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MGM Grand Detroit

Full company profile

uuid000m34a

Namestring
MGM Grand Detroit
Legal namestring
MGM Resorts International
Company typeenum
Private
Founded yearint
1999
Descriptiontext

MGM Grand Detroit is a privately-held integrated luxury resort, hotel, and casino operating in downtown Detroit, Michigan, at 1777 3rd Avenue. Founded in 1999 and wholly owned by publicly-traded MGM Resorts International (NYSE: MGM), the property functions as one operating unit within a multi-property gaming and hospitality portfolio that spans Las Vegas, regional U.S. markets, and international destinations in Macau and China. The business combines a full-scale casino floor (poker, table games, slot machines) with a luxury hotel (rooms, suites, dog-friendly accommodations), a sports-betting facility (BetMGM Sports Lounge linked to the BetMGM mobile sportsbook), a portfolio of branded restaurants (D.PRIME Steakhouse, TAP, Detroit Central Market, The Roasted Bean), entertainment venues (AXIS Lounge), meeting and event space, the Immerse Spa, a pool and fitness center, and retail.

The underlying technology stack is the MGM Resorts International integrated resort platform, which unifies property management, reservations, mobile check-in/check-out, the MGM Rewards loyalty program, and BetMGM sportsbook integration across the parent company's portfolio. The MGM Rewards program is the central customer-data and distribution engine, with tiered status, milestone rewards, and cross-brand partnerships with Marriott Bonvoy, Royal Caribbean/Celebrity Cruises, Southwest Airlines, and co-branded credit cards. BetMGM functions as both a physical amenity (Sports Lounge) and a digital channel (mobile app), connecting on-premise play to online wagering.

MGM Grand Detroit's revenue is generated through a diversified set of transactional streams: casino gaming (table games, slots, poker), sports betting via BetMGM, hotel room nights, food and beverage across multiple price points and 24-hour service, entertainment and nightlife, meetings and event bookings, and spa services. Distribution is primarily direct-to-consumer through the MGM Resorts website, on-property reservations, the BetMGM app, and a dedicated corporate sales team for group business. Customer segments include leisure travelers, corporate and social event planners, casino patrons, and Detroit-area local patrons. Pricing is quote-based for events and not publicly disclosed for rooms, with best-rate guarantees extended to MGM Rewards members.

Short descriptiontext

MGM Grand Detroit is a privately-held integrated luxury resort, hotel, and casino in downtown Detroit, owned by MGM Resorts International (NYSE: MGM). It serves leisure travelers, gaming patrons, corporate event planners, and local patrons with hotel rooms, a casino floor, BetMGM sports betting, dining, spa, and meetings facilities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersDetroit, United States
HQ citystring
Detroit
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
casino gaming operations, luxury resort accommodations, sports betting services, hospitality dining venues, meeting and event spaces
Industry3 codes
1Integrated Casino Resorts
CodeTHAGAJAAPrimaryYes
2Integrated Casino Resorts (Casino + Hotel/Entertainment)
CodeMPAEAAAAPrimaryNo
3Luxury Casino Resorts
CodeTHAGACAJPrimaryNo
NAICS code2 codes
  • Casino Hotels721120
  • Casino Hotels72112
SIC code2 codes
  • Hotels, Rooming Houses, Camps & Other Lodging Places7000
  • Services-Amusement & Recreation Services7900
Product category
Casino & Resort Hospitality
Revenue model7 records
1Gaming and Casino Operations
TypeTransaction Fee
Description

Casino gaming including poker, table games, and slot machines, along with sports betting through BetMGM sportsbook and sports lounge

mgmgranddetroit.mgmresorts.com
2Hotel Accommodations
TypeSubscription Recurring
Description

Luxury hotel rooms and suites including dog-friendly rooms, with booking through direct website and MGM Rewards member benefits

mgmgranddetroit.mgmresorts.com
3Food and Beverage
TypeTransaction Fee
Description

Multiple dining venues including D.PRIME Steakhouse, TAP, Detroit Central Market, and The Roasted Bean, with offerings across various price ranges and meal times including 24-hour service

mgmgranddetroit.mgmresorts.com
4Entertainment and Nightlife
TypeTransaction Fee
Description

Shows, attractions, AXIS Lounge, and nightlife experiences

mgmgranddetroit.mgmresorts.com
5Meetings and Events
TypeProfessional Services
Description

