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MGM Resorts's Competitors, Revenue, Number of Employees, Funding and Acquisitions

MGM Resorts owns and operates a chain of resorts that provides accommodations, dining, entertainment and gaming services... Read more

Based on data from MGM Resorts's latest SEC filings

Annual Revenue

Based on data from MGM Resorts's latest SEC filings

Employees

Bill Hornbuckle's photo - Interim-CEO of MGM Resorts

Interim-CEO

Bill Hornbuckle

CEO Approval Rating

53/100

OVERVIEW

Founded:

1962

Headquarters:

Las Vegas, Nevada

Status:

PublicNYSEMGM

Industry Sector:

Casinos & Gambling,
Resorts

SIC Code:

7900NAICS listing »

7011NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Eldorado Resorts a competitor of MGM Resorts?

I don't know

Trending News for MGM Resorts and MGM Resorts's Competitors

April 9, 2020

Casino Life Magazine

MGM RESORTS' ENTERTAINMENT PARTNERS UNITE IN UNPRECEDENTED SUPPORT FOR COMPANY'S EMPLOYEES DURING COVID-19 CRISIS

MGM Resorts International (NYSE: MGM) today recognized the support of many of its resident entertainm... See more »

April 9, 2020

The Business Journals: Washington, D.C.

Marriott to provide rooms to medical workers battling the coronavirus crisis

Marriott International Inc. (NASDAQ: MAR) said Wednesday it is teaming up with American Express Co. (... See more »

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MCLEAN, Va. - For the first time ever, DoubleTree by Hilton is sharing the official bake-at-home reci... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Caesars Entertainment is MGM Resorts's biggest rival. Caesars Entertainment was founded in Las Vegas, Nevada} in 1937. Like MGM Resorts, Caesars Entertainment also competes in the Casinos & Gambling sector. Compared to MGM Resorts, Caesars Entertainment generates $17.1B less revenue.

Sands is MGM Resorts's #2 rival. Sands's headquarters is in Las Vegas, Nevada, and was founded in 1989. Like MGM Resorts, Sands also competes in the Casinos & Gambling space. Sands generates 53% of MGM Resorts's revenue.

Wynn Resorts is MGM Resorts's #3 competitor. Wynn Resorts was founded in 2002 in Las Vegas, Nevada. Like MGM Resorts, Wynn Resorts also works within the Casinos & Gambling sector. Wynn Resorts generates $19.2B less revenue than MGM Resorts.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Bill Hornbuckle

Interim-CEO

- -
55,000
$0
$25.8B
1

Anthony Rodio

CEO

77/100
65,000
$16.3M
$8.7B
2

Sheldon G. Adelson

Chairman & CEO

81/100
51,500
$690.5M
$13.7B
3

Matt Maddox

CEO

79/100
26,000
$450M
$6.6B
4

Thomas Robert Reeg

CEO

84/100
18,700
- -
$5.1B
5

Christopher J. Nassetta

President & CEO

65/100
169,000
$2.4B
$9.5B
6

Arne M. Sorenson

President & CEO

77/100
176,000
$500M
$21B
7

Michael Mecca

President

74/100
21,000
- -
$6.7B
8

Tan Hee Teck

Chairman & CEO

79/100
8,000
- -
$1.1B
9

Anthony M Sanfilippo

Chairman & CEO

66/100
15,377
- -
$2.5B
10

Radha Arora

President

67/100
8,000
- -
$2B
The top 10 competitors in MGM Resorts' competitive set are Caesars Entertainment, Sands, Wynn Resorts, Eldorado Resorts, Hilton, Marriott, Galaxy Entertainment Group, RWS, Pinnacle Entertainment and Rosewood Hotels and Resorts. Together they have raised over 4.0B between their estimated 559.8K employees. MGM Resorts has 55,000 employees and is ranked 4th among it's top 10 competitors. The top 10 competitors average 55,779.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$25.8B

MGM Resorts's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 9.3B. Over the last three quarters, MGM Resorts's revenue has decreased by 1.2%. Specifically, in Q4 2019's revenue was $3.2B; in Q3 2019, it was $3.3B; in Q2 2019, it was $3.2B.

Acquisitions

No recent acquisitions found related to MGM Resorts

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Tunity develops a deep learning and computer vision based-application that allows users to hear live audio from muted televisions using mobile devices.
$10.6M
Feb 19, 2018
Series A
-

MGM Resorts News

April 8, 2020Hospitality Net

MGM Resorts Lights Up With Symbols Of Love And Support

LAS VEGAS - While Las Vegas may be currently closed for business, The Strip is lighting up literally ... See more »
April 8, 2020themarketsdaily

MGM Resorts International (NYSE:MGM) Shares Gap Up After Insider Buying Activity

Shares of MGM Resorts International (NYSE:MGM) gapped up prior to trading on Tuesday after an insider... See more »
April 7, 2020Seeking Alpha

New CEO And Great Vegas Asset Base Pave Way For Sunny Post Virus Upside

See more »
April 6, 2020The Business Journals: Washington, D.C.

