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MGM RESORTS INTERNATIONAL NAMES AYESHA MOLINO CHIEF OPERATING OFFICER; GARY FRITZ NAMED CHIEF COMMERCIAL OFFICER AND PRESIDENT OF MGM DIGITAL
Prnewswire· 2025-09-18 20:05
Core Insights - MGM Resorts International has appointed Ayesha Molino as Chief Operating Officer and Gary Fritz as Chief Commercial Officer and President of MGM Digital, with Fritz starting immediately and Molino's appointment effective January 1, 2026 [1][2]. Leadership Changes - Ayesha Molino will succeed Corey Sanders, who is set to retire on December 31, 2025, after over 30 years with the company [2][11]. - Molino has a strong track record, having led ARIA to record EBITDAR, annual revenue, hotel and casino revenue, and guest satisfaction scores [2]. - Gary Fritz has been pivotal in advancing MGM's digital strategy, particularly with the BetMGM brand's expansion into international markets like Brazil [2][5]. Background of New Appointees - Ayesha Molino has been with MGM Resorts since January 2017, previously serving as Chief Counsel to former Senate Majority Leader Harry Reid [3]. - Molino holds a BA from the University of California, Riverside, and a JD from The George Washington University Law School [4]. - Gary Fritz has extensive experience in global strategy and expansion, having worked with companies like Expedia and McKinsey & Company [6]. Company Overview - MGM Resorts International is a global gaming and entertainment company with a portfolio of 31 hotel and gaming destinations [8]. - The company operates BetMGM, a leading sports betting and online gaming platform in North America, and is pursuing expansion in Asia, particularly in Japan [8].
MGM YONKERS SUBMITS COMMERCIAL CASINO LICENSE APPLICATION IN NEW YORK
Prnewswire· 2025-06-26 20:15
Core Viewpoint - MGM Yonkers Inc. has submitted a $2.3 billion proposal to transform the Empire City Casino into a commercial casino and entertainment destination, aiming to benefit the local community and the State of New York [1][2][6] Group 1: Project Details - The proposal includes full renovation and expansion of existing gaming areas, a high-limit lounge, and a state-of-the-art BetMGM Sportsbook for retail sports betting [2] - Plans feature a 5,000-person capacity entertainment venue and meeting space for various performances and community events [2] - The project will also introduce three new full-service restaurants and renovate existing dining options [3] Group 2: Economic Impact - Since its opening in 2006, Empire City Casino has generated over $5 billion for New York State education, with $1.6 billion contributed since MGM Resorts took ownership in 2019 [5] - The project is expected to create thousands of direct, induced, and indirect jobs, enhancing economic activity in the region [7] - If awarded the license, 20% of generated tax revenue will be distributed, with 10% to Yonkers, 5% to Westchester County, and 5% to Rockland and Putnam counties [6] Group 3: Sustainability and Community Commitment - The proposal includes a parking garage with solar energy arrays and electric vehicle parking, showcasing MGM Resorts' commitment to sustainability [3] - Significant investments are planned for public infrastructure improvements in Yonkers, including roads and water lines [8] - MGM Resorts emphasizes building and sustaining communities as a core belief, integrating energy-efficient methods in the project [8]