MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company’s customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
Expansion Ambitions | Analyst price targets range from $34 to $57, as MGM balances $2.7 billion in capital expenditures for global projects against concerns of increased leverage |
BetMGM's Ascent | Learn about BetMGM's market share growth in iGaming, reaching 23% in February 2025, and its potential impact on MGM's digital gaming success |
Macau's Momentum | Delve into MGM's improving Macau operations, offsetting domestic pressures and contributing positively to the company's diversified portfolio |
Vegas Volatility | Explore MGM's strategies to navigate declining volumes and room revenue in Las Vegas, focusing on attracting high-spending customers and increasing non-gaming prices |

Metrics to compare | MGM | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipMGMPeersSector | |
|---|---|---|---|---|
P/E Ratio | 46.6x | 29.0x | 10.8x | |
PEG Ratio | −0.65 | −0.14 | 0.02 | |
Price / Book | 4.0x | 1.3x | 1.4x | |
Price / LTM Sales | 0.6x | 1.5x | 0.9x | |
Upside (Analyst Target) | 15.7% | 31.0% | 28.7% | |
Fair Value Upside | Unlock | 12.6% | 10.8% | Unlock |