Meeting space, weddings, and banquet events for groups and private functions

mgmgranddetroit.mgmresorts.com
6Spa and Salon Services
TypeTransaction Fee
Description

Immerse Spa and salon services including seasonal availability

mgmgranddetroit.mgmresorts.com
7MGM Rewards Loyalty Program
TypeSubscription Recurring
Description

Loyalty program with tiered benefits, partner integrations with Marriott Bonvoy, Royal Caribbean, Southwest Airlines, and credit cards

mgmgranddetroit.mgmresorts.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 8 records shown
1BetMGM Sports Lounge
Description

Sports betting facility at MGM Grand Detroit

mgmgranddetroit.mgmresorts.com
+7 more records
Core offering1 text field

MGM Grand Detroit operates an integrated luxury resort in downtown Detroit combining a casino floor (poker, table games, slot machines), BetMGM sports betting via an on-property sports lounge and online sportsbook, hotel rooms and suites (including dog-friendly rooms), multiple dining venues, the Immerse Spa, entertainment and nightlife venues, and meeting and event facilities for corporate and social functions. The property participates in the cross-property MGM Rewards loyalty program with Marriott Bonvoy, Royal Caribbean, and Southwest Airlines partnerships.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

MGM Grand Detroit is an award-winning luxury resort hotel operating as part of the MGM Resorts International portfolio. The property offers a unified hospitality platform combining gaming (casino floor with poker, table games, and slots; BetMGM sports betting via lounge and online sportsbook), accommodations (rooms, suites, and dog-friendly options), dining (multiple venues including D.PRIME Steakhouse, TAP, Detroit Central Market, and The Roasted Bean), entertainment (AXIS Lounge, shows and attractions), wellness (Immerse Spa, pool, and fitness center), nightlife, meetings and events, shopping, and the MGM Rewards loyalty program. The portfolio includes both core offerings (hotel, casino, MGM Rewards) and branded sub-experiences (BetMGM sports products, restaurant concepts, spa, and lounge venues).

Product and service12 records
1Hotel Rooms & Suites
CategoryHotel Accommodations
Description

Luxury hotel accommodations at MGM Grand Detroit including rooms, suites, and dog-friendly rooms, offering award-winning hospitality services with mobile check-in/check-out and MGM Rewards benefits.

2Casino Gaming
CategoryCasino Gaming
Description

Casino floor offering poker, table games, and slot machines at MGM Grand Detroit, supported by the GameSense responsible gaming program.

3BetMGM Sports Lounge
CategorySports Betting
Description

On-property sports betting lounge at MGM Grand Detroit offering sports wagering services integrated with the BetMGM platform and mobile app.

4BetMGM Sportsbook
CategorySports Betting
Description

Online sportsbook integration enabling sports betting through the BetMGM platform and mobile app for MGM Grand Detroit patrons.

5D.PRIME Steakhouse
CategoryFood and Beverage
Description

Detroit's modern steakhouse and lounge at MGM Grand Detroit offering upscale dining experiences.

6TAP
CategoryFood and Beverage
Description

American cuisine restaurant at MGM Grand Detroit.

7Detroit Central Market
CategoryFood and Beverage
Description

Market-style dining venue at MGM Grand Detroit offering fresh food options.

8The Roasted Bean
CategoryFood and Beverage
Description

Coffee and quick-service venue at MGM Grand Detroit serving beverages and light fare.

9AXIS Lounge
CategoryEntertainment and Nightlife
Description

Entertainment venue at MGM Grand Detroit offering live performances and nightlife experiences.

10Immerse Spa
CategorySpa and Wellness
Description

Full-service spa and salon at MGM Grand Detroit offering wellness and relaxation treatments with seasonal availability.

11Meetings & Events
CategoryMeetings and Events
Description

Conference and event hosting services at MGM Grand Detroit including meeting space, weddings, banquet events, and group/private dining.

