Description
The report is a summary of the financial performance of MGM Resorts International for the fiscal year 2023.
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, 2023;
- The specified financial year coincides with the calendar year.
Short Insights
- MGM Resorts International holds a controlling interest in MGM China Holdings Limited, with operations in Macau;
- Total equity decreased over the years, notably by 16.81% in 2023 compared to 2022 and by 60.52% compared to 2021;
- The company paid dividends of 0.01 USD per share in 2022 but suspended payments in 2023.
