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MGM MIRAGE Recognized by Fortune Magazine
LAS VEGAS, March 27 /PRNewswire-FirstCall/ -- For the seventh
consecutive year, MGM MIRAGE has been named one of "America's Most Admired
Companies" by Fortune Magazine. This recognition follows the magazine's
annual survey that evaluates the reputation of companies with large U.S.
operations.
MGM MIRAGE moved up two spots from 2006 and is ranked second in the
Hotels, Casinos and Resorts industry. Additionally, MGM MIRAGE ranked first
in the industry in several attributes, including innovation, quality of
management and quality of products/services. Fortune's "Most Admired" is
the definitive report card on corporate reputations.
To identify "America's Most Admired Companies" for 2007, Fortune asked
executives, directors and securities analysts to rate companies in their
respective industries. Criteria included: investment value, innovation,
financial soundness, employee talent, quality of management and social
responsibility.
About MGM MIRAGE:
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 22 properties located in
Nevada, Mississippi and Michigan, and has investments in three other
properties in Nevada, New Jersey and Illinois. The Company has entered into
agreements to sell its three Primm Valley Resort properties located in
Primm, Nevada and its Colorado Belle and Edgewater properties located in
Laughlin, Nevada. In addition, the Company has major new developments under
construction in Nevada, Michigan and Macau S.A.R. CityCenter is a
multi-billion dollar mixed-use urban development in the heart of the Las
Vegas Strip; a new MGM Grand hotel and casino complex is being built in
downtown Detroit; and the Company has a 50% interest in MGM Grand Macau, a
hotel-casino resort currently under construction in Macau S.A.R. MGM MIRAGE
supports responsible gaming and has implemented the American Gaming
Association's Code of Conduct for Responsible Gaming at its properties. MGM
MIRAGE also has been the recipient of numerous awards and recognitions for
its industry-leading Diversity Initiative and its community philanthropy
programs. For more information about MGM MIRAGE, please visit the company's
website at http://www.mgmmirage.com.
SOURCE MGM MIRAGE
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