Short answers, pulled from the story.
MGM Resorts International was formed in 1986 as Grand Name Co., a subsidiary of Kirk Kerkorian's Tracinda Corporation. It was renamed MGM Grand, Inc. in 1987, became MGM Mirage in 2000 after acquiring Mirage Resorts, and adopted its current name on the 15th of June 2010.
Billionaire investor Kirk Kerkorian founded the company. He was an airline and casino tycoon who bought a controlling stake in the Metro-Goldwyn-Mayer film studio in 1969 and later parlayed the MGM brand name into a casino empire after selling his original hotel-casinos to Bally Manufacturing in April 1986.
MGM Resorts International made $13.13 billion USD in revenue in 2022, making it the largest casino company in the world by revenue. Before the COVID-19 pandemic its workforce stood at 68,000 employees.
CityCenter was an $8-billion mixed-use complex built on the 55-acre former Boardwalk casino site on the Las Vegas Strip. At the time of its construction it was the world's largest construction site. The project's development coincided with the 2008 financial crisis, causing more than $1 billion in write-offs against its valuation.
In September 2023, the hacking group Scattered Spider disrupted MGM's hotel and casino operations for several days. MGM refused to pay a ransom and reported losses of $100 million, which it said would be covered by cyber insurance. The 2023 attack, along with a 2019 data breach affecting 10.6 million customers, were settled together in a class action for $45 million on the 18th of June 2025.
BetMGM is a sports betting and online gambling platform launched as a 50/50 joint venture between MGM Resorts and UK operator GVC Holdings, named Roar Digital in January 2019. It holds official partnerships with the NBA, NHL, and MLB, and was among nine operators awarded New York sports betting licenses in November 2021.