MGM RESORTS INTERNATIONAL EMPLOYEES PLEDGE $5 MILLION TO HELP NONPROFIT ORGANIZATIONS AND PROGRAMS SERVING COMMUNITIES
Las Vegas, August 25, 2014 /3BL Media/ - MGM Resorts International (NYSE: MGM) employees have pledged more than $5 million this year to support nonprofit organizations serving the resort company’s host communities in Nevada, Michigan and Mississippi, as well as other regional and national nonprofit organizations. This year’s campaign results mark the largest since the 2008 recession, and will support more than 1,400 charities through grants and donations distributed by The MGM Resorts Foundation.
“Once again, our employees have gone above and beyond to support those in our communities in need, and I am inspired by their generosity even more than before,” said Jim Murren, Chairman and CEO of MGM Resorts International. “I am proud of our employees and their enthusiasm to help not only the guests of our resorts, but also the members of our communities.”
Celebrating its 12th anniversary, The MGM Resorts Foundation has raised more than $59 million (including 2014 donations) to support charitable organizations. MGM Resorts covers all of the administrative costs required to raise and disburse the Foundation’s funds so that every dollar donated by an employee can go directly to the community.
Fifty-one percent of the company’s 62,000 employees have pledged to donate money to community nonprofits through cash and payroll donations, as well as Foundation-hosted fundraising events this year. This participation rate is the highest achieved by employees since the recession.
“MGM Resorts and our employees recognize that there is a lot of need in our communities but we’re committed to help. By working together, we have helped tens of thousands of people this past year. There is no better feeling than knowing we can make such an impact and touch so many lives,” said Sherry Maatta, Assistant Director of Attractions at Circus Circus and a member of the Foundation’s grant-making Employee Grant council.
Examples of community services supported by the Foundation’s grants this year include:
· Children and Youth: Community-based programs which focus on the overall development and well-being of children and youth considered at-risk.
· Education: Public education programs which enhance student learning, from kindergarten through higher education.
· Hunger Relief: Food bank distribution programs that provide children, families and other individuals, access to food they otherwise would not have.
· Mental Health and Substance Abuse: Recovery and counseling programs that help families, children and individuals affected by addictive behaviors, mental health problems, or other special life circumstances.
For more information about MGM Resorts International’s commitment to philanthropy and community engagement, please visit: www.mgmresorts.com/csr.
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MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating 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.
MEDIA CONTACTS:
Rey Bouknight
MGM Resorts International
702-891-1846
