MGM Resorts International Named the 2020 "Responsibility" H.E.R.O.E.S. By the Western Regional Minority Supplier Development Council

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MGM Resorts International (NYSE: MGM) received the "Responsibility" H.E.R.O.E.S award from the Western Regional Minority Supplier Development Council for its leadership in inclusion and sustainable programs supporting Minority Businesses. This recognition highlights MGM's commitment to supplier diversity, with efforts focused on economic empowerment in Northern California, Nevada, and Hawaii. The company's procurement strategy aims to broaden its supplier base, fostering entrepreneurship and supporting over 760,000 jobs and $11 billion in revenue generated by minority businesses each year.

Positive

• Awarded the H.E.R.O.E.S award for leadership in supplier diversity.
• Commitment to including minority businesses in procurement enhances supplier base and societal contribution.
• Supports over 760,000 jobs and $11 billion in revenue generated by minority businesses annually.

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• None.

LAS VEGAS, Nov. 17, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) was the recipient of the "Responsibility" H.E.R.O.E.S award from the Western Regional Minority Supplier Development Council (WRMSDC) for the company's leadership in inclusion and sustainable programs that allow Minority Businesses (MBE) to thrive.

The H.E.R.O.E.S. award, which stands for Heart. Excellence. Responsibility. Opportunity. Equality. Service., is bestowed upon an organization in recognition of their commitment to supplier diversity, advancing minority business success, and building economic wealth in Northern California, Nevada, and Hawaii.

MGM Resorts International is a company that focuses on what matters and Inclusion of diverse suppliers in the commerce of our supply chain is a major priority in our global procurement program. The Company's objective is to provide business opportunities that promote the strategic objectives of quality and price competition. This provides diverse enterprises with economic opportunity, access to developmental guidance, capacity-building experience and the potential for repeat business critical to growth.

"At MGM Resorts, we know that having an inclusive procurement strategy widens our pool of potential suppliers, which in turn makes our overall supply chain more agile for our changing business needs," said Kenyatta Lewis, Executive Director of Supplier Diversity and Sustainable Sourcing for MGM Resorts International. "We also firmly believe that including MBEs in our procurement promotes entrepreneurship and is good for our society as a whole."

"WRMSDC applauds the incredible Corporate Members whose relentless commitment to supplier inclusion is moving the needle for economic equality in our communities. WRMSDC advocates for over 900 minority businesses, supports the Supplier Diversity efforts of over 460 Corporate Members. Every year, our minority businesses create over 760,000 jobs, generate over $11B in revenue, and contribute over $687.7M in taxes," says Tanya Nixon, WRMSDC Board Chairperson.  

ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 29 unique hotel and destination gaming offerings in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA and Park MGM. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" initiative, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.

Media Contact
Samantha Cummis
MGM Resorts International
scummis@mgmresorts.com  
973-800-4119

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SOURCE MGM Resorts International

FAQ

What award did MGM Resorts International receive?

MGM Resorts International received the "Responsibility" H.E.R.O.E.S award from the Western Regional Minority Supplier Development Council.

What is the purpose of the H.E.R.O.E.S award?

The H.E.R.O.E.S award recognizes organizations committed to supplier diversity and advancing minority business success.

Why is supplier diversity important to MGM Resorts?

Supplier diversity is important to MGM Resorts as it enhances their procurement strategy, broadens the supplier base, and promotes economic opportunities.

How many jobs do minority businesses supported by MGM Resorts create?

Minority businesses supported by MGM Resorts create over 760,000 jobs annually.

What revenue do minority businesses generate each year?

Minority businesses generate over $11 billion in revenue each year.