MGM Resorts International Extends Deadline For Exchange Offer Of 6.750% Senior Notes Due 2020

MGM Resorts International Extends Deadline For Exchange Offer Of 6.750% Senior
                                Notes Due 2020

PR Newswire

LAS VEGAS, June 3, 2013

LAS VEGAS, June 3, 2013 /PRNewswire/ --MGM Resorts International (the
"Company") (NYSE: MGM) announced today that it has extended the expiration
date of its registered exchange offer to 5:00 p.m., New York City time, on
June 6, 2013. The exchange offer is an offer to exchange all of its
outstanding $1.0 billion aggregate principal amount of 6.750% Senior Notes due
2020 (the "Initial Notes") for new 6.750% Senior Notes due 2020 (the "New
Notes") that have been registered under the Securities Act of 1933, as amended
(the "Securities Act").

Based on the latest information provided by the exchange agent, as of the
original expiration date of the exchange offer, approximately $999,360,000 in
aggregate principal amount of the Initial Notes have been tendered for
exchange. The Company will accept for exchange any and all Initial Notes
validly tendered and not withdrawn prior to the new expiration date, unless
such expiration date is further extended. The Company does not currently
intend to extend the exchange offer any further.

The terms of the New Notes to be issued in the exchange offer are
substantially the same as the terms of the Initial Notes, except that the New
Notes will be registered under the Securities Act, will have no transfer
restrictions under the federal securities laws, no registration rights and no
rights to additional interest. Initial Notes that are not exchanged will
continue to be subject to the existing transfer restrictions under the federal
securities laws and the Company will have no further obligation to provide for
the registration of such notes except under certain limited circumstances.

Documents describing the terms of the exchange offer, including the prospectus
and transmittal materials for making tenders, may be obtained from the
exchange agent, U.S. Bank National Association, via mail or overnight package
at U.S. Bank National Association, 60 Livingston Ave. St. Paul, Minnesota
55107, Attention: Specialized Finance Association, or via facsimile at (651)

This announcement does not constitute an offer to purchase or a solicitation
of an offer to sell securities. The exchange offer is being made only pursuant
to a prospectus and the related letter of transmittal and only to such persons
and in such jurisdictions as is permitted under applicable law.

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 also
owns 51% of MGM China Holdings Limited, which owns the MGM Macau resort and
casino and is in the process of developing a gaming resort in Cotai, and 50%
of CityCenter in Las Vegas, which features ARIA resort and casino. For more
information about MGM Resorts International, visit the Company's website at 

Statements in this release that are not historical facts are forward-looking
statements involving risks and/or uncertainties, including those described in
the Company's public filings with the Securities and Exchange Commission. The
Company has based forward-looking statements on management's current
expectations and assumptions and not on historical facts. Examples of these
statements include, but are not limited to, statements regarding the Company's
expectations regarding the Initial Notes to be exchanged in the exchange
offer, the timing of the exchange offer and other conditions to the exchange
offer. These forward-looking statements involve a number of risks and
uncertainties. Among the important factors that could cause actual results to
differ materially from those indicated in such forward-looking statements
include effects of economic conditions and market conditions in the markets in
which the Company operates and competition with other destination travel
locations throughout the United States and the world, the design, timing and
costs of expansion projects, risks relating to international operations,
permits, licenses, financings, approvals and other contingencies in connection
with growth in new or existing jurisdictions and additional risks and
uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K
reports (including all amendments to those reports). In providing
forward-looking statements, the Company is not undertaking any duty or
obligation to update these statements publicly as a result of new information,
future events or otherwise, except as required by law.


Contact: Investment Community, DANIEL D'ARRIGO, EVP, Chief Financial Officer &
Treasurer, (702) 693-8895; News Media, ALAN M. FELDMAN, Senior Vice President
of Public Affairs, (702) 891-1840 or
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