,000	-6,381,000	-1,916,000	141,572,000	162,318,000	161,367,000	140,575,000	133,413,000	148,470,000	134,120,000	117,525,000	115,980,000	126,585,000	137,819,000	126,550,000	116,018,000	132,126,000	134,068,000	125,427,000	115,429,000	123,180,000	127,914,000	123,826,000	127,567,000	132,900,000	113,123,000	128,204,000	128,826,000	114,223,000	126,479,000	145,375,000	137,060,000	120,779,000	173,455,000	138,073,000
non-operating income - sum	-225,184,000	-106,735,000	-270,809,000	-118,273,000	-85,881,000	-18,123,000	-154,408,000	-114,979,000	-99,253,000	-145,611,000	-88,693,000	-85,177,000	-32,181,000	-140,483,000	-185,987,000	-176,922,000	-221,608,000	-272,711,000	-138,630,000	-183,946,000	-199,304,000	-183,523,000	-172,196,000	-314,022,000	-337,763,000	-239,553,000	-283,582,000	-232,592,000	-149,556,000	-220,447,000	-198,942,000	-178,835,000	-182,325,000	-202,250,000	-185,365,000	-181,797,000	-161,503,250	-196,490,000	-246,077,000	-203,446,000	-206,287,000	-219,135,000	-225,826,000	-238,763,000												-298,829,000	-311,243,000	-314,159,000	-292,244,000	-305,026,000	-314,154,000	-145,670,000	-232,679,000	-194,829,000
income before income taxes	99,826,000	-219,587,000	133,756,000	266,784,000	205,684,000	296,734,000	271,248,000	343,399,000	320,091,000	224,325,000	282,685,000	645,662,000	-34,077,000	-1,186,454,000	2,195,464,000	-71,134,000	147,239,000	1,620,071,000	125,130,000	-430,636,000	-562,872,000	-678,705,000	-1,206,725,000	936,823,000	2,622,326,000	-1,172,000	87,903,000	137,668,000	98,495,000	190,456,000	164,133,000	180,922,000	41,079,000	291,611,000	315,681,000	315,384,000	107,426,000	516,265,000	522,978,000	112,508,000	-1,403,521,000	78,242,000	122,695,000	156,341,000	40,637,000	60,590,000	121,164,000	188,089,000	45,994,000	15,475,000	-26,713,000	53,009,000				-186,255,000	3,372,517,000	-144,454,000	-185,034,000	-510,927,000	-1,362,971,000	-157,093,000	-323,314,750	-1,158,248,000
benefit for income taxes	282,950,000	12,858,000	-15,662,000				11,554,000		-54,340,000	-12,440,000		-165,779,000	-285,937,000	125,367,000	-572,839,000	36,341,000	-31,152,000	-282,135,000	-34,826,000	94,698,000	106,904,000	76,734,000	270,238,000		-556,376,000	7,276,000	-11,734,000	-71,511,000	-92,735,000	-19,046,000	-23,710,000	85,379,000	1,384,214,000	-115,115,000			-37,504,000	44,995,000	-8,480,000	-21,310,000	-69,976,000	16,493,000	3,772,000	56,305,000	-328,109,000	-10,208,000	52,540,000	3,519,000	-5,117,000	8,150,000	-3,865,000		2,585,000	51,304,000		79,680,000	78,174,000	54,583,000	45,845,000	192,936,000	479,495,000	60,352,000	285,416,000	407,860,000
net income	382,776,000	-206,729,000	118,094,000	226,731,000	237,916,000	244,164,000	282,802,000	299,726,000	379,612,000	211,885,000	243,544,000	479,883,000	-320,014,000	-1,061,087,000	1,622,625,000	-34,793,000	116,087,000	1,337,936,000	90,304,000	-335,938,000	-455,968,000	-601,971,000	-936,487,000	674,519,000	2,065,950,000	6,104,000	76,169,000	66,157,000	5,760,000	171,410,000	140,423,000	266,301,000	1,425,293,000	176,496,000	241,620,000	253,009,000	69,922,000	561,260,000	514,498,000	91,198,000	-1,473,497,000	94,735,000	126,467,000	212,646,000	-287,472,000	50,382,000	173,704,000	191,608,000	40,877,000	23,625,000	-30,578,000	22,578,000				-106,575,000	3,450,691,000	-89,871,000	-139,189,000	-317,991,000	-883,476,000	-96,741,000	-433,918,000	-750,388,000
yoy	60.89%	-184.67%	-58.24%	-24.35%	-37.33%	15.23%	16.12%	-37.54%	-218.62%	-119.97%	-84.99%	-1479.25%	-375.67%	-179.31%	1696.85%	-89.64%	-125.46%	-322.26%	-109.64%	-149.80%	-122.07%	-9961.91%	-1329.49%	919.57%	35767.19%	-96.44%	-45.76%	-75.16%	-99.60%	-2.88%	-41.88%	5.25%	1938.40%	-68.55%	-53.04%	177.43%	-104.75%	492.45%	306.82%	-57.11%	412.57%	88.03%	-27.19%	10.98%	-803.26%	113.26%	-668.07%	748.65%				-121.19%				-66.48%	-490.58%	-7.10%	-67.92%	-57.62%
qoq	-285.16%	-275.05%	-47.91%	-4.70%	-2.56%	-13.66%	-5.65%	-21.04%	79.16%	-13.00%	-49.25%	-249.96%	-69.84%	-165.39%	-4763.65%	-129.97%	-91.32%	1381.59%	-126.88%	-26.32%	-24.25%	-35.72%	-238.84%	-67.35%	33745.84%	-91.99%	15.13%	1048.56%	-96.64%	22.07%	-47.27%	-81.32%	707.55%	-26.95%	-4.50%	261.84%	-87.54%	9.09%	464.15%	-106.19%	-1655.39%	-25.09%	-40.53%	-173.97%	-670.58%	-71.00%	-9.34%	368.74%	73.02%	-177.26%	-235.43%					-103.09%	-3939.60%	-35.43%	-56.23%	-64.01%	813.24%	-77.71%	-42.17%
net income margin %	14.87%	-9.01%	5.07%	10.07%	10.76%	11.51%	12.78%	13.37%	17.23%	10.33%	12.48%	25.49%	-20.66%	-75.40%	119.56%	-2.45%	7.60%	95.54%	6.76%	-30.58%	-47.31%	-87.21%	-572.25%	63.99%	126.74%	0.37%	4.77%	4.07%	0.37%	11.70%	10.54%	19.10%	93.14%	11.43%	17.20%	16.81%	5.12%	42.92%	45.64%	8.04%	-128.49%	8.02%	10.23%	16.63%	-20.54%	3.55%	11.78%	12.10%	2.60%	1.62%	-2.12%	1.61%	0%	0%	0%	-8.58%	432.69%	-15.43%	-22.86%	-50.16%	-149.90%	-15.84%	-69.10%	-107.23%
less: net income attributable to noncontrolling interests	-89,164,000	-78,526,000	-69,143,000	-78,177,000	-59,391,500	-59,586,000	-95,730,000	-82,250,000																	-54,373,000	-43,237,000	-32,764,000	-34,860,000	-29,087,000	-28,532,000	-16,646,000	-42,857,000	-26,138,000	-27,381,000	-31,009,000	-46,162,000	-22,546,250	-25,641,000	-40,145,000	-24,399,000	-25,028,500	-28,310,000	-29,008,000	-42,796,000	-54,791,000	-70,652,000	-68,160,000	-83,448,000	-79,212,000	-55,484,000	-62,380,000					-17,211,000	-8,706,000
net income attributable to mgm resorts international	293,612,000	-285,255,000	48,951,000	148,554,000	157,432,000	184,578,000	187,072,000	217,476,000	313,460,000	161,117,000	200,796,000	466,807,000	284,002,000	-576,830,000	1,783,937,000		131,013,000	1,350,433,000	104,753,000	-331,829,000	-447,605,000	-534,731,000	-857,257,000	806,869,000	2,011,577,000	-37,133,000	43,405,000	31,297,000	-23,327,000	142,878,000	123,777,000	223,444,000	1,393,713,000	149,115,000	210,611,000	206,847,000	24,669,000	535,619,000	474,353,000	66,799,000	83,433,500	66,425,000	97,459,000	169,850,000	-342,263,000	-20,270,000	105,544,000	108,160,000				6,546,000	-181,159,000	-145,452,000		-123,786,000	3,441,985,000
earnings per share
basic	1.09	-1.05	0.18	0.52	0.52	0.61	0.6	0.68	0.92	0.46	0.56	1.25	0.71	-1.45	4.24		0.25	2.81	0.14	-0.69																																										-0.22
diluted	1.08	-1.05	0.18	0.51	0.52	0.61	0.6	0.67	0.91	0.46	0.55	1.24	0.7	-1.45	4.2		0.24	2.77	0.14	-0.69																																										-0.22
weighted-average common shares outstanding
basic	275,046	272,517	273,329	287,125	307,408	300,499	311,179	320,488	354,926	347,345	361,050	374,085	409,201	393,295	417,393	442,916	481,930	478,405	489,459	494,864	494,152	493,517	493,456	495,415	524,173	518,983	532,365	534,219	544,253	535,130	548,433	564,832	572,253	573,527	574,931	574,403
diluted	277,275	272,517	275,615	289,096	310,232	303,479	314,420	323,757	358,627	351,390	365,339	378,095	412,993	393,295	421,303	442,916	487,356	484,215	495,302	494,864	494,152	493,517	493,456	496,984	527,645	518,983	535,417	537,506	549,536	540,396	554,339	571,970	578,795	580,676	582,056	580,165
loss from unconsolidated affiliates				-12,896,000			-34,184,000	-25,124,000			-16,189,000	-74,999,000				-46,838,000																																											-28,559,000	-7,124,000
provision for income taxes				-40,053,000	32,232,000	-52,570,000		-43,673,000			-39,141,000													-262,304,000											-74,061,000	-62,375,000
reimbursed costs					8,983,000	11,877,000	11,875,000	12,180,000	11,958,000	11,556,000	11,555,000	10,671,000	13,174,000	10,689,000	9,924,000	11,906,000	8,318,000	84,571,000	75,133,000	58,061,000	98,249,000	32,317,000	16,197,000	98,186,000	106,093,000	107,901,000	111,138,000	111,755,000	110,972,000	106,680,000	104,560,000	103,280,000	100,154,000	102,380,000	99,293,000	100,215,000	95,992,000	99,316,000	100,795,000	101,049,000	95,936,000	98,292,000	103,548,000	101,060,000	94,397,000	98,317,000	95,745,000	94,975,000	89,649,000	92,038,000	92,741,000	90,236,000	87,682,000	90,938,000	90,539,000	87,144,000	89,482,000	86,288,000	87,235,000	88,551,000	90,361,000	93,323,000
gain on reit transactions															-2,277,747,000									-1,491,945,000
less: net loss attributable to noncontrolling interests									-66,152,000	-50,768,000	-42,748,000	-13,076,000	604,016,000	484,257,000	161,312,000	16,777,000	14,926,000	12,497,000	14,449,000	4,109,000	8,363,000	67,240,000	79,230,000	132,350,000
gain on consolidation of citycenter																		-1,562,329,000
net loss attributable to mgm resorts international																-18,016,000																																	-29,567,750	-31,859,000	-92,958,000				-217,253,000
loss per share
basic																-0.06
diluted																-0.06
net income per share
basic																					-0.275	-1.08	-1.67	1.64	0.015	-0.08	0.08	0.05	0.218	0.26	0.21	0.39	0.248	0.26	0.37	0.36	0.04	0.94	0.84	0.12	-1.44	0.12	0.18	0.35	-0.7	-0.04	0.22	0.22	-0.08	-0.07	-0.19	0.01
diluted																					-0.275	-1.08	-1.67	1.64	0.015	-0.08	0.08	0.05	0.215	0.26	0.21	0.38	0.243	0.26	0.36	0.36	0.04	0.93	0.83	0.12	-1.43	0.12	0.17	0.33	-0.7	-0.04	0.21	0.21	-0.08	-0.07	-0.19	0.01
nv energy exit expense																																			-40,629,000			139,335,000
dividends declared per common share																													0.09	0.12	0.12	0.12	0.11	0.11	0.11	0.11
