MGM Resorts International
MGM Resorts International (FWB: MGG) is trading at €27.85, about ₹3,044 at today's EUR/INR rate, as of 29 Sep 2026, 2:01 AM ET, down 1.90% today. Indian residents can buy MGM Resorts International from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€27.85
Today's high
€27.85
52 week low
€25.99
52 week high
€43.40
MGG opened at €27.85, closed previously at €28.39, and has traded between €25.99 and €43.40 over the past 52 weeks.
About
MGM Resorts International stands as a premier global gaming and entertainment conglomerate, operating through its subsidiaries across the United States, China, and various international markets. Its extensive business activities are structured into four primary segments: the iconic Las Vegas Strip Resorts, a wide-ranging portfolio of Regional Operations, its significant presence in MGM China, and its expanding MGM Digital division. The company owns and manages integrated casino resorts, offering a comprehensive array of amenities that include gaming floors, luxury accommodations, convention and meeting spaces, diverse dining experiences, live entertainment, retail shopping, and other upscale resort services. Complementing its physical establishments, MGM also provides online gaming opportunities through its digital platforms. Its gaming offerings encompass traditional slot machines and table games found within its casinos, alongside modern digital options such as live dealer games, online sports wagering, and iGaming services facilitated by its BetMGM platform. MGM caters to a broad clientele, serving premium gaming enthusiasts, individual leisure and wholesale travelers, business professionals, and various group customers, including attendees of conventions, trade association events, and smaller corporate gatherings. Established in 1986 and initially named MGM MIRAGE, the company rebranded to MGM Resorts International in June 2010, maintaining its corporate headquarters in Las Vegas, Nevada.
Key statistics
Avg. volume
42.00
Market cap
€7.13B
P/E Ratio
18.87
Price-to-sales ratio
0.45
Enterprise value
$39.63B
Free cash flow yield
16.45%
Debt-to-equity ratio
11.87
Return on equity
8.69%
ROIC
3.51%
Beta
1.29
Dividend yield
0.00%
Last dividend
€0.00
Financial overview
Revenue
$17.54B
Earnings per share
$0.76
Free cash flow
$1.67B
Net profit margin
2.40%
Gross margin
44.16%
EBITDA
$2.35B
Revenue growth
1.73%
How to buy MGM Resorts International from India
Indian residents can buy MGM Resorts International shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to EUR.
Search for MGM Resorts International and place an order
Find MGM Resorts International by name or by its ticker, MGG, and choose an order type. MGM Resorts International trades 11:30 am – 11:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MGM Resorts International position in EUR and INR. MGM Resorts International pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in MGM Resorts International from India
Trading and taxes when buying MGM Resorts International from India
Trading and limits
- Trading hours
- 8:00 am – 8:00 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneMGM Resorts International does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy MGM Resorts International stock?
Yes. MGM Resorts International (MGG) has been listed on the Frankfurt Stock Exchange since 2000, in the Gambling, Resorts & Casinos industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one MGM Resorts International share cost in rupees?
One MGM Resorts International share is €27.85 — about ₹3,044 at an EUR/INR rate of 109.29 on 28 Sep 2026. Both the MGM Resorts International price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying MGM Resorts International from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on MGM Resorts International shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the MGM Resorts International price. Paasa issues a capital-gains statement for your return.
Does MGM Resorts International pay a dividend?
No. MGM Resorts International does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade MGM Resorts International from India?
The Frankfurt Stock Exchange trades 11:30 am – 11:30 pm IST in Indian time. The window shifts to 12:30 pm – 12:30 am IST when Germany is on standard time. Orders can only execute during that window.
Is MGM Resorts International a Germany company, and does that change how it is taxed?
MGM Resorts International trades on the Frankfurt Stock Exchange in EUR, but the company is domiciled in United States. MGM Resorts International trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare MGM Resorts International shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your MGM Resorts International holding, its cost and its closing value.
How do I sell MGM Resorts International and bring the money back to India?
You sell during market hours (11:30 am – 11:30 pm IST) and the proceeds settle in EUR in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on MGM Resorts International?
Yes. MGM Resorts International is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.