July 28, 2014 3:28 AM ET

Hotels, Restaurants and Leisure

Company Overview of MGM Grand Hotel, LLC

Company Overview

MGM Grand Hotel, LLC, doing business as MGM Grand Hotel and Casino, operates as a casino resort in Las Vegas. Its amenities comprise a hotel, a casino, restaurants, a spa and health club, a salon, a pool complex, nightclubs, a poker room, meeting facilities, and a wedding chapel. The company was founded in 1993 and is based in Las Vegas, Nevada. MGM Grand Hotel, LLC operates as a subsidiary of MGM Resorts International.

3799 Las Vegas Boulevard South

Las Vegas, NV 89109

United States

Founded in 1993

Phone:

702-891-7777

Fax:

702-891-3036

Key Executives for MGM Grand Hotel, LLC

MGM Grand Hotel, LLC does not have any Key Executives recorded.

MGM Grand Hotel, LLC Key Developments

MGM Grand Hotel, LLC Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014

MGM Grand Hotel, LLC reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net revenue of $261.7 million compared to $258.9 million reported in the same period last year. Adjusted EBITDA was $62.2 million against $62 million reported last year.

MGM Grand Las Vegas Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013

MGM Grand Las Vegas reported unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported net revenue of $255,426,000 compared to $230,396,000 a year ago period. Adjusted property EBITDA was $49,635,000 compared to $29,032,000 a year ago period. Operating income was $29,400,000 compared to $8,072,000 a year ago period. For the six months, the company reported net revenue of $514,316,000 compared to $462,876,000 a year ago period. Adjusted property EBITDA was $111,640,000 compared to $66,357,000 a year ago period. Operating income was $70,372,000 compared to $26,421,000 a year ago period.

MGM Grand Hotel, LLC Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012

MGM Grand Hotel, LLC reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net revenue of $239,713,000 compared to $243,037,000 a year ago period. Adjusted property EBITDA was $48,378,000 compared to $42,221,000 a year ago period. Operating income was $24,375,000 compared to $22,945,000 a year ago period. For the nine months, the company reported net revenue of $702,589,000 compared to $707,618,000 a year ago period. Adjusted property EBITDA was $114,735,000 compared to $114,646,000 a year ago period. Operating income was $50,796,000 compared to $56,837,000 a year ago period.

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