Such as Human Resources, Purchasing, Construction
and Corporate Philanthropy
LAS VEGAS, May 23, 2007 - MGM MIRAGE today announced that its Diversity Initiative continues to experience gains in key areas such as human resources, strategic sourcing, construction and corporate philanthropy. Details of the company's performance are published in its Annual Diversity Report released today.
Since 2000, MGM MIRAGE has reported its diversity performance to demonstrate transparency and accountability. This year the report focused on the evolution of the voluntary initiative and its transformative impact on the company's culture, employees, suppliers and business relationships and in the communities where it has operations.
"I am proud to report that on its seventh anniversary,
our Diversity Initiative is robust, dynamic and growing in impact -- both
within our company and beyond," said MGM MIRAGE Chairman and CEO Terry
Lanni. "In our report for 2006, every empirical benchmark by which we evaluate
our diversity gains showed upward momentum. But more than that, a hallmark
of diversity is the opportunity it creates for success that transforms
lives -- of our employees, our suppliers, our business partners and our
According to Lanni, MGM MIRAGE's Diversity Initiative transcends the race and gender platforms that often underlay traditional diversity efforts. "We are incorporating a comprehensive global perspective into our diversity matrix. As we extend our brands and business operations across the world, we must be ready to meet the challenges of business in a global environment. Through our Diversity Initiative we are not only better preparing our workforce to embrace our multicultural customers from across America and abroad, but we are also envisioning how diversity values will assimilate into our operations in foreign venues," Lanni said.
More than 1,100 employees, suppliers, contractors and community and business leaders from throughout the U.S. gathered in Las Vegas to learn about the company's 2006 diversity results. Summarized below are highlights of the report:
Human ResourcesAbout MGM MIRAGE:
MGM MIRAGE (NYSE: MGM - News), one of the world's leading and most respected hotel and gaming companies, owns and operates 19 properties located in Nevada, Mississippi and Michigan, and has investments in three other properties in Nevada, New Jersey and Illinois. The Company has entered into an agreement to sell its Colorado Belle and Edgewater properties located in Laughlin, Nevada. In addition, the Company has major new developments under construction in Nevada, Michigan and Macau S.A.R. CityCenter is a multi-billion dollar mixed-use urban development in the heart of the Las Vegas Strip; a new MGM Grand hotel and casino complex is being built in downtown Detroit; and the Company has a 50% interest in MGM Grand Macau, a hotel-casino resort currently under construction in Macau S.A.R. MGM MIRAGE supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE also has been the recipient of 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 website at http://www.mgmmirage.com.
Global Hyatt Corporation
|Also See:||Talbot S.A. Opens Seventh Holiday Inn Express, the 105 room Holiday Inn Express in Puerto Montt, Chile / January 2006|
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