MGM Resorts International is a global hospitality and entertainment company operating destination resorts in Las Vegas, Mississippi, Maryland, New Jersey and Detroit, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The company recently opened MGM National Harbor in Maryland and is developing MGM Springfield in Massachusetts. The company holds a majority stake in MGM China Holdings Limited, which owns Macau MGM resort and casino and is developing a gambling resort in Cotai. MGM Resorts owns 50 percent CityCenter in Las Vegas, featuring ARIA Resort & amp; Casino. It has a majority of controlling interest in MGM Growth Properties, the belief in real estate investing.
The Company started operations in 1987 as MGM Grand, Inc. , and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, non-game revenue growth (lodging, food, retail) began to exceed gaming receipts and demand for high-rise condos soared, with average property prices in Las Vegas being twice the national average. The company shifted its focus from owning and operating resorts and casinos, to develop and build real estate in the recreation and games industry - launching a massive CityCenter mixed-use project, which at the time of construction of the world's largest construction site and ranked as one of the real estate projects most expensive in history. The construction of the City Center coincided with the global financial crisis, causing a decline in value in its assessment.
In June 2010, the company changed its name to reflect the latest strategy to expand worldwide, including licensing its brand and expertise to develop non-gaming hotels and residences.
Billionaire investor Kirk Kerkorian and Tracinda Corporation, until 2009, majority shareholder of MGM Mirage; Kerkorian is a former owner of the Metro-Goldwyn-Mayer film studio, from which MGM Grand gets its name. Following a one billion dollar stock offering by MGM Mirage amid the global credit crunch, Tracinda's shares were diluted from 53.8 percent to 39 percent. On June 15, 2010, shareholders chose MGM Mirage to change its name to "MGM Resorts International", which emphasized the global scope of the brand and improved non-game strategy.
In 2013, MGM won a state license to build a $ 1-billion resort in National Harbor, Maryland and a $ 950-million resort in downtown Springfield, Massachusetts. In May 2014, MGM pioneered the $ 375-million arena on the Las Vegas Strip with sports and entertainment company AEG. MGM Resorts is the majority owner of MGM Growth Properties, a trustworthy real estate investment that owns ten casino properties and leases it to MGM Resorts. It became a separate public company and traded in April 2016.
Among the company's management ranks, more than 38 percent are minorities and nearly 43 percent are women. The company continues to receive widespread recognition for diversity and inclusion initiatives, such as: 40 Best Companies for Diversity (Black Company Magazine), Top 10 Companies for Latin (DiversityInc Magazine), Best Places to Work for LGBT Equality (Human Rights Campaign Foundation) Top 10 Regional Companies (DiversityInc) Top 100 Companies for MBA Students (Global Universum) and Top Corporations for Women Business Enterprises (Women Business Entity National Agency). FORTUNE Magazine has named MGM Resorts as one of the World's Most Admired Companies.
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Histori
Latar belakang dan usaha awal (1969-1988)
The company's background could be traced back to 1969, when Kirk Kerkorian's aerial and casino tycoons bought a controlling stake in the Metro-Goldwyn-Mayer film studio. In 1970 and 1971, Kerkorian struggled with debts from the acquisition of MGM and Western Airlines, and was forced to sell most of its casino company, International Leisure, to Hilton Hotels at great discounts. When Las Vegas Hilton, the casino that it built, later became the most successful hotel in Las Vegas, Kerkorian was inspired to lead the studio into the gambling industry. It opened the MGM Grand Hotel and Casino (now Bally's Las Vegas) in 1973. MGM Grand Reno followed in 1978.
In 1979, these two casino hotels contributed most of MGM's revenues, and the company announced plans to split into two. The following year, the film studio was separated as a new company, while the original company, renamed MGM Grand Hotels Inc., retained two casino hotels. Kerkorian holds 47 percent of the shares in both companies.
