• MGM MIRAGE Profile

    It's not your imagination -- MGM MIRAGE is one of the world's largest gaming firms. The company's 20 partially or wholly owned properties include Las Vegas' MGM Grand, Luxor, Bellagio, The Mirage, New York-New York, and the Monte Carlo. It also owns casinos elsewhere in Nevada (Reno, Jean, and Henderson), as well as in Illinois (50%-owned), Michigan, and Mississippi. In addition, the company operates the Borgata casino in Atlantic City through a joint venture with Boyd Gaming. MGM MIRAGE shot to the top of the gaming world in 2005 when it acquired rival Mandalay Resort Group for $7.9 billion. However, Harrah's surpassed MGM MIRAGE after it merged with Caesars. Founder Kirk Kerkorian owns about 50% of the firm.
    J. Terrence Lanni
    CEO
    3600 Las Vegas Blvd. South

    Las Vegas, NV 89109

    http://www.mgmmirage.com

    Phone: 702-693-7120

    Fax: 702-693-8626
    Sector: Services Industry: Leisure
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $7,691,600,000 7.2% $1,584,400,000 67,400
  • Key Executives: MGM

    Name Title Officer Since
    J. Terrence Lanni CEO 5/31/00
    James J. Murren COO 5/31/00
    Daniel J. D'Arrigo CFO -
    Robert C. Selwood Chief Accounting Officer -
    Aldo Manzini Chief Administrative Officer -
    Gary N. Jacobs General Counsel 1/1/00
    Bryan L. Wright Senior VP -
    Phyllis A. James Senior VP -
  • Top Competitors: MGM

  • Insider Trends: MGM

    Sentiment for MGM is NEUTRAL

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: MGM

    Date Name Shares Transaction Type Market Value
    06/12/08 JAMES PHYLLIS A 5,500 Planned Sale $232,760.00
    06/12/08 JAMES PHYLLIS A 5,500 Sale $229,752.00
    06/12/08 JAMES PHYLLIS A 5,500 Exercise of Stock Options $70,070.00
  • Ownership Breakdown : MGM

    Large Block Holder Type Number  
    Institutions 371.00
     
    Mutual Fund 505.00
    Other Major 18.00
  • Short Interest Volume: MGM

    Data as of 6/10/08
    Current Short Interest Shares 1.10 B
    Current Short Interest Ratio 5.80
    Float 278.21 M
    Short Interest as % of Float 4.60
    Average Daily Volume 3.15 M
    Outstanding Shares 276.30 M