entertainment																																	124,462,000	149,536,000	138,361,000	130,347,000	137,103,000	140,151,000	121,853,000	118,326,000	137,293,000	141,085,000	134,972,000	125,968,000	141,289,000	146,315,000	138,735,000	133,777,000	142,257,000	145,799,000	121,001,000	113,854,000	123,168,000	120,909,000	120,400,000	132,350,000	130,094,000	119,593,000	121,795,000	123,907,000	123,935,000	116,682,000	123,801,000	128,568,000
retail																																	50,384,000	59,141,000	56,830,000	47,976,000	49,711,000	52,724,000	52,432,000	45,473,000	47,897,000	53,272,000	55,482,000	45,037,000	45,204,000	50,720,000	50,811,000	44,616,000	44,996,000	52,151,000	52,748,000	44,707,000	51,211,000	52,086,000	46,624,000	55,509,000	54,292,000	46,150,000	47,322,000	52,618,000	51,062,000	43,889,000	50,475,000	54,525,000
less: promotional allowances																																	-229,297,000	-236,460,000	-228,193,000	-223,059,000	-228,795,000	-212,370,000	-178,772,000	-173,634,000	-183,656,000	-183,375,000	-196,343,000	-188,399,000	-196,824,000	-192,484,000	-189,365,000	-187,607,000	-192,771,000	-190,479,000	-188,253,000					-186,236,000	-162,955,000	-148,784,000	-154,547,000	-161,333,000	-159,551,000	-158,097,000	-169,688,000	-172,198,000
gain on borgata transaction																																					-340,000	-429,778,000
non-operating income:
non-operating income: - sum																																															-218,823,000		-184,852,750	-232,288,000	-258,315,000
non-operating expense:
non-operating expense: - sum																																																-224,544,000
gain on mgm china transaction																																																									-3,496,005,000
income per share of common stock attributable to mgm resorts international
basic																																																					-0.37	-0.3		-0.25	7.04						-0.6	-1.7
diluted																																																					-0.37	-0.3		-0.25	6.22						-0.6	-1.7
interest expense																																																								-272,542,000	-270,224,000	-269,914,000	-273,097,000	-285,139,000	-291,169,000	-264,175,000	-220,609,000	-181,899,000
loss per share of common stock attributable to mgm resorts international
basic																																																							-0.44			-0.18	-0.25	-0.72	-2
diluted																																																							-0.44			-0.18	-0.25	-0.72	-2
loss per share of common stock
basic																																																							-0.44			-0.18	-0.25	-0.72	-2
diluted																																																							-0.44			-0.18	-0.25	-0.72	-2
interest income																																																											696,000	1,142,000	876,000	766,000	769,000	857,000
earnings per share of common stock
basic	1.09	-1.05	0.18	0.52	0.52	0.61	0.6	0.68	0.92	0.46	0.56	1.25	0.71	-1.45	4.24		0.25	2.81	0.14	-0.69																																										-0.22
diluted	1.08	-1.05	0.18	0.51	0.52	0.61	0.6	0.67	0.91	0.46	0.55	1.24	0.7	-1.45	4.2		0.24	2.77	0.14	-0.69																																										-0.22
restructuring costs																																																															123,250
income per share of common stock
basic																																																					-0.37	-0.3		-0.25	7.04						-0.6	-1.7
diluted																																																					-0.37	-0.3		-0.25	6.22						-0.6	-1.7

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30

assets
current assets
cash and cash equivalents	2,062,994,000	2,133,548,000	1,958,020,000	2,270,563,000	2,415,532,000	2,950,592,000	2,414,195,000	2,722,292,000	2,927,833,000	3,316,360,000	3,843,366,000	4,505,318,000	5,911,893,000	5,295,434,000	5,784,173,000	2,719,115,000	4,703,059,000	5,570,833,000	5,626,232,000	6,171,512,000	5,101,637,000	4,593,872,000	4,835,505,000	6,016,417,000	2,329,604,000	1,233,569,000	1,160,591,000	1,223,404,000	1,526,762,000	1,302,677,000	1,272,872,000	1,525,402,000	1,499,995,000	1,986,688,000	1,757,062,000	1,395,444,000	1,446,581,000	1,446,158,000	2,503,255,000	1,664,905,000	1,670,312,000	1,807,795,000	2,342,340,000	2,195,535,000	1,713,715,000	1,313,427,000	1,365,137,000	1,114,736,000	1,803,669,000	1,375,403,000	1,278,673,000	1,480,637,000	2,443,159,000	1,731,921,000	1,634,892,000	1,815,125,000	921,553,000	431,275,000	498,964,000	552,757,000	1,013,208,000	440,587,000	2,056,207,000	896,990,000
accounts receivable	1,122,940,000	932,133,000	1,043,734,000	970,077,000	1,071,412,000	964,741,000	1,016,898,000	924,060,000	929,135,000	812,187,000	703,971,000	752,965,000	852,149,000	709,562,000	668,919,000	593,466,000	583,915,000	532,298,000	430,841,000	360,188,000	316,502,000	328,413,000	287,065,000	454,826,000	612,717,000	550,345,000	562,772,000	602,602,000	657,206,000	546,646,000	497,350,000	505,591,000	540,545,000	515,423,000	469,126,000	493,765,000	542,924,000	492,426,000	443,903,000	452,751,000	480,559,000	470,842,000	467,960,000	461,751,000	473,345,000	433,853,000	473,922,000	492,535,000	488,217,000	411,077,000	440,326,000	475,581,000	412,390,000	478,588,000	477,484,000	463,407,000	370,075,000	317,974,000	321,894,000	324,206,000	363,031,000	563,101,000	368,474,000	309,281,000
inventories	124,535,000	127,104,000	126,704,000	135,016,000	140,559,000	144,843,000	147,863,000	147,357,000	141,678,000	135,859,000	130,889,000	128,732,000	126,065,000	113,323,000	115,100,000	102,050,000	96,374,000	94,198,000	79,019,000	82,346,000	88,323,000	97,316,000	106,791,000	106,327,000	102,888,000	104,206,000	106,707,000	111,302,000	110,831,000	104,438,000	109,130,000	107,309,000	102,292,000	101,242,000	103,119,000	100,502,000	97,733,000	97,400,000	97,800,000	97,584,000	104,200,000	100,533,000	106,914,000	103,286,000	104,011,000	99,274,000	102,524,000	101,553,000	107,907,000	98,330,000	101,110,000	105,047,000	107,772,000	113,316,000	110,674,000	104,279,000	105,318,000	95,097,000	96,392,000	93,479,000	96,805,000	96,367,000	101,809,000	98,121,000
income tax receivable	220,154,000	164,621,000	227,304,000	210,222,000	257,514,000	212,578,000	207,601,000	91,880,000	141,444,000	159,806,000	129,497,000	2,061,000	73,016,000	233,496,000	232,621,000	234,659,000	273,862,000	199,010,000	226,193,000	242,177,000	243,415,000	170,377,000	166,507,000	44,459,000	27,167,000	23,877,000	20,994,000	18,536,000	28,431,000	19,552,000	23,124,000	41,653,000	42,551,000		7,362,000			478,000	11,194,000	9,148,000	15,993,000	16,054,000	12,947,000	7,725,000	14,675,000													173,451,000	175,982,000	180,181,000	194,474,000	532,992,000	384,555,000	166,907,000
prepaid expenses and other	486,419,000	574,371,000	502,705,000	553,196,000	478,582,000	559,699,000	622,579,000	688,223,000	770,503,000	834,961,000	809,272,000	842,028,000	583,132,000	406,579,000	337,701,000	365,554,000	258,972,000	273,982,000	212,258,000	227,644,000	200,782,000	245,303,000	223,900,000	240,900,000	200,317,000	233,749,000	188,970,000	251,291,000	203,548,000	234,711,000	180,640,000	212,758,000	189,244,000	191,183,000	148,462,000	183,007,000	142,349,000	177,886,000	137,635,000	177,256,000	137,685,000	187,050,000	136,656,000	188,310,000	151,414,000	144,503,000	224,732,000	261,806,000	238,657,000	272,809,000	248,615,000	258,784,000	243,665,000	231,458,000	270,692,000	259,538,000	245,290,000	264,047,000	252,321,000	115,497,000	89,537,000	118,579,000	103,969,000	107,169,000
assets held for sale	315,382,000												608,437,000	2,024,788,000	2,028,267,000
total current assets	4,332,424,000	3,931,777,000	3,858,467,000	4,139,074,000	4,363,599,000	4,832,453,000	4,409,136,000	4,573,812,000	4,910,593,000	5,259,173,000	5,616,995,000	6,231,104,000	8,154,692,000	8,783,182,000	9,166,781,000	4,514,945,000	6,416,182,000	6,670,321,000	6,574,543,000	7,083,867,000	5,950,659,000	6,186,281,000	6,370,768,000	7,597,929,000	4,007,693,000	2,880,746,000	2,040,034,000	2,207,135,000	2,526,778,000	2,208,024,000	2,083,116,000	2,392,713,000	2,374,627,000	2,794,536,000	2,485,131,000	2,172,718,000	2,229,587,000	2,214,348,000	3,193,787,000	2,401,644,000	2,408,749,000	2,582,274,000	3,267,022,000	2,956,607,000	3,027,160,000	1,991,057,000	2,166,315,000	1,970,630,000	2,719,439,000	2,284,015,000	2,210,240,000	2,439,245,000	3,347,817,000	2,677,417,000	2,593,677,000	2,721,807,000	1,793,280,000	1,366,411,000	1,455,645,000	1,288,801,000	1,791,956,000	1,780,750,000	3,053,501,000	1,624,465,000
property and equipment	6,305,614,000	6,281,685,000	6,250,677,000	6,190,406,000	6,196,159,000	5,950,035,000	5,715,638,000	5,630,014,000	5,449,544,000	5,256,883,000	5,233,400,000	5,140,662,000	5,223,928,000	5,089,296,000	5,027,668,000	14,144,526,000	14,435,493,000	14,528,041,000	14,344,684,000	14,454,032,000	14,632,091,000	14,792,378,000	14,977,408,000	15,172,959,000	18,285,955,000	20,603,978,000	21,054,337,000	21,196,438,000	20,729,888,000	20,733,381,000	19,863,078,000	19,711,829,000	19,635,459,000	19,134,748,000	18,896,912,000	18,619,666,000	18,425,023,000	17,948,045,000	16,102,856,000	15,692,731,000	15,371,795,000	15,014,642,000	14,791,558,000	14,561,951,000	14,441,542,000	14,253,703,000	14,113,722,000	14,034,075,000	14,055,212,000	13,969,293,000	14,042,309,000	14,117,778,000	14,765,349,000	14,783,177,000	14,786,820,000	14,868,394,000	15,017,905,000	14,426,622,000	14,554,350,000	14,697,192,000	14,814,594,000	14,955,546,000	15,069,952,000	15,751,056,000
