- Q2 2024 MGM Resorts International Earnings Call TranscriptJul 31, 2024$42.97 (+0.44%)Earnings
- Q1 2024 MGM Resorts International Earnings Call TranscriptMay 01, 2024$39.75 (+0.79%)Earnings
- Q4 2023 MGM Resorts International Earnings Call TranscriptFeb 13, 2024$45.66 (-2.89%)Earnings
- MGM Resorts International at Morgan Stanley Global Consumer & Retail Conference TranscriptDec 06, 2023
- MGM Resorts International at Bank of America Leveraged Finance Conference TranscriptNov 28, 2023
- Q3 2023 MGM Resorts International Earnings Call TranscriptNov 08, 2023$38.65 (+0.99%)Earnings
- MGM Resorts International at Bank of America Gaming & Lodging Conference (BETMGM) TranscriptSep 07, 2023
- Q2 2023 MGM Resorts International Earnings Call TranscriptAug 02, 2023$49.26 (-1.54%)Earnings
- Q1 2023 MGM Resorts International Earnings Call TranscriptMay 01, 2023$46.04 (+2.49%)Earnings
- MGM Resorts International at JPMorgan Gaming, Lodging, Restaurant and Leisure Management Access Forum TranscriptMar 14, 2023
- Q4 2022 MGM Resorts International Earnings Call TranscriptFeb 08, 2023$41.43 (-1.33%)Earnings
- MGM Resorts International BETMGM Business Update Call TranscriptJan 26, 2023
- Q3 2022 MGM Resorts International Earnings Call TranscriptNov 02, 2022$35.11 (-2.31%)Earnings
- MGM Resorts International at Deutsche Bank Leveraged Finance Conference TranscriptSep 20, 2022
- Q2 2022 MGM Resorts International Earnings Call TranscriptAug 03, 2022$34.2 (+3.45%)Earnings
- MGM Resorts International at Jefferies Consumer Conference (Virtual) TranscriptJun 20, 2022
- MGM Resorts International Business Update TranscriptMay 12, 2022
- Q1 2022 MGM Resorts International Earnings Call TranscriptMay 02, 2022$41.97 (+2.27%)Earnings
- MGM Resorts International at JPMorgan Gaming, Lodging, Restaurant & Leisure Management Access Forum (Virtual) TranscriptMar 07, 2022
- Q4 2021 MGM Resorts International Earnings Call TranscriptFeb 09, 2022$48.52 (+2.80%)Earnings
- MGM Resorts International at Morgan Stanley Global Consumer & Retail Conference (Virtual) TranscriptDec 01, 2021
- Q3 2021 MGM Resorts International Earnings Call TranscriptNov 03, 2021$48.7 (+1.71%)Earnings
- MGM Resorts International at JPMorgan Gaming, Lodging, Restaurant & Leisure Management Access Forum TranscriptSep 13, 2021
- MGM Resorts International at Bank of America Merrill Lynch Gaming and Lodging Conference (Virtual) TranscriptSep 09, 2021
- Q2 2021 MGM Resorts International Earnings Call TranscriptAug 04, 2021$37.27 (+0.87%)Earnings
- MGM Resorts International at Sanford C Bernstein Strategic Decisions Conference (Virtual) TranscriptJun 03, 2021
- MGM Resorts International Annual Shareholders Meeting TranscriptMay 05, 2021
- Q1 2021 MGM Resorts International Earnings Call TranscriptApr 28, 2021$42.02 (-0.43%)Earnings
- MGM Resorts International and Entain PLC Announce BetMGM Business Update Event TranscriptApr 21, 2021
- MGM Resorts International at JPMorgan Gaming, Lodging, Restaurant & Leisure Management Access Forum TranscriptMar 11, 2021
- Q4 2020 MGM Resorts International Earnings Call TranscriptFeb 10, 2021$36.47 (+1.81%)Earnings
- Q3 2020 MGM Resorts International Earnings Call TranscriptOct 29, 2020$21.29 (+5.92%)Earnings
- Q2 2020 MGM Resorts International Earnings Call TranscriptJul 30, 2020$16.64 (+2.40%)Earnings
- MGM Resorts International Annual Shareholders Meeting TranscriptMay 06, 2020
- Q1 2020 MGM Resorts International Earnings Call TranscriptApr 30, 2020$16.83 (-3.61%)Earnings
- Q4 2019 MGM Resorts International Earnings Call TranscriptFeb 12, 2020$33.66 (+2.90%)Earnings
- Q3 2019 MGM Resorts International Earnings Call TranscriptOct 30, 2019$28.63 (+0.35%)Earnings
- Q2 2019 MGM Resorts International Earnings Call TranscriptJul 25, 2019$29.37 (-1.14%)Earnings
- MGM Resorts International at Sanford C Bernstein Strategic Decisions Conference TranscriptMay 31, 2019
- MGM Resorts International Annual Shareholders Meeting TranscriptMay 01, 2019
- Q1 2019 MGM Resorts International Earnings Call TranscriptApr 29, 2019$28.6 (+1.02%)Earnings
- Q4 2018 MGM Resorts International Earnings Call TranscriptFeb 13, 2019$29.23 (+1.25%)Earnings
MGM Resorts International BETMGM Business Update Call Transcript
Good day, and welcome to the BetMGM Business Update Conference Call. Joining the call from the company today are Adam Greenblatt, Chief Executive Officer, and Gary Deutsch, Chief Financial Officer.
(Operator Instructions)
Please be advised that today's conference is being recorded. I would now like to turn the call over to Adam Greenblatt.
Good morning or good afternoon, depending on where you are dialing in from. Thank you for joining today's call. I am Adam Greenblatt, CEO of BetMGM, and I'm joined today by Gary Deutsch, BetMGM's CFO. Earlier, we released an announcement on BetMGM's fiscal year 2022 performance and fiscal year '23 outlook. On this call, I'll provide a brief overview of what we announced before opening the call to Q&A.
We closed 2022 with $1.44 billion of net revenue from operations ahead of the guidance provided at our business update this time last year. This performance included same-state growth in revenue from digital operations of 51%. In total, our EBITDA loss
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