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MGM Resorts International Named a Best Company for Diversity by Leading Hispanic Business Publication

MGM Resorts International Named a Best Company for Diversity by Leading Hispanic Business Publication

Published 10-07-13

Submitted by MGM Resorts International

MGM Resorts International (NYSE: MGM) is one of the nation’s “2013 Best Companies for Diversity” according to HispanicBusiness Media, a leading publishing and information services company for Hispanic professionals and entrepreneurs. MGM Resorts ranked 22nd out of 50 companies; it is the only integrated resort company to rank in this year's competition.

“On behalf of our 62,000 employees, we count it a true honor to be recognized by HispanicBusiness Media as a national leader in diversity,” said Jim Murren, Chairman and CEO of MGM Resorts International. “Diversity and inclusion for our company is not just a moral conviction—it is also a business imperative. We are a better company because of our diversity and celebrate the unique contributions each team member offers in meeting the needs of our diverse guests.”

The Best Companies for Diversity list ranks companies according to their engagement of Hispanics and other minorities in five different categories: board and leadership representation; recruitment, retention and promotion; marketing and community outreach; and supplier diversity. Other well-known companies named include: American Express Co., The Coca-Cola Co., and General Mills.

In 2000, MGM Resorts International became the gaming industry's first company to implement a voluntary diversity initiative. The company has since increased its number of Hispanic employees and business partners. Highlights of the initiative relative to the Hispanic community include:

  • In 2012, the Company expended more than $31 million in business with Hispanic-owned vendors and contractors.
  • Hispanics comprise more than 32 percent of MGM Resorts’ total workforce; more than 14 percent of MGM Resorts managers are Hispanic.
  • The Company offers several training and management development programs, including ESL (English as a Second Language) classes in order to recruit and develop employees.
  • MGM Resorts has established partnerships with numerous Hispanic national and local organizations, such as the Hispanic Association on Corporate Responsibility, National Council of La Raza, Las Vegas Latin Chamber of Commerce, and the Association of Latino Professionals in Finance and Accounting.

For more information regarding HispanicBusiness Media’s “2013 Best Companies for Diversity,” visit www.hispanicbusiness.com.

To learn more about MGM Resorts' Diversity and Inclusion Initiative and its engagement of the Hispanic community, please visit: www.mgmresorts.com/csr.

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% 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 and casino.  For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.

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MGM Resorts International

MGM Resorts International

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 and is in the process of developing a gaming resort in Cotai, 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 MGM Resorts International, visit the Company's website at www.mgmresorts.com.

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