investments in and advances to unconsolidated affiliates	536,066,000	540,066,000	484,187,000	393,795,000	380,626,000	414,161,000	237,821,000	246,167,000	240,803,000	231,998,000	156,993,000	153,856,000	173,039,000	185,758,000	155,600,000	1,008,144,000	967,044,000	941,145,000	1,484,717,000	1,439,454,000	1,447,043,000	1,473,955,000	1,468,495,000	1,596,170,000	822,366,000	758,992,000	746,733,000	730,996,000	732,867,000	666,210,000	882,940,000	1,050,795,000	1,034,161,000	1,007,584,000	980,885,000	1,252,432,000	1,220,443,000	1,196,543,000	1,364,163,000	1,478,501,000	1,491,497,000	1,536,531,000	1,491,052,000	1,661,444,000	1,559,034,000	1,555,353,000	1,420,924,000	1,416,664,000	1,374,836,000	1,416,462,000	1,408,139,000	1,435,136,000	1,488,662,000	1,498,864,000	1,589,915,000	1,659,719,000	1,690,136,000	1,941,786,000	1,923,155,000	2,115,760,000	2,118,498,000	3,492,021,000	3,611,799,000	3,544,425,000
goodwill	4,901,960,000	4,942,559,000	5,188,903,000	5,161,826,000	5,145,004,000	5,175,752,000	5,153,446,000	5,152,826,000	5,165,694,000	5,142,838,000	5,029,189,000	5,024,905,000	5,029,312,000	4,945,188,000	4,705,842,000	3,474,861,000	3,480,997,000	3,484,966,000	2,089,212,000	2,087,458,000	2,091,278,000	2,091,769,000	2,091,697,000	2,091,595,000	2,084,564,000	2,076,431,000	2,080,904,000	2,001,646,000	1,821,392,000	1,822,009,000	1,801,034,000	1,800,586,000	1,806,531,000	1,807,009,000	1,807,772,000	1,814,028,000	1,817,119,000	1,815,209,000	1,429,279,000	1,429,547,000	1,430,767,000	2,898,996,000	2,898,383,000	2,898,127,000	2,897,110,000	2,893,467,000	2,898,861,000	2,896,542,000	2,897,442,000	2,900,758,000	2,900,543,000	2,898,087,000	2,901,273,000	2,900,237,000	2,897,049,000	2,905,378,000	2,906,755,000	86,353,000	86,353,000	86,353,000	86,353,000	86,353,000	86,353,000	86,353,000
other intangible assets	1,356,676,000	1,616,407,000	1,702,811,000	1,701,293,000	1,715,381,000	1,776,503,000	1,658,403,000	1,686,245,000	1,724,582,000	1,733,379,000	1,734,012,000	1,756,151,000	1,551,252,000	2,806,163,000	3,598,127,000	3,555,466,000	3,616,385,000	3,669,107,000	3,545,815,000	3,586,603,000	3,643,748,000	3,697,549,000	3,746,734,000	3,795,850,000	3,826,504,000	3,866,536,000	3,922,684,000	4,046,756,000	3,944,463,000	3,991,963,000	3,776,770,000	3,819,369,000	3,877,960,000	3,924,566,000	3,972,046,000	4,033,756,000	4,087,706,000	4,137,475,000	4,072,317,000	4,116,904,000	4,164,781,000	4,212,660,000	4,256,409,000	4,309,206,000	4,364,856,000	4,331,768,000	4,396,436,000	4,451,496,000	4,511,861,000	4,548,415,000	4,609,088,000	4,666,659,000	4,813,183,000	4,889,311,000	4,965,587,000	5,120,662,000	5,209,866,000	342,626,000	342,804,000	342,995,000	343,192,000	343,533,000	344,253,000	344,976,000
operating lease right-of-use assets	23,002,707,000	23,127,115,000	23,251,222,000	23,407,115,000	23,532,287,000	23,658,647,000	23,785,252,000	23,901,023,000	24,027,465,000	24,150,291,000	24,276,784,000	24,403,384,000	24,530,929,000	24,655,971,000	24,773,652,000	11,438,442,000	11,492,805,000	11,551,415,000	8,208,972,000	8,240,897,000	8,286,694,000	8,330,530,000	8,379,607,000	8,425,653,000	4,392,481,000	650,990,000	664,817,000	641,912,000
deferred income taxes	89,792,000	68,985,000	55,881,000	47,745,000	39,591,000	2,792,523,000	2,797,378,000	2,849,583,000	2,860,997,000	2,990,639,000	3,006,583,000	3,008,742,000	2,969,443,000	2,847,302,000	2,983,457,000	2,442,618,000	2,439,364,000	2,389,277,000	2,170,945,000	2,154,832,000	2,153,016,000	2,164,231,000	2,242,707,000	2,388,072,000	2,106,506,000	1,536,426,000	1,552,552,000	1,566,931,000	1,342,538,000	1,241,036,000	1,226,397,000	1,206,591,000	1,304,835,000	2,668,864,000	2,560,127,000	2,541,746,000	2,551,228,000	2,543,815,000	2,591,317,000	2,687,946,000		89,834,000	83,310,000	70,552,000	62,142,000				80,989,000	126,396,000	141,516,000	119,196,000	140,831,000	122,134,000	99,935,000	79,458,000	151,044,000	84,567,000	110,092,000	22,681,000	34,901,000	29,124,000	38,487,000	45,997,000
other long-term assets	848,547,000	902,281,000	907,247,000	861,859,000	858,980,000	933,402,000	855,765,000	888,966,000	849,867,000	797,897,000	858,456,000	832,167,000	1,029,054,000	864,664,000	1,004,468,000	513,621,000	490,210,000	493,328,000	528,435,000	438,456,000	443,421,000	432,313,000	436,576,000	438,749,000	456,793,000	331,198,000	304,206,000	322,038,000	455,318,000	551,928,000	570,222,000	522,978,000	430,440,000	433,447,000	400,185,000	410,492,000	393,423,000	393,666,000	386,653,000	377,963,000	347,589,000	435,163,000	445,163,000	411,112,000	412,809,000	423,138,000	576,045,000	581,302,000	551,395,000	539,892,000	551,818,000	500,969,000	515,077,000	514,002,000	557,980,000	577,063,000	598,248,000	596,551,000	598,738,000	605,271,000	832,954,000
liabilities and stockholders’ equity
current liabilities
accounts and construction payable	421,502,000	421,119,000	383,466,000	380,842,000	412,662,000	391,836,000	401,924,000	448,158,000	461,718,000	412,757,000	358,807,000	347,344,000	369,817,000
accrued interest on long-term debt	71,845,000	95,317,000	71,467,000	100,342,000	69,916,000	112,403,000	57,506,000	114,828,000	60,173,000	114,714,000	60,225,000	114,382,000	83,451,000	118,186,000	82,214,000	169,630,000	172,624,000	185,502,000	161,568,000	175,256,000	138,832,000	150,729,000	128,430,000	108,694,000	122,250,000	159,760,000	136,790,000	137,309,000	140,046,000	142,774,000	140,184,000	125,524,000	135,785,000	121,650,000	147,438,000	112,096,000	159,028,000	115,977,000	160,445,000	143,110,000	165,914,000	143,361,000	192,357,000	184,205,000	191,155,000	180,792,000	191,141,000	188,281,000	188,522,000	183,958,000	193,660,000	205,204,000	249,676,000	251,373,000	253,075,000	240,780,000	200,746,000	238,175,000	211,914,000	223,106,000	221,447,000	203,186,000	206,357,000	205,786,000
other accrued liabilities	2,993,179,000	2,667,990,000	2,712,152,000	2,688,271,000	2,869,105,000	2,707,519,000	2,540,743,000	2,471,000,000	2,604,177,000	2,434,598,000	2,295,172,000	2,280,217,000	2,236,323,000	2,047,544,000	1,874,659,000	1,878,043,000	1,983,444,000	1,923,590,000	1,642,409,000	1,474,841,000	1,545,079,000	1,636,783,000	1,497,563,000	1,538,857,000	2,024,002,000	2,000,343,000	2,140,418,000	2,086,946,000	2,151,054,000	2,161,064,000	2,237,524,000	2,233,426,000	2,068,720,000	1,661,032,000	1,599,072,000	1,515,624,000	1,594,526,000	1,475,199,000	1,262,118,000	1,233,045,000	1,311,444,000	1,362,763,000	1,262,499,000	1,327,959,000	1,574,617,000	1,709,079,000	1,764,167,000	1,683,569,000	1,770,801,000	1,772,220,000	1,667,205,000	1,483,005,000	1,574,670,000	1,364,123,000	1,413,507,000	1,261,843,000	1,202,332,000	795,732,000	867,223,000	942,802,000	856,077,000	834,947,000	923,701,000	807,427,000
liabilities related to assets held for sale	25,581,000												539,828,000	1,954,040,000	1,957,420,000
total current liabilities	3,512,107,000	3,184,426,000	3,167,085,000	3,169,455,000	3,351,683,000	3,886,758,000	3,000,173,000	3,033,986,000	3,126,068,000	2,962,069,000	2,749,404,000	2,844,427,000	4,515,892,000	5,895,504,000	5,544,580,000	3,599,601,000	3,442,264,000	3,410,460,000	2,036,371,000	1,835,386,000	1,856,583,000	2,766,784,000	2,575,128,000	2,626,247,000	3,191,423,000	3,293,244,000	2,786,539,000	2,812,678,000	2,948,882,000	2,977,590,000	3,064,793,000	3,586,888,000	3,092,382,000	2,735,760,000	2,679,568,000	2,124,764,000	2,293,421,000	2,130,635,000	1,917,779,000	2,088,311,000	2,237,951,000	1,952,855,000	2,790,795,000	1,895,761,000	3,407,925,000	3,369,314,000	2,560,316,000	2,159,564,000	2,215,328,000	2,161,470,000	2,098,146,000	1,870,988,000	2,025,854,000	1,929,384,000	1,892,387,000	2,015,347,000	1,585,025,000	1,172,440,000	1,246,221,000	1,318,957,000	1,194,987,000	1,165,830,000	2,383,601,000	1,157,129,000
long-term debt	6,230,141,000	6,163,574,000	6,205,142,000	6,414,628,000	6,362,098,000	6,234,275,000	6,292,676,000	6,269,763,000	6,343,810,000	6,505,517,000	6,674,044,000	6,841,483,000	7,432,817,000	7,209,837,000	7,107,155,000	10,507,140,000	11,770,797,000	11,618,913,000	12,574,939,000	13,245,448,000	12,376,684,000	11,414,730,000	11,339,561,000	11,743,348,000	11,168,904,000	14,943,874,000	14,661,695,000	14,730,829,000	15,088,005,000	14,663,972,000	13,513,341,000	12,742,861,000	12,751,052,000	13,026,927,000	12,725,268,000	13,099,190,000	12,979,220,000	12,786,420,000	12,364,920,000	12,686,381,000	12,368,311,000	12,821,037,000	12,495,209,000	14,551,810,000	12,913,882,000	11,723,655,000	12,606,520,000	12,930,728,000	13,447,230,000	13,034,518,000	13,111,961,000	13,690,699,000	13,825,451,000	13,225,319,000	13,359,953,000	13,099,074,000	12,630,291,000	12,081,108,000	12,047,698,000	12,623,851,000	13,046,639,000	12,694,671,000	12,976,037,000	12,910,322,000
operating lease liabilities	24,962,742,000	24,988,015,000	25,012,186,000	25,056,930,000	25,076,139,000	25,092,217,000	25,110,920,000	25,115,883,000	25,127,464,000	25,129,233,000	25,136,719,000	25,145,321,000	25,149,299,000	25,144,876,000	25,135,947,000	11,810,047,000	11,802,464,000	11,775,109,000	8,403,862,000	8,392,216,000	8,390,117,000	8,380,341,000	8,376,770,000	8,374,987,000	4,277,970,000	518,365,000	529,171,000	510,951,000
other long-term obligations	775,411,000	784,329,000	770,690,000	830,283,000	910,088,000	880,296,000	768,001,000	750,280,000	542,708,000	523,283,000	493,996,000	470,495,000	256,282,000	270,966,000	320,407,000	280,077,000	319,914,000	362,823,000	375,615,000	399,357,000	472,084,000	518,057,000	529,542,000	564,608,000	363,588,000	250,368,000	228,451,000	208,329,000	259,240,000	251,399,000	245,720,000	282,879,000	284,416,000	286,262,000	289,630,000	340,906,000	325,981,000	320,707,000	141,906,000	163,392,000	157,663,000	165,358,000	156,117,000	150,691,000	130,570,000	117,710,000	106,941,000	132,249,000	141,590,000	157,613,000	149,864,000	140,750,000	186,725,000	182,258,000	176,028,000	193,578,000	219,484,000	215,764,000	199,248,000	252,209,000	243,293,000	253,245,000	256,837,000	221,707,000
