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William Grounds Elected to MGM Resorts International Board of Directors


LAS VEGAS, Feb. 12, 2013 -- MGM Resorts International (NYSE: MGM) announced today the Company's Board of Directors has elected William Grounds to serve as a member of its Board of Directors.
 
Chairman and CEO Jim Murren said, "We welcome Bill Grounds and look forward to working with him as a member of our Board of Directors. Bill has tremendous international development experience. He has demonstrated his strong business background serving as the Las Vegas representative of Infinity World, while working with us during the development and opening phases of our CityCenter joint venture."

Mr. Grounds is a Director and President of Infinity World Development Corp. (Infinity World), an affiliate of Dubai World. He serves as a member of the Board of Directors for CityCenter Holdings, LLC; Infinity World; and Grand Avenue LA. Prior to joining Infinity World, Mr. Grounds served as CEO of Property and Finance for MFS Group and has held various senior positions in the real estate investment and development industry throughout his career.

Infinity World Investments LLC and its affiliates currently own approximately 5.3% of the outstanding common stock of the Company. MGM Resorts and Infinity World each own a 50% interest in CityCenter in Las Vegas.

About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of 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.

Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the Company's public filings with the Securities and Exchange Commission.

Contact: 

Investment Community
Daniel D'Arrigo
Executive Vice President, CFO & Treasurer
+1-702-693-8895

or

News Media
Alan M. Feldman
Senior Vice President of Public Affairs
+1-702- 891-1840
 afeldman@mgmresorts.com

.
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Also See: Cadillac Fairview Corporation Limited and MGM Resorts International Form 50/50 Joint Venture for Development and Operation of an Integrated Resort Complex in the Greater Toronto Area / February 2013

With Official Transfer of Real Estate Complete, MGM Resorts Can Begin Construction on $2.5 billion 1,600-room Luxury Gaming Resort in Cotai, Macau / January 2013

MGM Resorts International Names Bill Hornbuckle President & Chief Marketing Officer / December 2012

MGM Resorts International Subsidiary, MGM China Holdings, Receives Approval To Develop a $2.5 billion, 1,600- room, Five-Star Luxury Gaming Resort In Cotai, Macau / October 2012

MGM Resorts International Enters Into Agreements with Ms Pansy Ho Governing Proposed Initial Public Offering of Macau Joint Venture, MGM China Holdings Limited; Ownership to be Structured as 51% MGM, 29% Ms. Ho and 20% Public Shareholders / April 2011

MGM Resorts International to Name Kirk Kerkorian as Director Emeritus / April 2011

MGM Resorts International Launches M Life Loyalty Program, Focusing on Experiential Rewards / January 2011

MGM Resorts International Appoints George P. Corchis to President and COO of Regional Operations for MGM Resorts International and Steve Zanella to GM of MGM Grand Detroit / September 2010

MGM MIRAGE Proposing to Rebrand as MGM Resorts International to Better Represent Global Presence and Maintain Connection to Historic Past / April 2010
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