MGM RESORTS INTERNATIONAL AND HAKKASAN GROUP ANNOUNCE FORMATION OF JOINT VENTURE HOTEL COMPANY MGM HAKKASAN HOSPITALITY

New Company to Pursue Global Growth in Hospitality Industry

LAS VEGAS (APRIL 15, 2014) – MGM Resorts International (NYSE: MGM) and Hakkasan Group today announced the formation of a joint venture hotel management company, to be named MGM Hakkasan Hospitality. The strategic alliance will focus on the design, development and management of luxury non-gaming hotels, resorts and residential offerings under the Bellagio, Hakkasan, MGM Grand and SKYLOFTS brands in key international gateway cities and prime resort destinations across the globe. All of the hotel and resort projects currently under development by each group will be contributed to the joint venture, including MGM projects in the Americas, the Middle East, and Asia; and Hakkasan projects in Abu Dhabi and Dubai.

MGM Hakkasan Hospitality marries the strengths of MGM Resorts International and Hakkasan Group. MGM Resorts is a world leader in experiential hospitality and is recognized for designing and operating destination hotels unparalleled in innovation, amenities and quality of service, while Hakkasan Group is a distinguished global lifestyle company offering a unique approach to restaurant, lounge, nightlife and daylife experiences.

“This joint venture exemplifies one of our stated strategies of developing Hakkasan Group into a multifaceted global lifestyle company. While hotel and resort projects have been part of our business plan for some time, it was crucial for us to find the best possible partner that could bring a wealth of experience and skill to the development and operation of branded products, and we believe there is no better choice than MGM Resorts International,” said Khadem Al Qubaisi, Chairman of Hakkasan Group.

Jim Murren, Chairman and CEO of MGM Resorts International, said, “Our partnership with the team at Hakkasan began with the incredibly successful opening of Hakkasan Las Vegas Restaurant and Nightclub at MGM Grand in April 2013. Growing that relationship to form MGM Hakkasan Hospitality provides us both with access to capital as well as the opportunity to join their internationally renowned lifestyle brand with iconic brands such as Bellagio and MGM Grand as we seek to create resort destinations and lifestyle experiences around the globe.”

Each party is contributing brand licenses to the new MGM Hakkasan Hospitality, with a combined portfolio that boasts many of the world’s finest hospitality brands in Bellagio, Hakkasan, MGM Grand and SKYLOFTS. The new joint venture will aggressively pursue gateway cities around the world. Early targets will include such international destinations as New York, Beverly Hills and London. Additionally, Hakkasan Group will focus on placing other high-profile dining and nightlife brands into MGM Hakkasan Hospitality hotel and residential developments in order to maximize value from its portfolio of assets.

Hakkasan Group CEO Neil Moffitt will lead the joint venture, as he becomes CEO of MGM Hakkasan Hospitality, and MGM Hospitality COO Michael Evans will be COO of the newly formed company. The company will operate under a combined board and governance.

Moffitt said, “With existing projects already in the pipeline, a strong operational infrastructure and access to capital resources, MGM Hakkasan Hospitality will have more exposure to greater opportunities, improve the utilization of its resources and be more efficient in its operations.”

For more information, please visit www.mgmhk.com.

About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world’s leading global hospitality companies, operating 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 & Casino. For more information about MGM Resorts International, visit the Company’s website at www.mgmresorts.com.

About Hakkasan Group
Founded in London in 2001, Hakkasan Group pioneered modern Cantonese fine dining through its Michelin-starred restaurants Hakkasan Hanway Place, Hakkasan Mayfair, Hakkasan New York, Yauatcha and HKK. It has since expanded its Hakkasan locations globally to Miami, Abu Dhabi, Mumbai, Dubai, Doha, San Francisco, Las Vegas, Beverly Hills and the recent opening of Shanghai in March. Hakkasan Group’s brand portfolio also includes the Japanese fine dining concept Sake no Hana (London and Dubai), and social dining properties Searsucker (San Diego, Del Mar and Austin), Herringbone (San Diego and Los Angeles) and Social House at The Shops at Crystals. It also includes newly acquired nightlife venues such as PURE Nightclub at Caesars Palace, WET REPUBLIC Ultra Pool at MGM Grand, Stingaree Nightclub in San Diego, HQ Beach Club and HQ Nightclub at Revel in Atlantic City. Hakkasan Group is owned by Tasameem Real Estate LLC, an Abu Dhabi-based investment company. For more information, visit www.hakkasangroup.com.