total liabilities	38,097,468,000	37,959,486,000	37,956,527,000	38,281,691,000	38,511,671,000
commitments and contingencies
redeemable noncontrolling interests	21,777,000	31,464,000	31,681,000	35,086,000	34,805,000	33,343,000	32,168,000	32,281,000	33,356,000	32,938,000	9,716,000	9,658,000	158,350,000	137,054,000	142,909,000	130,898,000	147,547,000	120,764,000	110,524,000	71,009,000	66,542,000	57,970,000	58,795,000	89,642,000	105,046,000	105,976,000	100,586,000	99,338,000	102,250,000	93,339,000	86,968,000	78,680,000	79,778,000				54,139,000				6,250,000
stockholders’ equity
common stock	2,583,000	2,722,000	2,722,000	2,797,000	2,944,000	2,969,000	3,050,000	3,149,000	3,266,000	3,409,000	3,528,000	3,672,000	3,791,000	3,888,000	3,984,000	4,306,000	4,538,000	4,697,000	4,865,000	4,919,000	4,943,000	4,933,000	4,933,000	4,932,000	5,031,000	5,139,000	5,263,000	5,372,000	5,275,000	5,319,000	5,379,000	5,568,000	5,663,000	5,655,000	5,750,000	5,745,000	5,741,000	5,728,000	5,656,000	5,651,000	5,648,000	5,632,000	5,631,000	4,913,000	4,913,000	4,909,000	4,907,000	4,906,000	4,904,000	4,898,000	4,896,000	4,894,000	4,890,000	4,889,000	4,889,000	4,886,000	4,886,000		4,885,000	4,413,000	4,413,000	4,413,000	4,412,000	4,412,000
capital in excess of par value		1,127,000														761,559,000	1,750,135,000	2,639,804,000	3,335,015,000	3,569,186,000	3,439,453,000	3,355,693,000	3,333,074,000	3,274,454,000	3,531,099,000	3,846,369,000	4,181,585,000	4,420,463,000	4,092,085,000	4,251,702,000	4,413,814,000	4,999,958,000	5,357,709,000	5,390,071,000	5,677,966,000	5,674,057,000	5,653,575,000	5,651,160,000	5,530,592,000	5,671,456,000	5,655,886,000	5,655,340,000	5,649,288,000	4,192,684,000	4,180,922,000	4,173,205,000	4,166,365,000	4,160,895,000	4,156,680,000	4,150,413,000	4,145,571,000	4,139,737,000	4,098,322,000	4,091,166,000	4,102,545,000	4,085,783,000	4,077,236,000	4,068,751,000	4,060,826,000	3,465,253,000	3,457,200,000	3,504,541,000	3,497,425,000	3,487,883,000
retained earnings	2,106,836,000	2,324,289,000	2,609,529,000	2,762,722,000	3,081,753,000	3,037,397,000	3,172,243,000	3,393,805,000	3,664,008,000	3,962,925,000	4,382,588,000	4,799,178,000	4,794,239,000	4,871,632,000	5,746,532,000	4,321,482,000	4,340,588,000	4,210,726,000	2,861,474,000	2,757,941,000	3,091,007,000	3,539,848,000	4,075,812,000	4,934,302,000	4,201,337,000	2,255,885,000	2,359,966,000	2,384,977,000	2,423,479,000	2,510,103,000	2,431,186,000	2,372,744,000	2,252,890,000	922,657,000	836,840,000	689,476,000	545,811,000	521,142,000				225,825,000	159,400,000	61,941,000	-107,909,000	234,354,000	270,796,000	165,252,000	57,092,000	95,427,000	127,286,000	220,244,000	1,437,525,000	1,618,684,000	1,764,136,000	2,161,463,000	2,285,249,000		-1,066,865,000	-927,676,000	-609,685,000	273,791,000	370,532,000	804,450,000
accumulated other comprehensive income	320,498,000	347,843,000	361,519,000	88,025,000	-61,216,000	191,575,000	37,383,000	59,810,000	143,896,000	-617,000	30,057,000	36,808,000	33,499,000																	6,234,000			-3,610,000	-9,840,000	-9,148,000	7,217,000	15,053,000	12,801,000	10,809,000	11,622,000	14,022,000	14,447,000	13,891,000	13,580,000	12,991,000	8,388,000	15,235,000	12,236,000	12,503,000	11,619,000	11,308,000	7,982,000	12,533,000	11,046,000	6,837,000			2,261,000
total mgm resorts international stockholders’ equity	2,429,917,000				3,023,481,000	3,231,941,000	3,212,676,000	3,456,764,000		3,965,717,000	4,416,173,000	4,839,658,000		4,841,690,000	5,733,574,000																																4,457,303,000	4,343,289,000	4,231,179,000	4,262,357,000	4,289,061,000	4,372,857,000	5,553,270,000	5,725,785,000	5,878,407,000	6,248,856,000	6,365,851,000
noncontrolling interests	824,624,000	743,944,000	737,417,000	732,792,000	661,670,000	589,600,000	601,469,000	570,513,000	522,975,000	463,063,000	419,194,000	382,445,000	378,594,000	982,993,000	1,464,109,000	4,814,284,000	4,906,121,000	4,831,023,000	4,923,941,000	4,925,691,000	4,675,182,000	4,841,558,000	4,973,993,000	5,158,087,000	4,935,654,000	4,460,066,000	4,434,237,000	4,431,661,000	3,957,508,000	3,972,821,000	3,992,799,000	4,029,581,000	4,034,063,000	4,016,197,000	3,719,589,000	3,764,222,000	3,749,132,000	3,726,628,000	3,994,303,000	2,665,111,000	2,644,500,000	3,338,478,000	3,348,620,000	3,379,917,000	3,537,357,000	3,477,780,000	3,484,225,000	3,479,557,000	3,644,444,000	3,564,814,000	3,568,105,000	3,506,196,000	3,712,233,000	3,686,422,000	3,612,828,000	3,692,750,000	3,679,423,000
total stockholders’ equity	3,254,541,000	3,419,925,000	3,711,187,000	3,586,336,000	3,685,151,000	3,821,541,000	3,814,145,000	4,027,277,000		4,428,780,000	4,835,367,000	5,222,103,000		5,824,683,000	7,197,683,000																																7,941,528,000	7,822,846,000	7,875,623,000	7,827,171,000	7,857,166,000	7,879,053,000	9,265,503,000	9,412,207,000	9,491,235,000	9,941,606,000	10,045,274,000	2,919,162,000	2,998,545,000	2,540,371,000	2,849,158,000	3,780,738,000	3,870,432,000	4,295,143,000
liabilities and stockholders' equity
stockholders' equity
total mgm resorts international stockholders' equity		2,675,981,000	2,973,770,000	2,853,544,000					3,811,170,000				4,831,529,000			5,065,340,000	6,070,645,000	6,829,954,000	6,180,181,000	6,306,828,000	6,504,726,000	6,861,104,000	7,374,789,000	8,173,914,000	7,727,265,000	6,060,552,000	6,520,484,000	6,786,204,000	6,512,283,000	6,773,358,000	6,847,142,000	7,370,790,000	7,612,652,000	6,308,543,000	6,511,408,000	6,376,495,000	6,220,180,000	6,190,831,000	5,532,580,000	5,199,899,000	5,119,927,000	5,901,244,000	5,828,210,000	4,273,118,000	4,090,917,000	4,420,856,000
other assets
total other assets						31,958,465,000	31,690,687,000	31,875,227,000	32,008,411,000	32,056,403,000	32,055,434,000	32,170,463,000	32,313,586,000	33,457,744,000	34,237,689,000	19,990,534,000	20,047,441,000	20,139,961,000	15,857,151,000	15,792,868,000	15,912,184,000	16,026,116,000	16,123,109,000	16,348,017,000	11,582,708,000	7,684,147,000	7,719,344,000	7,743,348,000	6,954,040,000	7,032,110,000	7,030,966,000	7,193,728,000	7,149,092,000	7,172,606,000	7,160,888,000	7,510,708,000	7,518,691,000	7,542,893,000	7,252,412,000	7,402,915,000	7,434,634,000	9,083,350,000	9,091,007,000	9,279,889,000	9,233,809,000	9,203,726,000	9,292,266,000	9,346,004,000	9,335,534,000	9,405,527,000	9,469,588,000	9,500,851,000	9,718,195,000	9,802,414,000	10,010,531,000	10,262,822,000	10,405,005,000	2,967,316,000	2,951,050,000	3,150,379,000	3,380,997,000	4,273,607,000	4,394,757,000	4,351,000,000
current portion of long-term debt						675,000,000					35,200,000	36,492,000	1,286,473,000	1,351,422,000	1,250,000,000	1,250,000,000	1,000,000,000	1,000,000,000										2,548,000	43,411,000			539,608,000	158,042,000	466,375,000	472,590,000		8,375,000			242,900,000	328,442,000		875,029,000		1,245,320,000	1,191,542,000	317,194,000							141,674,000		351,608,000							1,079,824,000
total stockholders' equity									4,334,145,000				5,210,123,000			9,879,624,000	10,976,766,000	11,660,977,000	11,104,122,000	11,232,519,000	11,179,908,000	11,702,662,000	12,348,782,000	13,332,001,000	12,662,919,000	10,520,618,000	10,954,721,000	11,217,865,000	10,469,791,000	10,746,179,000	10,839,941,000	11,400,371,000	11,646,715,000	10,324,740,000	10,230,997,000	10,140,717,000	9,969,312,000	9,917,459,000	9,526,883,000	7,865,010,000	7,764,427,000	9,239,722,000	9,176,830,000	7,653,035,000	7,628,274,000	7,898,636,000
income tax payable												65,992,000																						6,013,000
restricted cash																500,101,000	500,000,000
accounts payable														403,756,000	359,258,000	281,225,000	263,097,000	273,447,000	210,654,000	160,894,000	142,523,000	150,445,000	122,428,000	202,735,000	235,437,000	253,637,000	277,591,000	336,586,000	302,578,000	301,008,000	268,140,000	253,391,000	255,028,000	242,604,000	206,144,000	204,835,000	250,477,000	232,490,000	161,420,000	183,777,000	182,031,000	168,651,000	174,246,000	187,325,000	164,252,000	266,696,000	253,475,000	220,523,000	241,192,000	202,792,000	229,599,000	178,435,000	201,150,000	171,878,000	163,626,000	158,477,000	179,703,000	138,533,000	167,084,000	153,049,000	117,463,000	117,986,000	155,796,000	130,708,000
construction payable														20,556,000	21,029,000	20,703,000	23,099,000	27,921,000	21,740,000	24,395,000	30,149,000	28,827,000	26,707,000	40,961,000	74,734,000	144,504,000	231,740,000	249,289,000	311,793,000	372,744,000	418,945,000	434,939,000	474,807,000	238,086,000	254,324,000	214,861,000	270,361,000	306,969,000	333,796,000	285,479,000	250,120,000	188,246,000	203,354,000	125,720,000	170,439,000																	9,711,000	17,923,000	13,208,000
accumulated other comprehensive loss														-33,830,000	-16,942,000	-22,007,000	-24,616,000	-25,273,000	-21,173,000	-25,218,000	-30,677,000	-39,370,000	-39,030,000	-39,774,000	-10,202,000	-46,841,000	-26,330,000	-24,608,000	-8,556,000		-3,237,000	-7,480,000																								-3,276,000	-1,520,000		-301,000	-1,619,000	-2,770,000	-2,007,000	-1,937,000	-1,602,000
the accompanying notes are an integral part of these consolidated financial statements.
