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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Total revenue $ 17,240,545 $ 16,164,249 $ 13,127,485
Expenses      
General and administrative 4,825,313 4,700,657 4,226,617
Corporate expense 520,197 512,399 479,118
Preopening and start-up expenses 7,972 415 1,876
Property transactions, net 81,316 (370,513) (1,036,997)
Gain on REIT transactions, net 0 0 (2,277,747)
Depreciation and amortization 831,097 814,128 3,482,050
Total expenses 15,659,436 14,210,648 11,527,900
Loss from unconsolidated affiliates (90,653) (62,104) (160,213)
Operating income 1,490,456 1,891,497 1,439,372
Non-operating income (expense)      
Interest expense, net of amounts capitalized (443,230) (460,293) (594,954)
Non-operating items from unconsolidated affiliates (734) (1,032) (23,457)
Other, net 70,573 42,591 82,838
Total non-operating income (expense) (373,391) (418,734) (535,573)
Income before income taxes 1,117,065 1,472,763 903,799
Provision for income taxes (52,457) (157,839) (697,068)
Net income 1,064,608 1,314,924 206,731
Less: Net (income) loss attributable to noncontrolling interests (318,050) (172,744) 1,266,362
Net income attributable to MGM Resorts International $ 746,558 $ 1,142,180 $ 1,473,093
Earnings per share      
Basic (in dollars per share) $ 2.42 $ 3.22 $ 3.52
Diluted (in dollars per share) $ 2.40 $ 3.19 $ 3.49
Weighted average common shares outstanding      
Basic (in shares) 307,408 354,926 409,201
Diluted (in shares) 310,232 358,627 412,993
Casino      
Revenues      
Total revenue $ 8,785,649 $ 8,087,917 $ 5,734,173
Expenses      
Cost of sales 4,958,020 4,316,547 2,746,576
Rooms      
Revenues      
Total revenue 3,681,617 3,500,926 3,057,145
Expenses      
Cost of sales 1,119,108 1,017,650 937,272
Food and beverage      
Revenues      
Total revenue 3,078,731 2,891,483 2,604,238
Expenses      
Cost of sales 2,253,031 2,153,795 1,905,625
Entertainment, retail and other      
Revenues      
Total revenue 1,694,548 1,683,923 1,731,929
Expenses      
Cost of sales $ 1,063,382 $ 1,065,570 $ 1,063,510