LAS VEGAS, Sept. 16 /PRNewswire-FirstCall/ -- MGM Resorts
International (NYSE: MGM) today announced the promotion of
Gamal Aziz to President and Chief
Executive Officer of MGM Hospitality.
MGM Hospitality was formed to operate casinos and non-gaming
hotels, resorts and residences in key destinations around the world
under the brands Bellagio, MGM Grand and Skylofts. Since the launch
in 2008, Mr. Aziz has served in dual capacity as head of MGM
Hospitality and as President and COO of the MGM Grand Las
Vegas.
"The overwhelming response to the globalization of our high-end
resort brands has driven the early success of MGM Hospitality and
now requires Gamal's full focus to shepherd this exciting and
rapidly expanding global management business," said Jim Murren, Chairman and CEO of MGM Resorts
International.
Mr. Aziz joined MGM Resorts International in 1998 as Senior Vice
President at Bellagio and played an integral role in the resort's
opening and early success. In 2001, he was promoted to President
and Chief Operating Officer of MGM Grand, where he has overseen a
multi-year evolution in the resort's offerings that has led the
property to debut more than 36 major new venues since 2001.
Leading MGM Hospitality, Mr. Aziz has expanded the Company's
luxury hotel brands abroad by entering into 18 signed agreements.
Thus far, the announced projects in the development pipeline
are in Beijing, Sanya,
Chengdu and Tianjin, China; Cairo and Sharm
El-Sheikh, Egypt;
Abu Dhabi and Dubai, United Arab Emirates; and Ho Tram, Vietnam. MGM Hospitality's first scheduled
opening is the MGM Grand Sanya on Hainan
Island, set for 4Q 2011. In addition, the company is
currently in active discussions for numerous projects around the
world including Australia,
Egypt, India, Indonesia, Hong
Kong, South Korea,
Thailand, Turkey and additional cities in the
Middle East and China.
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. 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 four other properties
in Nevada, Illinois and Macau. One of those
investments is CityCenter, an unprecedented urban resort
destination on the Las Vegas Strip featuring its centerpiece ARIA
Resort & Casino. 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 Web site at
www.mgmresorts.com.
Statements in this release which are not historical facts are
"forward looking" statements and "safe harbor statements"
within the meaning of Section 21E of the U.S. the Securities
Exchange Act of 1934, as amended, and other related laws
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. We have based
those forward-looking statements on management's current
expectations and assumptions and not on historical facts. 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.
SOURCE MGM Resorts International
Copyright . 16 PR Newswire