SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables present the Company’s segment information:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(In thousands)
Net revenue
Las Vegas Strip Resorts
Casino	$	484,739	$	492,212	$	982,287	$	992,775
Rooms	767,294		706,715		1,594,547		1,458,406
Food and beverage	624,241		598,771		1,223,522		1,181,398
Entertainment, retail and other	329,188		348,952		660,135		690,223
	2,205,462		2,146,650		4,460,491		4,322,802
Regional Operations
Casino	684,037		679,430		1,369,005		1,396,407
Rooms	78,532		76,929		144,465		144,233
Food and beverage	111,906		111,491		219,659		223,370
Entertainment, retail and other, and reimbursed costs	52,663		58,250		103,488		107,933
	927,138		926,100		1,836,617		1,871,943
MGM China
Casino	891,241		669,658		1,811,289		1,224,930
Rooms	53,171		31,679		116,386		61,172
Food and beverage	65,991		32,973		128,360		60,598
Entertainment, retail and other	7,788		6,645		18,173		11,847
	1,018,191		740,955		2,074,208		1,358,547
Reportable segment net revenues	4,150,791		3,813,705		8,371,316		7,553,292
Corporate and other	176,584		128,502		339,529		262,211
	$	4,327,375	$	3,942,207	$	8,710,845	$	7,815,503

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(In thousands)
Adjusted Property EBITDAR
Las Vegas Strip Resorts	$	782,289	$	776,529	$	1,610,077	$	1,612,338
Regional Operations	288,378		293,767		562,480		606,942
MGM China	293,863		209,389		595,049		378,337
Reportable segment Adjusted Property EBITDAR	1,364,530		1,279,685		2,767,606		2,597,617
Other operating income (expense)
Corporate and other, net	(168,047)		(137,578)		(336,296)		(349,247)
Preopening and start-up expenses	(855)		(149)		(1,950)		(288)
Property transactions, net	(16,477)		(5,614)		(33,631)		390,462
Depreciation and amortization	(191,976)		(203,503)		(388,538)		(407,004)
Triple-net operating lease and ground lease rent expense	(564,186)		(564,158)		(1,128,525)		(1,134,713)
Income from unconsolidated affiliates related to real estate ventures	2,667		2,695		5,368		5,390
Operating income	425,656		371,378		884,034		1,102,217
Non-operating income (expense)
Interest expense, net of amounts capitalized	(112,739)		(111,945)		(222,776)		(242,245)
Non-operating items from unconsolidated affiliates	1,762		(441)		1,626		(1,625)
Other, net	(43,431)		23,693		(48,237)		70,000
	(154,408)		(88,693)		(269,387)		(173,870)
Income before income taxes	271,248		282,685		614,647		928,347
Benefit (provision) for income taxes	11,554		(39,141)		(32,119)		(204,920)
Net income	282,802		243,544		582,528		723,427
Less: Net income attributable to noncontrolling interests	(95,730)		(42,748)		(177,980)		(55,824)
Net income attributable to MGM Resorts International	$	187,072	$	200,796	$	404,548	$	667,603