MGM Resorts International

More Details of MGM Resorts International Company

MGM Resorts International is a global gaming and entertainment company with national and international locations featuring hotels and casinos, meetings and conference spaces, live and theatrical entertainment experiences, and a range of restaurant, nightlife and retail offerings. The Company’s segments include Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The Las Vegas Strip Resorts segment consists of Aria, Bellagio, The Cosmopolitan of Las Vegas, MGM Grand Las Vegas, Mandalay Bay, Luxor, New York-New York, Excalibur, and Park MGM. The Regional Operations segment consists of MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George’s County, Maryland; MGM Springfield in Springfield, Massachusetts; Empire City in Yonkers, New York, and others. MGM Digital is its online gaming portfolio which is primarily comprised of LeoVegas.

Company Info

Ticker SymbolMGM

Company nameMGM Resorts International

IPO dateDec 13, 1989

Founded at1986

CEOMr. William Joseph Hornbuckle

Number of employees45000

Security typeOrdinary Share

Fiscal year-endDec 13

Address3600 Las Vegas Blvd S

CityLAS VEGAS

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code89109

Phone17026937120

Websitehttps://www.mgmresorts.com/

Ticker SymbolMGM

IPO dateDec 13, 1989

Founded at1986

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Paul J. Salem

Independent Chairman of the Board

1.70M

--

Mr. John M. Mcmanus, J.D.

Chief Legal and Administrative Officer and Secretary

91.52K

--

Mr. Jonathan S. Halkyard

Chief Financial Officer, Treasurer

75.65K

+15.23%

Mr. Gary M. Fritz

President - MGM Resorts International Interactive

66.34K

--

Ms. Alexis M. Herman

Independent Director

14.80K

--

Ms. Mary Chris Jammet

Independent Director

10.51K

+100.21%

Mr. Benjamin (Ben) Winston

Independent Director

9.54K

+78.97%

Ms. Rose E. Mckinney-James

Independent Director

1.76K

--

Ms. Donna Langley

Independent Director

1.73K

--

Mr. Daniel J. (Dan) Taylor

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Paul J. Salem

Independent Chairman of the Board

1.70M

--

Mr. John M. Mcmanus, J.D.

Chief Legal and Administrative Officer and Secretary

91.52K

--

Mr. Jonathan S. Halkyard

Chief Financial Officer, Treasurer

75.65K

+15.23%

Mr. Gary M. Fritz

President - MGM Resorts International Interactive

66.34K

--

Ms. Alexis M. Herman

Independent Director

14.80K

--

Ms. Mary Chris Jammet

Independent Director

10.51K

+100.21%

Revenue Breakdown

Currency: USDUpdated: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

FY2018

By BusinessUSD

Name

Revenue

Proportion

Casino

8.19B

47.53%

Rooms

3.68B

21.35%

Food And Beverage

3.08B

17.86%

Entertainment Retail And Other

1.60B

9.30%

Corporate and Others

129.71M

0.75%

By RegionUSD

Name

Revenue

Proportion

United States

12.66B

73.46%

China

4.02B

23.32%

Others

555.23M

3.22%

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Casino

8.19B

47.53%

Rooms

3.68B

21.35%

Food And Beverage

3.08B

17.86%

Entertainment Retail And Other

1.60B

9.30%

Corporate and Others

129.71M

0.75%

Shareholding Stats

Updated: Sat, May 17

Shareholders

Shareholder Types

Shareholders

Proportion

IAC/InterActiveCorp

23.78%

The Vanguard Group, Inc.

9.23%

Davis Selected Advisers, L.P.

7.65%

BlackRock Institutional Trust Company, N.A.

4.05%

State Street Global Advisors (US)

3.37%

Other

51.92%

Shareholders

Proportion

IAC/InterActiveCorp

23.78%

The Vanguard Group, Inc.

9.23%

Davis Selected Advisers, L.P.

7.65%

BlackRock Institutional Trust Company, N.A.

4.05%

State Street Global Advisors (US)

3.37%

Other

51.92%

Shareholder Types

Shareholders

Proportion

Investment Advisor/Hedge Fund

34.79%

Corporation

23.78%

Investment Advisor

21.40%

Hedge Fund

6.96%

Research Firm

3.70%

Pension Fund

1.27%

Bank and Trust

1.11%

Individual Investor

1.10%

Sovereign Wealth Fund

0.97%

Other

4.93%

Institutional Shareholding

Updated: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

1497

271.64M

99.79%

-29.44M

2024Q4

1520

271.40M

95.02%

-30.73M

2024Q3

1469

275.46M

93.53%

-24.62M

2024Q2

1456

273.78M

89.29%

-33.88M

2024Q1

1457

279.39M

90.68%

-34.59M

2023Q4

1469

289.02M

85.01%

-38.85M

2023Q3

1438

304.07M

86.57%

-27.25M

2023Q2

1451

307.49M

85.15%

-30.45M

2023Q1

1436

311.20M

82.52%

-34.84M

2022Q4

1435

319.53M

83.60%

-42.85M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

IAC/InterActiveCorp

64.72M

22.87%

--

Mar 14, 2025

The Vanguard Group, Inc.