12MGM Rewards
CategoryLoyalty Program
Description

Loyalty rewards program spanning MGM Resorts properties including MGM Grand Detroit, with tier status, milestone rewards, exclusive offers, and partner integrations with Marriott Bonvoy, Royal Caribbean International & Celebrity Cruises, and Southwest Airlines.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or Integration
Description

BetMGM sportsbook and sports lounge at MGM Grand Detroit provides sports betting services with online and mobile app access; integrated with MGM Rewards program for eligible benefits

Strategic tierCoreTypeGTM or Marketing Partner
Description

MGM Rewards preferred partner allowing members to earn and redeem points across both MGM Resorts and Marriott Bonvoy properties, extending loyalty benefits to travelers

Strategic tierMinorTypeGTM or Marketing Partner
Description

MGM Rewards preferred partner for cruise travel integration, allowing members to earn and redeem points for cruise vacations

Strategic tierMinorTypeGTM or Marketing Partner
Description

MGM Rewards preferred partner for airline travel integration, allowing members to earn Rapid Rewards points and MGM Rewards points through linked spending

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Responsible gaming program partnership providing resources and support for responsible gambling practices at the casino

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Direct Detroit-market competitor operating an integrated casino hotel in downtown Detroit with gaming, hotel, dining, and entertainment — the closest 1:1 comparable to MGM Grand Detroit within the same three-license Detroit market.

TypeDirect peer
Description

Third Detroit commercial casino license holder, operated by Penn Entertainment. Same downtown Detroit trade area as MGM Grand Detroit, with comparable gaming, hotel, and F&B offerings — directly competing for the same local patrons.

TypeRegional player
Description

Caesars-operated integrated casino hotel across the Detroit River in Windsor, Ontario. Competes with MGM Grand Detroit for cross-border gaming and leisure spend from the Michigan/Ontario corridor.

TypeDirect peer
Description

Sister MGM Resorts property in Maryland, also an integrated luxury casino hotel. Shares MGM Rewards, BetMGM integration, and the corporate playbook used at MGM Grand Detroit — useful portfolio comparable for performance benchmarking.

TypeDirect peer
Description

MGM Resorts' flagship East Coast integrated casino resort in Atlantic City. Comparable in operating model (luxury hotel + casino + dining + spa + meetings) and shares MGM Rewards, BetMGM, and parent-company economics with MGM Grand Detroit.

TypeBroad incumbent
Description

Wynn Resorts does not currently operate in Detroit, but as a luxury integrated casino resort operator (Wynn Las Vegas, Encore), it represents the aspirational luxury standard MGM Grand Detroit benchmarks against for high-end guests.

TypeBroad incumbent
Description

Diversified regional casino operator with multiple integrated casino resorts across the U.S. Provides a portfolio-level comparable for evaluating how a single integrated resort like MGM Grand Detroit performs within a multi-asset operator.

TypeBroad incumbent
Description

Owns Hollywood Casino at Greektown (Detroit) and operates a large portfolio of regional integrated casinos. Highly comparable as the operator competing head-to-head with MGM Grand Detroit in Detroit.

TypeBroad incumbent
Description

Largest U.S. regional casino operator with Caesars Rewards loyalty program analogous to MGM Rewards. Competes with MGM Grand Detroit both directly (via Caesars Windsor) and as the dominant multi-property integrated-resort competitor.

TypeBroad incumbent
Description

MGM Resorts' flagship Las Vegas Strip integrated mega-resort. Provides the brand and operating template (gaming, hotel, dining, entertainment, MGM Rewards, BetMGM) that MGM Grand Detroit mirrors at a regional scale.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

MGM Grand Detroit

Casino & Resort Hospitalitymgmgranddetroit.com

MGM Grand Detroit is a privately-held integrated luxury resort, hotel, and casino in downtown Detroit, owned by MGM Resorts International (NYSE: MGM). It serves leisure travelers, gaming patrons, corporate event planners, and local patrons with hotel rooms, a casino floor, BetMGM sports betting, dining, spa, and meetings facilities.

What MGM Grand Detroit does

MGM Grand Detroit is a privately-held integrated luxury resort, hotel, and casino operating in downtown Detroit, Michigan, at 1777 3rd Avenue. Founded in 1999 and wholly owned by publicly-traded MGM Resorts International (NYSE: MGM), the property functions as one operating unit within a multi-property gaming and hospitality portfolio that spans Las Vegas, regional U.S. markets, and international destinations in Macau and China. The business combines a full-scale casino floor (poker, table games, slot machines) with a luxury hotel (rooms, suites, dog-friendly accommodations), a sports-betting facility (BetMGM Sports Lounge linked to the BetMGM mobile sportsbook), a portfolio of branded restaurants (D.PRIME Steakhouse, TAP, Detroit Central Market, The Roasted Bean), entertainment venues (AXIS Lounge), meeting and event space, the Immerse Spa, a pool and fitness center, and retail.

