LAS VEGAS, Jan. 23, 2020 /PRNewswire/ -- MGM Resorts
International (NYSE: MGM) and the Las Vegas Raiders today announced
a new partnership, making MGM Resorts An Official Gaming Partner of
the Raiders. MGM Resorts also has been named a Founding Partner of
Allegiant Stadium and An Official Home of the Raiders Pre- and
Post-Game Party.
As An Official Partner of the Las Vegas Raiders, MGM Resorts
will have prominent signage throughout Allegiant Stadium
year-round, including in-stadium branding and naming rights to the
west VIP entry and drop off zone. The partnership features
entitlement of the MGM Club at Allegiant Stadium, an
ultra-exclusive experience with a full-service premium bar, luxury
lounge and upgraded stadium seating for game-viewing. MGM Resorts
will provide exclusive fan experiences before and after Raiders
home games throughout its portfolio of resorts.
An important initiative for both organizations, MGM Resorts and
the Raiders are committed to collaborating on community outreach
programs benefiting Southern
Nevada. Through these efforts, the Raiders and MGM Resorts
will continue to give back to their community.
"We couldn't be more excited to partner with the Raiders and to
welcome professional football to Las
Vegas," said MGM Resorts Chairman and CEO Jim Murren. "Las
Vegas is becoming one of the top sports destinations in the
world, and this partnership is a natural fit of culture and vision.
Together, we look forward to creating unique and world-class
entertainment experiences for our guests and Raiders fans."
"The Raiders are thrilled to welcome MGM Resorts International
as our newest Founding Partner," said Raiders President
Marc Badain. "MGM Resorts is an
institution in the gaming and hospitality industry and the
activations they have planned for Raider games and all events at
Allegiant Stadium will bring their best in class expertise to the
entertainment experience."
Legends Global Partnerships represented the Raiders to secure
the Founding Partnership with MGM Resorts as a part of their duties
as the stadium's official premium ticketing and sponsorships
agency.
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.
About Allegiant Stadium
Located adjacent to the
world-famous Las Vegas Strip, with construction scheduled for
completion in 2020, Allegiant Stadium will become a global events
destination highlighted by the NFL's iconic Las Vegas Raiders.
Allegiant Stadium will be ideally located for both visitors and
locals, fully enclosed and climate controlled with a capacity of
65,000. The technologically advanced stadium will host world-class
entertainment including concerts and sporting events such as the
Pac-12 Championship Game and Las Vegas Bowl, as well as become the
future home of UNLV Football. The stadium project is expected to
generate an economic benefit of $620
million annually, while creating 6,000 permanent jobs in
Southern Nevada.
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 MGM's public filings with the SEC. MGM 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, statements regarding
the expected benefits to be achieved as a result of the
partnership. 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 MGM 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 MGM's Form 10-K, Form 10-Q and Form 8-K reports
(including all amendments to those reports). In providing
forward-looking statements, MGM 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 MGM 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:
Marc
Jacobson, MGM Resorts, mjacobson@mgmresorts.com,
702-692-6801; Scott Ghertner,
Sghertner@mgmresorts.com, 702-692-6750
RAIDERS CONTACTS:
Will Kiss, Raiders,
wkiss@raiders.com. 510-780-3020; Mike
Taylor, Raiders, mtaylor@raiders.com, 510-780-3026
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SOURCE MGM Resorts International