MGM Resorts International
NYSE:MGM

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MGM Resorts International
NYSE:MGM
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Price: 34.74 USD 1.31% Market Closed
Market Cap: 10.3B USD
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MGM Resorts International
Total Other Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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MGM Resorts International
Total Other Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Other Income CAGR 3Y CAGR 5Y CAGR 10Y
MGM Resorts International
NYSE:MGM
Total Other Income
$180.6m
CAGR 3-Years
42%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Las Vegas Sands Corp
NYSE:LVS
Total Other Income
$25m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Wynn Resorts Ltd
NASDAQ:WYNN
Total Other Income
$33.6m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
79%
Churchill Downs Inc
NASDAQ:CHDN
Total Other Income
$8.5m
CAGR 3-Years
157%
CAGR 5-Years
60%
CAGR 10-Years
28%
DraftKings Inc
NASDAQ:DKNG
Total Other Income
-$57.8m
CAGR 3-Years
47%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Light & Wonder Inc
NASDAQ:LNW
Total Other Income
$3m
CAGR 3-Years
-51%
CAGR 5-Years
-29%
CAGR 10-Years
-10%
No Stocks Found

MGM Resorts International
Glance View

Market Cap
10.3B USD
Industry
Hotels, Restaurants & Leisure
Economic Moat
None

MGM Resorts International, a prominent player in the world of hospitality and entertainment, stands as a testament to the evolving landscape of leisure and gaming. Founded as a part of Kirk Kerkorian's empire, MGM Resorts has its roots deeply embedded in the glamour of Las Vegas, but has since spread its influence globally. The company owns and operates a vast portfolio of hotels and casinos, including iconic properties like the Bellagio, MGM Grand, and Mandalay Bay. These lavish resorts are more than just places to stay—they offer comprehensive entertainment experiences that include world-class dining, entertainment shows, conventions, and luxury shopping. This diversified approach ensures that MGM Resorts doesn't merely rely on gaming revenue but capitalizes on the full spectrum of tourist spending. At the heart of MGM's business model lies its ability to capture various revenue streams. Casinos remain a crucial component, driving substantial income through slot machines and table games. However, revenue doesn't stop at the casino floor. The company has strategically invested in non-gaming amenities, addressing the demand for comprehensive resort experiences that attract a broad clientele. Conferences and events serve as significant income sources, drawing business travelers year-round, while culinary ventures, featuring celebrity chefs, further entice guests. Moreover, its loyalty program, MGM Rewards, plays a pivotal role in customer retention, drawing repeat visits and stimulating sustained engagement. This multifaceted revenue model allows MGM Resorts International to craft a resilient business that thrives in the face of changing consumer behaviors and regulatory landscapes.

MGM Intrinsic Value
67.75 USD
Undervaluation 49%
Intrinsic Value
Price

See Also

What is MGM Resorts International's Total Other Income?
Total Other Income
180.6m USD

Based on the financial report for Sep 30, 2024, MGM Resorts International's Total Other Income amounts to 180.6m USD.

What is MGM Resorts International's Total Other Income growth rate?
Total Other Income CAGR 3Y
42%

Over the last year, the Total Other Income growth was 16%. The average annual Total Other Income growth rates for MGM Resorts International have been 42% over the past three years .

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