MGM Resorts International Achieves Spot on Prominent List of "Best Companies for Diversity" for Eighth Year; MGM Resorts is the only gaming company, and the only company in Nevada, to be named
LAS VEGAS, Jan. 13, 2015
For the eighth year, Black Enterprise (BE) magazine has named MGMResortsInternational one of the "40 Best Companies for Diversity" in the U.S. for its diversity and inclusion practices. MGM Resorts is the only company in the gaming industry, and the only company in Nevada, to be named to the magazine's list this year.
The 40 companies featured in the publication's December/January issue and on http://www.blackenterprise.com demonstrated a commitment to diversity in one or more of four key areas, including: Board of Directors mix, employee diversity, senior management mix and supplier diversity.
MGM Resorts was honored this year for creating a corporate culture that values and promotes inclusion within and outside of the company.
"We strive to weave diversity and inclusion into the fabric of our culture and our business operations at MGM Resorts," said Phyllis James, Executive Vice President, Special Counsel-Litigation and Chief Diversity Officer. "Across the board, from top management on down, we embrace diversity and inclusion; it is a philosophy that is reflected in our everyday workplace."
BE sent surveys to the nation's top 1,000 publicly traded companies as well as to the 100 leading global companies with strong U.S. operations. The questionnaire focused on activities related to the participation of African Americans and members of other ethnic minority groups as defined by the U.S. Census Bureau. A heavier weighting was applied to the senior management and supplier diversity areas. The final scores, along with the results of reporting and research conducted by the editorial staff, were used to determine the "40 Best Companies for Diversity." Among the other well-known companies named to the "40 Best" list this year are Aflac Inc., American Express Co., The Coca Cola Company and Allstate Corporation.
In 2000, MGM ResortsInternational became the gaming industry's first company to implement a diversity initiative. Since its adoption, MGM Resorts has spent more than $3 billion on goods and services provided by minority, women and disadvantaged business enterprises (MWDBE), suppliers and contractors.
About Black Enterprise
Black Enterprise is the premier business, investing, and wealth-building resource for African Americans. Since 1970, BE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. Every month, BE magazine provides 4.3 million readers with information on entrepreneurship, careers, and financial management. A multimedia company, BE also produces radio and television programming, business and lifestyle events, Web content, and digital media. BE is the definitive source of information for and about African American business markets and leaders, and the authority on black business news and trends.
About MGM Resorts International (NYSE:MGM)
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company's renowned properties nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company's commitment to sustainable development and operations.