NewsfeedFollowed Companies

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

MGM Resorts develops, builds and operates various resorts designed to provide accommodations, dining, entertainment and ... 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

James J. Murren's photo - Chairman & CEO of MGM Resorts

Chairman & CEO

James J. Murren

CEO Approval Rating

73/100

OVERVIEW

Founded:

1962

Headquarters:

Las VegasNevada

Status:

PublicIndependent Company of NYSEMGM

Industry Sector:

Casinos & Gambling

Resorts

SIC Code:

7011NAICS listing »

7900NAICS listing »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Weigh-in!

Help the Owler community know more

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

January 18, 2020

The Business Journals: Pacific Business News

Hilton launches lifestyle brand targeting new demographic

Hilton launched a new lifestyle brand this week, with properties confirmed in 30 national markets, in... See more »

January 17, 2020

Casino News Daily

Louisiana Casino Regulator Approves Caesars/Eldorado Mega-Merger

The Louisiana Gaming Control Board endorsed Eldorado Resorts' $17.3 billion marriage with rival Caesa... See more »

January 17, 2020

Casino News Daily

Louisiana Casino Regulator Approves Caesars/Eldorado Mega-Merger

The Louisiana Gaming Control Board endorsed Eldorado Resorts' $17.3 billion marriage with rival Caesa... 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 $4.1B less revenue.

LVS is MGM Resorts's #2 rival. LVS's headquarters is in Las Vegas, Nevada, and was founded in 1989. Like MGM Resorts, LVS also competes in the Casinos & Gambling space. LVS generates 107% 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 $6.1B less revenue than MGM Resorts.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

James J. Murren

Chairman & CEO

- -
55,000
$0
$12.8B
1

Anthony Rodio

CEO

72/100
65,000
$16.3M
$8.7B
2

Sheldon G. Adelson

Chairman & CEO

81/100
51,500
$690.5M
$13.8B
3

Matt Maddox

CEO

75/100
26,000
$450M
$6.6B
4

Thomas Robert Reeg

CEO

84/100
7,800
- -
$6.6B
5

Christopher J. Nassetta

President & CEO

69/100
169,000
$2.4B
$9.4B
6

Arne M. Sorenson

President & CEO

76/100
176,000
$500M
$22.5B
7

Michael Mecca

President

80/100
20,500
- -
$6.2B
8

Tan Hee Teck

Chairman & CEO

82/100
8,000
- -
$1.1B
9

Anthony M Sanfilippo

Chairman & CEO

60/100
15,377
- -
$2.5B
10

Radha Arora

President

84/100
8,000
- -
$2B
The top 10 competitors in MGM Resorts' competitive set are Caesars Entertainment, LVS, 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 54,743.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$12.8B

MGM Resorts's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 8.4B. Over the last four quarters, MGM Resorts's revenue has grown by 8.6%. Specifically, in Q3 2019's revenue was $3.3B; in Q2 2019, it was $3.2B; in Q1 2019, it was $3.2B; in Q4 2018, MGM Resorts's revenue was $3.1B.

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

January 16, 2020Commercial Observer

Trade for MGM Grand, Mandalay Bay Assets Valued at $4.6B

Blackstone is all-in on Las Vegas. Three months after acquiring the Bellagio in a $4.25 billion deal,... See more »
January 16, 2020BusinessWest

MGM Springfield Posts Lowest-ever Month for Gambling Revenue

SPRINGFIELD - MGM Springfield reported gross gambling revenue of $18.9 million for December, the lowe... See more »
January 16, 2020Zacks

MGM Resorts Partners With NLL to Push Up Sports Betting

MGM Resorts (MGM) continues to strengthen its sports betting footprint following the legalization out... See more »
January 15, 2020Top Rank Casinos

MGM Resorts Incorporated inks lease-back deals for pair of Las Vegas venues

After inking a lease-back agreement for its Bellagio Las Vegas venue in October and American casino g... See more »
January 15, 2020Conference and Meetings World

Blackstone to acquire MGM Grand and Mandalay Bay for $2.5bn

MGM Resorts International is selling the MGM Grand and Mandalay Bay resorts and casinos on the Vegas ... See more »
January 15, 2020Breaking Travel News

MGM resorts sells two more Las Vegas casinos

MGM Resorts International has sold the MGM Grand and Mandalay Bay casinos on the Las Vegas Strip for ... See more »
January 14, 2020The Financial Times

MGM Resorts sells casino properties in $2.5bn deal

Blackstone doubles down on Las Vegas real estate bet in joint venture... See more »

MGM Resorts Press Releases

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 »
November 25, 2019StreetInsider

MGM Northfield Park To Make Donation To Local Emergency Assistance Center

See more »
October 22, 2019PR Newswire

MGM & Nordonia Hills School Partnership Helps Students Gain College and Career Ready Skills

NORTHFIELD VILLAGE, Ohio, Oct. 22, 2019 /PRNewswire/ -- MGM Northfield Park (MGMNP) announced support... See more »
September 5, 2019University Chronicle

The 5th Anniversary Of The Julius Erving Golf Classic Will Be Held At Borgata Hotel, Casino & Spa on September 7-9, 2019

The 5th Anniversary Celebration of The Julius Erving Golf Classic presented by Borgata Hotel, Casino ... See more »
July 26, 2019CentralCharts

MGM Resorts International Reports Second Quarter Financial And Operating Results

MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial resul... See more »
May 28, 2019PR Newswire

Australia's Thunder From Down Under Strikes A Landmark 10-Year Extension With MGM Resorts International

LAS VEGAS, May 28, 2019 /PRNewswire/ -- This summer, Australia's Thunder from Down Under - the longes... See more »

MGM Resorts Videos

October 17, 2019MGM Resorts Youtube Channel

"#FriendsFountainChallenge | MGM Resorts" on YOUTUBE

See more »
September 14, 2019MGM Resorts Youtube Channel

"#MGMMinute | September 16, 2019 | MGM Resorts" on YOUTUBE

See more »
August 30, 2019MGM Resorts Youtube Channel

"#MGMMinute | September 2, 2019 | MGM Resorts" on YOUTUBE

See more »
August 2, 2019MGM Resorts Youtube Channel

"#MGMMinute | August 5, 2019 | MGM Resorts" on YOUTUBE

See more »
July 27, 2019MGM Resorts Youtube Channel

"#MGMMinute | July 29, 2019 | MGM Resorts" on YOUTUBE

See more »
July 19, 2019MGM Resorts Youtube Channel

"MGM Resorts NBA Summer League with Chairman & CEO Jim Murren | MGM Resorts" on YOUTUBE

See more »
June 18, 2019MGM Resorts Vimeo Channel

"WCBF Press Conference - Tokyo Dome Hotel - May 28, 2019" on VIMEO

Cast: MGM Resorts International... 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 develops, builds and operates various resorts designed to provide accommodations, dining, entertainment and gaming experiences. MGM Resorts was founded in 1962. MGM Resorts' headquarters is located in Las Vegas, Nevada, USA 89109. MGM Res...

CEO

MGM Resorts's Chairman & CEO, James J. Murren, currently has an approval rating of 73%. MGM Resorts's primary competitors are Caesars Entertainment, LVS & 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 James J. Murren

  3. How much revenue does MGM Resorts generate?

    MGM Resorts generates $12.8B 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, LVS, 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