LAS VEGAS, Sept. 3, 2019 /PRNewswire/ -- MGM Resorts
International (NYSE:MGM) ("MGM Resorts" or the "Company") today
released the following statement:
"We know that for many, the Village property will forever be
linked to the tragic loss of life that took place there on
October 1st. We will never
forget the victims, and all of those impacted by that evening. As
the second anniversary nears, we remain committed to being part of
the community effort to continue healing and moving forward. In
this spirit, MGM Resorts plans to build a community and athletic
center on the north end of the property, which will be home to
sporting events and community gatherings. We hope one day it will
host high school basketball tournaments, indoor soccer for kids and
provide a place for the Aces to practice and engage with the
community to inspire the next generation of female athletes.
It was important to us that the long-term use of the property
include the community in some way. We also plan to create a space
on the property to remember the victims of the tragedy.
In the near term, while these plans are underway, the property
will revert back from festival grounds to a parking area and will
serve as parking during games and concerts taking place at
Allegiant Stadium. Over the coming weeks and months, there will be
construction activity near the property to ensure the safety of
pedestrians crossing the street toward the stadium. We will share
plans for the community and athletic center as they advance. We
will also support the future community effort around a permanent,
public memorial when that process begins."
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
30 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 82,000 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.
Forward-Looking Statements
Statements in this release
that are not historical facts are forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act
of 1995 and involve risks and/or uncertainties, including those
described in the Company's public filings with the Securities and
Exchange Commission. 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 Company's expectations regarding the future
use of the Village property. 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.
Media Contact
Brian Ahern
(702) 692-6800
BAhern@mgmresorts.com
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SOURCE MGM Resorts International