MGM RESORTS ANNOUNCES DEVELOPMENT PLANS FOR
5,000-SEAT THEATER AT MONTE CARLO
Blue Man Group Returns to Luxor, Its Original Las Vegas Home;
Jabbawockeez to Move to MGM Grand, Where it Debuted in 2010
MGM Resorts International (NYSE: MGM), one of the world’s leading presenters of live entertainment, today announced plans for an approximately 5,000-seat theater at Monte Carlo Restort & Casino
. The new concert venue will amplify the vibrant entertainment district taking shape on the west side of the Las Vegas Strip with a robust calendar featuring special engagements by many of the music industry’s most-celebrated performers.
With more than 7 million entertainment tickets sold in 2014 alone, MGM Resorts’ offerings are unrivaled. The Company owns and operates two arenas; two Las Vegas Strip festival lots (62 acres); seven theaters housing Cirque du Soleil production shows; 14 theaters for concerts, headliners and comedy performances; and more than two dozen lounges and nightclubs. Additionally, it is currently developing a new world-class Las Vegas arena as well as integrated resort projects in Macau and National Harbor, Maryland, each of which will feature entertainment venues as central amenities.
“From Las Vegas to Maryland, Macau to Massachusetts, presenting the biggest and most sought-after names in music, sports and special events is a core focus for MGM Resorts. This new theater will enable us to host performers in Las Vegas who we previously haven’t had a home for, broadening our entertainment offerings and providing the opportunity to expand those relationships to our properties around the globe,” said Bill Hornbuckle, President, MGM Resorts International.
Adjacent to The Park and 20,000-seat arena currently under construction on Las Vegas Blvd. between Monte Carlo and New York-New York, the theater will anchor the dynamic new entertainment district currently taking shape. While The Park and Arena are expected to open in April 2016, the Monte Carlo theater is projected to welcome its first act at the end of 2016. Unique to the market, the theater will offer dynamic seating that allows for easy transformation into multiple configurations, reflecting the flexibility of the space.
The development of this new theater at Monte Carlo creates opportunities for two beloved shows within the MGM Resorts family to get back to their roots, returning to the properties where they first wowed Las Vegas audiences:
Blue Man Group
Blue Man Group will move to Luxor this fall, returning to the property where they initially took Las Vegas by storm. The new venue, currently home to Jabbawockeez, will allow Blue Man Group the ability to transform its production into a custom entertainment experience built for maximum impact, with the action and spectacle closer than ever before.
“We have a strong affection for Luxor and are thrilled to return to this one-of-a-kind property,” said Phil Stanton, Blue Man Group Co-Founder. “We always embrace the opportunity to update and reimagine our show. At Luxor, we’ll have the ideal theater perfect for a completely immersive, multi-sensory experience. We plan to bring the intimacy of our New York City show and the spectacle of Las Vegas to our new home at Luxor.”
Hornbuckle said, “There are some things you just know are right, and Blue Man Group coming home to Luxor is a great win for us.”
Jabbawockeez
Jabbawockeez will take its dynamic mix of jaw-dropping choreography, music and special effects to MGM Grand, the city’s nightlife and entertainment leader. They will perform in the newly renovated theater currently occupied by Beacher’s Madhouse, where legendary Vegas showman Jeff Beacher will continue to bring his outrageous and over the top Beacher’s Madhouse shows every Saturday night.
“We’re honored to be heading back to MGM Grand – it’s a really special place for us. What began as a limited engagement has grown into an incredible experience headlining on the Las Vegas Strip,” said Jabbawockeez CEO and Co-Founder Phil Tayag. “The energy there is reaching new heights and we plan on playing off that vibe and taking things to a whole new level for our fans.”
Scott Sibella, President and COO of MGM Grand, said, “We’re thrilled to bring Jabbawockeez home to MGM Grand, where they launched in Las Vegas in 2010. Their unparalleled energy and style are a perfect complement to MGM’s renowned nightlife scene. Coupling that with the raw fun and craziness of Beacher’s Madhouse, the entertainment scene at MGM Grand will be off the charts.”
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 & Casino. For more information about MGM Resorts International, visit the Company’s website at www.mgmresorts.com.
Forward—Looking Statement
Statements in this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has based these statements on management’s current expectations and assumptions and not on historical facts. Examples of these statements include statements regarding the timing and components of the Company’s development projects. A number of important factors could cause actual results to differ materially from those indicated in such forward-looking statements, including effects of economic conditions and market conditions in the markets in which the Company operates, competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, and 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) filed with the Securities and Exchange Commission. 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.