MGM Resorts International Overview
- Founded
- 1986
- Status
- Public
- Employees
- 70,000
- Stock Symbol
- MGM
- Investments
- 14
- Share Price
- $31.06
- (As of Wednesday Closing)
MGM Resorts International General Information
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 company's Vegas properties include MGM Grand, Mandalay Bay, Mirage, Luxor, New York-New York, and a 50% ownership stake in CityCenter. The Strip constituted approximately 49% of total EBITDAR in 2019. We estimate MGM will open a resort in Japan in 2026. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018.
Contact Information
Website
Formerly Known As
MGM Mirage
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Hotels and Resorts
Other Industries
Casinos and Gaming
Stock Exchange
NYS
Primary Office
- 3600 South Las Vegas Boulevard
- Bellagio Hotel & Casino
- Las Vegas, NV 89109
- United States
MGM Resorts International Timeline
MGM Resorts International Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $31.06 | $30.53 | $5.90 - $33.78 | $15.3B | 494M | 9.9M | $2.84 |
MGM Resorts International Financials Summary
|
In Thousands, USD |
TTM 30-Sep-2020 | FY 2019 31-Dec-2019 | FY 2018 31-Dec-2018 | FY 2017 31-Dec-2017 |
|---|---|---|---|---|
| EV | 30,642,479 | 35,928,242 | 30,217,277 | 34,485,504 |
| Revenue | 6,853,682 | 12,899,672 | 11,763,096 | 10,797,479 |
| EBITDA | 3,605,197 | 4,999,306 | 2,581,563 | 2,623,015 |
| Net Income | 1,426,458 | 2,049,146 | 466,772 | 1,952,052 |
| Total Assets | 37,004,775 | 33,876,356 | 30,210,706 | 29,160,042 |
| Total Debt | 19,795,071 | 15,542,322 | 15,131,416 | 12,909,094 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
MGM Resorts International Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
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Request a free trialMGM Resorts International Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about
Hotels and Resorts
Las Vegas, NV
70,000
As of 2019
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Request a free trialMGM Resorts International Competitors (9)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Caesars Entertainment | Formerly PE-Backed | Reno, NV | 00000 | 000.00 | 000000 - 000 | 000.00 |
| 0000 0000000 | Corporate Backed or Acquired | Las Vegas, NV | 00000 | 00000 | 000000&0 | |
| 00000 | Corporation | Las Vegas, NV | 00000 | |||
| 000 0000 0000000 | Formerly PE-Backed | Las Vegas, NV | 00000 | 00.00 | 000000000 | 00.00 |
| 00000 00000 | Corporation | Admiralty, Hong Kong | 00000 |
MGM Resorts International Executive Team (23)
MGM Resorts International Board Members (18)
| Name | Representing | Role | Since |
|---|---|---|---|
| 000000 000000 | Self | Board Member | 000 0000 |
| 00000 000000 | Self | Board Member | 000 0000 |
| 000000 000000 | MGM Resorts International | Board Member | 000 0000 |
| 0000000 00000000 | MGM Resorts International | Board Member | 000 0000 |
| 0000 000000 00. | Self | Board Member | 000 0000 |
MGM Resorts International Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialMGM Resorts International Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
This information is available in the PitchBook Platform. To explore MGM Resorts International‘s full profile, request access.
Request a free trialMGM Resorts International Investments & Acquisitions (14)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000 | 08-Jul-2020 | 000000000 00000000 | 00000 | Entertainment Software | 0000000 0000000000 |
| 000000 00000 | 23-Aug-2019 | 000000000000000000 | Hotels and Resorts | ||
| 0000000 0000000 | 29-Jan-2019 | 000000000000000000 | 00000 | Casinos and Gaming | 00000 000000 |
| 000000 | 30-Jul-2018 | 00000 0000000 | 00000 | Entertainment Software | 00000 000000 |
| Tunity | 20-Feb-2018 | Early Stage VC | 0000 | Entertainment Software | 00000 0000000 |
MGM Resorts International Subsidiaries (3)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Borgata Hotel Casino & Spa | Casinos and Gaming | Atlantic City, NJ | 2003 |
| 000 000 0000000 00 | Corporate Pension | Las Vegas, NV | 0000 |
| 0000000 0000000 | Casinos and Gaming | Yonkers, NY | 0000 |
MGM Resorts International Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 000000 000000 0000 | 28-Jul-1995 | 00000 0000000 | Completed |
|