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MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER

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MGM Resorts International has promoted Ari Kastrati to Chief Content, Hospitality and Development Officer, effective immediately. In his expanded role, Kastrati will oversee global design and development efforts, sports and entertainment partnerships, while continuing to drive the company's hospitality strategy, including food and beverage and nightlife concepts. He will also lead lifestyle, retail, leasing, and arts divisions, reporting directly to CEO Bill Hornbuckle.

Kastrati, who joined MGM Resorts in 2010, previously served as Chief Hospitality Officer and has over 25 years of industry experience. He has been important in developing the company's portfolio of dining and nightlife destinations and will now play a larger role in MGM's expansion into luxury destinations globally.

MGM Resorts International ha promosso Ari Kastrati a Chief Content, Hospitality and Development Officer, con effetto immediato. Nel suo ruolo ampliato, Kastrati supervisionerà gli sforzi di design e sviluppo a livello globale, le partnership nel settore sportivo e dell'intrattenimento, continuando a guidare la strategia di ospitalità dell'azienda, inclusi i concetti di cibo e bevande e vita notturna. Inoltre, guiderà le divisioni lifestyle, retail, leasing e arti, riferendo direttamente al CEO Bill Hornbuckle.

Kastrati, che è entrato a far parte di MGM Resorts nel 2010, in precedenza ha ricoperto il ruolo di Chief Hospitality Officer e vanta oltre 25 anni di esperienza nel settore. È stato fondamentale nello sviluppo del portafoglio di destinazioni gastronomiche e per la vita notturna dell'azienda e ora avrà un ruolo più ampio nell'espansione di MGM in destinazioni di lusso a livello globale.

MGM Resorts International ha promovido a Ari Kastrati como Chief Content, Hospitality and Development Officer, con efecto inmediato. En su rol ampliado, Kastrati supervisará los esfuerzos de diseño y desarrollo global, así como las asociaciones deportivas y de entretenimiento, mientras continúa impulsando la estrategia de hospitalidad de la empresa, que incluye conceptos de comida y bebida y vida nocturna. También liderará las divisiones de estilo de vida, retail, arrendamiento y artes, reportando directamente al CEO Bill Hornbuckle.

Kastrati, quien se unió a MGM Resorts en 2010, anteriormente ocupó el cargo de Chief Hospitality Officer y tiene más de 25 años de experiencia en la industria. Ha sido importante en el desarrollo del portafolio de destinos gastronómicos y de vida nocturna de la empresa y ahora desempeñará un papel más grande en la expansión de MGM hacia destinos de lujo en todo el mundo.

MGM 리조트 인터내셔널은 아리 카스트라티를 콘텐츠, 환대 및 개발 책임자로 즉시 승진시켰습니다. 그의 확대된 역할에서 카스트라티는 글로벌 디자인 및 개발 노력, 스포츠 및 엔터테인먼트 파트너십을 감독하고 회사의 환대 전략, 즉 음식 및 음료, 야간 유흥 개념을 지속적으로 추진할 것입니다. 그는 또한 라이프스타일, 소매, 임대 및 예술 부서를 이끌며 CEO 빌 혼바클에게 직접 보고합니다.

2010년 MGM 리조트에 합류한 카스트라티는 이전에 환대 책임자를 역임했으며 25년 이상의 산업 경험을 가지고 있습니다. 그는 회사의 식사 및 야금문화 목적지 포트폴리오 개발에서 중요한 역할을 했으며 이제는 MGM의 럭셔리 목적지 글로벌 확장에서 더 큰 역할을 하게 될 것입니다.

MGM Resorts International a promu Ari Kastrati au poste de Chief Content, Hospitality and Development Officer, avec effet immédiat. Dans son rôle élargi, Kastrati supervisera les efforts de design et de développement à l'échelle mondiale, ainsi que les partenariats dans les domaines du sport et du divertissement, tout en continuant à piloter la stratégie d'hospitalité de l'entreprise, y compris les concepts de restauration et de vie nocturne. Il dirigera également les divisions style de vie, vente au détail, location et arts, rendant compte directement au PDG Bill Hornbuckle.

