LAS VEGAS, March 15, 2020
/PRNewswire/ -- MGM Resorts International (the "Company" or
"MGM Resorts") today announced its decision to temporarily suspend
operations at its Las Vegas
properties until further notice, effective as of Tuesday, March 17th. Casino
operations will close on Monday, March
16th, followed by hotel operations.
The following statement was released by Jim Murren, Chairman and CEO of MGM
Resorts:
"As the coronavirus pandemic has intensified in the United States over the past week, the
people of MGM Resorts have worked to try to find a way to continue
delivering high quality hospitality and entertainment experiences
for our guests while keeping our employees doing the jobs they love
in a safe environment. Welcoming people from around the world
is what we do, and our employees have tremendous pride in their
work.
Despite our commitment to dedicating additional resources for
cleaning and promoting good health, while making difficult
decisions to close certain aspects of our operations, it is now
apparent that this is a public health crisis that requires major
collective action if we are to slow its progression.
Accordingly, we will close all of our Las Vegas properties as of Tuesday, March 17th, for the good of
our employees, guests and communities. This is a time of
uncertainty across our country and the globe and we must all do our
part to curtail the spread of this virus. We will plan to reopen
our resorts as soon as it safe to do so and we will continue to
support our employees, guests, and communities in every way that we
can during this period of closure."
MGM Resorts will not be taking reservations for arrivals prior
to May 1, but please watch
www.mgmresorts.com for the latest information. Details on the
closing procedures, timelines and other issues related to this
announcement will be forthcoming.
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
29 unique hotel and destination gaming offerings including some of
the most recognizable resort brands in the industry. Expanding
throughout the U.S. and around the world, the company recently
acquired the operations of Empire City Casino in New York and Hard Rock Rocksino in
Ohio, which was rebranded as MGM
Northfield Park. In 2018, MGM Resorts opened MGM Springfield in
Massachusetts, MGM COTAI in
Macau, and the first
Bellagio-branded hotel in Shanghai. The over 80,000 global employees of
MGM Resorts are proud of their company for being recognized as one
of FORTUNE® Magazine's World's Most Admired Companies®. For more
information visit us at www.mgmresorts.com.
Statements in this release that are not historical facts are
"forward-looking" statements and "safe harbor statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve risks and/or uncertainties, including those described
in the Company's public filings with the SEC. 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 mitigation of the
potential impacts of the coronavirus. 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 effects of economic conditions 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.
MGM RESORTS CONTACTS:
BRIAN
AHERN
Director of Media Relations
media@mgmresorts.com
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SOURCE MGM Resorts International