Introduction
Are you curious about how many casinos MGM Resorts International owns? Look no further, as we delve into the world of MGM’s global casino portfolio. Whether you’re a casino enthusiast interested in learning more about one of the world’s largest entertainment companies or a business-minded individual wanting to stay up-to-date with industry leaders, this article aims to provide a comprehensive guide to MGM Resorts International’s casinos around the world.
A Comprehensive Guide to MGM Resorts International
MGM Resorts International isn’t just a casino company- it’s a full-scale entertainment and hospitality brand. With a presence in several countries, MGM Resorts International prides itself on creating memorable experiences for guests and customers through their diverse portfolio of resorts, hotels, and casinos. Below is a list of all their casinos worldwide, categorized by region:
North America
MGM Grand Las Vegas
Bellagio Las Vegas
Aria Resort & Casino Las Vegas
Excalibur Las Vegas
Mandalay Bay Las Vegas
The Mirage Las Vegas
Delano Las Vegas
Monte Carlo Las Vegas
New York-New York Las Vegas
Luxor Las Vegas
Gold Strike Tunica
Beau Rivage Biloxi
MGM Grand Detroit
MGM National Harbor
Borgata Atlantic City
Asia
MGM Macau
MGM Cotai
Europe
Grand Victoria Elgin, IL
Other Locations
MGM Springfield, MA (USA)
Each property within MGM’s portfolio boasts unique features, from luxurious accommodations to award-winning restaurants, world-class spas, entertainment, and gaming floors.
Revealed: How Many Casinos is MGM Resorts International Actually Managing Worldwide?
It’s important to distinguish between ownership and management when it comes to the number of casinos MGM Resorts International manages worldwide. While they own several properties outright, they also manage properties through joint ventures with other companies. As of 2021, MGM Resorts International owns and manages a total of 29 properties worldwide.
Ownership percentages in joint venture properties vary, with MGM Resorts International having a 50% stake in MGM Grand Detroit and a 56% stake in MGM China Holdings Limited, which operates MGM Macau and MGM Cotai in China.
The Ultimate Guide to MGM’s Growing Casino Empire
MGM Resorts International has been on a heightened growth trajectory in recent years, expanding their reach in the global gaming industry. Their acquisition of Empire City Casino in Yonkers, NY in 2019, marked their entry into the New York market. In 2020, they launched BetMGM Sportsbook in several states, solidifying their position in the online gaming market.
MGM Resorts International has also been pursuing strategic partnerships, including a joint venture with GVC Holdings (now Entain plc) to create Roar Digital, the company behind BetMGM. In July 2021, MGM Resorts International acquired the remaining 50% of CityCenter in Las Vegas, bringing their full ownership of the property to 100%.
Currently, MGM Resorts International is set to develop a $10 billion integrated resort called Osaka IR in Japan, which will further expand their global reach in the gaming industry.
MGM Resorts, a Look into the Past and Present of Their Global Casino Portfolio
MGM Resorts International has come a long way since its formation in the late 1980s under the leadership of gaming industry legend, Kirk Kerkorian. The company started with the purchase of the MGM Grand in Las Vegas, and from there, they steadily expanded, acquiring properties both in the U.S. and abroad.
Over the years, MGM Resorts International has experienced growth, acquisitions, divestitures, and rebranding efforts. The Mandalay Bay Resort and Casino, for example, was previously known as the Hacienda Resort, which they acquired and redeveloped in the late 90s.
Today, MGM Resorts International’s portfolio continues to evolve, meeting the demands of the ever-changing entertainment landscape.
MGM Resorts International: The Biggest Casino Operator in the World?
In terms of the number of properties, MGM Resorts International isn’t the biggest casino operator in the world. However, with their global presence and diverse entertainment and hospitality portfolio, they are a major player in the industry.
When it comes to revenue, MGM Resorts International is consistently one of the top earners in the industry, with reported net revenues of $5.15 billion in 2020, despite being significantly impacted by the pandemic. The company has an approximately 14% market share in the U.S. gaming industry.
Exploring MGM’s Casino Holdings: A Complete List of All Their Properties
In case you missed it, below is a comprehensive list of all casinos that MGM Resorts International owns and manages:
MGM Grand Las Vegas
Bellagio Las Vegas
Aria Resort & Casino Las Vegas
Excalibur Las Vegas
Mandalay Bay Las Vegas
The Mirage Las Vegas
Delano Las Vegas
Monte Carlo Las Vegas
New York-New York Las Vegas
Luxor Las Vegas
Gold Strike Tunica
Beau Rivage Biloxi
MGM Grand Detroit
MGM National Harbor
Borgata Atlantic City
MGM Macau
MGM Cotai
Grand Victoria Elgin, IL
MGM Springfield, MA (USA)
How MGM Resorts Became the Giant it is, and How Many Casinos Does it Own?
MGM Resorts International’s incredible growth can be credited to several factors, including its strong leadership, strategic investments, and acquisitions. The company’s focus on diversifying their portfolio and expanding into new markets has aided their growth over the years.
As of 2021, MGM Resorts International owns and manages 29 casinos worldwide through joint ventures and outright ownership. With several upcoming projects in the works and a solid position in the industry, MGM Resorts International is set to continue its impact on the global gaming and entertainment landscape.
Conclusion
From Las Vegas to China to the East Coast of the U.S., MGM Resorts International’s casinos span the globe, offering world-class entertainment, dining, and gaming experiences. Their diverse portfolio and strategic growth have cemented their place as a leader in the industry. Whether you’ve visited one of their properties or aspire to, MGM Resorts International’s impact on the gaming and entertainment industry is undeniable.