MGM Resorts (MGM) Revenue & Revenue Breakdown

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MGM Resorts Revenue Highlights

Latest Revenue (Y)

$16.16B

Latest Revenue (Q)

$4.18B

Main Segment (Y)

Casino

Main Geography (Y)

M G M China

MGM Resorts Revenue by Period

MGM Resorts Revenue by Year

Date	Revenue	Change
2023-12-31	$16.16B	23.13%
2022-12-31	$13.13B	35.61%
2021-12-31	$9.68B	87.52%
2020-12-31	$5.16B	-59.98%
2019-12-31	$12.90B	9.66%
2018-12-31	$11.76B	8.94%
2017-12-31	$10.80B	14.20%
2016-12-31	$9.46B	2.88%
2015-12-31	$9.19B	-8.85%
2014-12-31	$10.08B	2.78%
2013-12-31	$9.81B	7.08%
2012-12-31	$9.16B	16.71%
2011-12-31	$7.85B	30.40%
2010-12-31	$6.02B	0.68%
2009-12-31	$5.98B	-17.07%
2008-12-31	$7.21B	-6.28%
2007-12-31	$7.69B	7.19%
2006-12-31	$7.18B	10.71%
2005-12-31	$6.48B	52.94%
2004-12-31	$4.24B	8.42%
2003-12-31	$3.91B	-3.04%
2002-12-31	$4.03B	0.54%
2001-12-31	$4.01B	13.94%
2000-12-31	$3.52B	152.85%
1999-12-31	$1.39B	79.83%
1998-12-31	$773.90M	-6.49%
1997-12-31	$827.60M	2.83%
1996-12-31	$804.80M	11.50%
1995-12-31	$721.80M	-2.75%
1994-12-31	$742.20M	1184.08%
1993-12-31	$57.80M	-

MGM Resorts generated $16.16B in revenue during NA 2023, up 23.13% compared to the previous quarter, and up 137.41% compared to the same period a year ago.

MGM Resorts Revenue by Quarter

Date	Revenue	Change
2024-09-30	$4.18B	-3.33%
2024-06-30	$4.33B	-1.28%
2024-03-31	$4.38B	0.18%
2023-12-31	$4.38B	10.13%
2023-09-30	$3.97B	0.79%
2023-06-30	$3.94B	1.78%
2023-03-31	$3.87B	7.82%
2022-12-31	$3.59B	5.16%
2022-09-30	$3.42B	4.63%
2022-06-30	$3.26B	14.38%
2022-03-31	$2.85B	-6.63%
2021-12-31	$3.06B	12.90%
2021-09-30	$2.71B	19.38%
2021-06-30	$2.27B	37.64%
2021-03-31	$1.65B	10.33%
2020-12-31	$1.49B	32.65%
2020-09-30	$1.13B	288.50%
2020-06-30	$289.81M	-87.14%
2020-03-31	$2.25B	-29.27%
2019-12-31	$3.19B	-3.90%
2019-09-30	$3.31B	2.83%
2019-06-30	$3.22B	1.46%
2019-03-31	$3.18B	4.06%
2018-12-31	$3.05B	0.78%
2018-09-30	$3.03B	5.97%
2018-06-30	$2.86B	1.29%
2018-03-31	$2.82B	8.66%
2017-12-31	$2.60B	-8.12%
2017-09-30	$2.83B	7.00%
2017-06-30	$2.64B	-2.45%
2017-03-31	$2.71B	10.05%
2016-12-31	$2.46B	-2.16%
2016-09-30	$2.52B	10.82%
2016-06-30	$2.27B	2.71%
2016-03-31	$2.21B	0.81%
2015-12-31	$2.19B	-3.90%
2015-09-30	$2.28B	-4.37%
2015-06-30	$2.39B	2.27%
2015-03-31	$2.33B	-2.23%
2014-12-31	$2.39B	-4.00%
2014-09-30	$2.49B	-3.72%
2014-06-30	$2.58B	-1.88%
2014-03-31	$2.63B	4.66%
2013-12-31	$2.51B	2.04%
2013-09-30	$2.46B	-0.73%
2013-06-30	$2.48B	5.49%
2013-03-31	$2.35B	2.51%
2012-12-31	$2.29B	1.75%
2012-09-30	$2.25B	-2.96%
2012-06-30	$2.32B	1.58%
2012-03-31	$2.29B	-0.40%
2011-12-31	$2.30B	2.83%
2011-09-30	$2.23B	23.68%
2011-06-30	$1.81B	20.00%
2011-03-31	$1.50B	2.63%
2010-12-31	$1.47B	-5.86%
2010-09-30	$1.56B	1.30%
2010-06-30	$1.54B	5.51%
2010-03-31	$1.46B	0.34%
2009-12-31	$1.45B	-5.27%
2009-09-30	$1.53B	-7.37%
2009-06-30	$1.66B	10.44%
2009-03-31	$1.50B	-7.74%
2008-12-31	$1.62B	-9.02%
2008-09-30	$1.79B	-5.81%
2008-06-30	$1.90B	0.64%
2008-03-31	$1.88B	-2.34%
2007-12-31	$1.93B	-

MGM Resorts generated $4.18B in revenue during Q3 2024, up -3.33% compared to the previous quarter, and up 106.11% compared to the same period a year ago.

