MGM Resorts Files Petition with New Jersey Casino Control Commission to Reapply for Gaming License

MGM Resorts International

today announced that is has filed a petition with the State of New Jersey Casino Control Commission (NJCCC) requesting that the NJCCC and New Jersey Division of Gaming Enforcement (NJDGE) initiate a review process under which the Company could seek to be permitted to return to the New Jersey market as a fully qualified casino licensee.   The petition notes that since 2010 MGM has taken a controlling interest in MGM Macau's parent company MGM China Holdings and that MGM China Holdings is now listed on the Stock Exchange of Hong Kong.  The company said, "MGM Resorts International is, and always has been, committed to the highest standards of operation and regulatory compliance. If our petition is successful we would welcome the opportunity to once again be an active, contributing member of the New Jersey gaming marketplace through our 50% ownership of Borgata.  Our company is appreciative of the NJDGE's willingness to consider our application."