MGM MIRAGE Once Again Recognized For Helping to Expand Multicultural Business Opportunities
LAS VEGAS - Feb. 5, 2010 - Diverse business owners say MGM MIRAGE is one of the best companies in the United States for providing high-quality support and purchasing opportunities for women-owned and minority-owned businesses.
Over 600,000 diverse business owners were asked to participate in an online election sponsored by DiversityBusiness.com to select the top 50 organizations that show the greatest commitment to promoting multicultural commerce.
This is the fourth year in a row that MGM MIRAGE has been named to the "Top 50" list. Other prominent companies on this year's list include Dell, Coca-Cola, AT&T, Toyota, Office Depot and Home Depot.
To formalize the honor, DiversityBusiness.com will present its "Div50" award to MGM MIRAGE at its "10th Annual Multicultural Business Awards Ceremony and Conference" to be held April 27-29 in Washington, DC.
"Your company's commitment to diversity is clearly recognized and valued throughout the nation's multicultural business community, and this award is formal recognition of the respect that you hold among business enterprises in this growing economic sector," said Kenton Clarke, President and CEO of DiversityBusiness.com
During 2008 (latest audited figures available), MGM MIRAGE spent $174 million in biddable goods and services with minority-, women- and disadvantaged-owned business enterprises (MWDBEs). The company has a purchasing division exclusively dedicated to supplier diversity.
Throughout the entirety of the five-year construction of CityCenter, North America's largest private development, MGM MIRAGE spent a total $700 million with MWDBEs. DiversityBusiness.com is the nation's primary resource portal for small businesses and large organizational buyers. Its small business clients include more than 650,000 diversity-owned businesses in the U.S. in sectors such as technology, manufacturing, food service and professional services. This website is a membership-based exchange platform that facilitates contacts and communication, provides supplier diversity tools, streamlines business processes and disseminates vital business news and information. DiversityBusiness.com works to match small businesses with purchasing agents who represent large organizations.
About MGM MIRAGE
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected companies with significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in four other properties in Nevada, New Jersey, Illinois and Macau. CityCenter, an unprecedented urban metropolis on the Las Vegas Strip, is a joint venture between MGM MIRAGE and Infinity World Development Corp, a subsidiary of Dubai World. MGM MIRAGE Hospitality has entered into management agreements for casino and non-casino resorts throughout the world.
MGM MIRAGE supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE has received numerous awards and recognitions for its industry-leading Diversity Initiative and its community philanthropy programs. For more information about MGM MIRAGE, please visit the Company's Web site at http://www.mgmmirage.com.
MGM MIRAGE Public Affairs
3260 Industrial Road, Las Vegas NV 89109
Office (702) 650-6942
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