MGM Resorts International - Company Profile

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MGM Resorts International: Overview

MGM Resorts International (MGM Resorts) is a global hospitality company. The company owns and operates casino and non-casino resort projects across the world. Its major business operations include gaming, hospitality, and entertainment activities. The company’s portfolio of destination resorts comprises Aria, Vdara, Bellagio, Borgata, MGM Grand Las Vegas, Empire City, MGM Macau, MGM Cotai, MGM National Harbor, MGM Northfield Park, Mandalay Bay, The Mirage, Luxor, Excalibur, New York-New York, Gold Strike Tunica, MGM Grand Detroit, MGM Springfield, Park MGM, and Beau Rivage. MGM Resorts owns and operates properties in Nevada, Mississippi, New Jersey, and Michigan. Its operations are spread across the US and China. MGM Resorts is headquartered in Las Vegas, Nevada, the US.

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Headquarters United States of America

Address 3600 Las Vegas Blvd S, Nevada, 89109


Telephone 1 702 6937120

No of Employees 45,000

Industry Leisure and Arts

Ticker Symbol & Exchange MGM (NYSE)

Revenue (2022) $16.2B 23.1% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -22.5% (2022 vs 2021)

Market Cap* $13.3B

Net Profit Margin (2022) XYZ -37.0% (2022 vs 2021)

* As of and is in US$
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MGM Resorts International premium industry data and analytics

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for MGM Resorts International (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on MGM Resorts International’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services Brands
Hotel MGM
Gaming MGM Grand
Dining Aria
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In March, the company announced its plans to sell its gambling operations at Northfield Park, Ohio, the US.
2023 Contracts/Agreements In December, the company and KultureCity entered into a partnership to launch two sensory pods at T-Mobile Arena in Las Vegas, Nevada, the US.
2023 Contracts/Agreements In September, the company and ORIX Corporation entered into a partnership for the development of the Specified Integrated Resort Facilities Area Development Plan in Yumeshima, Osaka.
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Competitor Comparison

Key Parameters MGM Resorts International Marriott International Inc Wynn Resorts Ltd PENN Entertainment Inc InterContinental Hotels Group Plc
Headquarters United States of America United States of America United States of America United States of America United Kingdom
City Las Vegas Bethesda Las Vegas Wyomissing Windsor
State/Province Nevada Maryland Nevada Pennsylvania England
No. of Employees 45,000 148,000 27,800 23,333 13,451
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Paul Salem Chairman Executive Board 2020 60
William J. Hornbuckle Chief Executive Officer; President; Director Executive Board 2020 66
Jonathan S. Halkyard Treasurer; Chief Financial Officer Senior Management 2021 59
Corey I. Sanders Chief Operating Officer Senior Management 2020 60
Jyoti Chopra Chief People, Inclusion, and Sustainability Officer; Senior Vice President Senior Management 2019 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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