Commercial Sports Betting & Wagering · Advertiser / Brand
MGM Resorts
Public operator of integrated casino resorts, hospitality and digital gaming.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- MGM Resorts International
- Entity type
- COMPANY
- Founded
- 1986
- Headquarters
- United States
- Company size
- >5,000
- Market cluster / sector
- Commercial Sports Betting & Wagering
- Market role
- Advertiser / Brand
- Ticker
- MGM
- Official website
- mgmresorts.com
What MGM Resorts does
MGM owns and operates integrated resort assets that concentrate gaming, accommodation, food and beverage, entertainment, meetings, retail and nightlife spending within destination properties. It creates value by attracting high volumes of leisure, gaming and event customers to branded resorts, then cross-selling multiple on-property services. Digital gaming participation is delivered through the BetMGM joint venture, extending the group into regulated online sports betting and iGaming.
Category differentiation
MGM Resorts is an integrated casino-resort, hospitality and entertainment operator, not a pure-play hotel chain, media sales house or standalone adtech provider. Its digital betting exposure is through the BetMGM joint venture rather than replacing its core physical-resort business.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
MGM Resorts International is a publicly listed US gaming, hospitality and entertainment corporation headquartered in Las Vegas. It operates integrated resort destinations comprising hotels, casinos, live entertainment, dining, retail and related leisure services. The group acts largely as a holding company through subsidiaries and reported net revenues of $17.54 billion for 2025. Its customer base consists principally of leisure travellers, casino patrons, event guests and hospitality consumers. MGM monetises hotel stays, casino gaming, food and beverage, entertainment, retail and resort services. It also has digital gaming exposure through the jointly owned BetMGM sports-betting and iGaming operator and is expanding its international resort footprint in Japan.
Company news briefing
Briefing updated:
MGM Resorts reported its third-quarter 2026 financial results, posting consolidated revenue of $4.21 billion and a significant rise in operating income to $118.68 million. The company continues to strengthen its hospitality and entertainment positioning in Las Vegas, leading the market with four Michelin stars and preparing high-profile activations including the Formula 1 Heineken Las Vegas Grand Prix and upcoming headline events such as 'The MGM Slam' featuring Rafael Nadal.
Business model & monetisation
Revenue is generated from casino gaming win, hotel room bookings and resort fees, food and beverage sales, ticketed entertainment and events, retail activity, convention and meeting services, and other on-property hospitality spending. MGM also participates economically in regulated digital sports betting and iGaming through the BetMGM joint venture.
- Casino gaming
- Gaming win and wagering activity
- Hotels and resort services
- Accommodation bookings, resort fees and ancillary guest charges
- Food, beverage, entertainment and retail
- Direct consumer sales and ticketing
- Digital gaming participation
- Joint-venture economics from sports betting and iGaming
Products & capabilities
No products with linked sources are available in this view.
Unlock Full Intelligence Profile for MGM Resorts
Get unlimited access to corporate ownership, historical M&A transactions, verified tech stack telemetry, and live market signals in the interactive Knowledge Graph.
Verified Ownership & Corporate Hierarchy
Complete corporate hierarchy traversal, shareholder cap table history, and parent holding links sourced from regulatory filings.
360° Tech Stack & Vendor Telemetry
Technical header bidding configurations, sellers.json registry nodes, CMP disclosures, and direct programmatic supply chains.
Live Market Signals & Executive Briefings
Continuous 24/7 monitoring of material M&A deals, executive shifts, product rollouts, and hiring trends across peer entities.
Competitors & alternatives
Track competitor shifts
Receive automated telemetry on strategic moves, acquisitions, and market share shifts across MGM Resorts's competitive landscape.
Gaming and hospitality operator with digital betting and loyalty platforms.
Global hotel operator, manager and franchisor.
Gaming supplier spanning casino hardware, gaming platforms and mobile games.
Regulated lottery operator with digital gaming and lottery technology businesses.
Online sportsbook and casino platform for real-money wagering.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
10-Q Financial Filing Analysis for MGM Resorts (2026-10-28)
financials · Recorded impact score: 3.7/5
MGM Resorts International reported financial results for the third quarter ended September 30, 2026, generating consolidated revenue of $4.21 billion, down 1% year-over-year. Operating income rose significantly to $118.68 million compared to an operating loss of $112.85 million in Q3 2025, which was heavily weighed down by a $256 million goodwill impairment at Empire City. Consolidated net income reached $39.21 million, though net loss attributable to MGM Resorts was $17.11 million after accounting for $56.32 million in net income attributable to noncontrolling interests. Performance reflected a 2% top-line softness on the Las Vegas Strip driven by lower ADR and an 8% drop in Regional Operations following the divestiture of MGM Northfield Park, counterbalanced by 5% revenue growth at MGM China and 6% growth in MGM Digital.
