MGM RESORTS INTERNATIONAL RELEASES 2023 SOCIAL IMPACT AND SUSTAINABILITY REPORT

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MGM Resorts International released its 2023 Social Impact and Sustainability Report, showcasing its commitment to social impact, sustainability, and innovation. The report highlights employee volunteer efforts, innovative water stewardship projects, energy savings goals achievement, and workforce development initiatives. The company's focus on diversity, equity, inclusion, philanthropy, community engagement, and environmental sustainability aligns with the United Nations Sustainable Development Goals. MGM Resorts aims to create a more sustainable future while making a positive impact on employees, guests, and communities.

Positive

• MGM Resorts highlights its commendable giving and volunteering efforts, with over 82,000 volunteer hours donated and $20 million in grants and contributions to nonprofit organizations.

• The company's use of innovative technologies for water stewardship and energy savings demonstrates its commitment to sustainability.

• Celebration of 20 years of Borgata Hotel Casino & Spa with investments in local nonprofit organizations for workforce development opportunities.

• MGM Resorts' emphasis on diversity, equity, inclusion, philanthropy, community engagement, and environmental sustainability aligns with the United Nations Sustainable Development Goals.

Negative

• None.

"Our Culture and Enduring Legacy"

LAS VEGAS, May 1, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the publication of its 2023 Social Impact and Sustainability Report. The report details the Company's continuing and steadfast commitment to its Social Impact and Sustainability principles of embracing humanity and protecting the planet and building a legacy for generations to come. The report also highlights strategies, programs and performance focused on creating a more sustainable future and making a positive impact on the lives of employees, guests and communities.

"Our legacy is grounded in being visionaries and working together to achieve the ambitious goals we set as a business," said Bill Hornbuckle, CEO and President of MGM Resorts. "In 2023, we were able to make a positive impact on several social and environmental causes in the communities where we operate and leverage innovative technologies to better support sustainable cities."

Highlights and accomplishments outlined in the report include:

• The commendable giving and volunteering efforts of MGM Resorts employees, with more than 82,000 volunteer hours donated and more than $20 million in collective grants and charitable contributions to hundreds of nonprofit organizations.
• The Company's use of innovative technologies for advancing water stewardship through collaboration with the Southern Nevada Water Authority, WaterStart and the Las Vegas Grand Prix.
• Recognition from the U.S. Department of Energy for achieving energy savings goals as a partner in the Better Buildings Challenge.
• The celebration of 20 years of Borgata Hotel Casino & Spa in the Atlantic City community with investment in local nonprofit organizations that provide workforce development opportunities.
• Stories of how MGM Resorts recognizes, celebrates and engages employees through mentorship, networking and professional development opportunities.

"Our people are the foundation of our company and its enduring heritage and culture," said Jyoti Chopra, Chief People, Inclusion and Sustainability Officer. "It is through the steadfast commitment of our teams at all our properties and locations that we have been able to make great strides in environmental sustainability, philanthropy and diversity, equity and inclusion in 2023."

In 2019, MGM Resorts developed a bold social impact plan called "Focused on What Matters: Embracing Humanity and Protecting the Planet," which included concrete long-term goals to guide the company's commitment to social impact and sustainability. The framework for these goals aligns with the United Nations Sustainable Development Goals and is centered on three pillars: fostering diversity, equity and inclusion, philanthropy and community engagement, and environmental sustainability.

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 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. 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" philosophy, 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. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.

MGM RESORTS CONTACTS:

Crystal McNeal
Executive Director, Internal Brand and Social Impact & Sustainability Communications
cmcneal@mgmresorts.com
702-918-0296 

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SOURCE MGM Resorts International

FAQ

What does the 2023 Social Impact and Sustainability Report by MGM Resorts International focus on?

The report focuses on the company's commitment to social impact, sustainability, diversity, equity, inclusion, philanthropy, community engagement, and environmental sustainability.

What are some highlights outlined in the report?

Highlights include employee volunteer efforts, innovative water stewardship projects, energy savings goals achievement, and workforce development initiatives.

How does MGM Resorts International aim to create a more sustainable future?

MGM Resorts aims to create a more sustainable future by focusing on social impact, sustainability, and innovation, aligned with the United Nations Sustainable Development Goals.

What is the philosophy of MGM Resorts International regarding social impact and sustainability?

MGM Resorts commits to creating a more sustainable future while making a positive impact on employees, guests, and communities through its 'Focused on What Matters: Embracing Humanity and Protecting the Planet' philosophy.