MGM Resorts International | Okta (2024)

A new CISO takes on MGM Resorts

If you’ve been to Las Vegas, you know MGM Resorts International. As one of the world’s largest gaming, hospitality, and entertainment companies, it’s the big name behind such destination brands as the Bellagio, MGM Grand, and The Mirage.

Over the years, MGM Resorts built a complex IT environment that included corporate machines, personal devices, kiosks, and home-grown and purchased applications—all housed in a large on-prem infrastructure. Heading into this decade, MGM Resorts began adding cloud services, such as Workday, Cornerstone OnDemand, and NeoCase, to the mix.

When Scott Howitt walked on to his new job as chief information security officer in the Spring of 2015, identity management wasn’t the first thing on his mind. Yes, he had some experience with Okta at his previous company, and was glad to see that his new team had Okta lined up for a human resources project. But identity was just one of a hundred concerns on his list.

Howitt had a lot on his mind: Protecting the information systems of 20 popular resorts. Keeping employees safe and productive. Helping the company deliver customized service to millions of visitors, while also protecting the privacy and property of those visitors.

MGM Resorts International | Okta (1)

Identity, handled

MGM Resorts had chosen Okta to connect several cloud-based HR systems to a single user provisioning platform, and when Howitt saw the timeline, he did a double-take. Within a matter of weeks, Okta made user provisioning for MGM Resorts new cloud-based HR system simple as pie for 62,000 employees.

“I’ve been involved with two identity access management programs before and it had been a multi-year effort,” he says. Getting that initial user load up and running within weeks? That was impressive.

When another department wanted to bring a new project management solution in house, Howitt agreed to extend the Okta platform, adding the new solution to the new MGM Resorts identity portal.

The solution was up and running within a few days, and Howitt was seriously hooked. “That’s something I had not experienced before, ever,” he says. “[The new app] was just there. It was easy. The next day, it popped up on the menu.”

By this time, Howitt was starting to realize that he could cross identity off of his list of concerns. After sitting down with the Okta leadership team, he could see they were setting MGM Resorts up with identity management that would evolve with whatever the future held, be it smartphones, smart panels, or new-fangled widgets.

“If the brand new iPhone … comes out and I’m unprepared to react to it, Okta will be, because that’s what they do all day long,” he says. “Okta can be the partner that adapts with us.”

MGM Resorts International | Okta (2)

MGM Resorts International | Okta (3)

A CISO finds his cornerstone

Howitt was starting to understand something else, as well: He could build an entire security strategy around identity and access management.

For example: Mobility. MGM Resorts manages a growing number of mobile devices, including those that associates use when they’re cleaning rooms, doing checkouts, and so forth. Today, Okta is helping the MGM Resorts team connect all those devices, and the applications that reside on them, to a single, cloud-based identity platform.

From experience, Howitt knows that traditional mobile device management solutions are fraught with problems. With Okta, he sees another solution. “If I manage identity well on the device,” he says, “how much mobility device management do I really need?”

Extending the platform to patrons

In addition to 62,000 employees, MGM Resorts interacts every day with millions of patrons through its loyalty program, M life. That program helps the company provide customized service from the moment patrons walk through the doors. It also facilitates a rewards program which, for a gaming company, translates to loyalty points with some serious dollar values.

The loyalty program presents a security challenge that Howitt is eager to solve. “Pretty much all day is consumed with potential security threats,” he admits. With Okta on the job, he sees a way to protect sensitive patron data, keep loyalty points secure, and scale to meet the demands of millions of users.

It’s a plan he knows MGM Resorts patrons will love for its simplicity—and one that will make it easier for him to sleep at night.

About MGM Resorts International

MGM Resorts International is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company is in the process of developing MGM National Harbor in Maryland and MGM Springfield in Massachusetts.

MGM Resorts International | Okta (2024)

FAQs

Is MGM Resorts International a good stock to buy? ›

MGM Resorts has 33.43% upside potential, based on the analysts' average price target. MGM Resorts has a consensus rating of Strong Buy which is based on 13 buy ratings, 1 hold ratings and 0 sell ratings. The average price target for MGM Resorts is $57.08.

What does MGM Resorts International stand for? ›

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.

