MGM Resorts International and WaterStart Announce Collaboration to Identify Sustainable Technologies in Water, Catalyze Technology Research
LAS VEGAS, March 22, 2016 /PRNewswire/ -- In an effort to identify new sustainable water technologies and incorporate them into its global operations, MGM Resorts International (NYSE: MGM) has partnered with WaterStart.
The partnership, announced today on World Water Day, is designed to advance WaterStart's mission to make Nevada a channel for innovation by leveraging the state's leadership and expertise in water. Additionally, the strategic alignment will extend the reach of MGM Resorts' long-standing commitment to environmental sustainability by establishing innovative water practices across the company's resorts.
"As a company, we are always exploring new solutions to help conserve our natural resources," said Cindy Ortega, Senior Vice President and Chief Sustainability Officer for MGM Resorts. "This partnership will provide the opportunity to host technology testing that could have a tremendous positive impact on water conservation world-wide."
In coordination with MGM Resorts, WaterStart will create and maintain an innovations priority list for water-related technologies, as well as identify and evaluate the applicability of technologies for use in MGM operations. Additionally, WaterStart will leverage its local and international network to conduct research and utilize MGM operations as a test-bed for companies working to improve water resource management and sustainability.
"Working with MGM will allow WaterStart to catalyze technology development and research in an area of critical importance to our state," said Nate Allen, Executive Director for WaterStart. "Few regions in the world are more efficient at managing their water resources than Nevada. WaterStart's partnership with MGM signals to the international community that our market has a strong demand for innovation, which in turn will attract more proven first adopters. We welcome MGM Resorts International as a member and hope to work with them in developing the sustainable solutions of both today and tomorrow."
MGM Resorts International is committed to being a global leader in sustainability and stewardship of the environment. The company's environmentally responsible practices have saved approximately 1.2 billion gallons of water.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company is in the process of developing MGM National Harbor in Maryland and MGM Springfield in Massachusetts. The Company also owns 51 percent of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is developing a gaming resort in Cotai, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort and Casino. MGM Resorts is a FORTUNE Magazine World's Most Admired Company. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
About WaterStart (formerly Nevada's Center of Excellence)
WaterStart operates in a region of proven first adopters, sitting at the nexus of technology, research and economic development. WaterStart provides channels for innovation for various stakeholders and water resource managers; including: technology companies, management agencies and policy makers and provides services ranging from commercialization funding to business development. As it continues to bring together strategic resources and expertise, its core mission will create quality job growth and help diversify the economy of the region. For more information, visit www.waterstart.com.
SOURCE MGM Resorts International
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