In 1985, Kerkorian began looking for buyers for MGM Grand Hotels, to allow him to concentrate on running United Artists and developing new properties under the name of MGM Grand. Agreement reached for Bally Manufacturing to buy company; the deal was closed in April 1986, and the two casinos were renamed under the Bally brand. The sale provisions allow Kerkorian to retain the rights on behalf of MGM Grand, and plans are announced to offer to MGM Grand Hotels shareholders in a new company that will hold the naming rights.
The company now known as MGM Resorts International was formed in 1986 as Grand Name Co. as a subsidiary of Kerkorian's Tracinda Corporation. It renamed the following year as MGM Grand, Inc.
The company's first venture was MGM Grand Air, a luxury airline offering services between New York and Los Angeles, which was launched in September 1987. The company also made an offer to take over financially Pan American World Airways but was rejected by Pan Am on the moon November 1987 for being too conditional.
In August 1987, MGM Grand bid $ 152 million for a bankrupt Dunes Hotel in Las Vegas, but was defeated by Japanese billionaire Masao Nangaku. Instead, the company acquired the Desert Inn and Sands casino in February 1988 from Summa Corporation for $ 167 million. The Sands was soon sold to Sheldon Adelson's Interface Group for $ 110 million in April 1989.
The first casino development (1989-1999)
In September 1989, the company announced plans for a $ 700 million Hollywood-themed complex, including a 4,000-room hotel and a playground. The Desert Inn site was originally regarded as the location for the project, but within a few weeks the location was completed as Marina Hotel and Casino and Tropicana Country Club, purchased by MGM Grand for $ 93 million plus $ 30 million. The company placed the Desert Inn for sale to focus its efforts on a new project, but found no outside bidder, and agreed to sell it to Tracinda for $ 130 million. Construction at MGM Grand Las Vegas and the MGM Grand Adventures theme park began in October 1991, and the property opened in December 1993 at a final cost of $ 1 billion. The park was permanently closed in 2002 due to lack of interest.
The company moved its headquarters from Beverly Hills to Las Vegas in July 1992.
During the construction of MGM Grand, the company obtained an option to purchase an 18 acre site across the road from the project. Gary Primm of Primadonna Resorts approached MGM president Bob Maxey in 1994 with the idea for the site: a casino that created the New York skyline. A joint venture was established between the two companies, and construction began in March 1995. Completed at a cost of $ 460 million, the New York-New York Hotel and Casino opened in January 1997.
With New York-New York in development, MGM Grand expanded into several other markets. An exploration agreement to develop two casinos on Hainan Island, China was announced in August 1994, but did not produce anything. In Darwin, Australia, a lucrative market that attracts high rollers from Pacific countries, the company is considering building a hotel, but buying Diamond Beach Hotel and Casino, changing its name to MGM Grand Darwin. MGM announced plans for Atlantic City casinos in July 1996. In Michigan, where voters approved the casino in November 1996, MGM made plans to bid on one of three available game licenses, which would eventually be approved and opened in July 1999 as MGM Grand Detroit.
In South Africa, with newly approved casino gambling, MGM announced plans in August 1996 to develop 15 properties together with Tsogo Sun. The first, a temporary casino in Sundome, Johannesburg, opened in October 1998. Three more casinos followed before MGM agreed to sell its interest in property to Tsogo Sun in November 2001.
Since the initiation of New York-New York, analysts have speculated that MGM Grand or Primadonna will buy interest from others in the project. Instead of making a solid-money purchase, MGM agreed to buy Primadonna directly for $ 276 million in stock plus $ 336 million in assumed debt. The merger closed in March 1999, giving MGM three casino holdings and two golf courses in the Nevada-California state line, in addition to full New York-New York control.
