MGM Resorts International Corporate Fact Sheet

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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 companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company opened MGM National Harbor in Maryland on December 8, 2016, and is in the process of developing MGM Springfield in Massachusetts. MGM Resorts controls and holds a 76 percent economic interest in the operating partnership of MGM Growth Properties LLC (NYSE: MGP), a premier triple-net lease real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. The Company also owns 56 percent of MGM China Holdings Limited (SEHK: 2282), which owns MGM MACAU and is developing MGM COTAI, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. MGM Resorts is named among FORTUNE® Magazine's 2017 list of World's Most Admired Companies®.
 
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
  • Inclusion
  • 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
  • Jim Murren, Chairman and Chief Executive Officer
  • Bill Hornbuckle, President
  • Corey Sanders, Chief Operating Officer
  • Dan D’Arrigo, Executive Vice President and Chief Financial Officer
  • Bobby Baldwin, President and Chief Executive Officer, CityCenter, and Chief Customer Development Officer
  • Chris Nordling, President, Corporate Entities
  • John McManus, Executive Vice President, General Counsel and Secretary
  • Phyllis James, Chief Diversity Officer and Corporate Responsibility Officer
  • Bill Scott, Executive Vice President Corporate Strategy, Senior Resident Executive – China
  • Anton Nikodemus, Chief Operating Officer, Regional Operations
  • Lili Tomovich, Chief Experience Officer
  • Michelle DiTondo, Chief Human Resources Officer
  • Clark Dumont, Senior Vice President and Chief of Staff
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 environmentally sustainable approaches to development and operations.
 
FORTUNE® Magazine in 2017 and 2016 recognized MGM Resorts on its list of World's Most Admired Companies®.
In 2014, the Company received the Alliance to Save Energy's "Galaxy" Star Award for its achievements in energy efficiency, including the reduction of its Las Vegas properties’ energy use by more than 420 million kilowatt hours. The U.S. Green Building Council awarded six LEED® Gold certifications to CityCenter, one of the largest sustainable developments in the world. Fifteen of the Company’s resorts have achieved prestigious Green Key designations for environmental sustainability.
 
CR Magazine recognized Chairman and CEO Jim Murren as a Responsible CEO of the Year for 2013. PR News in 2013 recognized MGM Resorts for its 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 its Supplier and Construction Diversity programs, MGM Resorts has spent a cumulative total of more than $4 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 committed to being a global leader in sustainability and stewardship of the environment. The Company has adopted a philosophy of sustainable design, construction and operations that yields innovative conservation measures while reducing waste.
 
Community Relations and Philanthropy
It is the mission of MGM Resorts International to strengthen the 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 of collaboratively strengthening organizations and programs in communities 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 in communities where its employees live and work. Since its inception in 2002, the Foundation has raised nearly 70 million in employee donations to support 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: 289
Employees in the U.S: 71,000
  • Las Vegas: More than 50,000
Employees in Macau: 6,000
Rooms/Suites in the U.S.: 47,000                   
  • Las Vegas: 40,900
Rooms/Suites in Macau: 582
  
MGM Resorts Destinations:
Las Vegas
  • Bellagio
  • CityCenter (50 percent owned by MGM Resorts)
    • ARIA
    • Vdara
  • MGM Grand
    • SKYLOFTS at MGM Grand
    • The Signature at MGM Grand
  • Mandalay Bay
    • Delano Las Vegas
  • The Mirage
  • Monte Carlo (rebranding as Park MGM and NoMad Hotel in 2018)
  • New York-New York
  • Luxor
  • Excalibur
  • Circus Circus Las Vegas 
Domestic
  • Gold Strike Tunica
  • Beau Rivage Biloxi
  • MGM Grand Detroit
  • Borgata Atlantic City
  • MGM National Harbor, Maryland
  • MGM Springfield, Massachusetts (scheduled to open in 2018) 
 International
  • MGM China Holdings Limited (56 percent owned by MGM Resorts)
    • MGM Macau
    • MGM Cotai (scheduled to open in 2017)
 
  • Diaoyutai MGM Hospitality (49 percent owned by MGM Resorts)
    • Diaoyutai Boutique Hotel Chengdu
    • Diaoyutai Hotel Hangzhou
    • MGM Grand Sanya
    • Bellagio by MGM Shanghai  (scheduled to open in 2017)
    • Diaoyutai Frankfurt (scheduled to open in 2017) 
Select Statistics
  • Convention and Conference Space: 3.2 million square feet at MGM’s Las Vegas resorts
  • Entertainment Space: 2.2 million  square feet at MGM’s Las Vegas resorts
  • Outdoor Event Space: 15 acres at the Las Vegas Village and 50 acres at the Las Vegas Festival Grounds
  • Tickets: 7 million tickets sold in 2015 for events at MGM Resorts venues
  • Restaurants: MGM Resorts hosts many of the world’s most renowned celebrity chef restaurants in Las Vegas, including venues by Joël Robuchon, Julian Serrano, Charlie Palmer, Michael Mina, Alain Ducasse, Wolfgang Puck, Todd English, Jean-Georges Vongerichten, Hubert Keller, Tom Colicchio, Masaharu Morimoto and Pierre Gagnaire. 

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