SymbolMGM
NameMGM RESORTS INTERNATIONAL
SectorCONSUMER DISCRETIONARY
RegionNorth America
IndustryHotels/Resorts
Address3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS, Nevada, 89109, United States
Telephone+1 702 693-7120
Fax
Email
Websitehttps://www.mgmresorts.com
IncorporationUNDEFINED
Incorporated On
Employees
Fiscal Year
Public Since
ExchangesNASDAQ
Auditor
Audit StatusNOT PROVIDED
Reporting Status
CIK0000789570
Description

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The companys Vegas properties include MGM Grand, Mandalay Bay, Mirage, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. We estimate MGMs U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.

Additional info from NASDAQ:
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The companys Vegas properties include MGM Grand, Mandalay Bay, Mirage, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. We estimate MGMs U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.

2026-08-18 13:00

The MGM Resorts Foundation Awards More Than $4.6M to Local Charities

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2026-08-12 13:01

New Form SCHEDULE 13G/A - MGM Resorts International <b>Filed:</b> 2026-08-12 <b>AccNo:</b> 0001036325-26-000024 <b>Size:</b> 6 KB

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2026-07-29 20:15

(30% Negative) MGM RESORTS INTERNATIONAL (MGM) Reports Q3 2026 Financial Results

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2026-07-29 20:15

MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2026 FINANCIAL AND OPERATING RESULTS

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2026-07-02 22:57

Fritz Gary M 🟡 adjusted position in 903 shares (1 derivative) of MGM Resorts International (MGM) at $47.52 Transaction Date: Jul 01, 2026 | Filing ID: 000067

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2026-07-02 22:51

Director SALEM PAUL J 🟢 acquired 2.0K shares (1 derivative) of MGM Resorts International (MGM) Transaction Date: Jun 30, 2026 | Filing ID: 000066

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2026-07-02 22:45

Director Meister Keith A. 🟢 acquired 837 shares (1 derivative) of MGM Resorts International (MGM) Transaction Date: Jun 30, 2026 | Filing ID: 000065

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2026-07-02 22:43

Director LEVIN JOSEPH 🟢 acquired 732 shares (1 derivative) of MGM Resorts International (MGM) Transaction Date: Jun 30, 2026 | Filing ID: 000064

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2026-06-29 19:07

Investigation Alert: BFA Law Announces It Is Investigating Barry Diller’s Bid to Buy MGM Resorts International (MGM) for $48.30 Per Share

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2026-06-26 13:30

MGM Resorts International Announces Second Quarter Earnings Release Date

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