The underlying technology stack is the MGM Resorts International integrated resort platform, which unifies property management, reservations, mobile check-in/check-out, the MGM Rewards loyalty program, and BetMGM sportsbook integration across the parent company's portfolio. The MGM Rewards program is the central customer-data and distribution engine, with tiered status, milestone rewards, and cross-brand partnerships with Marriott Bonvoy, Royal Caribbean/Celebrity Cruises, Southwest Airlines, and co-branded credit cards. BetMGM functions as both a physical amenity (Sports Lounge) and a digital channel (mobile app), connecting on-premise play to online wagering.

MGM Grand Detroit's revenue is generated through a diversified set of transactional streams: casino gaming (table games, slots, poker), sports betting via BetMGM, hotel room nights, food and beverage across multiple price points and 24-hour service, entertainment and nightlife, meetings and event bookings, and spa services. Distribution is primarily direct-to-consumer through the MGM Resorts website, on-property reservations, the BetMGM app, and a dedicated corporate sales team for group business. Customer segments include leisure travelers, corporate and social event planners, casino patrons, and Detroit-area local patrons. Pricing is quote-based for events and not publicly disclosed for rooms, with best-rate guarantees extended to MGM Rewards members.

MGM Grand Detroit firmographics

Firmographics
Name
MGM Grand Detroit
Legal name
MGM Resorts International
Website
https://mgmgranddetroit.com
Company type
Private
Founded year
1999
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
MGM Grand Detroit is a privately-held integrated luxury resort, hotel, and casino in downtown Detroit, owned by MGM Resorts International (NYSE: MGM). It serves leisure travelers, gaming patrons, corporate event planners, and local patrons with hotel rooms, a casino floor, BetMGM sports betting, dining, spa, and meetings facilities.
Ownership category
akta.pro rank

MGM Grand Detroit industry classification

Industry
Product category
Casino & Resort Hospitality
NAICS
Casino Hotels (721120), Casino Hotels (72112)
SIC
Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Services-Amusement & Recreation Services (7900)
akta.pro primary industry
Integrated Casino Resorts (THAGAJAA)
akta.pro secondary industries
Integrated Casino Resorts (Casino + Hotel/Entertainment) (MPAEAAAA), Luxury Casino Resorts (THAGACAJ)

Keywords

  • Casino gaming operations
  • Luxury resort accommodations
  • Sports betting services
  • Hospitality dining venues
  • Meeting and event spaces

Where MGM Grand Detroit is headquartered

Location

Headquarters

HQ city
Detroit
HQ country
United States
HQ region
North America

Offices1 record

Markets served

MGM Grand Detroit business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

  1. Gaming and Casino Operations: Casino gaming including poker, table games, and slot machines, along with sports betting through BetMGM sportsbook and sports lounge
  2. Hotel Accommodations: Luxury hotel rooms and suites including dog-friendly rooms, with booking through direct website and MGM Rewards member benefits
  3. Food and Beverage: Multiple dining venues including D.PRIME Steakhouse, TAP, Detroit Central Market, and The Roasted Bean, with offerings across various price ranges and meal times including 24-hour service
  4. Entertainment and Nightlife: Shows, attractions, AXIS Lounge, and nightlife experiences
  5. Meetings and Events: Meeting space, weddings, and banquet events for groups and private functions
  6. Spa and Salon Services: Immerse Spa and salon services including seasonal availability
  7. MGM Rewards Loyalty Program: Loyalty program with tiered benefits, partner integrations with Marriott Bonvoy, Royal Caribbean, Southwest Airlines, and credit cards

Distribution channels4 records

Marketing channels5 records

MGM Grand Detroit product offering

Product offering

Core offering

MGM Grand Detroit operates an integrated luxury resort in downtown Detroit combining a casino floor (poker, table games, slot machines), BetMGM sports betting via an on-property sports lounge and online sportsbook, hotel rooms and suites (including dog-friendly rooms), multiple dining venues, the Immerse Spa, entertainment and nightlife venues, and meeting and event facilities for corporate and social functions. The property participates in the cross-property MGM Rewards loyalty program with Marriott Bonvoy, Royal Caribbean, and Southwest Airlines partnerships.

