02 March 2021

Corporate Fact Sheet

MGM Resorts International Company History


MGM MIRAGE was formed when MGM Grand, Inc. acquired Mirage Resorts, Inc. on May 31, 2000, in what was, at that time, the largest transaction of its kind in the gaming industry, valued at $6.4 billion.  MGM MIRAGE acquired Mandalay Resort Group in March 2005 for $7.9 billion and retained the MGM MIRAGE name until 2010, when the Company was renamed MGM Resorts International.

Prior to the Mirage Resorts acquisition, MGM Grand, Inc. owned and operated the MGM Grand Hotel and Casino in Las Vegas, Nevada.  The hotel commenced operations December 18, 1993 and was billed as the largest hotel and casino in the world.  The Company also owned New York-New York Hotel and Casino in Las Vegas; Whiskey Pete’s, Buffalo Bill’s and the Primm Valley Resort in Primm, Nevada; MGM Grand Detroit Casino; MGM Grand Australia in Darwin, Australia; and also managed casinos in Nelspruit, Witbank and Johannesburg, Republic of South Africa.  The Company sold its South African interests in 2002, its Darwin resort in 2004, and its Primm Resorts in 2007.

Through predecessor companies, MGM Grand developed and built some of the largest and most elaborate hotels and casinos of their time dating back to the late 1960s. Those resorts included the International Hotel (sold to Hilton in 1971 and now known as the Las Vegas Hilton) and the original MGM Grand in Las Vegas, and the MGM Grand in Reno (both sold to Bally’s in 1986).

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The Brands of MGM Resorts International

MGM Resorts International leads the industry with an unmatched family of assets and brand identities. These brands offer our guests an unrivaled range of experiences in accommodations, restaurants, shows, shopping, gaming, services and attractions.  The following provides a snapshot of the Company’s leading resort brands.

New Parking Facility - FACT SHEET

New Parking Facility
LOCATION:      Northwest corner of Excalibur Campus, near Frank Sinatra Drive & Tropicana Avenue
SIZE:                Nine levels
CAPACITY:       3,000+ stalls
SCHEDULE:      Construction Start – Second quarter 2016
Expected Completion – Second quarter 2017
  • Parking guidance systems that will lead guests to available spaces
  • Mobile technology allowing visitors to check space availability prior to arrival
  • Upgraded lighting, LED signage, paint and striping
  • Elevator and escalator upgrades and enhancements
To provide additional parking near confluence of high-demand entertainment venues, including T-Mobile Arena, MGM Grand Garden, Mandalay Bay Events Center, as well as hotels, restaurants, and shows at other nearby resorts – Excalibur, Luxor, Mandalay Bay, MGM Grand, NYNY, Monte Carlo.