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MGM News Release MD Supplier Town Hall

National Harbor, MD July 17, 2012 –MGM Resorts International (NYSE: MGM) demonstrated its commitment to Minority-, Women- and Disadvantaged-Owned Business Enterprise (MWDBE) suppliers and contractors during a virtual town hall meeting.  

“As the gaming industry's first company to implement a voluntary diversity initiative, MGM Resorts has demonstrated itself as a leader in Diversity and Inclusion, both locally and nationally,” said Phyllis A. James, Executive Vice President and Chief Diversity Officer in a meeting hosted by the Prince George's County Economic Development Corporation for local businesses regarding the proposed National Harbor casino.

James stated that the company’s leadership and commitment to being a responsible supply chain partner was rooted in the company’s core beliefs, culture, business operations and business systems.

“Since 2001, MGM Resorts has expended $1.2 billion with MWDBE suppliers and an additional $1.6 billion with MWDBE contractors and consultants,” James reported to the more than 100 participants in the forum.

James reviewed case studies of the company’s construction projects for two of its newest resorts and casinos in Detroit and Las Vegas, and shared success stories of MWDBEs that have shown considerable business growth after winning MGM Resorts contracts. 

In Detroit, 37 percent of the MGM Grand’s construction budget was awarded to 76 minority contractors with contracts exceeding $172 million. In Las Vegas, 200 minority contractors were involved in the construction of CityCenter, resulting in a total of more than $700 million. Since the inception of the company’s Supplier Diversity Program in 2001, MGM Resorts has contracted with more than 1,000 MWDBE suppliers and contractors.

“MGM Resorts’ solid track record of working with local and minority-owned businesses is a sure sign of the tremendous economic benefit the company would bring to Prince George’s County with the building of a National Harbor resort casino,” said Gwen McCall, President and CEO of Prince George's County Economic Development Corporation. 

MGM Resorts has been recognized by leading diversity publications including: DiversityInc, Black Enterprise and Hispanic Business Magazines for its commitment to Diversity and Inclusion. The company has additionally been named as the “Corporation of the Decade” and to the “Minority Business Hall of Fame” by the Nevada Minority Supplier Development Council.”

For more information about the MGM Resorts Diversity and Inclusion Initiative and the company’s additional social responsibility programs, please visit:

http://www.mgmresorts.com/files/company/AnnualCorporateSocialResponsibilityReport2011.pdf

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MGM Resorts International (NYSE: MGM) is one of the world’s leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life rewards program delivers exclusive access, one-of-a-kind experiences, insider privileges, personalized rewards and partnership offers for both gaming and non-gaming members at the Company's renowned resorts nationwide. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world. MGM Resorts International supports responsible gaming and has implemented the American Gaming Association’s Code of Conduct for Responsible Gaming at its gaming properties. The Company has been honored with numerous awards and recognitions for its industry-leading Diversity Initiative, its community philanthropy programs and the Company’s commitment to sustainable development and operations. For more information about MGM Resorts International, visit the Company’s website at www.mgmresorts.com.

Statements in this release which 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.

MEDIA CONTACT:

Rey Bouknight

MGM Resorts International 

 702-891-1846

rbouknight@mgmresorts.com