MGM Resorts

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Headquarters: 3600 Las Vegas Blvd. South Las Vegas, NV 89109 Employees: 46,000 CEO: James Murren Stock Symbol: MGM Website: http://www.mgmmirage.com Career Site MGM Resorts is the world's leading hotel and gaming company. It owns and operates 16 properties located in Nevada, Mississippi and Michigan, and has 50% investments in four other properties in Nevada, New Jersey, Illinois and Macau. The company officially changed its name from MGM Mirage to MGM Resorts International in 2010. The company dominates the Las Vegas Strip with properties including the Bellagio, MGM Grand, Mandalay Bay, Mirage, New York-New York, Circus Circus, Monte Carlo and Luxor. The company has a 50% joint ownership of the Borgata casino in Atlantic City with Boyd Gaming. MGM Resorts built CityCenter, a massive $9 billion dollar condo-hotel-casino development project in the heart of the Las Vegas Strip, that opened in late 2009. However, the development has not performed well so far and the value of CityCenter has been written down by several billion dollars. In 2008, MGM Mirage had total revenues of $7.2 billion, down 6 percent, and a loss of $855.2 million. The company has been hurt by declining visitors and spending at casinos and a large amount of debt. The Las Vegas Strip properties generated $5.8 billion in revenue in 2008, down from $6.4 billion. The company sold the Treasure Island casino in Las Vegas in March for $775 million to entrepreneur Phil Ruffin. The company was formed in 2000 by the merger of MGM Grand Inc. and Mirage Resorts. The MGM Grand name comes from MGM (Metro-Goldwyn-Mayer) movie studios. The company acquired Mandalay Resorts Group in 2005 for $7.9 billion. Benefits Health Coverage Medical Dental Vision Employee Assistance Programs (EAP) Life & Disability Insurance Basic Life & Accidental Death and Dismemberment (AD&D) Supplemental Life Dependent Life Short-Term Disability Long-Term Disability Financial 401(K) Retirement Savings Flexible Spending Account Dependant Care Account Pre-tax Health Contributions Paid Time Off Education & Personal Growth Tuition Reimbursement / Education Assistance Scholarship / Financial Assistance Wellness Program Child Development Center Children's Choice Learning Centers are dedicated to creating a nurturing environment for our most precious natural resource-our children. Children's Choice offers employees of MGM MIRAGE and its hotels and casinos discounted fees, hourly rates, payroll deduction and the convenience of five locations throughout Las Vegas, including one on MGM Grand property. Children's Choice offers: - Highest quality 24-hour early care and education - Children's Choice Classics curriculum - academic excellence - Emphasis on character development - Highly qualified, loving and nurturing educators - Sniffles & Snuggles - caring for mildly ill children - State-of-the-art center and playground areas Updated January 27, 2011