MGM Resorts International (MGM Resorts International) Buildings And Improvements : $4,911 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is MGM Resorts International Buildings And Improvements?

MGM Resorts International's quarterly buildings and improvements stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($4,911 Mil).

MGM Resorts International's annual buildings and improvements declined from Dec. 2021 ($12,236 Mil) to Dec. 2022 ($4,513 Mil) but then increased from Dec. 2022 ($4,513 Mil) to Dec. 2023 ($4,911 Mil).

MGM Resorts International Buildings And Improvements Historical Data

The historical data trend for MGM Resorts International's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGM Resorts International Buildings And Improvements Chart

MGM Resorts International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

Get a 7-Day Free Trial

15,291.80

12,053.42

12,236.04

4,513.32

4,910.70

MGM Resorts International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															4,513.32	-	-	-	4,910.70

MGM Resorts International Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

MGM Resorts International (MGM Resorts International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (NYSE:MGM) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

MGM:Mexico MGG:Germany MGG:Germany M1GM34:Brazil

Address

3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109

Website

https://www.mgmresorts.com

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 74% of total EBITDAR in 2022. MGM also owns U.S. regional assets, which represented 31% of 2022 EBITDAR (MGM's Macao EBITDAR was negative in 2022). MGM's U.S. sports and iGaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2030.

Executives

John Mcmanus	officer: SVP ASST GEN COUNSEL ASST SCY	3600 LAS VEGAS BLVD, S., EXECUTIVE OFFICES, LAS VEGAS NV 89119
Sanders Corey Ian	officer: COO Core Brands	3950 LAS VEGAS BLVD., S., LAS VEGAS NV 89119
Daniel J Taylor	director	3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Keith A. Meister	director	C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Alexis Herman	director	3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
Ben Winston	director	3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
Rose Mckinney-james	director	3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
William Hornbuckle	officer: Chief Marketing Officer	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Mary Christine Gay	director	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Gary M Fritz	officer: President, Interactive	C/O EXPEDIA INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Janet Swartz	director	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Ac/interactivecorp	10 percent owner	555 WEST 18TH STREET, NEW YORK NY 10011
Paul J Salem	director	50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Todd Meinert	officer: SVP Financial Reporting	3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
Tilak Mandadi	officer: CSITO	3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109