Award-Winning Artist The Weeknd Takes Over PURE Nightclub for Live Performance Friday, May 16

PURE Nightclub inside Caesars Palace will host the anticipated return of The Weeknd as he takes over the iconic main stage for a memorable live performance Friday, May 16. The celebrated R&B artist, also known as Abel Tesfaye, will have thousands of partygoers flocking to the nightspot to dance the night away as he brings his sultry sounds to the main room.

Continuing to release crowd-pleasing hits, the intriguing singer’s most recent “Kiss Land” hit No. 1 on three Billboard charts and No. 1 on iTunes and was fueled entirely by true fan support, word-of-mouth, cinematic visuals and artistic relevance. “The Weeknd is the defining ethic of R&B today…with an absolutely one-of-a-kind voice,” says the Los Angeles Times.  The multi-talented singer is also on the rise with his latest venture into the fashion industry as he develops his Official Issue XO collection with the addition of a women’s apparel line for the spring of 2014.

Coyote Ugly Bar & Dance Saloon Hosts Luck of the Coyotes in Honor of St. Patrick’s Day

Coyote Ugly Bar & Dance Saloon at New York-New York Hotel & Casino will celebrate St. Patrick’s Day with a weekend of sultry festivities and specials Friday, March 14 – Monday, March 17. The Strip’s wildest watering hole is set to let loose in true “Coyote” style while the sexiest women in Las Vegas host the Luck of the Coyotes party. Guests can indulge in a variety of Irish-inspired drink specials including $7 Jameson Shots, $5 Beers and $3 JELL-O Shots, all perfect for the raucous holiday. The famed ladies, clad in sexy green attire, will keep the party going all weekend with their sassy moves and festive party favors.

HAKKASAN GROUP ACQUIRES ANGEL MANAGEMENT GROUP

LONDON, UK (FEBRUARY 19, 2014) – Hakkasan Group announced today the acquisition of Las Vegas-based nightlife and entertainment company, Angel Management Group (AMG). AMG manages a number of significant hospitality venues, including Hakkasan’s own Nightclub at MGM Grand Hotel & Casino, together with PURE Nightclub at Caesars Palace, WET REPUBLIC Ultra Pool at MGM Grand, Social House restaurant inside The Shops at Crystals, HQ Beach Club, and HQ Nightclub at Revel in Atlantic City. The acquisition will provide Hakkasan Group with significant day-to-day operational capability and infrastructure, which will enable it to further expand its brand and hospitality operations in North America. HKK Hospitality Limited will continue to provide global strategic management services to the Hakkasan Group, from its headquarters in the UAE.

Hakkasan Group selected AMG over two years ago to develop the world’s most innovative dining and nightlife establishment, Hakkasan Las Vegas Restaurant and Nightclub at MGM Grand, which debuted to critical acclaim in 2013. Since then, the two companies have been working in conjunction to open new properties including Hakkasan Beverly Hills, and the newly acquired Herringbone at Mondrian Los Angeles. Hakkasan Shanghai will open in early 2014.

“Following a successful partnership with Angel Management Group, we believe the consolidation of its businesses will accelerate Hakkasan’s goal of creating a suite of multifaceted global lifestyle brands. AMG has a proven track record of success in venue operation and marketing, and has established high-performing venues and experiences that appeal to guests and generate strong revenues. That combination makes the acquisition extremely appealing in the context of our business objectives. I am also confident that AMG’s existing relationships in the US hospitality industry will provide opportunities for Hakkasan to establish other strategic partnerships as we seek to grow the business.” said Khadem Al Qubaisi, Chairman of Hakkasan Group.

“I am delighted to be in a position to unite our collective assets and teams in order to create a strong international group with experience in all areas of hospitality” said Neil Moffitt, Chief Executive Officer of Hakkasan Group. “Our first priority will be to expand upon the success of Hakkasan’s venues and develop the brand portfolio in other markets, followed by the launch of several new concepts over the next few years”.

