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As global gaming giant MGM Mirage looks to diversify itself in other areas of Hospitality, shareholders have been asked to vote on changing the company’s name to MGM Resorts International.
MGM Mirage through its MGM Hospitality Division has signed nearly 16 agreements and letters of understanding for different projects using the MGM Grand, Bellagio and Skyloft brands, MGM Mirage Chief Marketing Officer Bill Hornbuckle said.
Shareholders were told that the proposed name change reflects the company’s current vision and future growth opportunities through developing casinos and nongaming hotel brands in several international markets.
“The name change really speaks to a larger agenda in a repositioning of the company,” Hornbuckle said. “We will continue to have a growing international presence and international business opportunities.”
MGM Mirage will open its first nongaming hotel in northern China later this year.
“MGM Resorts International better represents our company’s growing global presence,” company Chairman and Chief Executive Officer Jim Murren said “As a truly international company, our name should clearly reflect that.”
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