LAS VEGAS, July 20, 2018 /PRNewswire/ -- MGM Resorts
International (NYSE: MGM) said the passage today of Japan's Integrated Resort Implementation Act
opens the possibility to drive significant growth in sustainable
travel and tourism — particularly from international segments.
Jim Murren, Chairman & CEO of
MGM Resorts, commented that, "The process has been very deliberate
and transparent. We appreciate the high level of social
responsibility reflected throughout the process by creating one of
the most comprehensive bills of its kind anywhere in the world. MGM
is proud to have provided academic research and economic analysis
as well as facilitating numerous study sessions with experts from
around the world. Today's passage allows us to advance our
relationships with key stakeholders and together create a coalition
of Japanese business partners who will collectively define a vision
for a uniquely Japanese, world-class integrated resort."
MGM Resorts has a full-time development team in Japan and for the past four years has been
engaged in discussions in Japan's
cultural and business communities. The company believes it is
well-positioned in Japan and has
been preparing for this possibility by becoming immersed in
Japanese culture to better its understanding of Japan's unique history and heritage. MGM
Resorts has also embarked on enhancing its cultural commitment to
Japan in the United States through the sponsorship of
two world premiere Kabuki events with the famous Shochiku
entertainment company and by showcasing established and emerging
Japanese artists in the Company's art collections across the
country.
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 28 unique hotel offerings including some of
the most recognizable resort brands in the industry. Expanding
throughout the U.S. and around the world, the company in 2018
opened MGM COTAI in Macau and the
first Bellagio-branded hotel in Shanghai. It also is developing MGM
Springfield in Massachusetts. The
78,000 global employees of MGM Resorts are proud of their company
for being recognized as one of FORTUNE® Magazine's World's Most
Admired Companies®.
ABOUT MGM RESORTS JAPAN
LLC
MGM Resorts Japan was established in December 2014 as a Japan subsidiary of MGM Resorts International
(MGM) with an aim to enter Japan's
integrated resorts market. MGM Resorts Japan will be opening its
new permanent Osaka office in
September 2018. For more information
visit us at www.mgmresorts.co.jp.
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SOURCE MGM Resorts International