MGM Resorts International

MGM Resorts International

Develops, builds and operates unique destination resorts designed to provide a total resort experience, including first-class accommodations and dining. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues5.2b9.7b13.1b16.2b17.4b17.6b17.8b
% growth(60 %)88 %36 %23 %7 %1 %2 %
EBITDA(1.0b)1.8b1.7b2.4b4.8b5.0b5.2b
% EBITDA margin(20 %)18 %13 %15 %28 %29 %29 %
Profit(1.0b)1.3b1.5b1.1b792m917m1.0b
% profit margin(20 %)13 %11 %7 %5 %5 %6 %
EV / revenue4.4x3.0x1.0x1.2x0.9x0.8x0.8x
EV / EBITDA-22.3x16.3x7.7x7.9x3.1x2.9x2.8x
  • Edit
DateInvestorsAmountRound
N/A

N/A

IPO
N/A

$1.0b

Post IPO Debt

$1.0b

Post IPO Equity
*
N/A

$750m

Post IPO Debt
*

$3.4b

Post IPO Debt
Total Funding-

Recent News about MGM Resorts International

Edit
More about MGM Resorts Internationalinfo icon
Edit

MGM Resorts International is a global hospitality and entertainment company that operates a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay, and The Mirage. The company serves a diverse clientele ranging from leisure travelers and business professionals to high-stakes gamblers and event organizers. Operating primarily in the luxury hospitality and entertainment market, MGM Resorts offers a wide array of services including hotel accommodations, casino gaming, live entertainment, dining, and retail. The business model is centered around generating revenue through room bookings, casino operations, food and beverage sales, and entertainment ticket sales. Additionally, the company leverages its M Rewards loyalty program to enhance customer retention and drive repeat business. MGM Resorts also hosts special events and conferences, providing tailored packages to meet the needs of corporate clients and large groups. The company is committed to delivering exceptional experiences through innovative offerings and superior customer service.

Keywords: luxury accommodations, casino gaming, live entertainment, dining, retail, loyalty program, special events, corporate packages, hospitality, destination resorts.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
  • Edit
Tunity
ACQUISITION by iSpot.tv Mar 2022
Borgata Hotel Casino & Spa
ACQUISITION by MGM Resorts International Jun 2016
Sydell Group
ACQUISITION by Hilton Hotels & Resorts Apr 2024