- Consolidated net revenue for Q3 2026 was $4.21 billion, driven by $2.30 billion in Casino revenue, $763.00 million in Rooms, $741.48 million in Food and Beverage, and $403.02 million in Entertainment, Retail, and Other.
- Operating income reached $118.68 million and consolidated net income was $39.21 million; basic and diluted EPS attributable to MGM Resorts was $(0.07).
MGM RESORTS SPRINTS TO RACE WEEK WITH HIGH-OCTANE FAN EXPERIENCES FOR FORMULA 1® HEINEKEN LAS VEGAS GRAND PRIX 2026, NOVEMBER 19-21
Recorded impact score: 4/5
MGM Resorts has announced high-octane fan experiences along the Las Vegas Strip for the Formula 1 Heineken Las Vegas Grand Prix 2026, taking place November 19-21, 2026. The offerings will feature the dedicated MGM Zone, curated culinary programs, and race-inspired art and fashion pop-ups.
- The Formula 1 Heineken Las Vegas Grand Prix 2026 is scheduled to take place from November 19 to November 21, 2026.
- Activations include the MGM Zone along with race-themed culinary events, fashion, and art pop-up installations.
The Cosmopolitan of Las Vegas to Unveil The Corner Store November 9
Recorded impact score: 3/5
The Corner Store, a prominent SoHo dining concept from Tilman Fertitta, Eugene Remm, and Catch Hospitality Group led by Chef Michael Vignola, is making its West Coast debut at The Cosmopolitan of Las Vegas. The restaurant is scheduled to open on November 9, 2026, marking its first-ever expansion outside New York. Reservations for the newly announced Las Vegas Strip venue are now officially open.
- The Corner Store will officially open at The Cosmopolitan of Las Vegas on November 9, 2026.
- The venue marks the first-ever expansion outside New York for the SoHo dining concept.
MGM Resorts Announces Blockbuster Roster of Culinary Icons and Beverage Visionaries at Bellagio Fountain Club for Formula 1 Heineken Las Vegas Grand Prix 2026
Recorded impact score: 3.5/5
MGM Resorts announces a blockbuster roster of culinary icons and beverage visionaries at Bellagio Fountain Club for Formula 1 Heineken Las Vegas Grand Prix 2026, including José Andrés, David Chang, Mario...
MGM RESORTS LEADS LAS VEGAS WITH FOUR MICHELIN STARS AS JOËL ROBUCHON AT MGM GRAND EARNS THE SOUTHWEST’S ONLY TWO-STAR DISTINCTION
Recorded impact score: 4/5
MGM Resorts earned four MICHELIN Stars across three restaurants at the inaugural MICHELIN Guide Southwest Ceremony, more than any other Las Vegas resort operator. Joël Robuchon at MGM Grand received the Southwest's only Two-Star award, while L'Atelier de Joël Robuchon and é by José Andrés each earned One Star. China Poblano, Gymkhana, and Michael Mina Bellagio also received recognition, bringing MGM's total to six honored restaurants. The guide returned to Las Vegas after 17 years.
- MGM Resorts earned four MICHELIN Stars across three restaurants at the inaugural MICHELIN Guide Southwest Ceremony, held in Las Vegas on August 26, 2026.
- Joël Robuchon at MGM Grand earned the Southwest region's only Two MICHELIN Star award.
Explore company relationships
Questions about MGM Resorts
What is MGM Resorts?
MGM Resorts is a publicly listed US operator of integrated casino resorts, hotels, entertainment, dining, retail and digital gaming interests.
Who uses MGM Resorts?
Its customers include leisure travellers, casino patrons, event attendees, convention groups, hospitality guests and regulated online betting customers.
How does MGM Resorts make money?
It earns revenue from casino gaming, hotel stays, resort services, dining, entertainment, retail, events and digital-gaming participation.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
12 publicly documented primary sources and citations linked across the market graph.
Continue your research on MGM Resorts
Open additional company details, personal Watchlists and your Strategic Intelligence Agent in Polaris7. It monitors your market daily and delivers tailored briefings with clear strategic context whenever relevant news occurs.
Daily intelligent monitoring · Verified primary sources.
Unlock full intelligence profile, ownership & live market signals