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MGM Resorts International is a Paradise, Nevada based gaming, hospitality and entertainment company. It generated about $9.8 billion in 2013.〔 It owns and operates 15 properties in Nevada, Mississippi, and Michigan, and has 50% investments in four other properties in Nevada, Illinois and Macau, China.〔(MGM MIRAGE Shareholders Approve Name Change to MGM Resorts ) Bloomberg〕 The company began operations in 1987 as MGM Grand, Inc., and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gaming (lodging, food, retail) revenue began to outpace gaming receipts and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its business model from fully owning and operating resorts and casinos, to being more real estate focused—launching the massive CityCenter mixed-use project. However, the latter's development coincided with vast overbuilding on the Strip and a global financial crisis, causing large losses and writedowns in valuation.〔(MGM Mirage to Take More Than $1 Billion in Write-Downs ) Wall Street Journal〕 In June 2010, the company changed to its present name, to reflect its latest strategy of expanding worldwide, including licensing its brand and expertise to develop non-gaming hotels and residences.〔(MGM Mirage changes name, now MGM Resorts Int'l )〕〔 Billionaire investor Kirk Kerkorian and his Tracinda Corporation were, until 2009, the majority shareholders of MGM Mirage; Kerkorian was the former owner of the Metro-Goldwyn-Mayer movie studio, from which MGM Grand derived its name. Following a one-billion-dollar stock offering by MGM Mirage amidst the global credit crunch, Tracinda's shares were diluted from 53.8 percent to 39 percent.〔(Kerkorian Stake in MGM Mirage Shrinks ) Wall Street Journal〕〔(MGM To Pay Back $825.6 Million In Debt Following Stock, Note Sales ) CNN〕 In May 2010, hedge fund Paulson & Co acquired 40 million shares (about 9%) to become MGM Resorts’s second-largest shareholder.〔 On June 15, 2010, shareholders voted for MGM Mirage to change its name to "MGM Resorts International", which emphasizes the brand's global scope and increased non-gaming strategy.〔Finnegan, Amanda. ("MGM Mirage changes name, now MGM Resorts International" ), "The Las Vegas Sun", Las Vegas, 15 June 2010. Retrieved on 22 May 2014.〕 In 2013, MGM won state licenses to build a $1-billion resort at National Harbor in Maryland〔Freedom du Lac, J. and Wagner, John. ("MGM gets the nod to build Maryland’s sixth casino at National Harbor in Prince George’s" ), "The Washington Post", National, Harbor, MD. 20 December 2013. Retrieved on 22 May 2014.〕 and an $800-million resort in downtown Springfield, Massachusetts.〔 〕〔Stutz, Howard. ("Massachusetts voters approve MGM Resorts' casino plan" ), "The Las Vegas Review-Journal", Las Vegas, NV. 18 July 2013. Retrieved on 22 May 2014.〕 In May 2014, MGM broke ground on a $375-million arena on the Las Vegas Strip with sports and entertainment company AEG.〔Snell, Alan. ("Shovels in the ground, confetti in the air" ), "The Las Vegas Review-Journal", Las Vegas, NV. 1 May 2014. Retrieved on 22 May 2014.〕 ==History== 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「MGM Resorts International」の詳細全文を読む スポンサード リンク
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