Mirage Resorts merger (2000)
In February 2000, MGM Grand made an unsolicited offer of $ 17 per share to buy Mirage Resorts, which had run aground due to disappointing results at the new resort of Beau Rivage and Bellagio. Analysts predict a protracted battle, with Mirage founder Steve Wynn looking unwilling to give up control but under pressure from institutional investors. Mirage rejected the offer, but Wynn met Kerkorian the next day and gave the price $ 21 per share. The companies agreed on higher prices, totaling $ 4.4 billion plus $ 2 billion in assumed debt. The merger closed in May 2000, awarding MGM ownership of Mirage, Treasure Island, Bellagio, Boardwalk, and Golden Nugget casinos in Las Vegas, the Golden Nugget in Laughlin, and Beau Rivage in Mississippi, and half of Monte Carlo. The company changed its name to MGM Mirage in August 2000. Mirage also owns a half stake in Borgata, a casino planned in Atlantic City, in a joint venture run by Boyd Gaming. The work at Borgata continues, and it will open in July 2003.
Bad growth (2001-2004)
In 2001 and 2002, following the merger with Mirage, the company explored options for the next major development project, including opportunities in the Las Vegas, Atlantic City, Chicago and Macau markets. The Boardwalk 55-acre casino site on the Las Vegas Strip is dedicated to technologically advanced megaresorts targeting Generation X demographics. In Atlantic City, MGM shifts the focus of previously announced boardwalk sites to multibillion-dollar hotels and casinos on 55-acre channels adjacent to Borgata , where Wynn plans to build a Le Jardin casino. In the Chicago market, MGM agreed to pay $ 600 million to buy an unfinished Emerald Casino in Rosemont, Illinois, whose investors are accused of having links to organized crime. The deal was denied, however, by the state game regulator, and MGM later retired from its efforts, saying that the Illinois casino tax was too high. In Macau, where the 40-year monopoly granted by Stanley Ho's government of gambling is about to expire, MGM makes a bid for one of three available game concessions, but not selected, losing to Ho, Las Vegas Sands, and Wynn. Resorts.
MGM moved into the UK market after a 2001 government report called for relaxation of the country's gambling regulations. It opens an online casino, playmgmmirage.com, licensed on the Isle of Man, a UK dependency, and it is applied for licenses to run online sports betting sites in the UK. It acquired a twenty-five percent stake in a company that developed the Small Triangle Casino in Bristol, which then opened its doors in February 2004. It signed an agreement to build a casino at Olympia Exhibition Center in London, St James' Park in Newcastle, Meadowhall Shopping Center in Sheffield, National Exhibition Center in Birmingham, Sportcity in Manchester, Glasgow Harbor, King's Waterfront in Liverpool, and at the proposed stadium in Salford. The company also signed a $ 490 million deal to acquire Wembley plc, the owner of seven greyhound lines in the UK and four in the United States.
The British expansion plan is ultimately meaningless. MGM closed the online casino after less than two years, citing the uncertainty in American regulation and competition from established British brands. The Wembley acquisition turned into a bidding war, with MGM eventually losing to investor groups including Kerzner International. The Casino Triangle was sold to Stanley Leisure in 2006. Other company development plans were postponed because the government was down, and eventually abandoned, plans to allow a large "super-casino".
On December 20, 2003, MGM and Turnberry Associates announced the formation of a partnership to build a luxury condominium hotel, stating that they will build up to six towers, each up by 40 floors. On May 12, 2006, the first tower was opened for occupancy. The successful opening of The Signature at MGM Grand seems to be helped by its relationship with the resources and facilities of The MGM Grand Hotel & Casino.
In 2004, the company dumped several smaller properties, selling two Golden Nugget (Golden Nugget Las Vegas and Golden Nugget Laughlin) casinos to the $ 215 million Poster Financial Group and MGM Grand Darwin to Skycity Entertainment for $ 140 million.
