Corporate Fact Sheet
Corporate Headquarters:
MGM Resorts International
3600 Las Vegas Blvd. South
Las Vegas, NV 89109
www.mgmresorts.com
The Company
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality and entertainment companies, operating destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company also owns 51% of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is in the process of developing a gaming resort in Cotai, and 50% of CityCenter in Las Vegas, which features ARIA Resort & Casino.
Mission Statement
MGM Resorts International is the leader in entertainment and hospitality – a diverse collection of extraordinary people, distinctive brands and best-in-class destinations. Working together, we create partnerships and experiences that engage, entertain, and inspire.
Core Values:
· Teamwork
· Integrity
· Excellence
Strategic Approach
MGM Resorts International develops, builds and operates unique destination resorts designed to provide a total resort experience, including first-class accommodations and dining, exciting world-class entertainment, state-of-the-art meeting and convention facilities, and high-quality retail and gaming experiences.
Executive Management Team
· James J. Murren, Chairman and Chief Executive Officer
· Bill Hornbuckle, President & Chief Marketing Officer
· Corey Sanders, Chief Operating Officer
· Daniel J. D’Arrigo, Executive Vice President, Chief Financial Officer and Treasurer
· Robert H. Baldwin, President, CityCenter & Chief Design and Construction Officer
· Alan Feldman, Executive Vice President, Global Government and Industry Affairs
· John McManus, Executive Vice President, General Counsel & Secretary
· Phyllis James, Executive Vice President, Chief Diversity Officer
· Bill Scott, President, Corporate Strategy
· Bob Selwood, Chief Accounting Officer
Corporate Recognition
MGM Resorts has been honored for its commitment to being a socially responsible company, including an industry-leading diversity and inclusionary culture, community engagement and philanthropy initiatives and a commitment to environmentally sustainable approaches to development and operations.
In 2012, the company ranked among the top 500 of Newsweek Magazine’s listing of green companies (#122), the most highly rated green integrated resort company. The U.S. Green Building Council awarded six LEED® Gold certifications to CityCenter and 15 of the Company’s properties have leading Green Key designations.
CR Magazine recognized Jim Murren, Chairman & CEO, as a Responsible CEO of the Year for 2013. PR News in 2013 recognized MGM Resorts for overall CSR practices. MGM Resorts is among leading FORTUNE 500 companies recognized by The Women’s Forum of New York for advancing women in corporate governance.
Diversity
MGM Resorts International is committed to the economic empowerment of all people including shareholders, employees and business partners. The company’s Diversity Initiative provides opportunities in employment, purchasing and construction to minorities, women and disadvantaged enterprises.
Since 2001, through our Supplier and Construction Diversity programs, MGM Resorts has spent a cumulative total of more than $3 billion with minority-owned, women-owned, veteran-owned and disadvantaged enterprises, as well as businesses owned by disabled and lesbian, gay, bisexual or transgender (LGBT) individuals.
Environmental Sustainability
MGM Resorts International is focused on reducing the environmental impact of its resorts by adopting a philosophy of sustainable design, construction methods in new developments and renovation and implementing methods of sustainable operations that yield innovative conservation and waste management efforts.
Community Relations and Philanthropy
It is the mission of MGM Resorts International to strengthen communities in which it operates. The MGM Resorts Corporate Philanthropy Program serves as the principle funding entity for the company’s community and social investments with the objective to collaboratively strengthen organizations and programs located where its employees live, work and care for their families.
Employee Giving
MGM Resorts International takes a leadership role in corporate citizenship through its employee-funded MGM Resorts Foundation. The Foundation is the company’s nonprofit, philanthropic entity that collects and disburses employee donations to deserving charities and causes where its employees live and work. During its 2013 campaign, the Foundation raised $4.7 million. Since its inception in 2002, the Foundation has disbursed $54 million in employee donations to charities in communities where the company operates.
For more information regarding the Company’s CSR efforts, please visit: www.mgmresorts.com/csr.
Quick Facts
Stock Symbol: MGM
Principal Exchange: New York Stock Exchange in the United States
Fortune: 292
Employees in the U.S.: 61,400
Rooms/Suites in the U.S.: 46,033
MGM Hospitality
MGM Hospitality is a wholly owned subsidiary of MGM Resorts International (NYSE: MGM) that operates hotels, resorts and residences in key destinations around the world under the brands Bellagio, MGM Grand and Skylofts. MGM Hospitality specializes in creating captivating destinations that, through the interplay of design and innovative dining, retail and spa offerings, infuse entertainment and excitement into every element of the hospitality experience.
MGM Hospitality is focused on establishing hotels and resorts in all international gateway cities and prime resort destinations around the world, with a pipeline that currently includes projects in the Middle East, North Africa, India, and China. MGM Hospitality also provides project management and development services and shares the same commitment to sustainable building and operations as its parent company, MGM Resorts International. For more information about MGM Hospitality, please visit the company's website at www.mgmhospitality.com.
MGM Resorts International Properties
Las Vegas
· Bellagio
· City Center
o ARIA
o VDARA
· MGM Grand
o SKYLOFTS at MGM Grand
o The Signature at MGM Grand
· Mandalay Bay
o THE Hotel at Mandalay Bay
· The Mirage
· Monte Carlo
· New York-New York
· Luxor/Excalibur
· Circus Circus Las Vegas
· Railroad Pass
Domestic
· Circus Circus Reno
· Gold Strike Jean
· Gold Strike Tunica
· Beau Rivage Biloxi
· MGM Grand Detroit
· MGM National Harbor, Maryland (due to open in 2016)
International
· MGM Grand Cotai (due to open in 2016)
· MGM Grand Macau
· MGM Grand Sanya
Selected Activity
Entertainment: 7M tickets sold to MGM Resorts venue events
Hospitality, Food & Beverage: $1.6B
January 2014
3