Product overview

MGM Grand Detroit is an award-winning luxury resort hotel operating as part of the MGM Resorts International portfolio. The property offers a unified hospitality platform combining gaming (casino floor with poker, table games, and slots; BetMGM sports betting via lounge and online sportsbook), accommodations (rooms, suites, and dog-friendly options), dining (multiple venues including D.PRIME Steakhouse, TAP, Detroit Central Market, and The Roasted Bean), entertainment (AXIS Lounge, shows and attractions), wellness (Immerse Spa, pool, and fitness center), nightlife, meetings and events, shopping, and the MGM Rewards loyalty program. The portfolio includes both core offerings (hotel, casino, MGM Rewards) and branded sub-experiences (BetMGM sports products, restaurant concepts, spa, and lounge venues).

Differentiator

Problem solved

Functional benefit

Brands

  • BetMGM Sports Lounge: Sports betting facility at MGM Grand Detroit
  • D.PRIME Steakhouse
  • TAP
  • Detroit Central Market
  • The Roasted Bean
  • AXIS Lounge
  • Immerse Spa
  • MGM Rewards

Products and services

  • Hotel Rooms & Suites Luxury hotel accommodations at MGM Grand Detroit including rooms, suites, and dog-friendly rooms, offering award-winning hospitality services with mobile check-in/check-out and MGM Rewards benefits.
  • Casino Gaming Casino floor offering poker, table games, and slot machines at MGM Grand Detroit, supported by the GameSense responsible gaming program.
  • BetMGM Sports Lounge On-property sports betting lounge at MGM Grand Detroit offering sports wagering services integrated with the BetMGM platform and mobile app.
  • BetMGM Sportsbook Online sportsbook integration enabling sports betting through the BetMGM platform and mobile app for MGM Grand Detroit patrons.
  • D.PRIME Steakhouse Detroit's modern steakhouse and lounge at MGM Grand Detroit offering upscale dining experiences.
  • TAP American cuisine restaurant at MGM Grand Detroit.
  • Detroit Central Market Market-style dining venue at MGM Grand Detroit offering fresh food options.
  • The Roasted Bean Coffee and quick-service venue at MGM Grand Detroit serving beverages and light fare.
  • AXIS Lounge Entertainment venue at MGM Grand Detroit offering live performances and nightlife experiences.
  • Immerse Spa Full-service spa and salon at MGM Grand Detroit offering wellness and relaxation treatments with seasonal availability.
  • Meetings & Events Conference and event hosting services at MGM Grand Detroit including meeting space, weddings, banquet events, and group/private dining.
  • MGM Rewards Loyalty rewards program spanning MGM Resorts properties including MGM Grand Detroit, with tier status, milestone rewards, exclusive offers, and partner integrations with Marriott Bonvoy, Royal Caribbean International & Celebrity Cruises, and Southwest Airlines.

Companies that use MGM Grand Detroit

Customer profile

Segments4 records

Ideal customer profiles4 records

MGM Grand Detroit technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

MGM Grand Detroit partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • BetMGMcoreTechnology or IntegrationBetMGM sportsbook and sports lounge at MGM Grand Detroit provides sports betting services with online and mobile app access; integrated with MGM Rewards program for eligible benefits
  • Marriott BonvoycoreGTM or Marketing PartnerMGM Rewards preferred partner allowing members to earn and redeem points across both MGM Resorts and Marriott Bonvoy properties, extending loyalty benefits to travelers
  • Royal Caribbean International & Celebrity CruisesminorGTM or Marketing PartnerMGM Rewards preferred partner for cruise travel integration, allowing members to earn and redeem points for cruise vacations
  • Southwest AirlinesminorGTM or Marketing PartnerMGM Rewards preferred partner for airline travel integration, allowing members to earn Rapid Rewards points and MGM Rewards points through linked spending
  • GameSenseminorStrategic or Co-development PartnerResponsible gaming program partnership providing resources and support for responsible gambling practices at the casino

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

MGM Grand Detroit competitors and assessment

Company assessment

Direct peers

  • MotorCity Casino Hotel: Direct Detroit-market competitor operating an integrated casino hotel in downtown Detroit with gaming, hotel, dining, and entertainment — the closest 1:1 comparable to MGM Grand Detroit within the same three-license Detroit market.
  • Hollywood Casino at Greektown: Third Detroit commercial casino license holder, operated by Penn Entertainment. Same downtown Detroit trade area as MGM Grand Detroit, with comparable gaming, hotel, and F&B offerings — directly competing for the same local patrons.
  • MGM National Harbor: Sister MGM Resorts property in Maryland, also an integrated luxury casino hotel. Shares MGM Rewards, BetMGM integration, and the corporate playbook used at MGM Grand Detroit — useful portfolio comparable for performance benchmarking.
  • Borgata Hotel Casino & Spa: MGM Resorts' flagship East Coast integrated casino resort in Atlantic City. Comparable in operating model (luxury hotel + casino + dining + spa + meetings) and shares MGM Rewards, BetMGM, and parent-company economics with MGM Grand Detroit.