Merger Mandalay (2004-2005)
MGM held quiet merger talks with the Mandalay Resort Group in early 2004. The potential acquisition, which will provide MGM control over half of the hotel rooms on the Las Vegas Strip, is seen as the "sound" for Las Vegas as the world's strongest gambling market. Mandalay's attractive assets for MGM include low-end casinos such as Excalibur and Circus Circus to expand MGM's "high roller" appeal; The Mandalay Bay Convention Center, which allows MGM to compete directly with the Sands Expo center in the convention market; and at least two major development sites on the Strip. The talks were published in June, when MGM announced a bid worth $ 7.65 billion. Mandalay declined the offer because of a clause that allowed MGM to step down if antitrust regulators demanded the sale of any property. Analysts speculate that other bidders like Harrah or Boyd might enter, but nobody did, and MGM and Mandalay immediately approved a $ 7.9 billion deal.
The MGM executive is confident that antitrust regulators will not require the sale of any of the properties of both companies. But Michigan law prohibits one company owns several casinos, which require the sale of MGM Grand Detroit or 54 percent of Mandalay shares at MotorCity Casino. After some trepidation about which property to sell, Mandalay accepted a $ 525-million offer for his interest in MotorCity from Marian Ilitch, the second largest shareholder of the casino. Meanwhile, in Illinois, where MGM requires regulatory approval to take over 50 percent of Mandalay's interest in the Grand Victoria Casino, the lack of a quorum in the State Players Council threatens to postpone the merger. MGM considers sales to another casino owner, the Pritzker family, but finally gets approval for a plan to put the property under the control of a trustee until the completion of the licensing process. The FTC approves the merger as expected, and MGM earns a $ 7 billion credit to finance it. Sales closed on 25 April 2005 for a total of $ 7.9 billion, including $ 3 billion in assumed debt.
The Mandalay acquisition made MGM Mirage the world's largest game company, but it was surpassed just two months later when Harrah's Entertainment acquired Caesars Entertainment in an agreement sparked by MGM-Mandalay merger news.
Further developments (2004-2006)
Despite MGM's early failure to win a gaming concession in Macau, the company remained interested in the growing game market. Rumors about a possible partnership with Stanley Ho were reported in 2003, but the Nevada gaming regulator informally vetoed the idea because of alleged triad involvement of organized crime in its casino. Another possibility arises when the government allows three matchmaking concessionaires to sell each sub-concession. In June 2004, MGM formed a joint venture with Pansy Ho, Stanley's daughter, to develop a casino-hotel under a sub-concession from Stanley. Despite initial concerns about whether Pansy Ho was subjected to his father's influence, the Gaming Commission of Nevada finally approved the partnership. The construction of the MGM Grand Macau began in June 2005. The property opened in December 2007, completing at a cost of $ 1.25 billion.
In 2004, MGM established its plan for the Boardwalk site on the Strip, announcing Project CityCenter, a $ 8 billion high-density project including hotels, condominiums, casinos and shopping centers. The Boardwalk closed in January 2006 to pave the way for redevelopment, and CityCenter development began in June next.
Singapore emerged in 2004 as Asia's next big new game market, calling for a proposal to build two "integrated resort" casinos at Marina Bay and Sentosa Island. MGM partnered with CapitaLand in an approximately $ 3 billion bid for the Marina Bay site. Their bid progresses to the final stage against three competitors, and is seen as a favorite to win. The government grants licenses, however, to Las Vegas Sands, citing its strength in the sectors of meetings and conventions.
On April 25, 2006, MGM Mirage announced with Foxwoods Resort and Casino a joint partnership in developing an expansion plan in Foxwoods that will include casinos using the MGM Grand brand. On October 16, 2006, MGM Mirage announced that it plans to sell its properties in Laughlin (Colorado Belle Hotel & Casino and Edgewater Hotel and Casino) to a partnership between Anthony Marnell III and Sher Gaming. The selling price is $ 200 million. The sale closed on June 1, 2007. On October 31, 2006, MGM Mirage announced plans to sell Primm Valley Resorts to Herbst Gaming for $ 400 million. The proposed sale does not include Primm Valley Golf Club. Sales closed on April 10, 2007.