october 1 litigation insurance receivable																						751,000,000	751,000,000	735,000,000	735,000,000	735,000,000
october 1 litigation liability																						800,000,000	800,000,000	735,000,000	735,000,000	735,000,000
redeemable noncontrolling interest																																		59,337,000	57,341,000	55,769,000		6,250,000	6,250,000	6,250,000		5,000,000	5,000,000
the accompanying condensed notes are an integral part of these consolidated financial statements.
income taxes payable																																				77,348,000	10,654,000									2,390,000	32,817,000	20,549,000	14,813,000	2,500,000	7,682,000	4,344,000	358,000	336,000	62,179,000	2,639,000	2,244,000
accumulated deficit																																							-14,477,000	-488,830,000	-555,629,000																	-1,156,736,000
cash deposits - original maturities longer than 90 days																																											200,205,000		570,000,000
issued and outstanding 488,581,951 and 488,513,351 shares																																																										4,886,000
deposits and other assets																																																														351,700,000	352,352,000	375,246,000
treasury stock

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31

cash flows from operating activities
net income	382,776,000	-206,729,000	118,094,000	226,731,000	237,916,000	244,164,000	282,802,000	299,726,000	379,612,000	211,885,000	243,544,000	479,883,000	-320,014,000	-1,061,087,000			116,087,000			-335,938,000	-455,968,000	-601,971,000	-936,487,000	674,519,000	2,065,950,000	6,104,000	76,169,000	66,157,000	5,760,000	171,410,000	140,423,000	266,301,000	1,425,293,000	176,496,000	241,620,000	253,009,000	69,922,000	561,260,000	514,498,000	91,198,000	-1,473,497,000	94,735,000	126,467,000	212,646,000	-287,472,000	49,338,000	173,704,000	191,608,000	40,877,000			22,578,000	-154,674,000			-106,575,000						-96,741,000	-433,918,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	278,658,000	260,717,000	241,975,000	236,444,000	209,229,000	233,330,000	191,976,000	196,562,000	205,297,000	201,827,000	203,503,000	203,501,000	1,421,637,000	1,405,520,000	366,255,000	288,638,000	297,031,000	279,403,000	283,625,000	290,551,000	298,697,000	294,363,000	299,206,000	318,290,000	331,438,000	322,009,000	334,788,000	316,414,000	312,542,000	300,472,000	296,208,000	268,822,000	249,357,000	249,600,000	244,754,000	249,769,000	233,052,000	209,737,000	206,899,000	199,839,000	200,164,000	204,742,000	208,565,000	206,412,000	202,654,000	202,386,000	203,070,000	207,655,000	207,474,000	211,682,000	218,151,000	211,918,000	228,414,000	235,643,000	236,809,000	249,520,000	177,467,000	152,397,000	146,666,000	158,857,000	164,766,000	163,134,000	167,396,000
amortization of debt discounts and issuance costs	6,429,000	6,388,000	7,042,000	6,820,000	6,831,000
loss on extinguishment of debt
provision for credit losses	21,763,000	9,607,000	18,973,000	10,784,000	11,396,000	19,855,000	11,686,000	18,152,000	23,010,000	3,671,000	6,170,000	16,133,000	15,911,000	6,535,000	39,000	253,000	16,037,000	2,091,000	1,597,000	2,127,000
stock-based compensation	31,087,000	14,275,000	16,456,000	28,653,000	28,504,000	12,395,000	12,545,000	26,780,000	27,361,000	11,125,000	11,230,000	23,891,000	25,158,000	7,415,000	15,379,000	23,344,000	26,495,000	11,281,000	10,858,000	16,549,000	29,275,000	21,948,000	18,835,000	36,898,000	24,320,000	15,320,000	17,062,000	32,136,000	19,167,000	17,099,000	17,801,000	16,110,000	16,188,000	15,341,000	15,005,000	15,960,000	16,610,000	13,954,000	12,875,000	12,048,000	12,248,000	9,688,000	10,260,000	10,676,000	10,713,000	9,951,000	8,405,000	8,195,000	8,398,000	7,379,000	7,932,000	8,623,000	9,336,000	10,192,000	10,604,000	10,055,000	9,396,000	9,210,000	8,832,000	8,599,000	8,002,000	9,555,000	9,495,000
property transactions	8,668,000	101,775,000	125,000	15,468,000	22,192,000	25,493,000	16,477,000	17,154,000	7,722,000	12,227,000	5,614,000	-396,076,000	-1,060,701,000	-11,639,000	-19,395,000	54,738,000	-68,578,000	3,677,000	-28,906,000	26,071,000	8,127,000	4,116,000	26,349,000	54,975,000	11,378,000	249,858,000	5,790,000	8,776,000	28,679,000	-42,400,000	16,970,000	5,898,000	27,629,000	7,711,000	13,243,000	1,696,000	12,361,000	-1,268,000	854,000	5,131,000	1,491,277,000	7,123,000	3,953,000	1,589,000	480,000	6,794,000	33,170,000	558,000	2,012,000	26,127,000	88,131,000	8,491,000	5,803,000	90,467,000	917,000	81,837,000	900,000	91,000	6,349,000	318,154,000	1,126,282,000	689,000	549,358,000
goodwill impairment	22,794,000
foreign currency transaction loss	2,550,000	-23,002,000	207,531,000	100,923,000	-156,891,000	65,469,000	-4,241,000	-32,925,000
noncash lease expense	126,133,000	125,913,000	128,691,000	128,361,000	128,991,000	128,982,000	128,921,000	128,509,000	127,549,000	127,489,000	128,859,000	132,223,000	134,559,000	135,022,000	107,904,000	60,118,000	57,331,000	43,557,000	43,562,000	44,467,000	43,485,000	43,250,000	45,568,000	51,096,000
other investment losses			-3,197,000	-35,029,000	43,371,000	-54,894,000	22,473,000	21,287,000	-38,340,000	51,835,000				19,588,000
loss from unconsolidated affiliates	-30,362,000	-31,584,000	-21,805,000	12,634,000	42,111,000	-8,406,000	32,422,000	25,260,000	-6,732,000	-22,945,000	16,630,000	76,183,000	41,534,000	18,462,000	61,703,000	61,971,000	23,817,000	-11,690,000	-60,122,000	46,415,000	28,410,000	2,969,000														-32,782,000				5,792,000		-33,412,000					8,811,000	-5,034,000	57,747,000	18,745,000	32,182,000	6,111,000	58,968,000	14,850,000	40,175,000	24,153,000	-4,025,000	-23,053,000	-9,180,000	34,310,000	57,767,000	107,762,000	9,550,000
distributions from unconsolidated affiliates	8,908,000	1,420,000	5,376,000	1,449,000	9,539,000	1,302,000	9,771,000	1,317,000	11,283,000	1,299,000	6,224,000	1,315,000	1,304,000	1,301,000	9,386,000	25,444,000	24,952,000	24,793,000	33,331,000	16,294,000	24,185,000	24,161,000	24,352,000	13,886,000					0	1,913,000	5,100,000	4,550,000	2,600,000	3,350,000	2,850,000	4,250,000	2,889,000	3,303,000	3,802,000	6,911,000	18,133,000	3,386,000	3,775,000	4,039,000	4,467,000	3,841,000	3,557,000	3,703,000	4,140,000	4,713,000	3,678,000	4,397,000	4,788,000	5,216,000	5,199,000	6,222,000	10,185,000	38,029,000	64,796,000	8,001,000	8,000,000	11,909,000	50,359,000
deferred income taxes	-242,714,000	25,147,000	-18,216,000	-9,781,000	-16,174,000	-9,195,000	-51,544,000	-8,203,000	-129,106,000	-23,994,000	-2,276,000	38,098,000	124,349,000	-170,802,000	541,572,000	1,070,000	88,483,000	222,285,000	11,472,000	-80,293,000	-31,286,000	-79,668,000	-147,920,000	277,221,000	542,261,000	-15,828,000	786,000	67,827,000	105,482,000	12,224,000	18,760,000	-89,746,000	-1,360,346,000	82,570,000	22,122,000	-9,020,000	9,030,000	-52,114,000	-45,197,000	7,653,000	102,608,000	-25,535,000	-12,040,000	-68,648,000	325,454,000	9,431,000	4,585,000	-7,637,000			6,018,000	63,125,000									-440,283,000	91,106,000	-72,954,000
change in operating assets and liabilities:
accounts receivable	-217,667,000	102,819,000	-67,047,000	91,780,000	-117,418,000	33,822,000	-108,673,000	34,607,000	-137,584,000	-106,444,000	36,050,000	75,690,000	-145,131,000	-18,380,000	-37,791,000	-10,385,000	-68,560,000	-29,469,000	-92,183,000	-45,970,000	767,706,000	-55,716,000	111,884,000	136,225,000	-70,824,000	-735,866,000	31,119,000	48,961,000	-117,763,000	-57,948,000	-1,231,000	27,388,000	-31,972,000	-49,697,000	27,008,000	36,223,000	-57,948,000	-12,647,000	14,640,000	22,747,000	-17,469,000	-15,134,000	-23,767,000	-6,350,000	-54,113,000	31,642,000	4,222,000	-14,186,000	-75,172,000	29,033,000						-100,125,000	-2,522,000	-4,486,000	-4,798,000	2,738,000	-36,503,000	21,187,000	-70,213,000
inventories	2,269,000	-147,000	8,050,000	5,507,000	4,304,000	3,149,000	-451,000	-5,727,000	-5,758,000	-4,955,000	-2,121,000	-2,690,000	-14,239,000	1,031,000	-7,639,000	-5,780,000	-2,203,000	-3,957,000	3,356,000	5,911,000	9,013,000	9,476,000	-462,000	-3,322,000	-1,212,000	2,621,000	4,690,000	423,000	-6,403,000	5,471,000	-1,814,000	-5,114,000	-1,058,000	1,871,000	-2,673,000	-2,796,000	-329,000	4,751,000	-218,000	6,602,000	-3,704,000	3,952,000	-3,628,000	731,000	-5,341,000	3,117,000	-958,000	6,349,000	-9,574,000	2,782,000	3,947,000	2,509,000			2,061,000	1,035,000	-1,935,000	1,294,000	-2,912,000	3,326,000	-438,000	5,442,000	-3,688,000
income taxes receivable and payable	-39,846,000	58,417,000	-20,333,000	49,407,000	-63,639,000	1,741,000	-123,893,000	52,949,000	23,378,000	-33,419,000	-183,016,000	134,564,000	161,224,000	116,000	-3,447,000	39,204,000	-74,850,000	27,184,000	15,984,000	1,238,000	-73,037,000	-3,870,000	-122,048,000	-17,295,000	-3,296,000	-2,881,000	-2,461,000	9,897,000	-8,877,000	3,569,000	18,528,000	900,000	-48,565,000	13,375,000	-84,710,000	66,696,000	11,312,000	-2,522,000	-2,184,000	6,779,000	-7,402,000	-2,382,000	-3,041,000	6,879,000	-17,066,000	-30,424,000			14,115,000	-6,067,000	2,602,000	2,818,000			54,657,000	370,000	175,678,000	2,606,000	2,155,000	12,620,000	335,313,000	-152,102,000	-219,863,000
prepaid expenses and other	86,630,000	-70,785,000	59,083,000	-70,475,000	68,639,000	-29,581,000	35,253,000	-39,249,000	23,213,000	-70,684,000	20,267,000	-23,671,000	10,979,000	-56,217,000	44,582,000	-13,768,000	15,547,000	-40,320,000	15,423,000	-27,258,000	44,858,000	-21,403,000	16,619,000	-40,111,000	30,672,000	-44,787,000	62,132,000	-40,450,000	31,155,000	-52,105,000	32,127,000	-26,712,000	3,279,000	-43,737,000	34,383,000	-40,899,000	35,811,000	-14,014,000	38,776,000	-40,381,000	14,890,000	-18,546,000	27,348,000	-37,386,000	15,044,000	9,705,000	27,131,000	-29,736,000	31,058,000	-39,202,000						-14,215,000	32,884,000	-11,685,000	13,175,000	-25,960,000	29,042,000	-14,610,000	3,200,000
