October 01, 2014 3:03 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 Las Vegas Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

MGM Grand Las Vegas reports unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, net revenues were $271.675 million against $255.426 million a year ago. Operating income was $34.429 million against $29.400 million a year ago. Adjusted EBITDA was $54.371 million against $49.635 million a year ago. For the six months, net revenues were $533.339 million against $514.316 million a year ago. Operating loss was $75.361 million against $70.372 million a year ago. Adjusted EBITDA was $116.604 million against $111.640 million a year ago.

MGM Grand Hotel, LLC Reports Unaudited Financial Results for the Second Quarter and Half Year Ended June 30, 2014

MGM Grand Hotel, LLC reported unaudited financial results for the second quarter and half year ended June 30, 2014. For the quarter, net revenues were $271,675,000 against $255,426,000 a year ago. Adjusted EBITDA was $54,371,000 against $49,635,000 a year ago. For the half year, net revenues were $533,339,000 against $514,316,000 a year ago. Adjusted EBITDA was $116,604,000 against $111,640,000 a year ago.

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.

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