MGM Resorts International

Company Profile

• Business description

  MGM Resorts is the largest resort company on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one-fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos, with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.

• Contact

  3600 Las Vegas Boulevard South
  Las VegasNV89109
  USA

  T: +1 702 693-7120

  E: [email protected]

  https://www.mgmresorts.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Resorts & Casinos

  Fiscal Year End

  31 December 2026

  Employees

  62,000