accounts payable and accrued liabilities	122,484,000	-9,948,000	32,105,000	-227,015,000	125,234,000	53,617,000	-61,630,000	-224,616,000	133,207,000	288,850,000	66,884,000	-78,810,000	91,639,000	106,169,000	46,594,000	-60,563,000	60,504,000	194,622,000	211,263,000	-23,763,000	-932,602,000	190,992,000	-63,434,000	-577,936,000	-13,670,000	598,477,000	-21,936,000	-97,269,000	-29,042,000	-65,510,000	2,343,000	113,717,000	416,405,000	105,466,000	38,712,000	-141,058,000	184,198,000	160,919,000	21,415,000	-93,704,000	-31,067,000	48,289,000	-78,863,000	-77,428,000	-119,235,000	-91,206,000	9,420,000	-87,934,000	-73,524,000	91,917,000			170,493,000	-44,326,000	130,230,000	66,469,000	-31,208,000	-12,761,000	57,862,000	42,037,000	-5,024,000	-83,667,000	59,550,000
other	26,739,000	58,067,000	-67,033,000	-25,582,000	82,346,000	-60,500,000	71,643,000	30,668,000	-41,600,000	39,343,000	18,629,000	22,841,000	-32,394,000	10,394,000	11,268,000	-4,311,000	-45,722,000	-38,584,000	-7,596,000	-33,745,000	-8,940,000	-15,932,000	-14,909,000	-8,969,000	-7,708,000	-10,860,000	-7,084,000	-10,257,000	-17,951,000	4,673,000	-14,696,000	-6,531,000	-14,737,000	-4,575,000	2,508,000	-4,377,000	-25,960,000	-1,755,000	-819,000	-11,230,000	-37,320,000	-99,000	5,887,000	5,401,000	-14,835,000	10,514,000	-82,000	5,227,000	-3,511,000	10,356,000						12,701,000	4,395,000	-4,339,000	-12,662,000	-4,175,000	-11,871,000	16,379,000	-7,274,000
net cash from operating activities	654,995,000	681,434,000	645,870,000	547,079,000	671,555,000	667,431,000	474,238,000	549,271,000	715,938,000	694,080,000	576,706,000	704,053,000	423,188,000	400,561,000	512,231,000	420,482,000	486,718,000	518,289,000	456,026,000	-87,610,000	-243,438,000	-164,103,000	-662,565,000	-422,937,000	454,293,000	388,275,000	568,051,000	399,782,000	327,073,000	302,315,000	515,487,000	577,664,000	694,502,000	572,783,000	533,691,000	405,435,000	484,967,000	435,359,000	389,050,000	224,596,000	267,299,000	290,511,000	271,621,000	175,648,000	107,856,000	219,190,000	512,829,000	290,795,000	214,691,000	365,695,000	535,406,000	194,656,000	375,006,000	220,562,000	291,694,000	184,117,000	272,945,000	23,978,000	123,616,000	30,554,000	394,753,000	-44,909,000	69,598,000
cash flows from investing activities
capital expenditures	-296,455,000	-275,989,000	-268,442,000	-228,041,000	-404,017,000	-336,250,000	-238,242,000	-172,080,000	-328,760,000	-209,756,000	-253,477,000	-139,820,000	-308,497,000	-219,726,000	-135,261,000	-101,583,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	358,540,000	405,445,000	377,428,000	319,038,000	267,538,000	331,181,000	235,996,000	377,191,000	387,178,000	484,324,000	323,229,000	564,233,000	114,691,000	180,835,000	376,970,000	318,899,000	486,718,000	518,289,000	456,026,000	-87,610,000	-243,438,000	-164,103,000	-662,565,000	-422,937,000	454,293,000	388,275,000	568,051,000	399,782,000	327,073,000	302,315,000	515,487,000	577,664,000	694,502,000	572,783,000	533,691,000	405,435,000	484,967,000	435,359,000	389,050,000	224,596,000	267,299,000	290,511,000	271,621,000	175,648,000	107,856,000	219,190,000	512,829,000	290,795,000	214,691,000	365,695,000	535,406,000	194,656,000	375,006,000	220,562,000	291,694,000	184,117,000	272,945,000	23,978,000	123,616,000	30,554,000	394,753,000	-44,909,000	69,598,000
dispositions of property and equipment	6,500,000	522,000	31,000	60,000	9,707,000	1,791,000	1,134,000	547,000	-702,000	509,000	439,000	5,185,000	102,271,000	768,000	6,063,000	2,917,000	96,409,000	821,000	8,865,000	505,000	5,703,000	241,000	17,000	175,000	642,000	1,363,000	232,000	341,000	25,037,000	135,000	215,000	225,000	347,000	78,000	113,000	180,000	654,000	1,631,000	1,432,000	227,000	7,689,000	84,000	95,000	164,000	7,114,000	125,000	277,000	135,000	17,484,000	223,000	88,000	235,000				112,000			70,927,000	6,575,000			224,000
proceeds from sale of operating resorts									0	0	7,568,000	452,824,000
proceeds from repayment of principal on note receivable									0	0	0	152,518,000
acquisitions, net of cash acquired					0	-113,391,000	0	-491,000	0				430,000	-291,809,000
investments in unconsolidated affiliates	-29,416,000	-122,856,000			0	-140,880,000	-31,169,000	-10,029,000	-16,588,000	-70,664,000	-38,058,000	-35,730,000	-28,469,000	-59,136,000	-38,004,000	-129,177,000	-75,044,000	-50,000,000	-25,000,000	-76,845,000	-25,815,000	-32,766,000	-17,695,000	-20,649,000		-602,000	-71,111,000	-9,558,000		0	0	-2,503,000		-1,148,000	-1,273,000	-3,500,000
investments and other	-17,725,000	-6,223,000	-24,959,000	419,000	-10,177,000	94,341,000	-9,329,000	73,048,000	50,879,000	39,659,000	6,863,000	-223,348,000	-285,000,000	-83,081,000
net cash from investing activities	-200,580,000	-334,879,000	-378,290,000	-227,040,000	-403,925,000	-493,829,000	-276,999,000	-108,410,000	-293,621,000	-361,537,000	-271,195,000	212,178,000	535,545,000	-644,045,000	2,464,064,000	-237,383,000	-133,376,000	1,950,743,000	-118,810,000	-154,912,000	-112,250,000	-69,561,000	-21,566,000	2,362,681,000	4,548,687,000	-151,688,000	-150,754,000	-726,811,000	-284,329,000	-1,119,259,000	-247,056,000	-432,377,000	-453,978,000	-533,836,000	-126,829,000	-465,949,000	-686,435,000	-1,157,543,000	-2,202,000	-430,024,000	-393,005,000	-225,174,000	-293,676,000	116,797,000	-933,097,000	-188,893,000	-188,091,000	-214,069,000	-188,785,000	-131,139,000						-95,269,000	331,683,000	-110,537,000	-165,157,000	-54,736,000	-49,952,000	-316,234,000	-55,969,000
cash flows from financing activities
net borrowings (repayments) of debt – maturities of 90 days or less
issuance of long-term debt					0	850,000,000											0	0	0	749,775,000	1,500,000,000	0			0	0	2,500,000,000	750,000,000	0	0							0																									845,000,000
repayment of long-term debt	0	0			-675,000,000	0			0	-35,600,000	0	-1,250,000,000
debt issuance costs	0	0			-50,000	-12,945,000	-15,715,000	-9,608,000	-918,000				0	0	0	-1,367,000	-7,368,000	-12,000	-2,134,000	-9,212,000	-20,318,000	-1,822,000	-30,869,000	-9,339,000	0	-17,845,000	-35,435,000	-10,111,000	-11,711,000	-31,000	-60,233,000	-4,544,000	-217,000	-4,357,000	-498,000	-4,905,000	-1,130,000	-15,193,000	-90,684,000	-32,577,000	0	-531,000							-6,515,000	0									-8,300,000	0	-27,877,000	-70,654,000	1,172,000
distributions to noncontrolling interest owners	-10,488,000	-78,710,000	-68,230,000	-11,807,000	-84,998,000	-8,633,000	-83,364,000	-11,572,000	-8,000,000	-7,476,000	-143,681,000	-17,936,000	-2,907,000	-1,538,000	-88,215,000	-118,039,000	-84,676,000	-83,938,000	-79,186,000	-76,390,000	-66,610,000	-65,127,000	-81,995,000	-72,653,000	-51,064,000	-69,821,000	-55,879,000	-46,539,000	-35,406,000	-48,119,000	-54,027,000	-47,380,000	-30,732,000	-49,798,000	-65,029,000	-24,843,000	-24,677,000	-45,892,000	-30,531,000	-2,267,000	-2,665,000	-40,108,000	-61,830,000	-202,624,000	-987,000	-71,275,000	-67,307,000	-247,140,000	0	-59,332,000
repurchases of common stock	-511,097,000	-12,000	-227,883,000	-489,280,000	-119,826,000	-322,727,000	-408,766,000	-506,571,000	-623,029,000	-565,669,000	-618,820,000	-484,399,000	-352,208,000
net cash from financing activities	-498,694,000	-172,495,000	-589,686,000	-470,219,000	-790,482,000	349,653,000	-494,482,000	-628,970,000	-827,534,000	-847,561,000	-949,403,000	-2,380,133,000	-243,738,000	-241,133,000	-373,844,000	-2,165,587,000	-720,668,000	-2,523,413,000	-883,513,000	1,313,499,000	863,589,000	-7,985,000	-496,930,000	1,744,753,000	-3,909,708,000	-162,107,000	-482,630,000	24,851,000	181,837,000	845,548,000	-521,101,000	-117,050,000	-726,798,000	190,965,000	-43,411,000	10,466,000	201,710,000	-334,932,000	451,682,000	200,962,000	-19,868,000	-591,870,000	164,636,000	189,223,000	1,227,156,000	-79,559,000	-74,832,000	-764,688,000	402,174,000	-137,884,000						804,810,000	-114,103,000	18,870,000	-12,252,000	-436,269,000	227,820,000	-1,254,477,000	1,145,588,000
effect of exchange rate on cash, cash equivalents, and restricted cash	-11,678,000	2,221,000	8,778,000	5,089,000	-12,147,000	13,533,000	-10,669,000	-17,600,000	16,915,000	-11,923,000	-17,913,000	-6,480,000	12,241,000	-1,698,000	-262,000	-1,355,000
change in cash and cash equivalents classified as assets held for sale									0	0	0	25,938,000	13,718,000	-2,424,000
cash, cash equivalents, and restricted cash
net change for the period	-70,562,000	176,281,000	-313,328,000	-145,091,000	-534,999,000	536,788,000	-307,912,000	-205,709,000	-388,302,000	-526,941,000	-661,805,000	-1,444,444,000		-488,739,000	2,564,957,000	-1,983,843,000
balance, beginning of period	0	0	0	2,503,064,000	0	0	0	3,014,896,000	0	0	0	6,036,388,000	0	0	0	5,203,059,000	0	0	0	5,101,637,000	0	0	0	2,329,604,000	0	0	0	1,526,762,000	0	0	0	1,499,995,000	0	0	0	1,446,581,000	0	0	0	1,670,312,000	0	0	0	1,713,715,000	0	0	0	1,803,669,000	0	0	0	1,543,509,000	0	0	1,865,913,000	0	0	498,964,000	0	0	0	2,056,207,000
balance, end of period	-70,562,000	176,281,000	-313,328,000	2,357,973,000	-534,999,000	536,788,000	-307,912,000	2,809,187,000	-388,302,000	-526,941,000	-661,805,000	4,591,944,000	740,954,000	-488,739,000	2,564,957,000	3,219,216,000	-367,774,000	-55,399,000	-545,280,000	6,171,512,000	507,765,000	-241,633,000	-1,180,912,000	6,016,417,000	1,096,035,000	72,978,000	-62,813,000	1,223,404,000	224,085,000	29,805,000	-252,530,000	1,525,402,000	-486,693,000	229,626,000	361,618,000	1,395,444,000	423,000	-1,057,097,000	838,350,000	1,664,905,000	-137,483,000	-534,545,000	146,805,000	2,195,535,000	400,288,000	-51,710,000	250,401,000	1,114,736,000	428,266,000	96,730,000	-201,964,000	1,480,637,000	711,238,000	97,029,000	1,634,892,000	893,572,000	490,278,000	431,275,000	-53,793,000	-460,451,000	572,621,000	440,587,000
