Spendscape
Companies · Gambling

MGM Resorts

AdvertiserMGM

MGM Resorts spent $398M on advertising and marketing in fiscal 2025, up 3.6% on the year before and +104% since 2019. That's 2.3% of revenue, more than in 2019: leaning in.

$398Mmarketing spend, FY2025
+3.6%vs the year before
2.3%of revenue (+0.8 pts vs 2019)
Thin/upsay vs do

Marketing spend by year

2012: $139M2013: $153M132014: $156M2015: $156M152016: $171M2017: $223M172018: $226M2019: $195M192020: $88M2021: $121M212022: $235M2023: $299M232024: $384M2025: $398M252.3%

Bars: advertising and marketing expense, $B (10-K). Line: spend as a share of revenue.

What the 10-K says about marketing

Say vs do

Thin/up. In 0 statements from its leaders in interviews, 0 argued for investing in brand and 0 for cutting; the filed spend went up.

Peers