MGM RESORTS INTERNATIONAL EARNS NATIONAL DIVERSITY HONOR
LAS VEGAS – March 7, 2011 – MGM Resorts International has been named among the top U.S. companies for diversity best practices in a prominent national competition.
MGM Resorts was named to DiversityInc’s list of “25 Noteworthy Companies” list, marking the sixth time that the Company has been recognized for its Diversity initiative by the benchmarking organization. The “DiversityInc Top 50 Companies for Diversity” list and the “25 Noteworthy Companies” list rank companies based on the results of DiversityInc’s annual survey.
MGM Resorts is the only company headquartered in Nevada to be named to the list.
“Achieving consistent placement of MGM Resorts on the DiversityInc lists is testament to the fact that our Diversity initiative is one of the most sincere, integrated and effective programs in the United States,” said Phyllis James, MGM Resorts International Executive Vice President, Chief Counsel-Special Litigation, and Chief Diversity Officer. “This is yet another banner accomplishment for our Company.”
MGM Resorts was previously named to DiversityInc’s “Top 50” list in 2006, 2007, 2009, and 2010 and was commended by DiversityInc as a “Noteworthy Company” in its 2008 awards competition.
DiversityInc's 200-question annual survey is divided into four parts: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity.
The MGM Resorts Diversity Initiative was launched in 2000 and recently celebrated its 10th Anniversary.
Some of the Initiative’s milestones include:
- Since the start of the Company’s two-day Diversity Champion Training Workshop, MGM Resorts has graduated more than 11,000 Diversity Champions.
- Since 2001, MGM Resorts has expended a cumulative total of more than $1 billion with Minority- and Women-Owned Business Development Enterprises (MWBDE) suppliers, which is nearly 11 percent of the Company’s total biddable spend for goods and services.
- Since 2001, MGM Resorts has expended a cumulative total of more than $1.5 billion with MWBDEs in construction work, including professional consultants and contractors.
- About 61 percent of the Company’s 62,000 employees are minorities. In the management ranks, about 44 percent of employees in the supervisory ranks are women, and 36 percent of employees in the supervisory ranks are minorities.
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, Illinois and Macau. The Company's 50% economic interest in Borgata Hotel Casino Spa in Atlantic City, which is held in trust, is currently offered for sale. CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino, is a joint venture between MGM MIRAGE and Infinity World Development Corp, a subsidiary of Dubai World. Other major holdings include Bellagio, MGM Grand, Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxor, Excalibur, and Circus Circus. 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, its community philanthropy programs and the Company's commitment to sustainable development and operations. For more information about MGM MIRAGE, please visit the Company's Web site at www.mgmmirage.com.
3260 Industrial Road, Las Vegas NV 89109
Office (702) 650-6942
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