Attached files
file | filename |
---|---|
8-K - FORM 8-K - MGM Resorts International | p17100e8vk.htm |
Exhibit 99
PRESS RELEASE |
FOR IMMEDIATE RELEASE |
MGM MIRAGE ELECTS BILL BIBLE
TO THE BOARD OF DIRECTORS
TO THE BOARD OF DIRECTORS
Las Vegas, March 9, 2010 - MGM MIRAGE (NYSE: MGM) today announced that William A. Bill Bible
has accepted an invitation to join the Companys Board of Directors. He was elected to his new
post by the Board during a meeting on March 8, 2010.
We are honored to welcome Bill Bible as the newest member of our Board of Directors, said James
J. Murren, MGM MIRAGE Chairman and Chief Executive Officer. Bills wealth of expertise and
familiarity with a wide range of financial and regulatory matters in both hospitality and gaming
will serve as a tremendous asset to our Company.
Mr. Bible currently serves as the President of the Nevada Resort Association, the advocacy voice
for Nevadas gaming and resort industry. Mr. Bible will tender his resignation to the Nevada
Resort Association to be effective before the required gaming regulatory approvals or waivers are
granted to avoid any conflicts inherent with concurrent service.
From 1988 1998, he served as the Chairman of the Nevada State Gaming Control Board.
His broad tenure as a state official includes his experience as Director of Nevadas Administration
Department under Gov. Richard Bryan (1983-1988); Nevada Assembly Fiscal Analyst and Director of the
Division of Fiscal Analysis of the Legislative Counsel Bureau (1977-1983); and Nevada Deputy Budget
Administrator (1973-1977) and Nevada Chief Assistant Budget Administrator (1971-1973) under Gov.
Mike OCallaghan.
Mr. Bible graduated from Stanford University in 1967 with a Bachelor of Arts Degree in History with
a minor in Political Science, followed by a Masters Degree in Business Administration in 1971 from
the University of Nevada, Reno. His Masters program emphasized capital budgeting, resource
allocation, portfolio management and general financial management.
MGM MIRAGE (NYSE: MGM), one of the worlds leading and most respected companies with
significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties
located in Nevada, Mississippi and Michigan, and has 50% investments in five other properties in
Nevada, New Jersey, Illinois and Macau. One of those investments CityCenter is also managed by
MGM MIRAGE. CityCenter, an unprecedented urban metropolis on the Las Vegas Strip with Gold and
Silver LEED(R) certifications, is a joint venture between MGM MIRAGE and Infinity World Development
Corp, a subsidiary of Dubai World. CityCenter features ARIA Resort & Casino, Vdara Hotel & Spa,
Mandarin Oriental, Las Vegas; Veer Towers, and Crystals retail and entertainment district. MGM
MIRAGE Hospitality has entered into management agreements for casino and non-casino resorts
throughout the world. MGM MIRAGE supports responsible gaming and has implemented the American
Gaming Associations Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE has
received numerous awards and recognitions for its industry-leading Diversity Initiative and its
community philanthropy programs. For more information about MGM MIRAGE, please visit the Companys
Web site at http://www.mgmmirage.com.
Statements in this release which are not historical facts are forward looking statements and
safe harbor statements under the Private Securities Litigation Reform Act of 1995 that involve
risks and/or uncertainties, including risks and/or uncertainties as described in the Companys
public filings with the Securities and Exchange Commission.
CONTACTS: |
||
Investment Community DANIEL FOLEY MGM MIRAGE Executive Director of Investor Relations (702) 693-8211 |
Media ALAN M. FELDMAN MGM MIRAGE Senior Vice President of Public Affairs (702) 650-6947 OR afeldman@mirage.com |
MGM
MIRAGE 3600 LAS VEGAS BLVD SOUTH LAS VEGAS, NV 89109
PH: 702.693.7120 FX: 702.693.8626 WWW.MGMMIRAGE.COM