25.98M

9.18%

-1.11M

-4.11%

Dec 31, 2024

Davis Selected Advisers, L.P.

19.92M

7.04%

+882.42K

+4.63%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

11.54M

4.08%

+208.76K

+1.84%

Dec 31, 2024

State Street Global Advisors (US)

9.41M

3.32%

+46.01K

+0.49%

Dec 31, 2024

Corvex Management LP

5.69M

2.01%

--

Mar 14, 2025

Invesco Capital Management LLC

5.17M

1.83%

+1.08M

+26.44%

Dec 31, 2024

Geode Capital Management, L.L.C.

5.39M

1.91%

+1.00K

+0.02%

Dec 31, 2024

HG Vora Capital Management, LLC

3.00M

1.06%

+500.00K

+20.00%

Dec 31, 2024

Related ETFs

Updated: Fri, Jun 6

Name

Proportion

Davis Select US Equity ETF

6.58%

Davis Select Worldwide ETF

4.67%

VanEck Gaming ETF

3.91%

Roundhill Sports Betting & iGaming ETF

2.38%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

2.07%

First Trust S-Network Streaming & Gaming ETF

1.33%

AdvisorShares Gerber Kawasaki ETF

1.01%

Direxion Daily Travel & Vacation Bull 2X Shares

0.99%

Invesco S&P 500 High Beta ETF

0.97%

Direxion Daily S&P 500 High Beta Bull 3X Shares

0.61%

Davis Select US Equity ETF

Proportion6.58%

Davis Select Worldwide ETF

Proportion4.67%

VanEck Gaming ETF

Proportion3.91%

Roundhill Sports Betting & iGaming ETF

Proportion2.38%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Proportion2.07%

First Trust S-Network Streaming & Gaming ETF

Proportion1.33%

AdvisorShares Gerber Kawasaki ETF

Proportion1.01%

Direxion Daily Travel & Vacation Bull 2X Shares

Proportion0.99%

Invesco S&P 500 High Beta ETF

Proportion0.97%

Direxion Daily S&P 500 High Beta Bull 3X Shares

Proportion0.61%

Dividend

A total of 86.44M USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Nov 02, 2022

MGM.NB Final Cash Dividend of gross USD 0.0025 paid on Dec 15, 2022 going ex on Dec 08, 2022

Dec 09, 2022

Dec 15, 2022

Dec 08, 2022

Aug 03, 2022

MGM.NB Interim Cash Dividend of gross USD 0.0025 paid on Sep 15, 2022 going ex on Sep 08, 2022

Sep 09, 2022

Sep 15, 2022

Sep 08, 2022

May 02, 2022

MGM.NB Interim Cash Dividend of gross USD 0.0025 paid on Jun 15, 2022 going ex on Jun 09, 2022

Jun 10, 2022

Jun 15, 2022

Jun 09, 2022

Feb 09, 2022

MGM.NB Interim Cash Dividend of gross USD 0.0025 paid on Mar 15, 2022 going ex on Mar 09, 2022

Mar 10, 2022

Mar 15, 2022

Mar 09, 2022

Nov 03, 2021

MGM.NB Final Cash Dividend of gross USD 0.0025 paid on Dec 15, 2021 going ex on Dec 09, 2021

Dec 10, 2021

Dec 15, 2021

Dec 09, 2021

Aug 04, 2021

MGM.NB Interim Cash Dividend of gross USD 0.0025 paid on Sep 15, 2021 going ex on Sep 09, 2021

Sep 10, 2021

Sep 15, 2021

Sep 09, 2021

Apr 28, 2021

MGM.NB Interim Cash Dividend of gross USD 0.0025 paid on Jun 15, 2021 going ex on Jun 09, 2021

Jun 10, 2021

Jun 15, 2021

Jun 09, 2021

Feb 10, 2021

MGM.NB Interim Cash Dividend of gross USD 0.0025 paid on Mar 15, 2021 going ex on Mar 09, 2021

Mar 10, 2021

Mar 15, 2021

Mar 09, 2021

Oct 29, 2020

MGM.NB Final Cash Dividend of gross USD 0.0025 paid on Dec 15, 2020 going ex on Dec 09, 2020

Dec 10, 2020

Dec 15, 2020

Dec 09, 2020

Jul 30, 2020

MGM.NB Interim Cash Dividend of gross USD 0.0025 paid on Sep 15, 2020 going ex on Sep 09, 2020

Sep 10, 2020

Sep 15, 2020

Sep 09, 2020

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

34.385USD

MGM Resorts International

34.385

Overview

Company