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MGM Resorts International MGM Las Vegas Strip Resorts — Gaming taxes

Similar metrics at other companies

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WYNNLas Vegas Operations — Gaming taxes
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LVSUnited States — Gaming taxes
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LVSSingapore — Gaming taxes
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LVSMarina Bay Sands — Taxes Other
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LVSGaming — Statutory Tax Rate Percent
0%
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LVSLas Vegas Operating Properties — Effective tax rate
20.8%+13.9pp

Other financials

Income statement

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Revenue$4.5B+4.2%
Operating income$301.2M-21.8%
Net income$125.1M-15.8%
EPS (diluted)$0.48-5.9%

Balance sheet

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Cash & equivalents$2.3B+1.0%
Total debt$31.7B-0.6%
Total equity$2.4B-14.7%
Total assets$41.4B-1.2%

Cash flow

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Operating cash flow$567.8M+3.8%
CapEx$154.7M-32.2%
Free cash flow$413.1M+29.5%

Valuation

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Market cap$11.98B+11.9%
Enterprise value$41.38B+2.1%
P/E65.7×+49.9×
P/S0.7×+0.1×

Profitability

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Operating margin5.2%-3.1pp
Net margin1%-2.9pp
FCF margin8.8%+2.0pp

Returns & leverage

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Return on equity6.9%-14.6pp
Debt / equity13×+1.9×
Current ratio1.3×0.0×

Where this comes from

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept mgm:GamingTax.

The official record: MGM Resorts International’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGM Resorts International's las vegas strip resorts — gaming taxes?
MGM Resorts International (MGM) reported las vegas strip resorts — gaming taxes of $55.28M in Q1 2026.
How has MGM Resorts International's las vegas strip resorts — gaming taxes changed year-over-year?
MGM Resorts International's las vegas strip resorts — gaming taxes decreased by 6.6% year-over-year, from $59.21M to $55.28M.
What is the long-term trend for MGM Resorts International's las vegas strip resorts — gaming taxes?
Over 3 years (2022 to 2025), MGM Resorts International's las vegas strip resorts — gaming taxes has grown at a 0.4% compound annual growth rate (CAGR), from $227.58M to $230.05M.
What does las vegas strip resorts — gaming taxes mean?
Mandatory taxes paid on gaming revenue generated in the Las Vegas Strip resort segment.
How do you interpret las vegas strip resorts — gaming taxes?
Fluctuations are primarily driven by changes in gaming volume or regulatory tax rate adjustments rather than operational performance.
How does las vegas strip resorts — gaming taxes compare across companies?
Standard regulatory expense for gaming operators; comparable to gaming tax line items in other regulated jurisdictions.