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April 28, 2015

TMGM RESORTS NAMED AMONG NATION'S TOP COMPANIES FOR DIVERSITY BY DIVERSITYINC

Tenth Year Recognized, Company Ranked No. 4 On The "Top 10 Regional Companies" List

LAS VEGAS, April 28, 2015 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) is ranked 4th on the "Top 10 Regional Companies" list for diversity best practices, according to DiversityInc, one of the nation's leading sources on workplace diversity management.

2015 marks the tenth consecutive year MGM Resorts has been recognized for its Diversity and Inclusion Initiative by DiversityInc, which ranks companies based on the results of an annual survey.

"Companies are recognizing the importance of diversity for corporate reputation - which directly affects millennial-generation recruiting and retention. And whether you're talking about Silicon Valley, Ferguson, or Indiana, there's no denying that stories about how far we still need to come regarding diversity have been dominating the headlines in 2015," said DiversityInc Founder and CEO Luke Visconti.

DiversityInc's 300-question annual survey is divided into four equally weighted areas: CEO Commitment, Talent Pipeline, Equitable Talent Development, and Supplier Diversity. The survey's results are determined by statistical analysis and each company is vetted by DiversityInc staff. Of the 1,215 companies participating in this year's survey, MGM Resorts is the only Nevada-based company and the only integrated resort company to earn an award of distinction.

"We are proud that our Diversity initiative has received recognition from DiversityInc for the past 10 consecutive years," said Phyllis A. James, Executive Vice President and Chief Diversity Officer of MGM Resorts International. "It shows that not only has top management embraced diversity and inclusion as a business and moral imperative, our 62,000 employees have made it the cornerstone of our daily operations."

The MGM Resorts Diversity and Inclusion Initiative was voluntarily launched in 2000 – the first in the entertainment, gaming and hospitality industry – and is a critical pillar of the company's enterprise-wide social responsibility platform that includes environmental sustainability and community engagement programs. Highlights from the Diversity and Inclusion Initiative include:

  • Approximately 64 percent of the company's 62,000 employees are minorities. In the management ranks, about 43 percent of employees in the supervisory ranks are women, and 38 percent of employees in the supervisory ranks are minorities.
  • Through its diversity sales efforts in 2014, MGM Resorts International contracted several notable diverse convention groups, including NAACP, National Centers for American Indian Enterprise Council and Japanese American Citizens League. Since introducing the Diversity initiative in 2000, the company has attracted guests and customers who share its values related to diversity and inclusion while maintaining a visible role in the diversity meetings market.
  • The MGM Resorts Foundation is hosting its ninth annual Women's Leadership Conference at MGM Grand in July. Presented to a sold-out audience of more than 900 women last year, the two-day conference will feature nationally recognized speakers, forums for small-group dialogue and networking opportunities.
  • Since introducing its Supplier Diversity Program in 2001, MGM Resorts has spent hundreds of millions of dollars with women-owned suppliers. In 2014, MGM Resorts spent a total of $128 million on goods and services purchased through minority, women and diverse-owned businesses. The program is part of a larger company diversity initiative that has been recognized by leading diversity publications including DiversityInc, Black Enterprise and HispanicBusiness.

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.

For more information about the company please visit www.mgmresorts.com