Kastrati, qui a rejoint MGM Resorts en 2010, a précédemment occupé le poste de Chief Hospitality Officer et possède plus de 25 ans d'expérience dans l'industrie. Il a joué un rôle clé dans le développement du portefeuille de destinations gastronomiques et de vie nocturne de l'entreprise et jouera maintenant un rôle plus important dans l'expansion de MGM vers des destinations de luxe à l'échelle mondiale.

MGM Resorts International hat Ari Kastrati zum Chief Content, Hospitality and Development Officer befördert, mit sofortiger Wirkung. In seiner erweiterten Rolle wird Kastrati die globalen Design- und Entwicklungsaktivitäten sowie Partnerschaften im Bereich Sport und Unterhaltung überwachen, während er weiterhin die Hospitality-Strategie des Unternehmens, einschließlich Gastronomie und Nachtleben, vorantreibt. Er wird auch die Abteilungen Lifestyle, Einzelhandel, Leasing und Kunst leiten und direkt an CEO Bill Hornbuckle berichten.

Kastrati, der 2010 zu MGM Resorts kam, war zuvor Chief Hospitality Officer und verfügt über mehr als 25 Jahre Branchenerfahrung. Er war maßgeblich an der Entwicklung des Gastronomie- und Nachtleben-Portfolios des Unternehmens beteiligt und wird nun eine größere Rolle bei der globalen Expansion von MGM in Luxusziele spielen.

Positive
  • Executive promotion indicates internal stability and succession planning
  • Consolidation of key strategic roles under single leadership suggests operational efficiency
  • Expansion of luxury destinations indicates growth strategy
Negative
  • None.

LAS VEGAS, Dec. 5, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the promotion of Ari Kastrati to Chief Content, Hospitality and Development Officer, effective immediately. In his new role, Kastrati will oversee the Company's global design and development efforts and sports and entertainment partnerships. He also will continue to drive the Company's hospitality strategy, including the development of food and beverage and nightlife concepts, and lead the Company's lifestyle, retail, leasing, and arts divisions. He will report to MGM Resorts CEO & President Bill Hornbuckle and serve on the Company's Executive Committee. 

"Ari has long played an integral role in making MGM Resorts the world's premier gaming entertainment Company," said Hornbuckle. "He has a keen sense of what consumers want, and what is cutting edge in global luxury and entertainment. His expertise will be essential as our Company continues to develop marquee experiences in Las Vegas and beyond and create unparalleled resorts with world-class design in some of the world's pre-eminent gaming markets."

Kastrati joined MGM Resorts in 2010 and most recently served as Chief Hospitality Officer, where he oversaw the Company's Hospitality Center of Excellence, and has been instrumental in developing a leading portfolio of dining and nightlife destinations. Kastrati worked at several premium hospitality companies before joining MGM Resorts and has more than 25 years of experience in the industry.

"MGM Resorts is continuing to extend into some of the world's most exciting luxury destinations, and I am thrilled to play a bigger role in our growth," said Kastrati. "It's an honor to not just grow within the Company but serve in an expanded leadership role, and I look forward to helping the company redefine the gaming entertainment experience for our guests, in Las Vegas and globally."

ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and 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, and the Company's subsidiary, LeoVegas AB, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe. 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. 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.

Forward Looking Statements:

Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in the Company's public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. The Company has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, the Company's expectations regarding the execution of its gaming and entertainment strategy. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise, and the Company may not be able to realize them. The Company does not guarantee that the transaction or other events described herein will happen as described (or that they will happen at all). These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks related to the economic and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

CONTACT: media@mgmresorts.com

 

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SOURCE MGM Resorts International

FAQ

What is Ari Kastrati's new role at MGM Resorts (MGM)?

Ari Kastrati has been promoted to Chief Content, Hospitality and Development Officer at MGM Resorts, overseeing global design, development, sports and entertainment partnerships, hospitality strategy, and leading lifestyle, retail, leasing, and arts divisions.

When did Ari Kastrati join MGM Resorts (MGM)?

Ari Kastrati joined MGM Resorts in 2010 and most recently served as Chief Hospitality Officer before his promotion.

What will Ari Kastrati oversee in his new position at MGM Resorts (MGM)?

In his new role, Kastrati will oversee MGM's global design and development efforts, sports and entertainment partnerships, hospitality strategy, food and beverage concepts, nightlife, and lead the company's lifestyle, retail, leasing, and arts divisions.

MGM RESORTS INTERNATIONAL

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