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Exhibit 12.1

MGM RESORTS INTERNATIONAL
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Years Ended December 31,
	2007			2008			2009			2010			2011
	(In thousands)
Earnings
Income from continuing operations before income taxes	$	2,158,428		$	(668,988	)	$	(2,012,593	)	$	(2,216,025	)	$	2,831,631
Earnings from unconsolidated affiliates		(162,217	)		(40,752	)		188,178			190,659			27,919
Distributed income of unconsolidated affiliates		211,062			70,546			93,886			227,764			63,013
Fixed charges (see below)		924,294			795,049			1,028,673			1,113,580			1,086,832
Capitalized interest		(215,951	)		(185,763	)		(253,242	)		—			(33	)
		2,915,616			(29,908	)		(955,098	)		(684,022	)		4,009,362
Fixed charges
Interest expense, net(1)		708,343			609,286			775,431			1,113,580			1,086,832
Capitalized interest		215,951			185,763			253,242			—			33
		924,294			795,049			1,028,673			1,113,580			1,086,865
Ratio of Earnings to Fixed Charges		3.15x				(2)			(2)			(2)		3.69x

(1)

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

(2)

Earnings were inadequate to cover fixed charges of $795 million, $1.029 billion and $1.114 billion for the years ended December 31, 2008, 2009 and 2010, respectively.

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Exhibit 12.1

MGM RESORTS INTERNATIONAL COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES