---
schema_version: "secwatch.filing_event.v1"
accession: "0000789570-24-000002"
form_type: "8-K"
ticker: "MGM"
cik: "0000789570"
company_name: "MGM Resorts International"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:57:28.364351+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MGM Resorts reports record Q4 and FY2023; Las Vegas Strip and MGM China set all-time EBITDAR

## Summary
- Consolidated Q4 net revenues $4.4B (+22% YoY); net income $313M; diluted EPS $0.92.
- Full year net revenues $16.2B (+23%); net income $1.1B; diluted EPS $3.19; Adjusted EPS $2.67.
- Las Vegas Strip Resorts Q4 same-store net rev +10%; Adjusted Property EBITDAR $864M (+3% same-store).
- MGM China Q4 net rev $983M (+462% YoY); record EBITDAR $262M vs loss of $55M a year ago.
- Repurchased $629M in shares in Q4 ($2.3B in 2023); credit facility expanded to $2.3B, maturity extended to 2029.

## SEC filing metadata
- accession: 0000789570-24-000002
- form_type: 8-K
- ticker: MGM
- cik: 0000789570
- company_name: MGM Resorts International
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789570/000078957024000002/0000789570-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789570/000078957024000002/mgm-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789570-24-000002
- JSON: https://secwatch.observer/filing/0000789570-24-000002.json
- Plain text: https://secwatch.observer/filing/0000789570-24-000002.txt

## Key facts
- Earnings Releases
  MGM Resorts International reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: The purpose of the press release, furnished as Exhibit 99.1, was to announce the Registrant’s results of operations for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/789570/000078957024000002/0000789570-24-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.