This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

MGM Resorts International Employees Pledge $4.7 Million To Help Non-Profit Organizations And Programs Serving Communities









LAS VEGAS, Oct. 15, 2013 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) employees have pledged $4.7 million this year to support nonprofit organizations serving the resort company's host communities in Nevada, Michigan and Mississippi. Additionally, the company's worksite giving program gives employees the opportunity to support other nonprofit organizations nationwide of their choice.

Celebrating its 11 th anniversary, The MGM Resorts Foundation has raised more than $54 million (including 2013 donations) and supported more than 2,000 charitable organizations since its inception in 2002. The Foundation supports community charities by distributing employee-designated donations and issuing grants to community nonprofits selected by an employee grants council.

"Our employees have demonstrated, yet again, their enormous generosity and desire to inspire our world through giving," said Jim Murren, Chairman and CEO of MGM Resorts International. "I am proud of our culture, our employees and the excellence they bring to our resorts and carry into our communities every day."

Among the company's 62,000 employees, an average of 46 percent have donated money to the community since 2002 through cash and payroll donations, and Foundation-hosted fundraising events.

"Our employees realize that collectively we can have a powerful impact on effecting positive change through the initiatives, organizations and institutions that make up our social fabric," said Phyllis A. James, Executive Vice President and Chief Diversity Officer. "When we use our time, talents and resources to help others, we not only improve lives today, but also preserve our communities for future generations."

MGM Resorts covers all of the administrative costs required to raise and disburse the funds so every employee dollar donated can go directly to the community.

Scott Rollman, Cage Supervisor at CircusCircus Las Vegas and member of the Foundation's Nevada grants council, commented:  "MGM Resorts and our employees know the need is great in the community.  There is no better feeling than knowing the influence this money will have in touching the lives of thousands of people."

Examples of community services supported this year by the Foundation's grants include:

  • Children and Youth: Community-based programs which focus on the overall development and well being of children and youth considered as at-risk.
  • Education: Public education programs which enhance student learning from kindergarten through higher education.
  • Hunger Relief: Food bank distribution programs which provide children, families and other individuals, access to food they otherwise would not have.
  • Mental Health and Substance Abuse: Recovery and counseling programs that help families, children and individuals affected by addictive behaviors, mental health problems, or other special life circumstances.

For more information about MGM Resorts International's commitment to philanthropy and community engagement, please visit: www.mgmresorts.com/csr.

MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company also owns 51% of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is in the process of developing a gaming resort in Cotai, and 50% of CityCenter in Las Vegas, which features ARIA resort and casino.  For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.

 

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,001.22 -38.27 -0.22%
S&P 500 1,988.40 -3.97 -0.20%
NASDAQ 4,538.5510 +6.4470 0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs