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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

75/100

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

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Competitor - 1/1

Is RWS a competitor of MGM Resorts?

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Trending News for MGM Resorts and MGM Resorts's Competitors

November 19, 2019

Hotel News Resource

Blackstone Real Estate Income Trust Completes Acquisition of Bellagio Real Estate from MGM Resorts International for $4.25 Billion in Sale-Leaseback Transaction

Blackstone Real Estate Income Trust and MGM Resorts International (NYSE:MGM) yesterday announced the ... See more »

November 18, 2019

DailyAlts

Casino "Whale" Caesars in Eldorado's Net: Shareholders Green Light Their Merger

Thanks to Carl Icahn's activism, and an $8.58 billion acquisition kitty, Eldorado is in the driver's ... See more »

November 19, 2019

Travel and Tour World

Galaxy International Convention Centre to be launched in Macao

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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.

Galaxy Entertainment Group is MGM Resorts's #3 competitor. Galaxy Entertainment Group was founded in 1988 in Central, Other. Galaxy Entertainment Group operates in the industry. Galaxy Entertainment Group generates $3.8B 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

78/100
65,000
$16.3M
$8.7B
2

Sheldon G. Adelson

Chairman & CEO

86/100
51,500
$690.5M
$13.8B
3

Michael Mecca

President

80/100
20,500
- -
$9B
4

Tan Hee Teck

Chairman & CEO

82/100
8,000
- -
$1.1B
5

CEO

- -
1,000
- -
$250M
6

CEO

- -
117
- -
$38.6M
7

CEO

- -
- -
8

CEO

- -
52
- -
$2.6M
9

CEO

- -
57
- -
$12.7M
10

Timothy J. Wilmott

CEO

70/100
18,808
$980M
$14.2B
The top 10 competitors in MGM Resorts' competitive set are Caesars Entertainment, LVS, Galaxy Entertainment Group, RWS, Resorts World, Vegasportraitstudios, Las Vegas Greatest, Anthony's Las Vegas Lux Properties, Las Vegas Railroad Society Museum and Penn National Gaming. Together they have raised over 1.7B between their estimated 173.0K employees. MGM Resorts has 55,000 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 22,003.

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 6B. 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

November 11, 2019Las Vegas Review-Journal

Sale-leasebacks like MGM's Bellagio deal may pick up steam

MGM Resorts International's "sale-leaseback" of Bellagio isn't likely to be its last such deal, and t... See more »
November 8, 2019Hospitality Net

MGM Resorts International Teams Up With American Airlines And USO For 2019 Salute To The Troops Event

LAS VEGAS - In celebration of America's service members, MGM Resorts International will host "A Salut... See more »
November 7, 2019The Business Journals: Washington, D.C.

MGM National Harbor revenue drops in October after last fall's record-breaking numbers

October 2019 could not keep pace with October 2018's record-breaking casino revenue in Maryland. Mary... See more »
November 6, 2019Casino News Daily

MGM Could Offload Springfield Casino as Part of "Asset-Light" Strategy

Las Vegas hotel and casino operator MGM Resorts International could move to sell its casino resort in... See more »
November 5, 2019Forbes

Will MGM's F&B Revenues in Vegas Surpass Its Casino Revenues This Year?

MGM Resorts (NYSE: MGM) recently announced the sale of two of its Las Vegas properties, Bellagio and ... See more »
November 5, 2019Travel Weekly

Comic signs five-year extension at the Luxor

The prop comic has been entertaining audiences at the hotel since 2005.... See more »
November 4, 2019MarketScreener

Announces Bold Vision For Social Impact And Sustainability

(marketscreener.com) Company sets 2025 aspirations for diversity, sustainability and community, joini... See more »

MGM Resorts Press Releases

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 »
April 5, 2019centralcharts

For the 8th Consecutive Year, Human Rights Campaign Names MGM Resorts International One of the "Best Places to Work for LGBTQ Equality"

LAS VEGAS, April 4, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) is proud to announce t... See more »
April 4, 2019StreetInsider

For the 8th Consecutive Year, Human Rights Campaign Names MGM Resorts International One of the "Best Places to Work for LGBTQ Equality"

GM Resorts International (NYSE: MGM) is proud to announce that it received a perfect score of 100 on ... See more »
April 2, 2019Business Wire

USA TODAY Wine & Food Experience Announces 2019 Tour

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY NETWORK Events, part of Gannett Co., Inc. (NYSE: GCI), announ... See more »
April 2, 2019StreetInsider

The Exhibition, Reimagined for Las Vegas, to Open at MGM Grand in May

Hunger Games: The Exhibition is set to launch at MGM Grand Hotel & Casino in May and features a new s... See more »
April 1, 2019PR Newswire

The MGM Resorts Foundation Awards $30,000 Grant to The Shade Tree, The Largest Shelter of Its Kind in Nevada

LAS VEGAS, April 1, 2019 /PRNewswire/ -- The MGM Resorts Foundation (the "Foundation") donated the pr... See more »

MGM Resorts Videos

September 14, 2019MGM Resorts Youtube Channel

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

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August 30, 2019MGM Resorts Youtube Channel

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

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August 2, 2019MGM Resorts Youtube Channel

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

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July 27, 2019MGM Resorts Youtube Channel

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

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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 »
March 5, 2019MGM Resorts Vimeo Channel

"Sign up for St Baldricks!" 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 75%. MGM Resorts's primary competitors are Caesars Entertainment, LVS & Galaxy Entertainment Group.

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, Galaxy Entertainment Group

  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