supplemental cash flow disclosures
interest paid, net of amounts capitalized	119,639,000	72,049,000	127,417,000	70,023,000	144,237,000	50,288,000	163,373,000	48,362,000	150,987,000	50,704,000	158,230,000	92,239,000	161,928,000	82,080,000	146,108,000	183,513,000			200,920,000	146,631,000	211,198,000	139,101,000	127,417,000	162,002,000	229,185,000	182,589,000	205,849,000	209,347,000	206,741,000	192,089,000	156,375,000	168,404,000	135,786,000	180,861,000	129,843,000	212,147,000		203,241,000	153,076,000	195,028,000	152,287,000	225,462,000	185,361,000	213,430,000	180,997,000	203,805,000	191,750,000	200,226,000	194,643,000	209,490,000	217,534,000	218,613,000	260,770,000	261,491,000	211,835,000	208,144,000			260,483,000	259,034,000	248,674,000	251,849,000	307,094,000
non-cash investing and financing activities
mgm grand paradise gaming concession intangible asset									0	0	0	226,083,000
mgm grand paradise gaming concession payment obligation										0	0	226,083,000
loss on retirement of long-term debt																										2,721,000			1,426,000	-443,000	1,617,000	1,019,000	14,351,000	30,547,000			29,000	16,783,000	49,460,000	661,000	0	0							2,000	8,000	3,767,000	24,000	0	0	58,740,000				8,516,000	0			2,932,000
other investment gains												-6,152,000				-14,983,000	10,155,000	47,611,000
net borrowings (repayments) under bank credit facilities - maturities of 90 days or less				50,374,000						-172,587,000				99,388,000	855,796,000	-18,134,000
federal, state, and foreign income taxes paid (refunds received)				-156,000
net borrowings under bank credit facilities - maturities of 90 days or less
federal, state, and foreign income taxes paid
loss on early retirement of debt					5,074,000												0	0			0	-202,000	-79,000	126,743,000
gain on reit transactions													0	0							0	0	0	-1,491,945,000
proceeds from real estate transactions													0	0
net borrowings (repayments) under bank credit facilities – maturities of 90 days or less																								1,289,434,000	-1,923,042,000			-289,767,000									192,584,000			243,000,000					1,712,375,000
dividends paid to common shareholders													-957,000	-980,000	-1,021,000	-1,090,000	-1,151,000	-1,181,000	-1,220,000	-1,237,000	-1,236,000	-1,233,000	-1,233,000	-73,904,000	-66,125,000	-66,948,000	-68,416,000	-69,799,000	-63,297,000	-63,961,000	-65,335,000	-67,999,000	-62,288,000	-63,297,000	-63,247,000	-63,182,000
federal, state and foreign income taxes paid					41,716,000	59,344,000	163,609,000	2,327,000	57,836,000				10,067,000
net repayments under bank credit facilities - maturities of 90 days or less								-76,702,000				-586,456,000																																			-2,625,000	-1,735,125,000
amortization of debt discounts, premiums and issuance costs							6,688,000	7,020,000	6,998,000	6,970,000	6,746,000	7,130,000	7,365,000	7,133,000	7,986,000	10,285,000	10,192,000	10,198,000	10,204,000	9,734,000	9,445,000	9,015,000	7,968,000	7,935,000	9,433,000	9,804,000	10,362,000	9,373,000	10,389,000	10,757,000	10,322,000	9,634,000	7,065,000	8,214,000	8,873,000	8,844,000	8,832,000	9,275,000	9,941,000	12,445,000	11,451,000	15,315,000	9,732,000	9,782,000	9,543,000	9,379,000	9,326,000	9,402,000	9,254,000	9,151,000	8,510,000	8,366,000	16,698,000	16,534,000	22,854,000	23,130,000	23,624,000	23,558,000	23,806,000	24,446,000	24,234,000	15,497,000	14,648,000
mgm grand paradise gaming concession long-term obligation
gain on consolidation of citycenter																	0
issuance of mgm growth properties class a shares																	0	282,000	116,535,000	676,034,000	0	0	88,000	524,616,000	550,644,000	86,063,000
non-cash financing activities
federal, state and foreign income taxes paid (refunds received)											216,501,000	372,000								-2,401,000
proceeds from issuance of bridge loan facility																					0	0	0	1,304,625,000
net increase for the period																	-367,774,000	-55,399,000	-545,280,000	1,069,875,000	507,765,000	-241,633,000	-1,180,912,000	3,686,813,000				-303,358,000	224,085,000	29,805,000	-252,530,000	25,407,000	-486,693,000	229,626,000				-1,057,097,000	838,350,000	-5,407,000	-145,626,000	-526,402,000	142,591,000	482,372,000					428,266,000							893,572,000			-53,793,000	-460,451,000	572,621,000	-1,615,620,000
vici breit venture assumption of bridge loan facility
retirement of senior notes														0	0	-1,000,000,000					0	-18,000											0				0	-759,205,000			0	-875,000,000				0	0	-508,900,000		-150,028,000						-31,230,000	-8,436,000	-325,470,000	0	-645,839,000	-211,684,000	-296,956,000	-57,362,000
purchases of common stock															-1,114,083,000	-1,001,972,000	-727,315,000	-686,533,000	-220,392,000	-119,269,000	0	0	0	-353,720,000	-392,719,000	-356,982,000			-149,999,000	-176,070,000	-594,864,000	-362,400,000	0
net loss																-34,793,000																																							-203,307,000			-89,871,000	-139,189,000	-317,991,000
adjustments to reconcile net loss to net cash from operating activities:
federal, state and foreign income tax refunds received																-67,294,000
proceeds from sale of circus circus las vegas and adjacent land
net repayments under bank credit facilities – maturities of 90 days or less																	146,270,000	-1,690,887,000				70,320,000																				328,908,000	272,118,000	-1,318,626,000												839,226,000						-1,275,177,000
note receivable related to sale of circus circus las vegas and adjacent land
mgp breit venture assumption of bridge loan facility																					0	0	0	1,304,625,000
gain on reit transaction
capital expenditures, net of construction payable																		-138,747,000	-104,478,000	-78,914,000	-93,008,000	-37,363,000	-67,098,000	-73,110,000	-256,220,000	-161,168,000	-138,366,000	-183,252,000	-262,919,000	-362,163,000	-443,137,000	-418,624,000	-464,804,000	-526,668,000	-416,535,000	-456,075,000	-672,165,000	-619,737,000	-543,072,000	-427,499,000	-466,241,000	-406,537,000	-301,712,000	-292,329,000	-254,582,000	-247,211,000	-177,497,000	-192,751,000	-182,551,000	-136,695,000						-91,146,000	-50,719,000	-34,459,000	-78,952,000	-49,444,000	-25,153,000	-53,942,000	-14,166,000
proceeds from sale of investments in unconsolidated affiliates
proceeds from sale of aria and vdara real estate assets
acquisition of citycenter, net of cash acquired
proceeds from mandalay bay and mgm grand las vegas transaction																					0	0	0	2,455,839,000
effect of exchange rate on cash																		-1,018,000	1,017,000	-1,102,000	-136,000	16,000	149,000	2,316,000	2,763,000	-1,502,000	2,520,000	-1,180,000	-496,000	1,201,000	140,000	-2,830,000	-419,000	-286,000	-1,833,000	-1,089,000	181,000	19,000	-180,000	-941,000	-52,000	131,000	10,000	704,000	688,000	-1,101,000	495,000	-971,000	186,000	58,000			274,000	671,000	148,000	-86,000
cash and cash equivalents
investment in mgp breit venture																					0	0	0	802,000,000
net borrowings under bank credit facilities – maturities of 90 days or less																				125,902,000									464,158,000			380,035,000	-603,733,000			107,480,000
proceeds from bellagio transaction
proceeds from sale of business units and investment in unconsolidated affiliate
acquisition of northfield, net of cash acquired
acquisition of empire city casino, net of cash acquired																									0	0	0	-535,681,000
investment in bellagio breit venture
provision for doubtful accounts																						14,369,000	39,879,000	21,980,000	8,814,000	13,128,000	8,950,000	8,378,000				9,141,000	6,839,000	3,403,000	-2,506,000	12,867,000		3,786,000	-5,811,000	5,009,000		11,343,000	17,673,000	17,955,000			14,460,000	9,834,000	-1,960,000	233,000	3,092,000	13,604,000	15,318,000	12,133,000	19,542,000	6,757,000	4,133,000	8,406,000	7,110,000	3,587,000	17,829,000	1,306,000	11,020,000
federal, state and foreign income taxes paid, net of refunds																						6,728,000	-572,000	2,439,000		11,153,000	13,498,000	-6,429,000				2,935,000	23,114,000	17,932,000	138,045,000	2,560,000		7,914,000	50,807,000	4,601,000	-19,639,000	9,477,000	17,216,000	4,747,000	2,010,000	31,754,000	4,644,000	3,864,000	29,000	-576,000	-2,354,000	3,736,000	293,000	4,416,000	1,830,000	1,145,000	-174,090,000	1,913,000	1,000,000	30,315,000	-362,273,000	740,000
income from unconsolidated affiliates																								-3,127,000	-9,569,000	-21,545,000	-5,527,000	-20,584,000	-16,323,000	-23,912,000	-36,872,000	-19,435,000		-28,876,000				-21,365,000						-97,697,000	21,680,000
retirement of senior notes and senior debentures																								-846,724,000	-2,004,189,000	-52,000	-909,926,000	-850,000,000
empire city transaction assets acquired
gain on bellagio transaction
investments in and advances to unconsolidated affiliates																																					-2,078,000	0	0	-1,555,000	-1,538,000	-17,845,000	-16,600,000	-160,079,000	-32,594,000	-16,696,000	-21,575,000	-32,175,000	-5,100,000	-9,453,000						-5,000,000	-26,000,000	-76,648,000	-145,000,000	-106,000,000	-40,000,000	-262,000,000	-41,618,000
increase in construction accounts payable
net decrease for the period																										72,978,000										-51,137,000										-50,363,000	250,401,000	-688,933,000										-67,689,000
