v3.26.1
SEGMENT INFORMATION - Reconciliation of Adjusted EBITDA to Operating Income (Details) - USD ($)
$ in Thousands, shares in Millions
12 Months Ended
Jan. 13, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting, Other Significant Reconciling Item        
Share-based compensation expense   $ (27,904) $ (73,159) $ (69,062)
Depreciation   (34,999) (34,777) (77,614)
Amortization of intangibles   (89,209) (136,426) (280,249)
Goodwill impairment   0 0 (9,000)
Restructuring costs, including certain severance and employee separation benefits   (33,824) (27,814) 525
Gains and (losses) from lease impairments, terminations and amendments and certain asset sales   45,002 2,176 (46,260)
Transaction-related costs   (7,583) (4,752) (657)
Litigation matters   (37,676) (6,644) (8,145)
Interest expense   (120,027) (135,719) (137,495)
Unrealized gain (loss) on investment in MGM Resorts International   119,175 (649,178) 721,668
Other income, net   16,136 98,227 46,225
Earnings (loss) from continuing operations before income taxes   79,176 (761,775) 305,484
Chief Executive Officer | Restricted Stock | Employment Transition Agreement        
Segment Reporting, Other Significant Reconciling Item        
Share-based compensation expense $ (14,900)      
Reversal of stock-based compensation expense related to individual   49,800    
Chief Executive Officer | Restricted Stock | Employment Transition Agreement | Class B Common Stock, $0.0001 par value        
Segment Reporting, Other Significant Reconciling Item        
Shares transferred (in shares) 5.0      
Operating Segments        
Segment Reporting, Other Significant Reconciling Item        
Adjusted EBITDA   335,449 300,410 263,195
Corporate        
Segment Reporting, Other Significant Reconciling Item        
Adjusted EBITDA   $ (85,364) $ (94,119) $ (97,647)