For Immediate Release
Tuesday, February 18, 2014

MGM Springfield and Majestic Theater Announce
Seasonal Sponsorship Agreement

- Massachusetts Gaming Commission Decides Surrounding Communities and Impacted Live Entertainment Venues

WEST SPRINGFIELD (MA) - MGM Resorts International announced today that it has finalized a seasonal sponsorship and cross-marketing agreement with the Majestic Theater in West Springfield. This extends MGM's commitment to work with existing entertainment facilities throughout the region to continue to grow the area's tourism economy.

Michael Mathis, MGM Springfield incoming President, said, "We are pleased that MGM Springfield and the Majestic Theater were able to reach an agreement and can now work cooperatively to ensure a mutually beneficial future in the Pioneer Valley. We thank the Majestic Theater's leadership team for its hard work and cooperative spirit leading up to today."

In light of the agreement reached late last week, the Majestic Theater today withdrew its petition before the Massachusetts Gaming Commission for Impacted Live Entertainment Venue status.

Danny Eaton, Majestic Theater Founder and Producing Director, said, "As we know in the theater - actions speak louder than words - and our agreement speaks volumes. MGM's follow-through and professionalism allowed us to come to this agreement and we are grateful with the result and show of support."

Also today, the MGC announced its decisions on surrounding community petitions from Hampden, Longmeadow and Northampton; and an ILEV petition from the Eastern States Exposition, or the Big E, also of West Springfield. Longmeadow received designation. Hampden and Northampton did not. The Big E was deferred for one week. MGM now has 30 days to reach an agreement with Longmeadow. If an agreement is not reached arbitration process will begin.

Mathis said, "We look forward to continuing to work cooperatively with officials from Longmeadow and the Big E to come up with agreements that will serve all parties, and allow us to avoid the arbitration process."

The Majestic agreement calls for MGM Springfield to purchase the full capacity of the theater for one night for each of the theater's five annual productions for five years. The sponsorship will begin the first full year after the opening of MGM Springfield. MGM is considering how it will use the seasonal sponsorship opportunity but likely will hold special complimentary MGM Springfield nights at the Majestic for employees and guests, as well as community non profits.

In addition, MGM Springfield will purchase playbill advertising for eight years, commencing in the first full year after the award of the gaming license to MGM Springfield. The Majestic Theater will cross-market and publicize MGM Springfield in its playbills and other materials distributed during performances.

MGM officials continue to have conversations and build alliances and partnerships throughout the Western Massachusetts region. As a result, MGM Springfield has been endorsed by regional chambers of commerce representing more than 2,500 businesses, has finalized an exclusive marketing agreement with Six Flags New England, and has reached surrounding community agreements with Ludlow, Agawam, East Longmeadow, Wilbraham, Chicopee and Holyoke. MGM has designated West Springfield as a surrounding community, and is in ongoing talks with Mayor Ed Sullivan to come up with an agreement.

MGM Springfield, an approximately $800 million resort, is proposed for 14.5 acres of land between Union and State streets, and Columbus Avenue and Main Street.

About MGM Resorts International (NYSE:MGM)
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company also owns 51 percent 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 percent of CityCenter in Las Vegas, which features ARIA resort and casino.

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