The Nevada Landing Hotel and Casino closed a month earlier than planned on March 20, 2007. Dubai World investment (2007-2009) Dubai World investment (2007-2009)
On April 19, 2007 the company announced that it planned to buy a site of 7.6 acres (31,000 m 2 ) from Concord Wilshire Partners for $ 130 million and 25.8 acres (104,000 m 2 ) site from Gordon Gaming for $ 444 million. Both packages give the company full control over the southwest corner of the intersection of Sahara and Las Vegas Boulevard. When combined with an underutilized portion of the Circus Circus site, the company will have a 68,000 site (<2,000) for future development. The Concord site has been the proposed location for Maxim Casino .
On August 22, 2007, Dubai World said it would buy 9.5 percent stake in MGM for about $ 2.4 billion. It will also invest about $ 2.7 billion to acquire a 50 percent stake in the CityCenter MGM project. Dubai World will pay an additional MGM Mirage of $ 100 million if the project is opened on time and within budget. The investment company will buy 14.2 million shares from MGM Mirage. The company will also issue a public tender for an additional 14.2 million shares at the same price.
On October 29, 2008, MGM Mirage halted a $ 5 billion Atlantic City project on land next to Borgata.
At about the same time, the New Jersey gambling regulator is evaluating MGM Mirage's suitability for operating casinos in New Jersey, and is unsure that MGM Mirage's Macau partner, Pansy Ho, can operate independently of the influence of his father, Stanley Ho. The latter is often accused of having links to Chinese organized crime and letting gangs operate in VIP casino rooms. Faced with disregarding New Jersey game rules, MGM Mirage decided to release a very profitable Borgata to continue to pursue a more lucrative Chinese market. MGM Mirage then transferred 50% of its shares in the Borgata to a divestiture trust through which it received all the benefits of ownership. Trust is responsible for selling MGM interest within 30 months, although MGM has the right to direct the trustee during the first 18 months.
On December 16, 2008, MGM Mirage announced the sale of its Las Vegas Treasure Island resort and casino to billionaire Phil Ruffin. The sale was completed on March 20, 2009 for $ 600 million in cash plus a $ 175 million promissory note.
On March 23, 2009, Dubai World and Infinity World announced that they had filed a lawsuit in Delaware Chancery Court who wanted to be released from their CityCenter joint venture agreement with MGM Mirage after the company submitted its annual report stating that "there is substantial doubt about our ability to continue as sustainability, "and" it can not guarantee that its business will generate sufficient cash flow from operations. "
Starting on April 6, 2009, news reports emerged that MGM Mirage had hired Morgan Stanley's investment firm to assist the company in finding possible buyers for MGM Grand Detroit and Beau Rivage.
Last name and year changes (2010-present)
On June 15, 2010, the shareholders approved the change of name from MGM Mirage to "MGM Resorts International", to emphasize the global scope of the brand and improve non-game strategy.
In April 2011, an initial public offering was announced for MGM Macau property. Under the agreement, Pansy Ho will receive a 29 percent stake in the company, MGM China Holdings Ltd., which was created as a vehicle listing for an IPO. MGM Resorts will hold 51 percent and the public will receive 20 percent. MGM China raised $ 1.5 billion from an IPO on the Hong Kong Stock Exchange.
In January 2013, MGM China received government approval to build a second resort in Macau. The business will pay a land premium of MOP $ 1.29 billion (US $ 162 million) and an annual rental of MOP $ 2.15 million to develop a five star hotel and a casino resort in Macau's Cotai area. The casino resort, with 1,600 hotel rooms, 500 gambling tables, and 2,500 slots, will take 36 months and $ 2.5 billion to build.
In December 2013, Maryland granted the company a license to build MGM National Harbor, a $ 1-billion casino resort in National Harbor in Prince George's County, Maryland. Throughout 2013, MGM Resorts significantly refinanced corporate debt, and as of March 2014, the debt burden decreased to $ 13.4 billion.
