Skip to content
Screener

MGM Resorts International MGM Las Vegas Strip Resorts — Gaming taxes

Similar metrics at other companies

Wynn Resorts logo
WYNNLas Vegas Operations — Gaming taxes
$18.55M+1.7%
PENN Entertainment, Inc. logo
PENNInteractive — Gaming taxes
$230.9M+25.1%
PENN Entertainment, Inc. logo
PENNMidwest — Gaming taxes
$85.8M+8.9%
PENN Entertainment, Inc. logo
PENNNortheast — Gaming taxes
$299.3M+3.1%
PENN Entertainment, Inc. logo
PENNSouth — Gaming taxes
$66.4M+0.9%
PENN Entertainment, Inc. logo
PENNWest — Gaming taxes
$26.6M+4.7%

Other financials

Income statement

See full
Revenue$4.5B+1.0%
Operating income$503.6M+24.5%
Net income$292.4M+497%
EPS (diluted)$1.11+517%

Balance sheet

See full
Cash & equivalents$2.5B+30.1%
Total debt$30.2B-4.5%
Total equity$2.5B-15.5%
Total assets$39.8B-4.4%

Cash flow

See full
Operating cash flow$558.8M-13.5%
CapEx$241.4M-10.1%
Free cash flow$317.4M-15.9%

Valuation

See full
Market cap$11.39B+19.2%
Enterprise value$39B-0.5%
P/E26.7×+9.0×
P/S0.6×+0.1×

Profitability

See full
Operating margin5.7%-2.4pp
Net margin2.4%-0.7pp
FCF margin8.4%+0.9pp

Returns & leverage

See full
Return on equity15.5%-1.9pp
Debt / equity12×+1.4×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept mgm:GamingTax.

The source filing: MGM Resorts International’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000789570-26-000076
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Less:
Payroll related expense682,979666,5501,352,4491,328,296
Cost of sales135,408129,926268,049257,683
Gaming taxes58,26353,824113,546113,034
Other segment items(1)558,277553,8961,132,1061,070,143
Segment Adjusted EBITDAR735,118710,4961,484,3251,521,656
Regional Operations
Revenue924,098964,6121,842,0081,865,031

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's las vegas strip resorts — gaming taxes?
MGM Resorts International (MGM) reported las vegas strip resorts — gaming taxes of $58.26M in Q2 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 increased by 8.2% year-over-year, from $53.82M to $58.26M.
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?
This reflects the mandatory taxes paid to state and local authorities based on gaming revenue generated within the Las Vegas Strip resort segment. These are non-discretionary costs dictated by regulatory frameworks in the jurisdiction. It is a key factor in determining the net profitability of gaming operations.

Ask your AI about MGM Resorts International's las vegas strip resorts — gaming taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude