MGM Grand Hotel

What MGM Grand Hotel does

MGM Grand Hotel & Casino is a 3,969-room integrated resort operated by MGM Resorts International (NYSE: MGM) on the Las Vegas Strip at 3799 S Las Vegas Blvd. The property combines hotel accommodations, a full-scale casino floor with table games, slots, poker, and the integrated BetMGM sportsbook, alongside entertainment venues including the Grand Garden Arena, KÀ by Cirque du Soleil theater, Jabbawockeez residency, and Brad Garrett's Comedy Club. Dining spans celebrity-chef restaurants (Tom Colicchio's Craftsteak, Morimoto Las Vegas, Luchini) and casual outlets, while nightlife includes Hakkasan Nightclub, the newly opened Palm Tree Beach Club (a 60,000 sq ft venue launched in May 2025 with Tao Group), Whiskey Down, Level Up, and Chez Bippy. The property also operates the Grand Pool Complex, a spa and salon, Shadow Creek and Topgolf golf experiences, and meetings and events facilities.

Revenue is generated across eight primary streams: casino gaming, hotel accommodations, entertainment and ticketing, food and beverage, nightlife, retail, meetings and events, and the MGM Rewards loyalty program. Distribution is primarily direct-to-consumer via the property website, on-site sales, and the MGM Rewards program, supplemented by OTAs, ticketing platforms (Ticketmaster, AXS), and the BetMGM app. Pricing is dynamic across rooms, suites, and SKYLOFTS, with MGM Rewards members eligible for up to 35% off and promotional bundles such as 20% off plus a $100 F&B credit. Customer segments span leisure travelers, casino gamers and sports bettors, entertainment seekers, business travelers and event planners, and dining/nightlife enthusiasts.

The property was substantially refreshed via a $300 million renovation completed in November 2025 and continues to anchor a forward event calendar that includes the planned Floyd Mayweather Jr. vs. Manny Pacquiao II rematch with Netflix streaming rights and the Visit Las Vegas 'Pack for Vegas' summer 2026 fireworks campaign. MGM Rewards extends cross-earning and redemption with Marriott Bonvoy, Royal Caribbean International & Celebrity Cruises, and Southwest Airlines, embedding the property within a broader travel and entertainment ecosystem.

Name

MGM Grand Hotel

Legal name

MGM Grand Hotel & Casino

Website

https://mgmgrand.com

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

MGM Grand Hotel & Casino is a 3,969-room Las Vegas Strip resort operated by MGM Resorts International, offering casino gaming, hotel accommodations, the BetMGM sportsbook, world-class entertainment, dining, nightlife, and meetings facilities to leisure travelers, gamers, and event planners.

Ownership category

akta.pro rank

Product category

Casino Resort Hospitality

NAICS

Casino Hotels (721120), Casino Hotels (72112)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011), Services-Amusement & Recreation Services (7900), Services-Miscellaneous Amusement & Recreation (7990), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Integrated Casino Resorts (THAGAJAA)

akta.pro secondary industries

Integrated Casino Resorts (Casino + Hotel/Entertainment) (MPAEAAAA), Urban Casino Hotels (THAGAJAB)

Keywords

• Casino resort hospitality
• Hotel accommodations
• Live entertainment venues
• Sports betting services
• Fine dining restaurants

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Casino Gaming: Traditional casino operations including table games, slot machines, poker rooms, and sports betting through BetMGM sportsbook. Revenue generated from house edge on wagers, with high-margin table game operations complementing slot machine revenue.
2. Hotel Accommodations: Room and suite rentals across 3,969+ guest rooms following the $300 million renovation. Revenue from nightly room rates with dynamic pricing based on demand, seasonality, and events.
3. Entertainment & Ticketing: Revenue from live entertainment including shows like KÀ by Cirque du Soleil, Jabbawockeez, Brad Garrett's Comedy Club, and Grand Garden Arena events. Includes ticket sales and premium seating packages.
4. Food & Beverage: Restaurant and bar operations including signature restaurants like Tom Colicchio's Craftsteak, Morimoto, and Luchini. Also includes 24-hour dining, poolside service, and nightlife venues.
5. Nightlife & Entertainment Venues: Revenue from nightlife venues including Hakkasan Nightclub, Whiskey Down, Level Up, and Palm Tree Beach Club (partnered with Tao Group). Cover charges, bottle service, and event revenue.
6. Retail & Shopping: On-property retail shopping at Shop MGM Grand, featuring various retail outlets and stores within the resort.
7. Meetings & Events: Conference facilities, wedding venues, and event spaces available for group bookings, corporate events, and private celebrations.
8. MGM Rewards: Loyalty program that drives customer retention and increased spending across all revenue streams, with credit card partnerships and co-branded offers generating additional revenue.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

MGM Grand Hotel & Casino is a Las Vegas Strip resort operating 3,969 hotel rooms and suites, a full-service casino with table games, slots, poker, and BetMGM sportsbook, live entertainment venues (Grand Garden Arena, KÀ by Cirque du Soleil, Jabbawockeez, Brad Garrett's Comedy Club), signature restaurants, nightlife venues, a spa, pool complex, golf, and meetings/event spaces. Revenue is generated across gaming, lodging, food and beverage, entertainment ticketing, nightlife, retail, and group events.

Product overview

MGM Grand Hotel & Casino is a comprehensive Las Vegas resort offering a unified platform of hospitality and entertainment services. The property provides hotel accommodations (3,969 renovated rooms and suites), casino gaming with BetMGM sportsbook integration, world-class entertainment venues (Grand Garden Arena, KÀ by Cirque du Soleil, Jabbawockeez, Brad Garrett's Comedy Club), diverse dining options (Tom Colicchio's Craftsteak, Morimoto Las Vegas, Luchini), nightlife venues (Palm Tree Beach Club, Hakkasan Nightclub, Whiskey Down, Level Up, Chez Bippy), spa and wellness services, golf facilities (Shadow Creek, Topgolf), and meetings/events spaces. The MGM Rewards loyalty program connects across all MGM Resorts properties and partners. Recent major launches include the $300 million room renovation (November 2025), Palm Tree Beach Club opening (May 2025), and David Copperfield's final show (April 2026).

Differentiator

Problem solved

Functional benefit

Brands

• Grand Pool Complex: Resort pool complex with water amenities
• MGM Rewards
• Skylofts
• Palm Tree Beach Club
• BetMGM

Products and services

• Hotel Rooms & Suites Hotel accommodations including standard rooms, suites, SKYLOFTS luxury units, and dog-friendly rooms; recently renovated at a cost of $300 million. Targets leisure travelers, business travelers, and event attendees.
• Casino & Gaming Full-service casino offering table games, slot machines, poker rooms, and the BetMGM sportsbook. Targets casino patrons, high-roller VIP players, casual gamblers, and sports bettors.
• BetMGM Sportsbook

Quantifiable outcome

• $300 million investment in property renovation demonstrates commitment to maintaining competitive position

