<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MGM GRAND, INC. 1994 FORM 10K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 75,859 <SECURITIES> 0 <RECEIVABLES> 100,298 <ALLOWANCES> (17,624) <INVENTORY> 17,236 <CURRENT-ASSETS> 203,525 <PP&E> 925,566 <DEPRECIATION> (45,543) <TOTAL-ASSETS> 1,140,753 <CURRENT-LIABILITIES> 111,373 <BONDS> 473,000 <COMMON> 507 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 528,872 <TOTAL-LIABILITY-AND-EQUITY> 1,140,753 <SALES> 793,817 <TOTAL-REVENUES> 793,817 <CGS> 0 <TOTAL-COSTS> (51,622) <OTHER-EXPENSES> (568,299) <LOSS-PROVISION> (44,181) <INTEREST-EXPENSE> (61,927) <INCOME-PRETAX> 74,576 <INCOME-TAX> 0 <INCOME-CONTINUING> 73,540 <DISCONTINUED> 1,036 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 74,576 <EPS-PRIMARY> 1.52 <EPS-DILUTED> 0