The acquisition will see Moffitt, the founder and CEO of AMG and current CEO of Hakkasan Group and HKK Hospitality Limited, increase his focus on the strategic development and global expansion of the Hakkasan Group. New responsibilities will include the establishment of additional divisions, including the group’s hotel division. Nick McCabe, former Vice President of Strategy for AMG, will become the President of Hakkasan Group, and will be responsible for the day-to-day operations of the company’s portfolio.

About Hakkasan Group
Founded in London in 2001, Hakkasan Group pioneered modern Cantonese fine-dining through its Michelin-starred restaurants Hakkasan Hanway Place, Hakkasan Mayfair, Hakkasan New York, Yauatcha

and HKK. It has since expanded its Hakkasan locations globally to Miami, Abu Dhabi, Mumbai, Dubai, New York, Doha, San Francisco, Las Vegas and Beverly Hills, with an offering in Shanghai to open in early 2014. Hakkasan’s brand portfolio also includes the Japanese fine dining concept Sake no Hana (London and Dubai), and social dining properties Searsucker (San Diego, Del Mar and Austin), Herringbone (San Diego and Los Angeles) and Stingaree nightclub in San Diego. Hakkasan Group is owned by Tasameem Real Estate LLC, an Abu Dhabi-based investment company. For more information, visit www.hakkasan.com.

About Angel Management Group
Angel Management Group (AMG) has built an unrivalled reputation as a premier entertainment and nightlife company led by an executive team combining over 100 years of experience. AMG specializes in venue operations, food and beverage management, marketing, promotions, festival and arena event production as well as brand licensing, sponsorship development, public relations, talent booking and music programming. It currently handles premier entertainment properties including WET REPUBLIC Ultra Pool and Hakkasan Nightclub at MGM Grand Hotel & Casino, PURE Nightclub at Caesars Palace Las Vegas, Social House inside The Shops at Crystals, HQ Beach Club, and HQ Nightclub at Revel in Atlantic City. For more information, visit www.angelmanagementgroup.com or find us on Facebook and Twitter.

Enjoy The Ultimate VIP Experience With College Basketball Viewing Parties at PURE Nightclub March 20 – March 23

Las Vegas – PURE Nightclub inside Caesars Palace will welcome college basketball fans for an action-packed weekend inside its PURE Lounge with the ultimate viewing party experience Friday, March 20 through Sunday, March 23. From 9 a.m. to 10 p.m. daily, guests can kick back and enjoy the games with 32 widescreen HD televisions, a selection of premium seating, VIP table experiences and an array of game day cuisine.

PURE Lounge will offer the ideal skybox experience with exclusive beer and cocktail specials, as well as a variety of tasty bites sure to satisfy any game day craving. With menu items including Zesty Chicken Wings, BBQ Pork Sliders with Pineapple Slaw, Grilled Loaded Chicken Sandwiches, the infamous Dirty Chip “Nacho” and much more all sold a la carte and in large party-size platters, PURE Lounge will serve as the premier destination for college basketball fans this March.

For reservations please contact Irene Pham at Irene.pham@amgcorp.com . Guests must be 21 years of age or older.

Jesse Jane Hosts Official AVN After-Party at PURE Nightclub – Saturday, Jan. 18

Saturday, Jan. 18. PURE Nightclub at Caesars Palace welcomed the stunning adult entertainment star Jesse Jane as she hosted the official AVN after-party. Immediately following the star-studded AVN Adult Entertainment Expo Awards, the blonde bombshell made her way to the mega-club where she hit the red carpet and wowed photographers in a sexy, form-fitting black dress. Shortly after her arrival, the sultry beauty took her seat at her VIP table located on the main stage. The star immediately got the party started as she took over the DJ booth and hopped on the mic to address her fans. The main room of the nightclub cheered with excitement as Jesse Jane went back to her VIP table and began showing off her best dance moves for all to see.

As the night continued, the adult star spent her evening dancing, sipping cocktails and mingling with fans while DJ Shift manned the turntables playing chart-topping hits into the early hours of the morning.