Jan 15, 2020
MGM Growth Properties and Blackstone Real Estate Income Trust today announced that MGP and BREIT have entered into a definitive agreement to form a new joint venture to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay for $4.6 billion. In addition, BREIT will purchase $150 million in MGP Class A shares. MGP will own 50.1% of the joint venture, and BREIT will own 49.9%.
At closing, MGM Resorts International will enter into a long-term triple net master lease for both properties and provide a full corporate guarantee of rent payments. MGM Resorts will continue to… more
Sep 16, 2019
If you were flying home from Las Vegas last week, there’s a good chance you were seated next to a fellow IMEX attendee. This year’s IMEX America, held at Sands Expo and Convention Center from Sept. 10-12, drew an estimated 14,000 attendees and generated an economic impact of more than $20 million, according to show officials.
Held in Las Vegas for nine years now, IMEX included more than 3,500 exhibitors from 150 countries on the trade showfloor. IMEX Group, which organizes the show, estimates a total of 76,000 individual and group appointments took place over the three-day event. That marks… more
Jul 25, 2019
Event groups searching for the right venue that can accommodate and welcome special-needs attendees need look no further than MGM Resorts International. The resort company, which maintains a culture and mission of inclusion, recently hosted the National Federation of the Blind’s annual convention July 7 at Mandalay Bay Resort and Casino in Las Vegas. The property team underwent extensive preparation and training to ensure the event’s 3,284 attendees had an unforgettable experience.
As the oldest and largest nationwide organization of blind people, NFB had never taken its convention to Las… more
Jul 08, 2019
Leave it to Las Vegas to introduce a fun new transportation option for groups. For many of us who live in metro areas, taking Uber or Lyft has become a weekly or even daily occurrence—so why not shake things up when you’re traveling for a conference?
The Regional Transportation Commission (RTC) of Southern Nevada has launched a new convenient rideshare option for groups of up to 11 riders arriving in the city for meetings and conventions.
Free from surge pricing (we’re looking at you, Uber) and with a limousine-like interior, the aptly named Trip to Strip is an on-demand rideshare service… more
Jun 06, 2019
A new state-of-the-art exhibition space is taking shape in Downtown Las Vegas. Earlier this year, International Market Centers, owners and operators of World Market Center Las Vegas, broke ground in January on The Expo, a $90 million, 315,000-sq.-ft. facility set to open in July 2020.
Upon completion, The Expo at World Market Center Las Vegas will become the new permanent venue for temporary gift and home décor exhibits at IMC’s semi-annual Las Vegas Market. That event showcases more than 4,000 gift, home décor and furniture resources across 5 million square feet of permanent showrooms and… more
May 17, 2019
From Los Angeles to Germany, trade shows around the world saw higher attendance and larger exhibit floors than previous years last month. Take a look:
DSE 2019
Digital Signage Expo—the world’s largest trade show and conference for digital displays and interactive technology—saw the second-largest attendance in its 16-year show history at its Las Vegas show this year, logging a 3 percent increase in end-user attendees over the previous year and a 6 percent increase in total verified attendance (4,260), which includes end-users along with system integrators and advertising executives. This… more
Mar 21, 2019
Trade Show News Network unveiled the 2018 TSNN Top Trade Shows list, with the CES show, held in January in Las Vegas, snagging the No. 1 spot.
The Consumer Technology Association’s show spanned 2,784,167 net square feet and drew 111,854 attendees to venues that included the Las Vegas Convention Center, Sand Expo Convention Center and several others in the city.
The 2018 TSNN Top Trade Shows complete list can be found HERE.
"This recognition from TSNN speaks to the expansion of the tech industry and the way that CES continues to change and adapt to welcome new exhibitors and attendees,"… more
Feb 07, 2019
The biannual MAGIC fashion trade show is reinventing itself by offering a new one-stop shopping experience at a single venue, following feedback from MAGIC buyers.
Starting in August, MAGIC will take place entirely at the Las Vegas Convention Center, eliminating the need for retail industry buyers to hop between this venue and Mandalay Bay Convention Center to shop the massive marketplace.
At the LVCC, MAGIC’s many distinct shows will be able to exist as unique, curated neighborhoods within a single campus. Each marketplace will have its own look, feel and sense of community while… more
Jan 17, 2019
The 53rd annual CES took place Jan. 8-11, attracting around 180,000 attendees and 4,500 exhibiting companies from more than 155 countries. Occupying 2.9 million net square feet of expo space at the Las Vegas Convention Center, this was the technology show’s largest-ever showfloor.
Due to space constraints, the show’s attendance likely won’t grow much more. The goal is to keep attendance capped at around 180,000, says Sarah Brown, senior manager of event communications with Consumer Technology Association, which produces CES. Last year’s show saw 182,198 domestic and international attendees;… more
Nov 09, 2018
The Las Vegas Convention and Visitors Authority (LVCVA) and the Consumer Technology Association (CTA), owner and producer of CES, have expanded their North American business partnerships by establishing an official Memorandum of Understanding (MOU) between the World Trade Center Las Vegas and the World Trade Center Saskatoon in Saskatchewan, Canada.
The agreement, signed last month during a ceremony at the 2018 World Trade Centers Association (WTCA) Annual Member Seminar in New York City, marks the first of its kind between WTC Las Vegas and a Canadian-based WTC entity.
Through the… more
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.