MGM Resorts International, a US-listed company: Details and Official Website

MGM Resorts International, also known as MGM Resorts (NYSE: MGM), founded in 1986, is a Las Vegas-based holding company that operates through its subsidiaries. Founded by Kirk Kerkorian, its current chairman is Paul Salem. MGM owns, develops, operates, and manages a portfolio of destination hotel brands, including MGM Grand, Bellagio, Mandalay Bay, and The Mirage.

MGM Resorts International is an American multinational hotel, sports, and entertainment company with resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou, and Sanya. These include the Bellagio, Mandalay Bay, MGM Grand, and Park MGM.

The company began operations in 1987 as MGM Grand Resort & Spa and became MGM Mirage after acquiring The Mirage Resort in 2000. In the early 2000s, the company's non-gaming revenue (accommodation, restaurants, and retail) began to outpace its gaming revenue, leading to a surge in demand for high-rise condominiums and a median home price in Las Vegas that was double the national average. The company shifted its focus from owning and operating resorts and casinos to developing and constructing leisure and gaming properties, launching the massive CityCenter mixed-use project, which at the time of its construction was the world's largest construction site and one of the most expensive real estate projects in history. CityCenter's development coincided with the 2008 financial crisis, resulting in a write-off of over $1 billion in its valuation.

Company Name: MGM Resorts.

Official Domain: mgmresorts.com.

Domain Created: June 13, 2003.

Country: United States.

Headquarters: Las Vegas, USA.

Founded: 1986.

Founder: Kirk Kerkorian.