LAS VEGAS, April 26, 2012 /PRNewswire/
-- MGM Resorts International [NYSE: MGM] has
announced the appointment of William M. Scott IV to serve
as Senior Resident Executive for Greater
China. In this role, Mr. Scott will serve as the
Resident Director of Diaoyutai MGM Hospitality, Ltd.,
MGM's joint venture with Diaoyutai State Guesthouse to
promote hospitality projects in China. He will also
act as MGM Resorts' resident director for MGM China
Holdings Limited [HKSE: 2882], which owns MGM Macau.
In his new position, Mr. Scott will facilitate cooperation,
communication and synergies between MGM's Asian and
U.S. based teams.
"As part of our focus on Asia, I have asked Bill Scott
to take on a significant role in our businesses there as
our Senior Resident Executive for Greater China," said
James J. Murren, Chairman & CEO of MGM Resorts.
"Last year, Bill played a pivotal role in the
successful initial public offering of our Macau business
and has already begun work with our China businesses.
He gives us an invaluable, in-country resource to help
drive the growth of our businesses in Asia and to expand
the recognition and acceptance of MGM's brand in China
Mr. Scott joined MGM Resorts in 2009 and was promoted to
Executive Vice President - Corporate Strategy and Special
Counsel in July 2010. In this role, he collaborated
in the extension of the Company's primary credit lines,
the refinancing of CityCenter's credit lines and other
critical capital market transactions.
He is a graduate of Dartmouth College and has law degrees
from Union University and Boston University. He
previously was a partner in the Los Angeles office of
Sheppard, Mullin, Richter and Hampton.
MGM Resorts International (NYSE: MGM) is one of the
world's leading global hospitality companies, operating
a peerless portfolio of destination resort brands,
including Bellagio, MGM Grand, Mandalay Bay and The Mirage.
In addition to its 51% interest in MGM China Holdings
Limited, which owns the MGM Macau resort and casino, the
Company has significant holdings in gaming, hospitality and
entertainment, owns and operates 15 properties located in
Nevada, Mississippi and Michigan, and has 50% investments
in three other properties in Nevada and Illinois. One of
those investments is CityCenter, an unprecedented urban
resort destination on the Las Vegas Strip featuring its
centerpiece ARIA Resort & Casino. Leveraging MGM
Resorts' unmatched amenities, the M life loyalty
program delivers one-of-a-kind experiences, insider
privileges and personalized rewards for guests at the
Company's renowned properties nationwide. Through its
hospitality management subsidiary, the Company holds a
growing number of development and management agreements for
casino and non-casino resort projects around the world. MGM
Resorts International supports responsible gaming and has
implemented the American Gaming Association's Code of
Conduct for Responsible Gaming at its gaming properties.
The Company has been honored with numerous awards and
recognitions for its industry-leading Diversity Initiative,
its community philanthropy programs and the Company's
commitment to sustainable development and operations.www.mgmresorts.com.
SOURCE MGM Resorts International
For further information: Investment Community, DANIEL J.
D'ARRIGO, Executive Vice President and Chief Financial
Officer, +1-702-693-8895, or News Media, ALAN M. FELDMAN,
Senior Vice President of Public Affairs, +1-702-891-1840,
email@example.com, both of MGM Resorts International