Additionally, Marriott International and BetMGM sign loyalty marketing agreement to make Marriott
Bonvoy the exclusive hospitality loyalty program partner of BetMGM
Bethesda, Maryland and Las Vegas, Nevada, July 17, 2023 – Marriott International, Inc. (Nasdaq: MAR) and MGM Resorts
International (NYSE: MGM) announced today an exclusive long-term strategic licensing agreement and the creation of
MGM Collection with Marriott Bonvoy, which will launch in October 2023, and encompass 17 of MGM’s unrivaled resorts,
representing more than 40,000 rooms in Las Vegas and other cities across the U.S.
Beginning in October, several MGM Collection with Marriott Bonvoy resorts will be available for booking on Marriott’s
robust digital platforms, including Marriott.com and the Marriott Bonvoy mobile app, with all properties expected to
be available by the end of the year. These resorts will continue to be available on MGM Resorts’ channels, including
MGMRewards.com and the MGM Resorts mobile app.
“This historic, long-term agreement brings together two of the most trusted and iconic brands in hospitality and
entertainment,” said Bill Hornbuckle, President and Chief Executive Officer, MGM Resorts. “We’ve seen first-hand the
strong demand from Marriott International customers through our existing relationship at The Cosmopolitan of Las
Vegas, and this new agreement will enable us to further optimize our overall profitability. We’re thrilled to now
scale the relationship and offer Marriott Bonvoy members greater distribution access to our award-winning resorts –
as well as exclusive event and entertainment opportunities - in Las Vegas and across the U.S.”
"We are excited to make MGM Resorts’ incredible properties available on Marriott channels, allowing our members to
enjoy Marriott Bonvoy benefits when they stay at MGM Collection with Marriott Bonvoy resorts,” said Anthony Capuano,
President and Chief Executive Officer, Marriott International. “We look forward to increasing our global rooms
distribution by 2.4 percent as we grow our presence on the Las Vegas Strip and in other compelling destinations
across the U.S.”
The agreement between MGM Resorts and Marriott will also benefit members of both companies’ loyalty programs. Members
of MGM Rewards, MGM Resorts’ acclaimed loyalty platform with more than 40 million members globally, will be eligible
to link accounts with Marriott Bonvoy and receive select member benefits. Members of Marriott Bonvoy, Marriott’s
award-winning loyalty platform with over 180 million members globally, will be able to earn and redeem points for
stays at all MGM Collection with Marriott Bonvoy properties.
Familiar Brands on a New Stage
Of the 17 MGM resorts that will join MGM Collection with Marriott Bonvoy, four properties will also be
affiliated with existing Marriott collection brands: Bellagio Resort & Casino will join The Luxury
Collection, ARIA Resort & Casino will join Autograph Collection, Park MGM will become part of
Tribute Portfolio, and The Cosmopolitan of Las Vegas will continue its affiliation with Autograph
Collection.
Eight MGM resorts in Las Vegas will join MGM Collection with Marriott Bonvoy: Vdara Hotel & Spa, MGM
Grand Hotel & Casino, NoMad Las Vegas, The Signature at MGM Grand, Mandalay Bay Resort and Casino,
New York-New York Hotel & Casino, Luxor Hotel and Casino, and Excalibur Hotel & Casino.
Five MGM Resorts in other U.S. locations will also join MGM Collection with Marriott Bonvoy: Borgata
(Atlantic City, New Jersey), Beau Rivage (Biloxi, Mississippi), MGM Grand Detroit (Michigan), MGM
National Harbor (Maryland), and MGM Springfield (Massachusetts).
Marriott and MGM Give Loyalty Members Access to a New and Inspiring Level of
Experiences
Travelers visit Las Vegas for everything from food and wine to sports, music, gaming, and more. Marriott
Bonvoy and MGM Rewards will unlock significant benefits and experiences for members of both programs.
Marriott Bonvoy members will enjoy benefits at MGM Collection with Marriott Bonvoy resorts and MGM
Rewards members will receive certain benefits at Marriott Bonvoy’s global portfolio of more than 8,500
properties, while members of both programs will also be able to exchange MGM Rewards points for Marriott
Bonvoy points and vice versa. Marriott Bonvoy Moments, the program providing members access to
unparalleled experiences that fuel personal passions, will be enhanced by MGM’s unmatched culinary,
entertainment and sports offerings. More information about linking loyalty accounts, new experiences and
other loyalty program benefits will be provided to members of both programs in the coming months.