MGM Resorts Revenue Breakdown

MGM Resorts Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Reimbursed Costs	$45.74M	$45.69M	$226.08M	$244.95M	$436.89M
Casino	$8.09B	$5.73B	$5.36B	$2.87B	$6.52B
Entertainment Retail And Other	$1.64B	$1.69B	$1.01B	$518.99M	$1.48B
Food and Beverage	$2.89B	$2.60B	$1.39B	-	-
Occupancy	$3.50B	$3.06B	$1.69B	$830.38M	$2.32B
Food And Beverage	-	-	-	$696.04M	$2.15B

MGM Resorts's latest annual revenue breakdown by segment (product or service), as of Dec 23: Casino (50.04%), Occupancy (21.66%), Food and Beverage (17.89%), Entertainment Retail And Other (10.13%), and Reimbursed Costs (0.28%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Reimbursed Costs	$11.88M	$11.88M	$12.18M	$11.96M	$11.56M	$11.55M	$10.67M	$13.17M	$10.69M	$9.92M	$11.91M	$8.32M	$84.57M	$75.13M	$58.06M	$98.25M	$32.32M	$16.20M	$98.19M	$106.09M
Entertainment Retail And Other	$411.33M	$401.61M	$404.39M	$422.20M	$385.69M	$420.71M	$409.58M	$421.69M	$447.64M	$445.34M	$371.57M	$369.58M	$315.69M	$189.01M	$135.22M	$98.86M	$101.62M	$48.57M	$269.94M	$362.49M
Food And Beverage	$755.32M	$802.14M	$302.67M	$157.41M	$143.24M	$126.32M	$29.77M	$396.71M	$520.27M	-	-	-	-	-	-	-	-	-	-	-
Occupancy	$883.56M	$899.00M	$956.40M	$1.01B	$827.09M	$815.32M	$848.49M	$897.94M	$827.40M	$774.73M	$557.07M	$636.13M	$490.46M	$365.03M	$198.42M	$189.36M	$175.45M	$31.62M	$433.95M	$566.23M
Casino	$2.12B	$2.21B	$2.24B	$2.20B	$2.05B	$1.95B	$1.88B	$1.55B	$1.41B	$1.36B	$1.42B	$1.53B	$1.40B	$1.34B	$1.10B	$963.83M	$690.22M	$163.65M	$1.05B	$1.63B
Food and Beverage	-	-	$769.40M	$727.86M	$698.26M	$743.24M	$722.13M	$710.65M	$722.98M	$677.76M	$492.85M	$515.05M	$416.48M	-	-	-	-	-	-	-

MGM Resorts's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Casino (50.70%), Occupancy (21.12%), Food And Beverage (18.06%), Entertainment Retail And Other (9.83%), and Reimbursed Costs (0.28%).

MGM Resorts Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
M G M China	$3.15B	$673.59M	$1.21B	$656.70M	$2.91B

MGM Resorts's latest annual revenue breakdown by geography, as of Dec 23: M G M China (100.00%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
M G M China	$929.46M	$1.02B	$1.06B	$982.54M	$812.52M	$740.96M	$617.59M	$174.72M	$87.49M	$143.01M	$268.38M	$314.72M	$289.06M	$310.63M	$296.35M	$304.75M	$46.87M	$33.20M	$271.89M	$727.37M
Las Vegas Strip Resorts	$2.13B	$2.21B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

MGM Resorts's latest quarterly revenue breakdown by geography, as of Sep 24: Las Vegas Strip Resorts (69.64%), and M G M China (30.36%).

MGM Resorts Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MGM	MGM Resorts	$16.16B	$4.18B
CZR	Caesars Entertainment	$11.53B	$2.87B
LVS	Las Vegas Sands	$10.37B	$2.68B
WYNN	Wynn Resorts	$6.53B	$1.69B
PENN	PENN Entertainment	$6.36B	$1.64B
MLCO	Melco Resorts & Entertainment	$3.78B	$1.11B
RRR	Red Rock Resorts	$1.72B	$468.02M

MGM Revenue FAQ

What is MGM Resorts’s yearly revenue?

MGM Resorts's yearly revenue for 2023 was $16.16B, representing an increase of 23.13% compared to 2022. The company's yearly revenue for 2022 was $13.13B, representing an increase of 35.61% compared to 2021. MGM's yearly revenue for 2021 was $9.68B, representing an increase of 87.52% compared to 2020.

What is MGM Resorts’s quarterly revenue?

MGM Resorts's quarterly revenue for Q3 2024 was $4.18B, a -3.33% decrease from the previous quarter (Q2 2024), and a 5.28% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $4.33B, a -1.28% decrease from the previous quarter (Q1 2024), and a 9.77% increase year-over-year (Q2 2023). MGM's quarterly revenue for Q1 2024 was $4.38B, a 0.18% increase from the previous quarter (Q4 2023), and a 13.17% increase year-over-year (Q1 2023).

What is MGM Resorts’s revenue growth rate?

MGM Resorts's revenue growth rate for the last 3 years (2021-2023) was 66.98%, and for the last 5 years (2019-2023) was 25.31%.

What are MGM Resorts’s revenue streams?

MGM Resorts's revenue streams in c 23 are Reimbursed Costs, Casino, Entertainment Retail And Other, Food and Beverage, and Occupancy. Reimbursed Costs generated $45.74M in revenue, accounting 0.28% of the company's total revenue, up 0.10% year-over-year. Casino generated $8.09B in revenue, accounting 50.04% of the company's total revenue, up 41.05% year-over-year. Entertainment Retail And Other generated $1.64B in revenue, accounting 10.13% of the company's total revenue, down -2.85% year-over-year. Food and Beverage generated $2.89B in revenue, accounting 17.89% of the company's total revenue, up 11.03% year-over-year. Occupancy generated $3.5B in revenue, accounting 21.66% of the company's total revenue, up 14.52% year-over-year.

What is MGM Resorts’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of MGM Resorts was Casino. This segment made a revenue of $8.09B, representing 50.04% of the company's total revenue.