MGM MIRAGE Named One of Black Enterprise's '40 Best Companies for Diversity'
01 Julho 2008 - 8:02PM
PR Newswire (US)
LAS VEGAS, July 1 /PRNewswire-FirstCall/ -- For the fourth
consecutive year, Black Enterprise (BE) magazine has named MGM
MIRAGE one of the "40 Best Companies for Diversity" in the U.S. MGM
MIRAGE is the only company in the gaming industry named to the
list. "MGM MIRAGE clearly takes its diversity efforts seriously,"
said BE Editorial Director Sonia Alleyne. "Having fostered an
environment where diversity is an imperative, they have excelled in
all four key areas: supplier diversity, senior management, board
involvement, and employee base. We congratulate the company as one
of only two companies to hit this target in 2008." Black Enterprise
praised MGM MIRAGE for developing the Diversity Champion Training
Program, the first in-depth educational program of its kind in the
gaming industry. The company was also one of two on the Top 40 list
to outperform its peers in each of the evaluated categories:
supplier diversity, senior management, corporate governance and
employee population. In order to select the best companies, BE
surveyed diversity executives and CEOs of the top 1,000 publicly
traded companies in the U.S., as well as diversity executives of
the top 50 global companies with strong U.S. operations. Each
company had the opportunity to respond to questions about their
diversity practices. The companies were ranked following evaluation
and consultation by the BE editorial staff. Over the past several
years MGM MIRAGE has experienced success in integrating diversity
into its core business practices. In 2000, MGM MIRAGE became the
gaming industry's first company to implement a voluntary diversity
initiative. MGM MIRAGE recently presented its Annual Diversity
Report that highlighted the company's diversity performance in
2007. Last year, the company spent $1.7 billion on biddable goods
and services with minority, women and disadvantaged enterprises
(MWDBEs). In construction alone, of the $2.1 billion in
expenditures, $362 million was spent with MWDBEs and $73 million
was spent with women-owned businesses. Internally, the company's
minority employee representation totaled more than half of the
workforce at 60.8 percent. African Americans represent 12.4 percent
of the workforce. The complete list of BE's "40 Best Companies for
Diversity" is featured in the July issue. About MGM MIRAGE: MGM
MIRAGE (NYSE:MGM), one of the world's leading and most respected
development companies with significant holdings in gaming,
hospitality and entertainment, owns and operates 17 properties
located in Nevada, Mississippi and Michigan, and has 50%
investments in four other properties in Nevada, New Jersey,
Illinois and Macau. MGM MIRAGE is developing major casino and
non-casino resorts, separately and with partners in Las Vegas,
Atlantic City, the People's Republic of China and Abu Dhabi, U.A.E.
MGM MIRAGE supports responsible gaming and has implemented the
American Gaming Association's Code of Conduct for Responsible
Gaming at its properties. MGM MIRAGE has received numerous awards
and recognitions for its industry-leading Diversity Initiative and
its community philanthropy programs. For more information about MGM
MIRAGE, please visit the company's website at
http://www.mgmmirage.com/. DATASOURCE: MGM MIRAGE CONTACT: Reggie
Burton, +1-702-650-7438, , or Laura Garcia, +1-702-650-7439, , both
of MGM MIRAGE Web site: http://www.mgmmirage.com/
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