The 78,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. It also is developing MGM Springfield in Massachusetts. and around the world, the company in 2018 opened MGM COTAI in Macau and the first Bellagio-branded hotel in Shanghai. The MGM Resorts portfolio encompasses 28 unique hotel offerings including some of the most recognizable resort brands in the industry. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. 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. The Company acquired its 50 percent interest in Grand Victoria Casino in connection with its acquisition of Mandalay Resorts Group in 2005. 'We thank the employees of Grand Victoria Casino, who have made it a tremendous success over the years, and wish them all the best in the future,' said Dan D'Arrigo, Executive Vice President and Chief Financial Officer of MGM Resorts. MGM Resorts received its 50 percent share of the net proceeds after certain transaction costs, or approximately $162 million. 7, 2018 /PRNewswire/ - MGM Resorts International (the 'Company' or 'MGM Resorts') (NYSE: MGM) today announced that it, together with its venture partner, had completed the previously announced sale of Grand Victoria Casino in Elgin, Illinois, of which a subsidiary of the Company owned a 50% interest, to Eldorado Resorts for $327.5 million in cash, subject to a customary working capital adjustment.

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