MGM Sees Fortunes Rise from FORTUNE List - InvestingChannel

MGM Sees Fortunes Rise from FORTUNE List

MGM Resorts International (NYSE: MGM) is on FORTUNE’s 2021 list of the World’s Most Admired Companies.

MGM Resorts, a leading global hospitality company, not only offers some of the most recognizable resort brands in the world, such as Bellagio, ARIA and MGM Grand Las Vegas, but also holds itself to a high standard within the community.

“We’re proud of the work we’ve done to adapt and continually provide unmatched guest service through this period of uncertainty,” said Bill Hornbuckle , CEO & President of MGM Resorts International.

“Furthermore, as a long-standing leader in the hospitality and entertainment business, we take seriously our Social Impact and Sustainability obligations and brand reputation as we strive to make the world a better place.”

In May 2020, MGM Resorts released its Seven-Point Safety Plan outlining the comprehensive health and safety protocols the company began to implement prior to re-opening its domestic resorts, which were temporarily closed in March due to the COVID-19 pandemic. This multi-layered set of protocols and procedures, designed in partnership with medical and scientific experts to deter the spread of the virus, was one of the first of its kind.

Last year, in Southern Nevada alone, the company donated 444,000 pounds of food, or 370,000 meals. Across regional properties an additional 219,000 pounds, or 182,000 meals, were donated, bringing the company’s total donation to over 662,000 pounds of food, or 552,000 meals.

MGM Resorts also leveraged their procurement and logistics expertise to support the Nevada COVID-19 task force in procuring 261,000 hospital gowns, 200,000 medical gloves and 500,000 KN95 respiratory masks through MGM Macau.

MGM shares gained 60 cents, or 1.8%, to $34.85.