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MarketScreener Homepage  >  Equities  >  Nyse  >  MGM Resorts International    MGM

MGM RESORTS INTERNATIONAL

(MGM)
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Business Summary
Logo MGM Resorts International
MGM Resorts International is one of the world's leading casino operators. At the end of 2019, the group operates 18 casino hotels in the United States (16; Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, Excalibur, New York-New York, Monte Carlo, Circus Circus Las Vegas , etc.) and in China (MGM Macau and MGM Cotai). Additionally, the group owns 50% of CityCenter and 50% of Greater Victoria. Net sales break down by activity as follows:

- casinos operation (50.5%): 34,546 slot machines and 2,041 gaming tables operated at the end of 2019;

- hotel operation (18.8%): operation of 45,157 hotel rooms (including 31,098 hotel rooms in the United States);

- catering (16.6%);

- operation of leisure sites (11.5%);

- other (2.6%): mainly stores operation.

Net sales are distributed geographically as follows: the United States (77.5%) and China (22.5%).

Number of employees : 70 000 people.
Sales per Business
20182019Delta
USD (in Million)%USD (in Million)%
Las Vegas Strip Resorts5,71748.6%5,83145.2% +2%
Regional Operations2,93524.9%3,55027.5% +20.97%
MGM China2,45020.8%2,90522.5% +18.59%
Corporate and Other661.955.6%613.424.8% -7.33%
Sales per region
20182019Delta
USD (in Million)%USD (in Million)%
United States8,65173.5%9,38172.7% +8.43%
China2,45020.8%2,90522.5% +18.59%
Corporate and Other661.955.6%613.424.8% -7.33%
Managers
NameAgeSinceTitle
William Hornbuckle612020President, Chief Executive Officer & Director
Paul Salem552020Chairman
Corey Sanders552019Chief Financial Officer & Treasurer
Roland A. Hernandez622002Lead Independent Director
Alexis Margaret Herman712002Independent Director
Rose E. McKinney-James672005Independent Director
Daniel J. Taylor622007Independent Director
William Warwick Grounds632013Director
Gregory M. E. Spierkel622013Independent Director
Mary Chris Gay512014Independent Director
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 493,939,099 431,124,232 87.3% 0 0.0% 87.3%
Shareholders
NameEquities%
IAC/InterActiveCorp 59,033,902 12.0%
The Vanguard Group, Inc. 50,126,905 10.2%
T. Rowe Price Associates, Inc. (Investment Management) 32,769,062 6.64%
Corvex Management LP 22,537,696 4.57%
SCP III LP 18,097,533 3.67%
SSgA Funds Management, Inc. 17,962,746 3.64%
Capital Research & Management Co. 17,819,981 3.61%
Harris Associates LP 14,913,703 3.02%
Capital Research & Management Co. (International Investors) 13,502,432 2.74%
SRS Investment Management LLC 13,372,329 2.71%
Holdings
NameEquities%Valuation
MGM China Holdings Limited (2282) 2,126,100,00156.0%2,801,944,669 USD
MGM Growth Properties LLC Class B 1100.0%26 USD
Markets and indexes
- NYSE
- Main Market
- SP 500 /
Stock Exchange Codes
- Bloomberg Code :  
- Reuters Code :  MGM:N
- Datastream Code :  
Company contact information
MGM Resorts International
3600 Las Vegas Boulevard South
NV 89109 Las Vegas, Nevada
États-Unis (les)

Phone : +1 (702) 693 7120
Fax : +1
web site : http://mgmresorts.investorroom.com
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