issuance of mgm growth properties common stock in public offering																												571,838,000										0
mgm growth properties class a share issuance costs																												-23,447,000
benefit from doubtful accounts																																													14,144,000
gain on borgata transaction																																					-340,000
prepaid cotai land concession premium																													1,721,000	1,718,000	1,718,000	1,722,000	1,727,000	1,724,000	1,731,000	-12,947,000	1,737,000	-12,946,000	1,737,000	-12,904,000	1,740,000	-12,954,000	1,740,000	-12,953,000	1,739,000	-12,956,000	1,739,000	-12,945,000	1,740,000	-12,946,000	1,720,000	1,569,000
proceeds from partial disposition of investment in unconsolidated affiliate																																					0
acquisition of borgata, net of cash acquired																																					-8,468,000
distributions from unconsolidated affiliates in excess of cumulative earnings																													2,344,000	120,287,000			1,211,000	0			-939,000	-401,000	541,808,000	1,629,000	-1,238,000	714,000
borrowings under bank credit facilities – maturities longer than 90 days																																					0	0			0	1,701,875,000	1,706,250,000	1,710,625,000	0						0	2,793,000,000			450,000,000	2,284,129,000						1,942,524,000
repayments under bank credit facilities – maturities longer than 90 days																																					0				-1,701,875,000	-1,706,250,000			-1,719,375,000											-2,284,129,000						-2,399,037,000
retirement of senior debentures																																								-2,661,000
repayment of borgata credit facility																																					0
issuance of mgm growth properties class a shares in public offering
acquisition of mgm china shares																																					0
proceeds from issuance of redeemable noncontrolling interests
common stock issued for acquisition of mgm china shares
deferred cash payment for acquisition of mgm china shares
proceeds from sale of investment in unconsolidated affiliate
acquisition of northfield park, net of cash acquired
mgm growth properties class a share issurance costs
retirement of debentures																														0	0	-2,265,000
federal, state and foreign income taxes paid (received), net of refunds
investments in cash deposits - original maturities longer than 90 days
proceeds from cash deposits - original maturities longer than 90 days
change in cash related to assets held for sale																																									8,143,000	-8,143,000	4,214,000	-552,000
conversion of convertible senior notes to equity																																									0	0
increase in investment in and advances to citycenter related to change in completion guarantee liability																																									0	0	0	-8,198,000	9,411,000	30,773,000				29,405,000
issuance of long term debt
issuance of mgm growth properties common shares in public offering
mgm growth properties common share issuance costs
(income) income from unconsolidated affiliates
investments in treasury securities - maturities longer than 90 days																																													0	-29,996,000	-39,073,000	-54,064,000		-54,114,000						-90,109,000
proceeds from treasury securities - maturities longer than 90 days																																													0	99,062,000	48,175,000	63,063,000		69,126,000	75,156,000	60,112,000	75,119,000	90,074,000	60,108,000	90,071,000
payments for gaming licenses
excess tax benefit from exercise of stock options																																					8,507,000	958,000	2,777,000	1,035,000
proceeds from sale of assets held for sale																																										0
investments in cash deposits – original maturities longer than 90 days
proceeds from cash deposits – original maturities longer than 90 days
mgm growth properties common stock issuance costs																																						0
proceeds from issuance of redeemable noncontrolling interest																																										0
decrease in investment in and advances to citycenter related to change in completion guarantee liability
proceeds from sale of business units and investment in unconsolidated affiliates
issuance of senior notes																																																					1,000,000,000	0	1,850,000,000	0			494,485,000	0
investments in cash deposits - maturities longer than 90 days																																										0
proceeds from cash deposits - maturities longer than 90 days																																										200,205,000
distributions from unconsolidated affiliates in excess of earnings																																												1,111,000	-867,000	209,000	293,000	497,000				103,000	-738,000	284,000	1,801,000			985,000
cash deposits - original maturities longer than 90 days																																												570,000,000
retirement of senior notes, including premiums paid
cash related to assets held for sale																																													-2,315,000
borrowings under bank credit facilities - maturities longer than 90 days																																															1,723,750,000	1,728,125,000
repayments under bank credit facilities - maturities longer than 90 days
income taxes payable																																																5,736,000
increase in investment in citycenter related to change in completion guarantee liability																																																12,306,000					54,786,000			2,001,000			10,391,000	232,425,000
gain on mgm china transaction																																																								0
acquisition of mgm china, net of cash paid
investments in treasury securities- maturities longer than 90 days
proceeds from treasury securities- maturities longer than 90 days
non-cash investing activity
change in deferred income taxes																																																								-76,500,000	-80,713,000	-65,418,000	-46,910,000
net repayments under bank credit facilities — maturities of 90 days or less																																																												210,000,000
borrowings under bank credit facilities — maturities longer than 90 days																																																					450,000,000					1,206,728,000		3,180,041,000			110,000,000
repayments under bank credit facilities — maturities longer than 90 days																																																										-1,077,400,000		-3,180,041,000			-366,115,000
acquisition of mgm china, net of cash acquired																																																								0
net borrowings (repayments) under bank credit facilities — maturities of 90 days or less																																																										215,672,000					1,457,807,000
adjustments to reconcile net loss to net cash provided by operating activities:
gain on retirement of long-term debt
change in current assets and liabilities:
distributions from cost method investments																																																											3,246,000
capped call transactions																																																											0	0
investments in treasury securities — maturities longer than 90 days																																																										-60,035,000
proceeds from treasury securities — maturities longer than 90 days																																																										59,994,000
interest paid																																																										220,095,000
business interruption insurance – lost profits
business interruption insurance – cost recovery
convertible note investment impairment
business interruption insurance recoveries																																																															0
proceeds from sale of treasure island
property damage insurance recoveries																																																															0
issuance of common stock in public offering
repayment of detroit economic development corporation bonds
business interruption insurance — lost profits																																																															0
payment of detroit economic development corporation bonds																																																															0
change in current assets and liabilities
issuance of common stock upon exercise of stock options
gain on extinguishment of long-term debt																																																														-141,755,000
advance to infinity world
issuance of common stock upon exercise of stock awards
note receivable related to sale of treasure island
adjustments to reconcile net income to net cash provided by operating activities:
convertible note impairment																																																															0
business interruption insurance — cost recovery
gain on citycenter transaction
gain on disposal of discontinued operations
changes in assets and liabilities:
real estate under development
residential sales deposits
proceeds from sale of ti
proceeds from contribution of citycenter
proceeds from disposals of discontinued operations
purchase of convertible note
issuance of common stock
excess tax benefits from stock-based compensation
net increase for the year
balance, beginning of year
balance, end of year
state, federal and foreign income taxes paid, net of refunds
carrying value of net assets contributed to joint venture
citycenter completion guarantees and delayed equity contributions
reduction in investment in citycenter related to change in completion guarantee liability

MGM Resorts International(NYSE:MGM)

MGM Resorts International
(NYSE:MGM)