Who Owns Bellagio?
Bellagio is owned by MGM Resorts International (NYSE: MGM), which operates the iconic Las Vegas Strip resort. Opened in 1998 by Steve Wynn, Bellagio is MGM's flagship luxury property, famous for the Fountains of Bellagio, the Bellagio Gallery of Fine Art, and its conservatory and botanical gardens.
Parent Company
Acquired
2000
Status
Publicly Traded
Headquarters
Bellagio Timeline
Who Owns Bellagio?
- Parent Company: MGM Resorts International
- Ownership Type: Subsidiary
- Acquisition Year: 2000
- Company Type: Publicly Traded
- Stock Ticker: NYSE: MGM
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Bellagio | MGM Resorts International | Subsidiary |
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History of Bellagio
- Founded: 1998
- Founders: Steve Wynn
- Acquired by MGM Resorts International: 2000
Steve Wynn conceived Bellagio as the most luxurious resort ever built on the Strip, spending a then-record $1.6 billion to open it in October 1998. Designed around an artificial lake with the choreographed Fountains of Bellagio, it set the template for modern luxury Vegas: fine art, high-end dining, botanical conservatory, and a poker room that became the game's most famous venue.
MGM acquired the property just two years later in the Mirage Resorts takeover. Under MGM, Bellagio has anchored the company's luxury tier, commanding premium rates and hosting the highest-end casino play on the Strip. It remains one of the highest-EBITDA properties in the portfolio.
About MGM Resorts International
Is MGM Resorts publicly traded?
Yes. MGM Resorts International trades on the NYSE under ticker MGM. Founder Kirk Kerkorian's estate has fully exited, leaving dispersed institutional ownership.
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What casinos does MGM own?
On the Las Vegas Strip: Bellagio, MGM Grand, Mandalay Bay, The Cosmopolitan, Aria, Luxor, Excalibur, New York-New York, and Park MGM. Regionally it owns Borgata, MGM Grand Detroit, Beau Rivage, and others, plus MGM Macau and MGM Cotai in China.
Does MGM own BetMGM?
BetMGM is a 50/50 joint venture between MGM Resorts and Entain. It turned profitable in 2025 with $2.8 billion of net revenue and began distributing cash to both parents.
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Is MGM building a casino in Japan?
Yes. MGM broke ground on MGM Osaka, Japan's first integrated resort, with partners including Orix. It is expected to be the largest integrated resort in the world when completed.
- Founded: 1986
- Headquarters: Las Vegas, Nevada, USA
- Company Type: Publicly Traded
- Stock: NYSE: MGM
- Revenue: $17.5 billion (FY2025)
- Employees: ~69,000
Where Is Bellagio Made / Based?
- Headquarters: Las Vegas, Nevada, USA
- Manufacturing / Operations: Las Vegas, Nevada, USA
Bellagio Categories & Tags
Bellagio Recalls & Controversies
Bellagio has been targeted in high-profile thefts, including the 2000 Bellagio chip robbery and the 2010 craps-table armed robbery. The 2017 Mandalay Bay shooting, though at a sister property, tightened security policies across all MGM resorts including Bellagio. No sustained brand controversies attach to the property itself.
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Brands Owned by MGM Resorts International
Bellagio Ownership: Pros & Cons
Advantages
- +Iconic flagship status and global recognition
- +Premium pricing power on the Strip
- +Fountains and art drive organic traffic
- +Highest-end casino play in the portfolio
- +MGM Rewards cross-property loyalty integration
Considerations
- -Las Vegas tourism cyclicality
- -Lease costs under the Blackstone real estate deal
- -Competition from Wynn and Cosmopolitan
- -Convention and group business exposure
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Frequently Asked Questions About Bellagio
Sources & Further Reading
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Competitors to Bellagio
No direct competitors found in the same category. This could be because Bellagiooperates in a unique market segment or we're still building our competitor database.
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Independent Alternatives to Bellagio
Looking for brands with different ownership structures? These similar brands are not owned by MGM Resorts International, giving you alternative choices that support different corporate structures.
Travel HospitalityDolphin Cay
Owned by Kerzner International Holdings Limited
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marine-habitatdolphin-encounterconservation
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Dolphin Cay is privately owned, unlike Bellagio which is under a publicly traded parent company.
Travel HospitalityTaj Hotels
Owned by Tata Group
India's flagship luxury hotel brand, operated by Indian Hotels Company Limited (IHCL), a subsidiary of Tata Group. One of the most recognized luxury hospitality brands in Asia with approximately 350 hotels globally.
luxury-hotelsindian-brandhospitality
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Taj Hotels is privately owned, unlike Bellagio which is under a publicly traded parent company.
Travel HospitalityAquaventure Waterpark
Owned by Kerzner International Holdings Limited
141-acre water park at Atlantis Paradise Island in the Bahamas, featuring high-speed slides, river rides, and marine habitat experiences, operated by Brookfield Asset Management.
water-parkresort-attractionbahamas
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Aquaventure Waterpark is privately owned, unlike Bellagio which is under a publicly traded parent company.
Travel HospitalityAtlantis Resorts
Owned by Kerzner International Holdings Limited
Luxury integrated resort brand operating properties in the Bahamas, Dubai, and China under two separate ownership structures, with new resorts announced for the Maldives and Saudi Arabia.
luxury-resortsintegrated-resortshospitality
Privately Owned
Atlantis Resorts is privately owned, unlike Bellagio which is under a publicly traded parent company.
Travel HospitalityFinns Beach Club
Owned by FINNS Bali Group
Beachfront entertainment venue in Canggu, Bali, known for infinity pools, dining, and sunset events. Operated by PT Pantai Semara Nusantara.
beach-clubhospitalitybali
Privately Owned
Finns Beach Club is privately owned, unlike Bellagio which is under a publicly traded parent company.
Travel HospitalityKingdom Hospitality
Owned by Kingdom Hospitality, LLC
Full-service short-term rental and vacation property management company founded by Tim Venus in 2021 and headquartered in Sheboygan, Wisconsin, serving owners across multiple US markets.
short-term-rentalsvacation-rentalsproperty-management
Privately Owned
Kingdom Hospitality is privately owned, unlike Bellagio which is under a publicly traded parent company.
MGM Resorts International Stock Information
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