MGM Resorts International
MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM.
Basic company information
Each field links to its source. Financial figures retain their reporting periods; background references are identified in the source list.
- Business sectors
- hospitality industry [1]
- Company / filing name
- MGM Resorts International [2]
- Headquarters location
- Las Vegas [1]
- Founded
- 2000-05-31 [1]
- Legal form
- Delaware corporation [1]
- Leadership in background record
- William Hornbuckle [1]
- Founders
- Kirk Kerkorian [1]
- Official website
- www.mgmresorts.com ↗ [1]
- Annual revenue
- USD 13,127,485,000 · reported year 2022 [1]
- ISIN (reported securities)
- US5529531015 [1]
- CIK
- 789570 [2]
- Country in background record
- United States [1]
- Symbols / exchanges
- MGM (NYSE) [2]
Company positioning and business
MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM. [3]
The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gambling (lodging, food, retail) revenue began to outpace gambling receipts, and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gambling industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided with the 2008 financial crisis, causing more than $1 billion in write-offs in its valuation. [3]
Billionaire investor Kirk Kerkorian and his Tracinda Corporation were, until 2009, the majority shareholders of MGM Mirage; Kerkorian was the former owner of the Metro-Goldwyn-Mayer (MGM) movie studio, from which MGM Grand derived its name. Following a $1 billion stock offering by MGM Mirage amidst the global credit crunch, Tracinda's shares were diluted from 53.8% to 39%. On June 15, 2010, shareholders voted for MGM Mirage to change its name to "MGM Resorts International". [3]
Background text: Wikipedia contributors, MGM Resorts International. Selected introductory paragraphs, licensed under CC BY-SA 4.0. Official filing data is cited separately.
Management and corporate governance
The Wikidata background record identifies William Hornbuckle in the chief-executive role. This background entry is not an official confirmation of the current board or executive roster. [1]
Understanding company scale
Annual revenue: USD 13,127,485,000 · reported year 2022. [1]
Financial year, securities and disclosures
Listed securities: MGM (NYSE). Multiple symbols may represent different share classes or securities of the same registrant. [2]
History and key events
Founding / inception date recorded in Wikidata. [1]
Financial results and regulatory disclosures
No individual financial documents have been indexed yet. Open the source to consult company disclosures. [2]
Related entities and concepts
Frequently asked questions
When was MGM Resorts International founded?
Founded: 2000-05-31. The linked source provides the background record. [1]
Where is the headquarters of MGM Resorts International?
Headquarters location: Las Vegas. The linked source provides the background record. [1]
Which business sectors are recorded for MGM Resorts International?
Business sectors: hospitality industry. The linked source provides the background record. [1]
Sources and review dates
- Wikidata — company background record (CC0) ↗
- Company identity and profile data ↗
- Wikipedia contributors — MGM Resorts International (CC BY-SA 4.0) ↗
Reviewed 23 October 2026. Financial periods and historical event dates are shown separately. Figures reflect their stated source dates; this page is not a live quote or investment recommendation.