MGM Resorts International Common Stock (MGM)
Frequently Asked Questions About MGM Resorts International Common Stock (MGM)
Does MGM Resorts have a loyalty program?
Yes, MGM Resorts International operates a loyalty program called MGM Rewards. This program allows members to earn points through gaming and non-gaming activities, redeem rewards for complimentary stays, dining, entertainment, and other perks at MGM properties.
How can investors find information about MGM Resorts stock?
Investors can find information about MGM Resorts International stock by visiting financial news websites, consulting stock market analysis platforms, and checking the investor relations section of MGM's official website. Key details include stock price, historical performance, and the company's financial reports.
How does MGM Resorts engage with local communities?
MGM Resorts International engages with local communities through various initiatives. The company supports local economies through job creation, and it also contributes to community development projects, charitable giving, and partnerships that foster economic opportunity and social wellness.
How does MGM Resorts handle customer feedback?
MGM Resorts International actively seeks and values customer feedback as part of its commitment to service excellence. The company uses various channels, such as surveys and social media, to gather insights and implements improvements based on guest experiences to enhance overall satisfaction.
How does MGM Resorts International promote diversity and inclusion?
MGM Resorts International actively promotes diversity and inclusion within its workforce and corporate culture. The company implements programs aimed at fostering an inclusive environment, supporting various community initiatives, and ensuring equal opportunities for employees from diverse backgrounds.
How does MGM Resorts rank in the gaming industry?
MGM Resorts International is recognized as one of the largest and most successful gaming and hospitality companies in the world. It competes with other major players in the industry and has established a significant market presence, particularly in Las Vegas and Macau.
Is MGM Resorts publicly traded?
Yes, MGM Resorts International is publicly traded on the New York Stock Exchange under the ticker symbol 'MGM.' The company's stock performance reflects its operational success and market conditions in the hospitality and gaming sectors.
What are MGM Resorts' policies regarding responsible gaming?
MGM Resorts International is dedicated to promoting responsible gaming. The company provides resources for players, including self-exclusion programs, information about responsible gaming practices, and training for employees to recognize and assist guests who may experience gaming-related issues.
What are MGM Resorts' primary revenue sources?
MGM Resorts' primary sources of revenue come from gaming operations, hotel accommodations, food and beverage sales, entertainment and attractions, and convention and meeting services. The diverse offerings allow the company to attract a wide range of customers and generate varied income streams.
What are some of the key properties owned by MGM Resorts?
MGM Resorts International owns several iconic properties, including the Bellagio, MGM Grand, The Mirage, and Mandalay Bay in Las Vegas. Additionally, the company has properties in other regions, including the MGM National Harbor in Maryland and the MGM Cotai in Macau.
What are the financial performance indicators for MGM Resorts?
MGM Resorts International's financial performance indicators include metrics like revenue growth, operating income, occupancy rates, and earnings before interest, taxes, depreciation, and amortization (EBITDA). These indicators are crucial for assessing the company's financial health and operational effectiveness.
What are the recent developments or changes within MGM Resorts?
Recent developments at MGM Resorts International include advancements in digital gaming options, enhancements to existing property amenities, and initiatives to increase customer safety and satisfaction, particularly in relation to ongoing health and safety concerns post-pandemic.
What does MGM Resorts International do?
MGM Resorts International is a global hospitality and entertainment company that operates a portfolio of destination resorts, hotels, and casinos. The company provides a range of services including gaming, hotel accommodations, entertainment, dining, retail, and convention and meeting space, focusing on creating memorable experiences for its guests.
What is MGM Resorts' approach to sustainability?
MGM Resorts International is committed to sustainability and corporate social responsibility. The company employs practices aimed at reducing environmental impact, such as energy efficiency initiatives, water conservation efforts, and waste reduction programs, all designed to promote sustainable tourism and hospitality.
What is MGM’s strategy for future growth?
MGM Resorts International's strategy for future growth involves expanding its global footprint, enhancing customer experience through technology and innovation, optimizing its asset portfolio, and exploring new revenue opportunities in markets both in the United States and internationally.
What is the history of MGM Resorts International?
MGM Resorts International was founded in 1986 as MGM Grand Inc. and has since grown through acquisitions, including Mirage Resorts and Mandalay Resort Group. The company has evolved into a leading global entertainment and hospitality provider, known for its innovative attractions and luxurious accommodations.
What types of entertainment does MGM Resorts offer?
MGM Resorts International offers a wide range of entertainment options, including concerts, theater productions, live shows, and sporting events. The company frequently hosts major artists and events, contributing to its reputation as a premier entertainment destination.
Where is MGM Resorts International headquartered?
MGM Resorts International is headquartered in Las Vegas, Nevada. The strategic location positions the company within one of the premier entertainment and gaming cities in the world, which is central to its operations and brand identity.
Who is the CEO of MGM Resorts International?
As of October 2023, the CEO of MGM Resorts International is Bill Hornbuckle. He took over the leadership role in 2020, previously serving as the president, and has been instrumental in guiding the company's strategic direction and recovering from pandemic-related challenges.
What is the current price of MGM Resorts International Common Stock?
The current price of MGM Resorts International Common Stock is 30.75
When was MGM Resorts International Common Stock last traded?
The last trade of MGM Resorts International Common Stock was at 4:10 pm EDT on April 2nd, 2025
What is the market capitalization of MGM Resorts International Common Stock?
The market capitalization of MGM Resorts International Common Stock is 14.82B
How many shares of MGM Resorts International Common Stock are outstanding?
MGM Resorts International Common Stock has 481.88M shares outstanding.