MGM (MGM Resorts International) Beginning Cash Position : $2,503 Mil (As of Mar. 2025)

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What is MGM Resorts International Beginning Cash Position?

MGM Resorts International's Beginning Cash Position for the quarter that ended in Mar. 2025 was $2,503 Mil.

MGM Resorts International's quarterly Beginning Cash Position increased from Sep. 2024 ($2,501 Mil) to Dec. 2024 ($3,038 Mil) but then declined from Dec. 2024 ($3,038 Mil) to Mar. 2025 ($2,503 Mil).

MGM Resorts International's annual Beginning Cash Position increased from Dec. 2022 ($5,177 Mil) to Dec. 2023 ($6,062 Mil) but then declined from Dec. 2023 ($6,062 Mil) to Dec. 2024 ($3,015 Mil).

MGM Resorts International Beginning Cash Position Historical Data

The historical data trend for MGM Resorts International's Beginning Cash Position 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.

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MGM Resorts International Beginning Cash Position Chart

MGM Resorts International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Beginning Cash Position

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2,329.60

5,101.64

5,177.12

6,062.33

3,014.90

MGM Resorts International Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Beginning Cash Position	Get a 7-Day Free Trial															3,014.90	2,809.19	2,501.28	3,038.06	2,503.06

MGM Resorts International Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

MGM Resorts International Beginning Cash Position Related Terms

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MGM Resorts International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (NYSE:MGM) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

MGM:Mexico 0JWC:UK 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 37,000 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 59% of total EBITDAR in 2024. MGM also owns US regional assets, which represented a low 20s share of 2024 EBITDAR (MGM's Macao EBITDAR was 21% of the total in 2024). MGM's US sports and i-gaming 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. We estimate MGM will open a resort in Japan in 2030.

Executives

Jonathan S Halkyard	officer: CHIEF FINANCIAL OFFICER	DAVE & BUSTER'S ENTERTAINMENT, INC., 2481 MANANA DRIVE, DALLAS TX 75220
Todd Meinert	officer: SVP Financial Reporting	3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
Keith A. Meister	director	C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Paul J Salem	director	50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
William Hornbuckle	officer: Chief Marketing Officer	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Daniel J Taylor	director	3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Mary Christine Gay	director	3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Alexis Herman	director	3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
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
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
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