Description
Overview of financial statements of MGM resorts International in 2022.
Research Goals and Objective
Research Objective: To study MGM Resorts publicly available financial information, determine the company's development strategy, and compile an overview of its annual financial reports.
Research Tasks:
- Find the company’s comprehensive financial and corporate information;
- Analyze the gathered information;
- Draw conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
Document Markup
- FY - Financial Year;
- MGM - MGM Resorts International;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- MGM Resorts International report period is from January 1 to December 31, 2022;
- The specified financial year coincides with the calendar year.
Short Insights
- The company operates resort hotels and casinos in various U.S. states, such as Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, and New Jersey. It is also expanding in Asia through integrated resorts in Japan;
- MGM Resorts International is listed on the NYSE under the ticker symbol MGM. The total shares outstanding as of February 22, 2023, were 373,913,450;
- The company paid dividends of 0.01 USD per share in 2022 but suspended dividend payments in 2023.