By the end of 2013, Foxwoods and MGM ended their relationship, and the MGM Grand at Foxwoods renamed the Fox Tower.
In mid 2013, the Company also initiated the renovation and rebranding of THEhotel at Mandalay Bay to Delano Las Vegas. Delano opened in September 2014.
On May 1, 2014, the company made a breakthrough at the $ 375 million T-Mobile Arena located behind New-New York Hotel and Casino, in collaboration with AEG Live. Arena opened on April 6, 2016. Two days earlier on April 4th, MGM opened The Park, an outdoor dining and entertainment area serving the gateway to the arena.
In September 2014, MGM purchased naming rights for a new baseball stadium in Biloxi, resulting in MGM Park.
In November 2014, the Massachusetts Games Commission approved a license for MGM Springfield, a $ 800 million project.
MGM sells some properties by 2015. It sold Railroad Pass Casino to Joseph DeSimone, a broker and a local real estate developer. The Gold Strike sells for $ 12 million for Jett Gaming, owned by the Herbst family. The MGM property in Reno (Circus Circus Reno and 50 percent stake in Silver Legacy) is sold to Eldorado Resorts for $ 72.5 million.
The Las Vegas Festival Grounds were developed by MGM, Cirque du Soleil and Yucaipa Companies of Ron Burkle, primarily to serve as the venue for the biennial music festival Rock in Rio USA, which hosts its inaugural edition in 2015.
In April 2016, MGM held an initial public offering for MGM Growth Properties (MGP), a new real estate investment trust (REIT) with ten corporate casinos; the parent company will continue to operate the casino under the lease agreement. The offer generated $ 1.05 billion, leaving MGM Resorts with 76 percent REIT ownership.
In June 2016, MGM announced a joint venture with Sydell Group to renovate and rename Monte Carlo as MGM Park, named after the adjacent dining and entertainment area, The Park, which opened in April 2016, and NoMad Hotel will occupy the top floor. It will feature a new Eataly restaurant. Both hotels begin construction by the end of 2016 and will open in 2018.
In August 2016, MGM bought Boyd Gaming's interest in Borgata for $ 900 million, and then sold the property to MGP for $ 1.2 billion and rented it back for $ 100 million annually.
In 2017, MGM launched two online businesses under the PlayMGM brand: an online sportsbook in Nevada, and an online casino in New Jersey.
In May 2018, MGM agreed to buy Yonkers Raceway and Empire City Casino in New York from the Rooney family for $ 850 million. The company will soon sell the land and buildings to MGP for $ 625 million, and rent it back for $ 50 million per year.
Maps MGM Resorts International
MGM Hospitality
In 2007, MGM Hospitality was established to operate hotels, resorts and residences in major destinations worldwide using the Bellagio, MGM Grand and Skylofts brands.
In 2009, the company formed Diaoyutai MGM Hospitality, a joint venture with Diaoyutai State Guesthouse of China (the Chinese Foreign Ministry for VIP). This joint venture develops and operates 5 star hotels and resorts in China.
In 2014, MGM and Hakkasan Group announced the formation of a joint venture company called MGM Hakkasan Hospitality, which will develop non-gambling hotels around the world. The partnership was terminated a year later.
MGM Resorts International properties
For more information about MGM Resorts International, please visit our local language service office.
