Hotels, Restaurants and Leisure
Company Overview of Mandalay Corp.
Mandalay Corp., doing business as Mandalay Bay Resort and Casino, operates a resort and casino. Its resort includes spas, gyms, casinos, beach clubs, wedding chapels, shark reef aquariums, hotels, restaurants, lounges and bars, nightclubs, convention centers, and shops. Mandalay offers various facilities, such as golf courses, dining, facials, body treatments, massages, salons, packages, wedding services, gift cards, souvenirs t-shirts, resort wear, rooms and suites, VIP services, games, meetings, catering, event planning, and convention services. The company was founded in 1965 and is based in Las Vegas, Nevada. Mandalay Corp. operates as a subsidiary of MGM Mirage.
3950 Las Vegas Boulevard South
Las Vegas, NV 89119
Founded in 1965
Key Executives for Mandalay Corp.
Director of Spa Operations
Race & Sports Book Director
Compensation as of Fiscal Year 2014.
Mandalay Corp. Key Developments
Mandalay Bay Announces Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2015
May 4 15
Mandalay Bay announced unaudited earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported net revenues of $226,935,000 against $219,384,000 a year ago. Adjusted property EBITDA was $53,988,000 against $56,000,000 a year ago. Operating income was $35,321,000 against $34,411,000 a year ago.
For the quarter, the company reported occupancy 90.2% against 92.3% a year ago. Average daily rate was $210 against $202 a year ago. Revenue per available room was $189 against $186 a year ago.
Mandalay Bay Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014
Feb 17 15
Mandalay Bay announced unaudited earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net revenues of $204,280,000 against $197,174,000 a year ago. Operating income was $17,036,000 against $14,651,000 a year ago. Adjusted EBITDA was $36,827,000 against $36,346,000 a year ago.
For the year, the company reported net revenues of $874,126,000 against $792,282,000 a year ago. Operating income was $95,449,000 against $78,096,000 a year ago. Adjusted EBITDA was $175,626,000 against $167,154,000 a year ago.
Mandalay Bay Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended Sept. 30, 2014
Oct 30 14
Mandalay Bay announced unaudited earnings results for third quarter and nine months ended Sept. 30, 2014. For the quarter, the company’s net revenue was $216,956,000 compared to $214,289,000 a year ago. Adjusted property EBITDA was $29,796,000 compared to $42,036,000 a year ago. Operating income was $10,478,000 compared to $19,209,000 a year ago.
For the nine months, net revenue was $669,846,000 compared to $595,108,000 a year ago. Adjusted property EBITDA was $138,799,000 compared to $130,808,000 a year ago. Operating income was $78,413,000 compared to $63,445,000 a year ago.
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