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Fireworks by GruccicoreStrategic or Co-development Partner · 6 June 2026Fireworks by Grucci is partnered with Visit Las Vegas and Las Vegas Events to design and produce eight consecutive Saturdays of synchronized eight-minute fireworks displays launched from rooftops of major Strip and downtown resort venues, including MGM Grand, celebrating America's 250th birthday throughout summer 2026.
• Visit Las VegascoreStrategic or Co-development Partner · 6 June 2026Visit Las Vegas partnered with Fireworks by Grucci and Las Vegas Events to organize the 'Pack for Vegas' summer campaign featuring fireworks shows at MGM Grand and other major Strip venues, representing the largest summer fireworks show in the nation.
• Las Vegas EventscoreStrategic or Co-development Partner · 6 June 2026Las Vegas Events collaborated with Visit Las Vegas and Fireworks by Grucci to produce synchronized fireworks shows launched from MGM Grand rooftops as part of America's 250th birthday celebration and 'Pack for Vegas' summer campaign.
• NetflixcoreStrategic or Co-development Partner · 30 April 2026Netflix secured global streaming rights for the Floyd Mayweather Jr. vs Manny Pacquiao II mega rematch being planned for MGM Grand Garden Arena. The venue selection and streaming partnership represent a major entertainment event combining live boxing with global digital distribution.
• Las Vegas Children's HospitalminorOthers · 10 April 2026Bruno Mars pledged to donate $1 million to Las Vegas Children's Hospital, with MGM Grand matching the contribution as part of the city honors ceremony celebrating Bruno Mars as 'New King of Las Vegas'.
• BetMGMcoreStrategic or Co-development Partner · 20 September 2025MGM Grand operates the BetMGM sportsbook, leveraging the BetMGM platform for on-property sports betting and digital app access. This partnership positions MGM Grand among major casino operators like Caesars Palace transforming floors into sports viewing destinations with sportsbook partnerships.
• Professional Sports Leagues and TeamsminorStrategic or Co-development Partner · 20 September 2025MGM Grand and parent company MGM Resorts have secured partnerships with sports leagues such as the NFL and professional teams to attract sports fans, transforming casino floors into sports viewing destinations as US commercial gaming revenues reached record $71.92 billion in 2024.
• Tao GroupcoreStrategic or Co-development Partner · 16 January 2025Kygo launched Palm Tree Beach Club at MGM Grand in partnership with Tao Group in May 2025. The 60,000 square foot tropical-themed venue is designed for immersive music and entertainment, featuring Kygo performances and Tao Group's nightlife expertise.
• Marriott BonvoycoreGTM or Marketing Partner · 1 January 2024MGM Rewards has a preferred partnership with Marriott Bonvoy, allowing members to earn and redeem points across both loyalty programs, extending MGM Grand's reach to Marriott's global hotel loyalty network.
• Royal Caribbean International & Celebrity CruisesminorGTM or Marketing Partner · 1 January 2024MGM Rewards preferred partnership allows cross-earning and redemption with Royal Caribbean International and Celebrity Cruises, enabling MGM Rewards members to earn points on cruise vacations and cruise passengers to earn MGM Rewards points at Las Vegas resorts.
• Southwest AirlinesminorGTM or Marketing Partner · 1 January 2024MGM Rewards preferred partnership with Southwest Airlines allows members to earn and redeem points across both programs, facilitating travel to Las Vegas and enhancing the value proposition of the loyalty program.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• The Cosmopolitan of Las Vegas: Strip casino resort with comparable luxury rooms, casino gaming, upscale dining, and nightlife, competing for the same premium leisure and millennial/Gen-X traveler segments.
• Wynn Las Vegas: Luxury integrated casino resort on the Strip with comparable high-end rooms, casino, fine dining, and entertainment. Direct competitor at the premium end of leisure and gaming demand.
• Caesars Palace: Iconic Las Vegas Strip casino hotel and primary non-MGM competitor, with comparable rooms, casino floor, Caesars Rewards loyalty, and arena/event programming.
• Resorts World Las Vegas: Newer large-scale integrated casino resort on the Strip with comparable hotel rooms, casino gaming, F&B, and entertainment anchors. Direct competitor, particularly for refreshed-product demand.
• The Venetian Resort Las Vegas: Large-scale integrated casino resort on the Strip with comparable luxury suites, casino, dining, and convention facilities. Direct competitor for leisure, group, and convention demand.
• Aria Resort & Casino: MGM Resorts-operated Strip casino hotel offering comparable luxury rooms, casino gaming, dining, and entertainment. Direct competitor for premium leisure and convention demand.
• Encore at Wynn Las Vegas: Sister property to Wynn Las Vegas with comparable luxury suites, casino, and premium F&B. Direct competitor for high-end leisure and VIP gaming demand.
• Paris Las Vegas Hotel & Casino: Caesars-operated Strip casino hotel with comparable mid-to-upscale rooms, casino, dining, and entertainment under the Caesars Rewards loyalty umbrella. Direct competitor for leisure and group demand.
• Mandalay Bay Resort and Casino: MGM Resorts-operated Strip property with comparable large-scale rooms, casino, dining, and entertainment (including arena/Michelob Ultra events). Sister property competing for similar leisure and event demand.
• Bellagio Hotel & Casino: Sister MGM Resorts flagship on the Las Vegas Strip with comparable scale, luxury casino hotel positioning, F&B, and entertainment. Most directly comparable peer given shared parent and operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/mgmgrand
• Facebookfacebook.com/MGMGrand
• LinkedInlinkedin.com/company/mgm-grand

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MGM Grand Hotel