Casino resort food and beverage revenue measures revenue from restaurants, bars, banquets, room service, and related hospitality operations at an integrated resort.
MGM example
MGM reported $3.046 billion of food and beverage revenue in 2025.
Its Las Vegas Strip Resorts generated $2.261 billion, down 4% from 2024.
MGM said the decline was primarily due to fewer restaurant covers.
Why it matters
Food and beverage can be a material nongaming revenue stream and can also support casino visitation, conventions, hotel demand, and entertainment traffic.
Revenue can move with:
- restaurant covers;
- menu pricing;
- banquet activity;
- convention attendance;
- property mix; and
- complimentary guest benefits.
Source
Part of the Integrated Casino Resort Economics
See It in Company Research
These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.
- MGMOpen operating-model research →16 of 18 reviewed concepts in Integrated Casino Resort EconomicsGaming and nongaming revenue mix8 of 8 bridge concepts supportedContinue through this bridge:Casino Resort Rooms RevenueCasino RevenueCasino Revenue GrowthCasino Revenue MixEntertainment, Retail & Other RevenueNongaming RevenueNongaming Revenue Mix
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