What is MGM Resorts International ranked? ›

MGM Resorts International
  • RANK4 Fortune Sector Leaders: Hotels, Restaurants, and Leisure.
  • RANK251 Fortune 500.
  • RANK.
Jun 4, 2024

What unique features attracts customer to MGM Resorts International? ›

MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of ...

Who is the largest shareholder of MGM Resorts International? ›

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Davis Selected Advisers, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Capital World Investors, AGTHX - GROWTH FUND OF AMERICA Class A, Geode Capital Management, Llc, ...

What is the MGM stock prediction for 2025? ›

MGM Resorts International Stock Prediction 2025

The MGM Resorts International stock prediction for 2025 is currently $ 40.48, assuming that MGM Resorts International shares will continue growing at the average yearly rate as they did in the last 10 years.

Is MGM owned by Amazon? ›

Amazon MGM Studios, formerly Amazon Studios, is an American film and television production and distribution studio owned by Amazon launched in 2010. It took its current name in 2023 following its merger with MGM Holdings, which Amazon had acquired the year prior.

Who is the CEO of MGM Resorts International? ›

Bill Hornbuckle - MGM Resorts International | LinkedIn.

Does Disney own MGM? ›

MGM was founded on April 17, 1924 and has been owned by the Amazon MGM Studios subsidiary of Amazon since 2022. Metro-Goldwyn-Mayer Studios Inc. Metro-Goldwyn-Mayer was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures and Louis B. Mayer Pictures into one company.

Who is MGM resorts competitor? ›

MGM Resorts International: Competitors
  • Marriott International Inc Headquarters. 148,000. $23.7B.
  • Caesars Entertainment Inc Headquarters. 51,000. $11.5B.
  • Las Vegas Sands Corp Headquarters. 38,400. $10.4B.
  • Wynn Resorts Ltd Headquarters. 27,800. $6.5B.

Who is the target audience for MGM Resorts? ›

MGM appeals to both older and young customers. The MGM attracts five types of customers; recognition seekers, escapist, reward seekers, socializers, and professionals. Escapist seek a getaway to entertainment sections and resorts located in different areas.

Is MGM Resorts International a good company to work for? ›

MGM Resorts International has an overall rating of 3.6 out of 5, based on over 2,365 reviews left anonymously by employees. 61% of employees would recommend working at MGM Resorts International to a friend and 58% have a positive outlook for the business. This rating has decreased by 1% over the last 12 months.

What does MGM Resorts stand for? ›

Christopher Valdez. Worked at MGM Grand Las Vegas Author has 4.9K answers and 8.2M answer views 5y. Short answer: Metro Goldwyn Mayer. Long answer: In 1924, the owner of Lowe's Theaters purchased three movie studios, Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Films, and merged then into Metro Goldwyn Mayer.

What is the goal of the MGM Resorts? ›

Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates.

How much money does MGM Resorts make? ›

MGM Resorts revenue for the twelve months ending March 31, 2024 was $16.674B, a 17.87% increase year-over-year. MGM Resorts annual revenue for 2023 was $16.164B, a 23.13% increase from 2022. MGM Resorts annual revenue for 2022 was $13.127B, a 35.61% increase from 2021.

What is the forecast for MGM stock? ›

Based on short-term price targets offered by 18 analysts, the average price target for MGM Resorts comes to $55.67. The forecasts range from a low of $44.00 to a high of $63.00. The average price target represents an increase of 52.77% from the last closing price of $36.44.

What is the best international stock to buy? ›

Best International Companies to Own: 2024 Edition
  • NXP Semiconductors NV. (NXPI)
  • GSK PLC ADR. (GSK)
  • Reckitt Benckiser Group PLC ADR. (RBGLY)
  • Nestle SA ADR. (NSRGY)
  • Rentokil Initial PLC ADR. (RTO)

Is MFA a good stock to buy? ›

MFA Financial has 6.78% upside potential, based on the analysts' average price target. Is MFA a Buy, Sell or Hold? MFA Financial has a consensus rating of Strong Buy which is based on 3 buy ratings, 1 hold ratings and 0 sell ratings.

Is MMP a good buy? ›

MMP boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating.

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