MGM Resorts International

MGM Resorts International

Operates luxury resorts and casinos globally

About MGM Resorts International

Simplify's Rating
Why MGM Resorts International is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Consumer Goods

Entertainment

Company Size

10,001+

Company Stage

IPO

Headquarters

Paradise, Nevada

Founded

2000

Overview

MGM Resorts International operates a range of luxury destination resorts, including well-known brands like Bellagio, MGM Grand, Mandalay Bay, and The Mirage. The company caters to various customers, from leisure travelers to business professionals and high-stakes gamblers. Its services encompass hotel stays, casino gaming, live entertainment, dining options, and retail experiences. Revenue is generated through room bookings, casino activities, food and beverage sales, and ticket sales for entertainment events. A key feature of MGM Resorts is its M Rewards loyalty program, which encourages customer retention and repeat visits. The company also organizes special events and conferences, offering customized packages for corporate clients and large groups. The goal of MGM Resorts is to provide exceptional experiences through high-quality services and customer care.

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Simplify's Take

What believers are saying

  • MGM's $9 billion Osaka project expands its global footprint in Asia.
  • The MGM Rewards Iconic World Elite Mastercard enhances guest experiences and loyalty.
  • MGM's Bellagio Fountain Club offers unique experiences for Formula 1 fans.

What critics are saying

  • MGM faces reputational risks from an $8.5 million money laundering fine.
  • The Osaka project poses financial risks due to its high cost and delays.
  • Layoffs in MGM's contact center may impact customer service quality.

What makes MGM Resorts International unique

  • MGM Resorts offers a diverse portfolio of luxury destination resort brands.
  • The company integrates casino gaming with live entertainment and dining experiences.
  • MGM's M Rewards loyalty program enhances customer retention and repeat business.

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Funding

Total Funding

$6150M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Wellness Program

Health Insurance

401(k) Retirement Plan

Disability Insurance

Life Insurance

Professional Development Budget

Company News

RGJ
Apr 25th, 2025
Gaming Commission hails MGM 'culture of compliance' in issuing $8.5 million fine

The complaint alleged MGM allowed three illegal bookmakers to gamble at the company's properties, despite knowledge of, or suspicions about their sources of income.

Pan Asia Biz
Apr 24th, 2025
$9 Billion MGM Casino Project Officially Launched in Osaka

On April 24, 2025, MGM Resorts International officially broke ground on its $9 billion casino project in Japan, after several delays that spanned multiple years.

Missoula Current
Apr 18th, 2025
MGM agrees to pay $8.5M fine for money laundering violation

MGM agrees to pay $8.5M fine for money laundering violation.

MGM Resorts International
Apr 17th, 2025
FNBO, Mastercard(R), and MGM Resorts International Unveil MGM Rewards(TM) Iconic World Elite Mastercard(R)

Omaha, NE, Purchase, NY, & Las Vegas, NV (April 17, 2025) - FNBO (First National Bank of Omaha), Mastercard(R) and MGM Resorts International today announced the launch of the MGM Rewards(TM) Iconic World Elite Mastercard(R), a premier travel and lifestyle rewards credit card designed to elevate the guest experience at MGM Resorts Destinations nationwide and send MGM Rewards status soaring.

Vegas Slots Online
Apr 14th, 2025
MGM Resorts Laying Off 200+ Contact Center Workers, Reports Suggest

MGM Resorts will reportedly be laying off about 200 workers in its contact center in the coming weeks.

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Host Person Din Tai Fung - Aria

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MGM Resorts International is Hiring for 151 Jobs on Simplify!

Find jobs on Simplify and start your career today

πŸ’‘
We update MGM Resorts International's jobs every few hours, so check again soon! Browse all jobs β†’