MGM Resorts International (MGM) 8-K Other Events

Exhibit 12

MGM MIRAGE
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Year Ended December 31,
	2002			2003			2004			2005			2006
	(In thousands)
Earnings
Income from continuing operations before income taxes	$	448,837		$	338,291		$	548,810		$	667,085		$	977,926
Minority interests in consolidated subsidiaries		3,975			4,057			4,289			4,480			4,749
Earnings from unconsolidated affiliates		(23,269	)		(23,885	)		(107,360	)		(134,132	)		(229,295	)
Distributed income of unconsolidated affiliates		37,000			38,000			51,500			89,857			212,477
Fixed charges (see below)		335,739			343,339			390,588			670,285			882,501
Capitalized interest		(61,712	)		(15,234	)		(23,005	)		(29,527	)		(122,140	)
		740,570			684,568			864,822			1,268,048			1,726,218
Fixed Charges
Interest expense, net (1)		274,027			328,105			367,583			640,758			760,361
Capitalized interest		61,712			15,234			23,005			29,527			122,140
		335,739			343,339			390,588			670,285			882,501
Ratio of Earnings to Fixed Charges		2.21x			1.99x			2.21x			1.89x			1.96x

(1) Interest expense does not include the interest factor of rental expense as these amounts are not material.