BetMGM and Marriott Bonvoy Further Enhance Member Benefits
Marriott International has also entered into a loyalty marketing agreement with BetMGM, MGM Resorts
International’s online gaming and sports betting joint venture, for Marriott Bonvoy to become BetMGM’s
exclusive hospitality loyalty program partner in the U.S. and Canada. Under this agreement, Marriott and
BetMGM will collaborate to provide Marriott Bonvoy members opportunities to earn Marriott Bonvoy points
on certain BetMGM transactions, and participate in exclusive games, experiences, and offers on the
BetMGM platform. In addition, BetMGM Rewards members will have the opportunity to exchange BetMGM
Rewards points into Marriott Bonvoy points. More information about the collaboration will be available
this fall.
Adam Greenblatt, BetMGM, Chief Executive Officer said, “We couldn’t be more excited to be able to offer
Marriott Bonvoy Members and our players another suite of incredible perks only found on BetMGM. Our new
agreement with Marriott International will create a truly robust rewards program that connects our
players and Marriott guests to the full BetMGM omnichannel experience.”
For more information, please visit https://www.marriott.com/marriott-brands/mgm-collection.mi
or https://www.mgmresorts.com/marriott
Editor’s Note: Mr. Capuano and Mr. Hornbuckle will host a virtual press conference at 9:30
am PT (12:30 pm ET) today, Monday, July 17, 2023. To register to attend the webcast, please click this
link: https://webinars.on24.com/messagebank/MarriottMGMResorts
To participate by phone please use the following information:
US Toll-Free Number: International Number: Conference ID:
+1-800-274-8461 +1-203-518-9814 MARMGM
To access the MGM Collection with Marriott Bonvoy asset library please click this link.
Note on forward-looking statements
All statements in this press release are made as of July 17, 2023. Neither Marriott International nor MGM
Resorts International (“we” and “our”) undertakes any obligation to publicly update or revise these
statements, whether as a result of new information, future events or otherwise. This press release and
the virtual press conference held today contain "forward-looking statements" within the meaning of
federal securities laws, including statements related to expected arrangements between Marriott
International and MGM Resorts International and Marriott International and BetMGM; the expected addition
of rooms and units to Marriott’s system; the expected timing of MGM Collection by Marriott Bonvoy
resorts being available for booking on Marriott’s platforms; expected arrangements related to
distribution channels and loyalty program offerings and benefits; the expected optimization of MGM
Resorts International’s profitability; the expected appeal of certain markets and destinations; travel
and lodging demand trends and expectations; and similar statements concerning anticipated future events
and expectations that are not historical facts. We caution you that these statements are not guarantees
of future performance and are subject to numerous evolving risks and uncertainties that we may not be
able to accurately predict or assess, including the risk factors that we identify in our Securities and
Exchange Commission filings, including our most recent Annual Reports on Form 10-K or Quarterly Reports
on Form 10-Q. Any of these factors could cause actual results to differ materially from the expectations
we express or imply in this press release or the virtual press conference held today.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national
and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and
conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of
restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through
its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming
destinations globally, including some of the most recognizable resort brands in the industry. The
Company’s 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through
market-leading brands, including BetMGM and partypoker, and the Company’s subsidiary LeoVegas AB
offers sports betting and online gaming through market-leading brands in several jurisdictions
throughout Europe. The Company is currently pursuing targeted expansion in Asia through the integrated
resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the
Planet" philosophy, MGM Resorts
commits to creating a more sustainable future, while striving to make a bigger difference in the lives
of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts
are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s
Most Admired Companies®. For more information, please visit us at www.mgmresorts.com.
Please also connect with us @MGMResortsIntl on Twitter as
well as Facebook and Instagram.
About Marriott International, Inc.
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a
portfolio of more than 8,500 properties under 31 leading brands spanning 138 countries and territories.
Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world.
The company offers Marriott Bonvoy®, its highly awarded travel program. For more information, please
visit our website at www.marriott.com, and for the latest
company news, visit www.marriottnewscenter.com. In
addition, connect with us on Facebook
and @MarriottIntl on Twitter and Instagram.
About BetMGM
BetMGM is a market-leading sports betting
and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership
between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to
all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming
businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports
betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and
Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit
http://www.betmgminc.com/.
Marriott Contacts
Melissa Froehlich Flood
SVP, Global Corporate Communications
(301) 380-4839
newsroom@marriott.com
Jackie Burka McConagha
SVP, Investor Relations
(301) 380-5126
jackie.mcconagha@marriott.com
Betsy Dahm
VP, Investor Relations
(301) 380-3372
betsy.dahm@marriott.com
MGM Resorts International Contacts
Brian Ahern
Executive Director of Communications
media@mgmresorts.com
Sarah Rogers
Senior Vice President of Finance
(702) 730-3942
srogers@mgmresorts.com
Andrew Chapman
Director of Investor Relations
(702) 693-8711
achapman@mgmresorts.com
BetMGM Contacts
Elisa Richardson
Director of Communications
press@betmgm.com