LAS VEGAS, May 14, 2018 /PRNewswire/ -- MGM Resorts
International (NYSE: MGM) released the following statement
following the United Supreme Court ruling striking down the
Professional and Amateur Sports Protection Act (PASPA):
"MGM Resorts International applauds the Court's decision to
allow states the opportunity to protect consumers and benefit the
public by regulating and taxing sports betting.
"We look forward to working with legislators and policy makers
to achieve a regulatory outcome that benefits states and consumers
alike while ensuring the integrity of sports.
"Having spent decades building trust with regulators,
successfully operating sports books in Nevada, and hosting the world's leading
sporting events, MGM Resorts International is extremely well
positioned for a post-PASPA environment."
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®.
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SOURCE MGM Resorts International