MGM National Harbor revenue fell by nearly 60% in March

The forced closure of Maryland's six casinos last month to stop the spread of the novel coronavirus s... See more »
April 3, 2020World Casino News

Brian Sandoval leaving international post at MGM Resorts International

American casino operator, MGM Resorts International, has reportedly announced that Brian Sandoval (pi... See more »
April 3, 2020Northern Nevada Business Weekly

Former Governor Sandoval exits MGM Resorts, will apply to lead UNR

Last October, sitting UNR President Marc Johnson announced he was stepping down this spring, followin... See more »
April 1, 2020Top Rank Casinos

MGM Resorts International executives increase their shareholdings

Some of the most prominent executives for MGM Resorts International are reportedly thought to have co... See more »

MGM Resorts Press Releases

January 29, 2020PR Newswire

BetMGM Mobile Sports Betting Launches in West Virginia

WHITE SULPHUR SPRINGS, W.Va., Jan. 29, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and... See more »
January 23, 2020StreetInsider

MGM Northfield Park Welcomes New President & COO Matt Buckley

NORTHFIELD, Ohio, Jan. 23, 2020 /PRNewswire/ --Â MGM Northfield Park announced today the appointment ... See more »
January 17, 2020centralcharts

MGM Resorts International Sponsors the Dr. Martin Luther King, Jr. Annual Parade in Downtown Las Vegas

MGM Resorts International Sponsors the Dr. Martin Luther King, Jr. Annual Parade in Downtown Las Vega... See more »
January 15, 2020PR Newswire

BetMGM And National Lacrosse League Announce First-Ever U.S. Gaming Partnership In Lacrosse

PHILADELPHIA, Jan. 15, 2020 /PRNewswire/ -- The National Lacrosse League (NLL) today announced a land... See more »
January 6, 2020StreetInsider

MGM Northfield Park Pays Over $100 Million In Jackpots In 2019

NORTHFIELD, Ohio, Jan. 6, 2020 /PRNewswire/ -- MGM Northfield Park is proud to announce a record-brea... See more »
December 20, 2019LD Micro

World Poker Tour® Sets New Record at WPT Five Diamond World Poker Classic at Bellagio

Read this press release and other recent news about Allied Esports Entertainment Inc, (AESE) at ldmic... See more »
December 19, 2019StreetInsider

MGM Resorts International Hits Royal Flush With East Coast Poker Tour

ATLANTIC CITY, N.J., Dec. 19, 2019 /PRNewswire/ -- MGM Resorts International today announced details ... See more »

MGM Resorts Videos

April 7, 2020MGM Resorts Youtube Channel

"The Beatles LOVE by Cirque du Soleil | Countdown to Curtain | MGM Resorts" on YOUTUBE

See more »
February 22, 2020MGM Resorts Youtube Channel

"This is How We Vegas at ARIA Las Vegas with Jack" on YOUTUBE

See more »
February 15, 2020MGM Resorts Youtube Channel

"This is How We Vegas at ARIA Las Vegas with Emily" on YOUTUBE

See more »
February 3, 2020MGM Resorts Vimeo Channel

"5 - Me Tab" on VIMEO

Cast: MGM Resorts International... See more »
January 30, 2020MGM Resorts Youtube Channel

"Park MGM | Jonas Brothers in Vegas Residency + Park Theater | MGM Resorts" on YOUTUBE

See more »
November 23, 2019MGM Resorts Youtube Channel

"#MGMMinute | November 25 | MGM Resorts" on YOUTUBE

See more »
November 6, 2019MGM Resorts Youtube Channel

"Focused on #WhatMatters | MGM Resorts" on YOUTUBE

See more »

Social Statistics

Headquarters

3600 S Las Vegas Blvd. Bellagio Hotel & Casino

Las Vegas, Nevada89109

866-761-7111

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

MGM Resorts owns and operates a chain of resorts that provides accommodations, dining, entertainment and gaming services. MGM Resorts was founded in 1962. MGM Resorts' headquarters is located in Las Vegas, Nevada, USA 89109. MGM Resorts' Interim-CEO,...

CEO

MGM Resorts's Interim-CEO, Bill Hornbuckle, currently has an approval rating of 53%. MGM Resorts's primary competitors are Caesars Entertainment, Sands & Wynn Resorts.

Website

mgmresorts.com

Frequently Asked Questions about MGM Resorts

  1. When was MGM Resorts founded?

    MGM Resorts was founded in 1962

  2. Who is MGM Resorts's CEO?

    MGM Resorts's CEO is Bill Hornbuckle

  3. How much revenue does MGM Resorts generate?

    MGM Resorts generates $25.8B in revenue

  4. How much funding does MGM Resorts have?

    MGM Resorts has historically raised $0 in funding

  5. Where is MGM Resorts's headquarters?

    MGM Resorts's headquarters is in Las Vegas Nevada, USA

  1. How many employees does MGM Resorts have?

    MGM Resorts has 55,000 employees

  2. What sector does MGM Resorts operate in?

    MGM Resorts is in Casinos & Gambling, Resorts

  3. Who are MGM Resorts's competitors?

    MGM Resorts's top competitors are Caesars Entertainment, Sands, Wynn Resorts

  4. Who has MGM Resorts invested in?

    MGM Resorts's has invested in companies such as Tunity
Stay up-to-date with the latest news on MGM Resorts