Las Vegas Strip Resorts was MGM Resorts International’s largest segment in fiscal 2025, bringing in $8.44B of $17.54B (48%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Las Vegas Strip Resorts | $8.40B | $8.80B | $8.82B | $8.44B | |||||||||||||
| Domestic Resorts | — | — | — | — | |||||||||||||
| Wholly Owned Domestic Resorts | — | — | — | — | |||||||||||||
| Regional Operations | $3.82B | $3.67B | $3.72B | $3.77B | |||||||||||||
| Mgm China | $673.59M | $3.15B | $4.02B | $4.46B | |||||||||||||
| Mgm Digital | $133.44M | $432.15M | $552.01M | $654.19M | |||||||||||||
| Corporate & Other | $106.20M | $109.04M | $129.71M | $207.91M | |||||||||||||
| Unallocated Amount To | — | — | — | — | |||||||||||||
| Consolidation, Eliminations | — | — | — | — | |||||||||||||
| Consolidation Eliminations | — | — | — | — | |||||||||||||
| Total | $13.13B | $16.16B | $17.24B | $17.54B |
MGM Resorts International brought in $17.54B from its five segments in fiscal 2025, the year ended December 31, 2025. That was up 1.7% from $17.24B in fiscal 2024. Las Vegas Strip Resorts was the largest at $8.44B (48.1%), ahead of Mgm China at $4.46B (25.4%) and Regional Operations at $3.77B (21.5%). The other two segments brought in $862.10M combined.
Compared with fiscal 2024, Mgm Digital grew fastest, up 18.5% to $654.19M, while Las Vegas Strip Resorts fell the most, down 4.2% to $8.44B. From fiscal 2022 to 2025, combined revenue from these segments grew from $13.13B to $17.54B, a compound annual growth rate of 10.1%. Las Vegas Strip Resorts' share of the total fell from 64.0% to 48.1%.
Casino was MGM Resorts International’s largest product and service line in fiscal 2025, bringing in $9.35B of $17.54B (53%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Casino | $5.71B | $8.06B | $8.75B | $9.35B | ||||||
| Rooms | $3.06B | $3.50B | $3.68B | $3.38B | ||||||
| Food & Beverage | $2.60B | $2.89B | $3.08B | $3.05B | ||||||
| Entertainment, Retail & Other | $1.65B | $1.60B | $1.60B | $1.56B | ||||||
| Reimbursed Costs | — | — | — | — | ||||||
| Corporate & Other | $106.20M | $109.04M | $129.71M | $207.91M | ||||||
| Entertainment, Retail & Other, And Reimbursed Costs | — | — | — | — | ||||||
| Total | $13.13B | $16.16B | $17.24B | $17.54B |
MGM Resorts International brought in $17.54B from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 1.7% from $17.24B in fiscal 2024. Casino was the largest at $9.35B (53.3%), ahead of Rooms at $3.38B (19.3%) and Food & Beverage at $3.05B (17.4%). The other two lines brought in $1.76B combined.
Compared with fiscal 2024, Casino grew fastest, up 6.9% to $9.35B, while Rooms fell the most, down 8.3% to $3.38B. From fiscal 2022 to 2025, combined revenue from these lines grew from $13.13B to $17.54B, a compound annual growth rate of 10.1%. Casino's share of the total rose from 43.5% to 53.3%.
United States was MGM Resorts International’s largest region in fiscal 2025, bringing in $12.41B of $17.54B (71%).
| Geography | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| United States | $12.32B | $12.58B | $12.66B | $12.41B |
| China | $673.66M | $3.15B | $4.02B | $4.46B |
| Other | $133.42M | $433.64M | $555.23M | $661.96M |
| Total | $13.13B | $16.16B | $17.24B | $17.54B |
MGM Resorts International brought in $17.54B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 1.7% from $17.24B in fiscal 2024. United States was the largest at $12.41B (70.8%), ahead of China at $4.46B (25.5%) and Other at $661.96M (3.8%).
Compared with fiscal 2024, Other grew fastest, up 19.2% to $661.96M, while United States fell the most, down 2.0% to $12.41B. From fiscal 2022 to 2025, combined revenue from these regions grew from $13.13B to $17.54B, a compound annual growth rate of 10.1%. United States' share of the total fell from 93.9% to 70.8%.
MGM Resorts International (MGM) reports its revenue by segment, by product and service and by geography. In fiscal 2025, Las Vegas Strip Resorts was its largest segment, bringing in $8.44B (48.1% of the total), followed by Mgm China at $4.46B (25.4%).
Las Vegas Strip Resorts was MGM Resorts International's largest segment in fiscal 2025, bringing in $8.44B, or 48.1% of the $17.54B total across its five segments.
Casino was MGM Resorts International's largest product and service line in fiscal 2025, bringing in $9.35B, or 53.3% of the $17.54B total across its five product and service lines.
United States was MGM Resorts International's largest region in fiscal 2025, bringing in $12.41B, or 70.8% of the $17.54B total across its three regions.
Among MGM Resorts International's segments that make up at least 2% of revenue, Mgm Digital grew fastest in fiscal 2025, up 18.5% from $552.01M to $654.19M.
Every figure comes from MGM Resorts International's annual financial filings, as reported. Each line keeps the name MGM Resorts International gives it, and years follow its fiscal calendar.
MGM Resorts International's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.