Las Vegas Strip
- Bellagio
- Circus Circus Las Vegas
- Bertualang
- Kasino Slots-A-Fun
- Aria Resort & amp; Kasino
- Mandarin Oriental
- Vdara
- Excalibur
- Luxor
- Mandalay Bay
- Delano Las Vegas
- Pusat Konvensi Mandalay Bay
- Pusat Acara Mandalay Bay
- MGM Grand Las Vegas
- MGM Grand Garden Arena
- Skylofts di MGM Grand
- Mansion di MGM Grand
- The Signature di MGM Grand (Turnberry Associates with 50% joint venture)
- The Mirage
- New York-New York
- Park MGM
- T-Mobile Arena (50% joint venture with AEG)
- Las Vegas Festival Grounds (US President Barack Obama's Circulation by Yuukipa)
Properti lain
- Beau Rivage - Biloxi, Mississippi
- Borgata - Kota Atlantik, New Jersey
- Klub Air
- Diaoyutai MGM Hospitality - China (Usa bersama Diani Diaoyutai State Guesthouse)
- Bellagio Shanghai - Shanghai
- Diaoyutai Boutique Hotel Chengdu - Chengdu
- Diaoyutai Hotel Hangzhou - Hangzhou
- MGM Grand Sanya - Sanya
- Resor Gold Strike Casino - Tunica Resorts, Mississippi
- Grand Victoria Casino Elgin - Elgin, Illinois (50% joint venture with Hyatt)
- MGM China - Makau, China (56% complete)
- MGM Cotai - Cotai
- MGM Macau - SÃÆ'Â ©
- MGM Grand Detroit - Detroit Michigan (98% of the population)
- Pelabuhan Nasional MGM - National Harbor, Maryland
- MGM Springfield - Springfield, Massachusetts
- 72 acre (29 ha) for the MGM Grand Atlantic City or the Belgian District
Lapangan golf
- Klub Negara Dragon Ridge - Las Vegas, Nevada
- Lapangan Golf Fallen Oak - Saucier, Mississippi
- Reflection Bay Golf Course - Las Vegas, Nevada
- Lapangan Golf Shadow Creek - Las Vegas, Nevada
- Topgolf Las Vegas - MGM Grand Las Vegas
Olahraga
- Las Vegas Aces - Tim WNBA by Las Vegas
Mantan properti
- Boardwalk Hotel and Casino - Las Vegas, Nevada
- Circus Circus, Reno, Nevada
- Colorado Belle, Laughlin, Nevada
- Desert Inn
- Edgewater, Laughlin, Nevada
- Gold Strike Hotel and Gambling Hall, Jean, Nevada
- Golden Nugget Las Vegas
- Golden Nugget Laughlin
- MGM Grand Adventures Theme Park
- MGM Grand Air
- MGM Grand Darwin - Darwin, Wilayah Utara, Australia
- MGM Grand di Foxwoods
- Nevada Landing Hotel and Casino - Jean, Nevada
- Primm Valley Resorts
- Railroad Pass, Henderson, Nevada
- Sands Hotel and Casino
- Silver Legacy, Reno, Nevada (50% of the population is Eldorado Resorts)
- Toko di Kristal
- Treasure Island Hotel and Casino - Las Vegas, Nevada
MGM Mirage Aviation
The MGM Resorts International Aviation fleet consists of five planes (as of August 2017): Gulfstream G550, two Embraer Legacy 500, and two Embraer Lineage 1000.
Staff and management
The Company's top executives include; James Murren, Chairman and Chief Executive Officer; Bill Hornbuckle, President and Chief Marketing Officer; Corey I. Sanders, Chief Operating Officer and John McManus, Executive Vice President and General Counsel.
Among the company's management ranks, more than 38 percent are minorities and nearly 43 percent are women.
Awards and acknowledgments
The Company continues to receive widespread recognition of diversity and inclusion initiatives, such as: 40 Best Companies for Diversity ( Black Company Magazine) in 2012, the Best Place to Work for LGBT Equality (Human Rights Campaign Foundation) in 2013, 10 The Top Regional Company (DiversityInc ) in 2014, the Top 10 Companies for Latin ( DiversityInc Magazine ), and the top 100 Companies for MBA Students (Universum Global) in 2014. Fortune has appointed MGM Resorts as one of the World's Most Admired Companies.
References
External links
- Official website
Source of the article : Wikipedia
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