Does Amazon Own MGM Casinos?

When you hear about Amazon and MGM, it’s easy to wonder if the retail giant owns MGM Casinos too. After all, Amazon’s acquisition of MGM Studios made headlines, sparking curiosity about the extent of Amazon’s reach. You might be asking, “Does Amazon own MGM Casinos?” or “Are MGM’s casinos part of Amazon now?” I’m here to clear up the confusion and explain the relationship between Amazon and MGM Casinos.

In this article, we’ll explore what Amazon actually owns, the difference between MGM Studios and MGM Resorts, and why the casinos remain separate from Amazon’s portfolio. You’ll get a clear picture of how these companies operate and why Amazon’s involvement doesn’t extend to MGM’s casinos.

Understanding Amazon’s Acquisition of MGM Studios

Amazon’s acquisition of MGM Studios was a major move in the entertainment industry. In 2021, Amazon purchased MGM for $8.45 billion, aiming to boost its streaming service, Amazon Prime Video, with MGM’s vast library of movies and TV shows.

• MGM Studios is a historic film and television production company.
• The acquisition gave Amazon access to over 4,000 films and 17,000 TV episodes.
• This deal was focused on content creation and streaming, not casinos or resorts.

Amazon’s goal was to strengthen its entertainment offerings, not to enter the casino business. MGM Studios and MGM Resorts are two completely different companies, despite sharing the “MGM” name.

What Is MGM Resorts International?

MGM Resorts International is a global hospitality and entertainment company that owns and operates many famous casinos and hotels. Some of their well-known properties include:

• Bellagio in Las Vegas
• MGM Grand Las Vegas
• Mandalay Bay
• MGM National Harbor in Maryland

MGM Resorts focuses on gaming, hospitality, and entertainment, running casinos, hotels, and resorts worldwide. This company is publicly traded and operates independently from MGM Studios.

Why Amazon Does Not Own MGM Casinos

Even though Amazon owns MGM Studios, it does not own MGM Resorts or any of its casinos. Here’s why:

• MGM Studios and MGM Resorts are separate entities with different owners.
• Amazon’s purchase was specifically for MGM Studios’ entertainment assets.
• MGM Resorts remains a publicly traded company focused on casinos and resorts.
• There has been no announcement or indication that Amazon plans to buy MGM Resorts.

This means when you visit an MGM casino, you are dealing with MGM Resorts, not Amazon.

How the MGM Name Causes Confusion

The shared “MGM” name often leads to confusion. Here’s a quick breakdown:

Both companies originated from the original Metro-Goldwyn-Mayer, but they split decades ago. MGM Studios handles movies and shows, while MGM Resorts runs casinos and hotels.

What Does Amazon’s Ownership of MGM Studios Mean for Casinos?

Amazon’s acquisition of MGM Studios does not affect MGM Resorts or its casinos. However, there are some indirect impacts worth noting:

• Amazon’s streaming service may feature more MGM content, increasing brand visibility.
• MGM Resorts may benefit from cross-promotional opportunities but remains independent.
• The casino business continues to focus on gaming and hospitality without Amazon’s involvement.

In short, Amazon’s ownership is about entertainment content, not gambling or resorts.

The Future of MGM Casinos and Amazon

Looking ahead, it’s unlikely Amazon will enter the casino business by acquiring MGM Resorts. Here’s why:

• Amazon’s core business is technology, retail, and entertainment.
• The casino industry requires specialized knowledge and regulatory compliance.
• MGM Resorts is a large, complex company with its own growth plans.
• Amazon’s strategy focuses on digital content and cloud services.

That said, partnerships or collaborations between Amazon and MGM Resorts could happen, especially in technology or marketing, but ownership remains separate.

How to Verify Ownership of Companies Like MGM

If you want to check who owns a company like MGM Resorts or MGM Studios, here are some tips:

• Look up the company on financial websites like Yahoo Finance or Bloomberg.
• Check the company’s official website for ownership and investor information.
• Search for recent news articles about acquisitions or mergers.
• Review public filings if the company is publicly traded.

This helps you avoid confusion and get accurate information about company ownership.

Summary Table: Amazon and MGM Ownership

Conclusion

So, does Amazon own MGM Casinos? The answer is no. Amazon owns MGM Studios, the entertainment company, but MGM Resorts, which runs the casinos, remains independent and publicly traded. The two companies share a name but operate in very different industries.

Understanding this distinction helps you see why Amazon’s acquisition of MGM Studios doesn’t mean it owns casinos. If you’re interested in MGM’s casinos, you’re dealing with MGM Resorts, not Amazon. This separation keeps the casino business focused on hospitality and gaming, while Amazon continues to expand in entertainment and technology.

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FAQs

Does Amazon own MGM Resorts casinos?

No, Amazon owns MGM Studios, the entertainment company, but MGM Resorts, which operates casinos, is a separate, publicly traded company.

What did Amazon acquire when it bought MGM?

Amazon acquired MGM Studios, gaining access to its film and TV content library to boost Amazon Prime Video.

Are MGM Studios and MGM Resorts the same company?

No, they are different companies. MGM Studios focuses on entertainment, while MGM Resorts operates casinos and hotels.

Can Amazon enter the casino business in the future?

While possible, there are no current plans for Amazon to buy or operate casinos. Their focus remains on technology and entertainment.

How can I check who owns a company like MGM Resorts?

You can check financial websites, company investor pages, and recent news to verify ownership information.