MGM Resorts Files 8-K on Operations & Financial Condition

Ticker: MGM · Form: 8-K · Filed: 2024-02-13T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, results-of-operations, 8-K

TL;DR

**MGM Resorts just dropped an 8-K on its financials, get ready for the details.**

AI Summary

MGM Resorts International filed an 8-K on February 13, 2024, to report on its results of operations and financial condition. This filing, under SEC File Number 001-10362, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely glimpse into MGM's current financial health, which can influence stock price and future investment decisions.

Why It Matters

This filing provides investors with crucial, up-to-date information on MGM's financial performance, which is essential for evaluating the company's health and making informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any immediate adverse events or significant changes in risk.

Analyst Insight

Investors should look for the full financial statements and exhibits that will accompany this 8-K to understand the specifics of MGM's operational and financial performance, as this filing only signals their release.

Key Numbers

702-693-7120 — Business Phone Number (MGM Resorts International's primary contact number)
3600 Las Vegas Boulevard South — Business Address (MGM Resorts International's principal executive offices)
88-0215232 — IRS Employer Identification No. (MGM Resorts International's tax identification number)
0000789570 — Central Index Key (CIK) (Unique identifier for MGM Resorts International with the SEC)

Key Players & Entities

MGM Resorts International (company) — the registrant filing the 8-K
February 13, 2024 (date) — date of earliest event reported and filing date
001-10362 (string) — SEC File Number for MGM Resorts International
Delaware (string) — State of Incorporation for MGM Resorts International
New York Stock Exchange (string) — exchange where MGM Common Stock is registered

Forward-Looking Statements

MGM Resorts International will release detailed financial results for the period ending December 31, 2023, shortly after this 8-K filing. (MGM Resorts International) — high confidence, target: 2024-02-29

FAQ

What is the primary purpose of this 8-K filing by MGM Resorts International?

The primary purpose of this 8-K filing by MGM Resorts International, dated February 13, 2024, is to report on the company's 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the ITEM INFORMATION section.

On what date was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 13, 2024, which is also the date of the report, as stated in the 'Date of Report (Date of earliest event reported): February 13, 2024' section.

What is the trading symbol and the exchange where MGM Resorts International's Common Stock is registered?

MGM Resorts International's Common Stock (Par Value $0.01) trades under the symbol 'MGM' and is registered on the 'New York Stock Exchange (NYSE)', as indicated under 'Securities registered pursuant to Section 12(b) of the Act'.

What is the business address and phone number of MGM Resorts International as listed in the filing?

The business address of MGM Resorts International is '3600 Las Vegas Boulevard South, Las Vegas, Nevada 89109', and its telephone number is '(702) 693-7120', according to the filing.

Has MGM Resorts International changed its name previously, and if so, what were its former names and dates of change?

Yes, MGM Resorts International has changed its name previously. Its former names include 'MGM MIRAGE' (changed on 20000823), 'MGM GRAND INC' (changed on 19920703), and 'GRAND NAME CO' (changed on 19870713), as detailed in the 'FORMER COMPANY' section of the filing.

From the Filing

0000789570-24-000002.txt : 20240213 0000789570-24-000002.hdr.sgml : 20240213 20240213161427 ACCESSION NUMBER: 0000789570-24-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240213 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MGM Resorts International CENTRAL INDEX KEY: 0000789570 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 880215232 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10362 FILM NUMBER: 24626062 BUSINESS ADDRESS: STREET 1: 3600 LAS VEGAS BLVD S CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 702-693-7120 MAIL ADDRESS: STREET 1: 3600 LAS VEGAS BLVD S. CITY: LAS VEGAS STATE: NV ZIP: 89109 FORMER COMPANY: FORMER CONFORMED NAME: MGM MIRAGE DATE OF NAME CHANGE: 20000823 FORMER COMPANY: FORMER CONFORMED NAME: MGM GRAND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: GRAND NAME CO DATE OF NAME CHANGE: 19870713 8-K 1 mgm-20240213.htm 8-K mgm-20240213 0000789570 FALSE 0000789570 2024-02-13 2024-02-13   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 13, 2024 MGM Resorts International (Exact name of Registrant as Specified in Its Charter) Delaware 001-10362 88-0215232 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 3600 Las Vegas Boulevard South , Las Vegas , Nevada   89109 (Address of principal executive offices – Zip Code) Registrant’s Telephone Number, Including Area Code: ( 702 ) 693-7120 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock (Par Value $0.01)   MGM   New York Stock Exchange NYSE Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CRF § 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CRF § 240.12b-2). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐     ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION This current report on Form 8-K is being furnished to disclose the press release issued by the Registrant on February 13, 2024. 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. The information in this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed inco