MGM Resorts International Earns Gubernatorial Award for Volunteer Initiative, Named Nevada’s 2012 Top Company for Volunteerism
Recognition spotlights employees’ donation of 113,000 volunteer hours to communities in 2012
LAS VEGAS, Jan. 18, 2013 - Governor Brian Sandoval has awarded MGM Resorts International (NYSE: MGM) the 11(th) Annual Nevada Governor’s Points of Light Award for its employee volunteer initiative.
The recognition comes on the heels of MGM Resorts’ announcement that in 2012, employees donated more than 113,000 volunteer hours to the community, far surpassing the corporate goal of 100,000 hours set by Jim Murren, Chairman and CEO of MGM Resorts. A total of 850 charitable organizations benefited from the employees’ community service last year.
The value of time donated by MGM Resorts’ employees is estimated at more than $2.1 million, according to the Independent Sector, an organization that calculates the value of volunteer work. In Nevada, each hour of volunteer work is worth $18.82.
“It’s true that these are challenging times for our state and nation,” said Gov. Sandoval. “Volunteerism, like charitable giving, has suffered a bit as families look inward. And yet, in every corner of our state, members of the Nevada family continue to step up and give up their time. So today, we proudly recognize some stand-out individuals and organizations who have given of their time, treasure and talent.”
The Governor’s Points of Light Awards highlight service by honoring outstanding volunteers and volunteer programs across the state with finalists and award recipients in six separate categories. MGM Resorts is the first company in the gaming industry to receive the prestigious award.