Regional players

  • Caesars Windsor: Caesars-operated integrated casino hotel across the Detroit River in Windsor, Ontario. Competes with MGM Grand Detroit for cross-border gaming and leisure spend from the Michigan/Ontario corridor.

Broad incumbents

  • Wynn Detroit (or nearby luxury peer): Wynn Resorts does not currently operate in Detroit, but as a luxury integrated casino resort operator (Wynn Las Vegas, Encore), it represents the aspirational luxury standard MGM Grand Detroit benchmarks against for high-end guests.
  • Boyd Gaming: Diversified regional casino operator with multiple integrated casino resorts across the U.S. Provides a portfolio-level comparable for evaluating how a single integrated resort like MGM Grand Detroit performs within a multi-asset operator.
  • Penn Entertainment: Owns Hollywood Casino at Greektown (Detroit) and operates a large portfolio of regional integrated casinos. Highly comparable as the operator competing head-to-head with MGM Grand Detroit in Detroit.
  • Caesars Entertainment: Largest U.S. regional casino operator with Caesars Rewards loyalty program analogous to MGM Rewards. Competes with MGM Grand Detroit both directly (via Caesars Windsor) and as the dominant multi-property integrated-resort competitor.
  • MGM Grand Las Vegas: MGM Resorts' flagship Las Vegas Strip integrated mega-resort. Provides the brand and operating template (gaming, hotel, dining, entertainment, MGM Rewards, BetMGM) that MGM Grand Detroit mirrors at a regional scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

MGM Grand Detroit social profiles

Digital presence

MGM Grand Detroit financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MGM Grand Detroit leadership team

Management profile

Number of profiles

MGM Grand Detroit funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

MGM Grand Detroit M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about MGM Grand Detroit

What does MGM Grand Detroit do?

MGM Grand Detroit operates an integrated luxury resort in downtown Detroit combining a casino floor (poker, table games, slot machines), BetMGM sports betting via an on-property sports lounge and online sportsbook, hotel rooms and suites (including dog-friendly rooms), multiple dining venues, the Immerse Spa, entertainment and nightlife venues, and meeting and event facilities for corporate and social functions. The property participates in the cross-property MGM Rewards loyalty program with Marriott Bonvoy, Royal Caribbean, and Southwest Airlines partnerships.

Is MGM Grand Detroit a public or private company?

MGM Grand Detroit is a private company. It is classified as corporate owned and is currently operating.

When was MGM Grand Detroit founded?

MGM Grand Detroit was founded in 1999. It employs 1,001 to 5,000 people.

Where is MGM Grand Detroit based?

MGM Grand Detroit is headquartered in Detroit, United States, in the North America region.

How does MGM Grand Detroit make money?

Seven revenue lines are on record. Gaming and Casino Operations are the primary driver. The others are hotel Accommodations, food and Beverage, entertainment and Nightlife, meetings and Events, spa and Salon Services and MGM Rewards Loyalty Program.

Who are MGM Grand Detroit's main competitors?

Direct peers on record are MotorCity Casino Hotel, Hollywood Casino at Greektown, MGM National Harbor and Borgata Hotel Casino & Spa. Caesars Windsor is listed as a regional player. Broad incumbents are Wynn Detroit (or nearby luxury peer), Boyd Gaming, Penn Entertainment, Caesars Entertainment and MGM Grand Las Vegas.

Does MGM Grand Detroit have an API?

No public API is recorded for MGM Grand Detroit.

What industry is MGM Grand Detroit in?

MGM Grand Detroit's product category is Casino & Resort Hospitality. Its primary akta.pro industry code is THAGAJAA, Integrated Casino Resorts, with a secondary code of MPAEAAAA, Integrated Casino Resorts (Casino + Hotel/Entertainment). Its NAICS code is 721120 and its SIC code is 7000.

