/Tag: mgm


MGM Resorts International Appoints Corey Sanders as CFO and Bill Hornbuckle as President and COO

MGM Resorts International | February 22, 2019

LAS VEGAS, Feb. 22, 2019 -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced changes to its leadership team and a streamlining of responsibilities to empower leaders to drive the Company's strategic direction and implement change as part of its MGM 2020 initiative. Current Chief Operating Officer Corey Sanders will be appointed Chief Financial Officer and will lead the strategic financial transformation that is part of MGM 2020 and will integrate that work with the departments he currently leads including information technology, enterprise analytics, sales and consumer market...

Longtime Gaming Executive Bobby Baldwin to Leave MGM Resorts International

MGM Resorts International | October 5, 2018

LAS VEGAS, Oct. 5, 2018 -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") today announced that Robert Baldwin, Chief Customer Development Officer of MGM Resorts and CEO and President of CityCenter, will be leaving his positions at both companies later this year. Few have played a more central role in the growth and transformation of the gaming industry than Bobby, and his contributions over more than three decades are immeasurable. MGM Resorts thanks Bobby for all he has done for the company and all he has meant to this industry and wishes him the best for the future. ...

MGM Resorts to Acquire Operations of the Hard Rock Rocksino in Northfield, Ohio from MGM Growth Properties for $275 million

MGM Resorts International | September 19, 2018

LAS VEGAS, Sept. 19, 2018 -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) today announced that they have entered into an agreement whereby MGM Resorts will acquire all of the operating assets of the Hard Rock Rocksino Northfield Park (the "Rocksino") from MGP and lease the real property associated with the Rocksino from a subsidiary of MGP. MGM Resorts will pay total consideration of approximately $275 million, subject to customary working capital and other adjustments. The Rocksino will be added to the existing master lease between MGM Resorts and ...

CityCenter Holdings Closes on Sale of Mandarin Oriental Las Vegas

CityCenter | August 31, 2018

LAS VEGAS, Aug. 31, 2018 -- CityCenter Holdings, LLC ("CityCenter"), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp, today announced that it has closed on the sale of the Mandarin Oriental Las Vegas and adjacent retail parcels for $214 million in cash. CityCenter expects to use the proceeds from the sale to pay a dividend to its shareholders. "CityCenter has continued to deliver strong operating results and has cemented itself as a premier luxury destination in Las Vegas," said Jim Murren, Chairman and Chief Executive Officer of MGM Resorts International. "As a result...

Suning Real Estate and MGM Plan June 2018 Launch of New Bellagio Shanghai

Suning | May 23, 2018

SHANGHAI, May 23, 2018 -- Suning Real Estate - a subsidiary of China's commercial giant Suning Holdings Group - and MGM will officially launch a new Bellagio Shanghai on 8 June 2018, marking the first international hotel to follow the famous Bellagio Towers of Las Vegas. Ideally located on the banks of the Suzhou River, the art-deco inspired Bellagio Shanghai boasts panoramic views of the futuristic Pudong skyline, the Bund's famed waterfront promenade and the Lujiazui financial district. With nearby locations including Nanjing Road, one of the world's busiest shopping streets, and China'stallest building, the 632 metre ...

MGM Resorts International Plans August Opening of $960 Million MGM Springfield in Western Massachusetts

MGM Resorts International | April 26, 2018

SPRINGFIELD, MASS. (April 26, 2018) – Expanding its presence on the East Coast, MGM Resorts International will open the doors to MGM Springfield, New England's first integrated luxury resort and entertainment destination, on Friday, August 24, 2018. "A testament to a decade of collaboration between the City of Springfield and MGM Resorts, MGM Springfield will pay tribute to the city's legacy and celebrate its bright future, while introducing a stellar array of hospitality and entertainment experiences that will attract guests from New England and beyond," said Michael Mathis, President of MGM Springfield. "We are incredibly proud ...

MGM Resorts International Appoints Kelly Smith Senior Vice President and Chief Digital Officer

MGM Resorts International | September 5, 2017

LAS VEGAS, Sept. 5, 2017 -- MGM Resorts International (NYSE:MGM) today announced the appointment of Kelly Smith as Senior Vice President and Chief Digital Officer for MGM Resorts International. Smith will be based in Las Vegas and report directly to Lilian Tomovich, Chief Experience & Marketing Officer at MGM Resorts. In this role, he will be responsible for providing strategic digital leadership to enhance guest experiences across the portfolio of brands. "We are thrilled to have Kelly join our team," said Tomovich. "As a global entertainment brand, with customers at the center of our business, our Company's comm...

MGM Resorts Expands Policy Presence by Opening a Washington, D.C. Office

MGM Resorts International | January 13, 2017

LAS VEGAS, Jan. 13, 2017 -- MGM Resorts International (NYSE:MGM) today announced plans to expand its policy footprint at the federal level. With the opening of MGM National Harbor in Maryland and the continued expansion of the organization to over 71,000 employees in locations nationally and internationally, an expanded Washington, D.C. presence will better support the company's overall public policy efforts. The office will be led by Ayesha Khanna as senior vice president for federal government affairs. Khanna joins an established team that spans the country, including Norman Ross, vice president of federal government affairs, loca...

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