MGM Resorts International
Industry Group: Consumer Services
Country/Region: United States of America
Identifier: NYS:MGM
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Consumer Services 214 out of 473
Universe
Global Universe 6934 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Evolution AB |
22
Medium
|
181 out of 473 |
MGM Resorts International |
24.2
Medium
|
214 out of 473 |
Wynn Resorts Ltd. |
25
Medium
|
224 out of 473 |
Galaxy Entertainment Group Ltd. |
26.5
Medium
|
242 out of 473 |
Churchill Downs, Inc. |
27.5
Medium
|
271 out of 473 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
MGM Resorts International's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
MGM Resorts International's Management of ESG Material Risk is Average
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Top Material ESG Issues for MGM Resorts International
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Controversy Rating
Highest Controversy level that has impacted MGM Resorts International's ESG Risk Rating in the last three years
Highest Controversy Level