MGM RESORTS INTERNATIONAL (MGM)
Consumer Discretionary ยท Hotels & Motels
MGM RESORTS INTERNATIONAL (MGM) is listed on the New York Stock Exchange, where its shares have traded since November 12, 1997. SentiSense covers MGM RESORTS INTERNATIONAL in the Consumer Discretionary sector, and its Standard Industrial Classification is Hotels & Motels. William J. Hornbuckle is its chief executive officer. The company reports 62,000 employees, and its corporate website is www.mgmresorts.com.
About MGM RESORTS INTERNATIONAL
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
Latest reported results
MGM Resorts International reported revenue of $4.21 billion for Q3 FY2026, down 0.9% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 649 institutions reported holding MGM, with 169.1 million shares worth $8.1 billion in aggregate. The largest reported holders were Davis Selected Advisers, Vanguard and BlackRock.
More on MGM
- MGM sentiment: whether news and social coverage of MGM RESORTS INTERNATIONAL leans bullish or bearish, and the stories driving it.
- MGM ownership: all 649 reporting institutions, plus insider and congressional trades.
- MGM financials: revenue, net income, operating margin and free cash flow through Q3 FY2026.
Frequently asked questions
What does MGM RESORTS INTERNATIONAL do?
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 guest rooms and suites, representing about one fourth of all units in the market.
What sector is MGM in?
SentiSense classifies MGM RESORTS INTERNATIONAL in the Consumer Discretionary sector, and its Standard Industrial Classification is Hotels & Motels.
Where does MGM stock trade?
MGM RESORTS INTERNATIONAL (MGM) is listed on the New York Stock Exchange, where its shares have traded since November 12, 1997.