MGM Resorts & NFLPA to collaborate on original content and events LAS VEGAS, Jan. 27, 2023 /PRNewswire/ — MGM Resorts International (NYSE: MGM) announced today a multi-year agreement to become a hospitality and strategic partner of the National Football League Players Association (NFLPA). Under the agreement, the two sides will collaborate on creating new content and fan…
LAS VEGAS, Oct. 6, 2022 /PRNewswire/ — MGM Resorts International (NYSE: MGM) (“MGM Resorts” or the “Company”) has been recognized by the Institute for Supply Management® as a 2022 ISM Supply Chain Trailblazer Organizational Award recipient. Specifically, MGM Resorts was honored as a diversity champion for its accomplishments in advancing diversity within the organization and profession. The ISM Supply…
BEIJING, July 5, 2022 /PRNewswire/ — Diaoyutai MGM Hospitality announced today it has signed a hotel management agreement with Shanghai West Bund Development (Group) Co., Ltd. to bring the famous MGM brand to Shanghai West Bund, the high-quality CAZ (Central Activity Zone) that carries the core functions of global cities. As part of the agreement, MGM will…
Purchase price represents an approximate 11 times multiple on average Adjusted Property EBITDA from 2019-2021 LAS VEGAS, June 9, 2022 /PRNewswire/ — MGM Resorts International (NYSE: MGM) (“MGM Resorts” or the “Company”) today announced that it has reached an agreement to sell the operations of Gold Strike Tunica (“Gold Strike”) to Cherokee Nation Entertainment Gaming Holdings, LLC (“CNE”),…
LAS VEGAS, Sept. 28, 2021 /PRNewswire/ — MGM Resorts International (NYSE: MGM) today announced that MGM Japan, together with its joint-venture partner ORIX, has been selected by Osaka as the region’s integrated resort partner. Osaka’s selection of the MGM-ORIX consortium marks an important step in MGM’s long-term bid to develop one of Japan’s first integrated resorts….
LAS VEGAS, Sept. 27, 2021 /PRNewswire/ — MGM Resorts International (the “Company” or “MGM Resorts”) (NYSE: MGM) today announced that the Company has entered into a definitive agreement with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (the “property” or “The Cosmopolitan”) for cash consideration of $1.625 billion, subject to customary working capital…
MGP to be acquired by VICI in stock-for-stock transaction valuing MGP at $17.2 billion LAS VEGAS, Aug. 4, 2021 /PRNewswire/ — MGM Resorts International (“MGM Resorts” or the “Company”) (NYSE: MGM) today announced that it has entered into a definitive agreement with VICI Properties Inc. (“VICI”) (NYSE: VICI) and MGM Growth Properties LLC (“MGP”) (NYSE: MGP)…
LAS VEGAS, July 1, 2021 /PRNewswire/ — MGM Resorts International (“MGM Resorts” or the “Company”) (NYSE: MGM) today announced that it has entered into a definitive agreement to purchase Infinity World Development Corp’s (“Infinity World”) 50 percent interest in CityCenter Holdings, LLC for $2.125 billion. The purchase price represents an implied valuation of $5.8 billion based…
MGM Resorts’ Mega Solar Array is hospitality industry’s largest directly sourced renewable electricity project worldwide Company aims to source 100% renewable electricity in U.S. and 80% globally by 2030 From Left to Right: U.S. Sen. Jacky Rosen (D-NV), MGM Resorts International President & CEO Bill Hornbuckle, U.S. Sen. Catherine Cortez-Masto (D-NV), MGM Resorts International Board…
ATLANTIC CITY, N.J., June 18, 2021 /PRNewswire/ — Travelers from up to 75 departure cities across the U.S. can now escape to Borgata Hotel Casino & Spa, MGM Resorts International’s destination resort on the East Coast, with flight service via Sun Country Airlines® into Atlantic City International Airport (ACY). Through MGM Direct, the company’s charter…
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