MGM Resorts International: Key Facts
- FY2025 revenue: $17.538B.
- FY2025 net income: $205.9M.
- Employees: approximately 78,000 employees as of December 31, 2025.
- Leadership: CEO William J. Hornbuckle.
- Status: public, NYSE: MGM.
- Headquarters: Las Vegas, Nevada, United States.
How MGM Resorts Makes Money
MGM Resorts makes money from casino gaming, hotel rooms, food and beverage, entertainment, retail, conventions, MGM China, and digital gaming through BetMGM.
Why MGM Resorts Matters
MGM's edge is its Las Vegas Strip footprint, premium resort brands, entertainment inventory, MGM Rewards data, convention scale, and exposure to Macau and regulated digital gaming.
Biggest Risk
The biggest risk is that travel cycles, labor costs, gaming regulation, Macau volatility, or digital betting losses pressure returns at the same time.