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YogonetDetroit's three casinos cleared for another year of operationThe Michigan Gaming Control Board unanimously renewed the operating licenses of Detroit's three commercial casinos—MGM Grand Detroit, MotorCity Casino, and Hollywood Casino—allowing them to continue funding city and state programs through 2027. The casinos remit 19% of adjusted gross receipts in wagering taxes, with 8.1% to the state and 10.9% to Detroit, plus a separate 8.4% tax on retail sports betting receipts.CDC Gaming ReportsMichigan: MGM Grand Detroit appoints Ryan Bufalini vice president of marketing – CDC GamingMGM Grand Detroit appointed Ryan Bufalini as vice president of marketing on Thursday. Bufalini, with over 25 years of gaming and hospitality experience, will oversee marketing, communications, advertising, and casino marketing functions. He previously served as VP of marketing for Hollywood Casino at Greektown.PR NewswireMichigan's Online Sportsbooks Tick Up in August While Online Casinos Reach New Heights, According to PlayMichiganMichigan's online sportsbooks handled $192.3 million in bets in August 2021, a 2.3% increase from July, pushing the state's cumulative online and retail wagering past $2 billion for the year. Sportsbook gross gaming revenue fell 18.8% to $15.9 million, but online casinos and poker rooms set a record at $97.2 million in gross gaming revenue, generating $24.8 million in combined state and local taxes. DraftKings led the sportsbook market with $61.4 million in wagers while BetMGM/MGM Grand Detroit topped the online casino market with $39.7 million in revenue.PR NewswireMGM Resorts International Statement On Temporary Closure Of MGM Grand DetroitMGM Resorts International announced it will comply with the Michigan Gaming Control Board's order and temporarily suspend all gaming, hotel, restaurant, and bar operations at MGM Grand Detroit by 5:00 pm EST on March 16, 2020. The closure is expected to last two weeks and is being implemented as part of the company's response to an unprecedented public health crisis. MGM Resorts stated it will work to mitigate impacts on employees and the community while preparing to reopen when it is safe to do so.PR NewswireMichigan Sports Bettors Can Finally Place Their Bets, But Work Remains Before Market MaturesMichigan bettors can now place legal sports wagers at two Detroit-area sportsbooks, Greektown Casino and MGM Grand Detroit, with MotorCity Casino expected to follow shortly, marking the state's first legal sports betting opportunity. The launch comes less than three months after HB 496 was signed into law and coincides with the NCAA Men's Basketball Tournament. Once the market matures with the addition of online sports betting, PlayMichigan projects Michigan will generate $7 billion to $8 billion in annual sports bets and produce $500 million in annual gross operator revenue.DBusiness MagazineDBusiness MagazineDetroit's three casinos — MotorCity, Greektown and MGM Grand — use membership card systems to track and reward high-rollers with perks such as valet, private dining, hotel suites, concert tickets and gifts including cars, jewelry and TVs. MotorCity's COO Rhonda Cohen said elite players, a small database share, generate a disproportionate revenue share, while Greektown's Matt Walton noted loyalty is not absolute in a competitive market.GlobeNewswireMGM Grand Detroit to Open October 2, 2007; Destination Marks Unprecedented Investment in Redevelopment of Downtown DetroitMGM Grand Detroit will open on October 2, 2007, with a $800 million hotel and entertainment destination. MGM MIRAGE will have invested over $1 billion into the community, creating 1,000 jobs. The venue features 400 guest rooms, three celebrity chef restaurants, and 30,000 square feet of meeting space.GlobeNewswireLuxury Meeting and Convention Space at MGM Grand Detroit Now Available for Booking; Destination to Open This FallMGM Grand Detroit is accepting bookings for its 30,000-square-foot meeting and convention space, set to open this fall. The space includes a 14,000-square-foot Grand Ballroom and rooms for up to 1,200 guests, with Gregory Leinweber and Gina Barnett leading sales and events services.GlobeNewswireMGM Grand Detroit Now Accepting Reservations for Fall 2007MGM Grand Detroit is accepting reservations for November 1, 2007 and later, adding 400 luxury rooms and suites to Detroit. Nightly rates start at $299 for a king room, with penthouse suites ranging from $900 to $3,000. The venue will open this fall as the city's first urban gaming destination.GlobeNewswireMGM Grand Detroit Introduces Three Signature Restaurants by Celebrity Chefs Wolfgang Puck and Michael MinaMGM Grand Detroit announced three signature restaurants by Wolfgang Puck and Michael Mina, scheduled to open in the fourth quarter of 2007. The restaurants include Wolfgang Puck Grille, Bourbon Steak, and Saltwater, with Puck's venue also serving as the resort's 24-hour in-room dining program.