LAS VEGAS, Feb. 3, 2020 /PRNewswire/ -- MGM Resorts
International (NYSE: MGM) is one of "America's Top Corporations for
Women's Business Enterprises," according to the Women's Business
Enterprise Nation Council (WBENC). The annual list is the only
national award honoring corporations for world-class supplier
diversity programs that reduce barriers and drive growth for
women-owned businesses.
"We are honored to receive this special recognition for the
seventh consecutive year," said Stacey
Taylor, Sr. Vice President & Chief Procurement Officer
for MGM Resorts International. "Partnering with women-owned
businesses is a top priority and ensures we provide amenities and
services of the highest quality to guests visiting our
resorts."
MGM Resorts is one of 75 corporations that meet WBENC's rigorous
standards. The Top Corporations recognized this year collectively
spent more than $51.9 billion with
WBENC-certified women business enterprises in 2019, an increase of
$12.4 billion from the prior year. In
2019, MGM Resorts spent $213.1
million with certified diverse-owned business enterprise,
with nearly $79.9 million spent
on women-owned businesses.
"WBENC's Top Corporations set the standard for choosing to
integrate policies and programs across their organization that
enable the growth and development of women owned businesses. These
Top Corporations are valued partners in our commitment to women's
business development," said Pamela
Prince-Eason, President and CEO of WBENC.
The Top Corporations WBENC Model reviews each applicant
holistically on the fundamental concepts of procurement, including
program management, supplier management, and supplier development,
which entails providing access to supplier resources and a business
case for supplier diversity.
"Entrepreneurship and business ownership fuel economic growth
and employment across the United
States and around the world. At MGM Resorts we are committed
to ensuring that our businesses within the communities in which we
operate are diverse and sustainable," said Jyoti Chopra, Senior Vice President, Chief
Diversity & Sustainability Officer for MGM Resorts
International. "We are proud to support women-owned businesses as
they continue to be a vital part of the supply chain and ecosystem
in their communities."
The Supplier Diversity program is part of MGM Resorts' larger
company diversity and inclusion initiative that has been recognized
by leading diversity publications including DiversityInc and Black
Enterprise. Since 2003 MGM Resorts has required minority and women
participation in all biddable commodity purchases exceeding
$3,000.
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 WBENC
WBENC is the largest third-party certifier of businesses owned,
controlled, and operated by women in the
United States. WBENC partners with 14 Regional Partner
Organizations (RPOs) to provide its world-class standard of
certification to women-owned businesses throughout the country.
WBENC is also the nation's leading advocate of women-owned
businesses and entrepreneurs. Throughout the year, WBENC provides
business development opportunities for member corporations,
government agencies and close to 16,000 certified women-owned
businesses at events and other forums. Learn more at
www.wbenc.org
Media Contact
Kenthea Pedraza
MGM Resorts International
Kpedraza@mgmresorts.com
702-692-6898
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SOURCE MGM Resorts International