MGM Resorts International Honored for its Support of Women-owned Businesses
MGM Resorts is the only company in Nevada and integrated resort industry to be recognized by Women’s Business Enterprise National Council as one of America’s Top Corporations
LAS VEGAS, Jan. 26, 2017 /3BL Media/ — Our commitment to providing women-owned businesses with opportunities for economic participation and growth is among the reasons MGM Resorts International (NYSE: MGM) was named one of America’s Top Corporations for Women’s Business Enterprises in 2016.
The honor, announced earlier this month, comes from Women's Business Enterprise National Council (WBENC), a national leader in women's business development and certification. The annual "Top Corporations" list is the leading national award program honoring corporations for supplier diversity initiatives that reduce barriers and drive growth for women-owned businesses.
"Earning this recognition is a great honor for our company. Since 2001, we have been committed to helping even the playing field for minority-owned business through their inclusion in our Company’s stream of commerce,” said Phyllis A. James, Chief Diversity and Corporate Responsibility Officer for MGM Resorts International. “Delivering on this commitment has a direct and positive impact on our Company, our communities and our nation’s economy.
WBENC recognized 59 corporations, the largest list in the history of the program, which started in 1999 when only 17 corporations made the list. MGM Resorts is the sole company in the integrated resort industry, and the only company based in Nevada, to earn a spot on WBENC's latest list. Other companies named to the list include: AT&T, The Coca-Cola Company, FedEx and Johnson & Johnson. "As we celebrate our 20th Anniversary, we are so proud of WBENC’s Top Corporations, including MGM Resorts International, for choosing to set the standard for access and increase opportunities to women suppliers in new markets – both domestically and internationally," said Pamela Prince-Eason, President and CEO of WBENC, the nation's leader in women's business development.
WBENC's Top Corporations will be honored in front of an audience of more than 1,500 attendees, including top-level senior executives from the recognized corporations, at the WBENC Summit & Salute taking place March 21 to 23 in New Orleans, LA. MGM Resorts International has spent a cumulative total of approximately $4 billion with diverse-owned suppliers, contractors and service providers since the start of the company's supplier and construction diversity program in 2001. The program is part of a larger company diversity initiative that has been recognized by leading diversity publications including DiversityInc and Black Enterprise. For more information about the MGM Resorts Supplier Diversity Program, please visit: www.mgmresorts.com/csr.
Founded in 1997, WBENC is the leading third-party certifier of businesses owned and operated by women, with over 13,000 WBENC-Certified WBEs. WBENC-Certification is accepted by more than 1,000 corporations representing America's most prestigious brands, in addition to many states, cities and other entities. Throughout the year, WBENC and its 14 Regional Partner Organizations provide opportunities for interactions between more than 650 member corporations, government agencies and thousands of certified WBEs at business building events and other forums. WBENC is a 501(c)(3) nonprofit organization that seeks and accepts donations from corporations, foundations and individuals that support its mission and programs. For more information about the annual America’s Top Corporations for Women Business Enterprises, visit http://www.wbenc.org/americas-top-corporations-for-wbes
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company opened MGM National Harbor in Maryland on December 8, 2016, and is in the process of developing MGM Springfield in Massachusetts. MGM Resorts controls and holds a 76 percent economic interest in the operating partnership of MGM Growth Properties LLC (NYSE: MGP), a premier triple-net lease real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. The Company also owns 56 percent of MGM China Holdings Limited (SEHK: 2282), which owns MGM MACAU and is developing MGM COTAI, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. MGM Resorts is named among FORTUNE® Magazine's 2016 list of World's Most Admired Companies®. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
MGM Resorts International