Stick with Las Vegas, MGM CEO says in public appearance

Updated October 10, 2017 - 6:00 pm

MGM Resorts Chief Executive Officer Jim Murren used a public appearance after last week’s massacre at one of his properties to ask convention organizers to stick with Las Vegas.

Murren, dressed in a gray-striped suit and white shirt, spoke on Tuesday to attendees of IMEX America, the world’s largest gathering of professionals in the meeting and convention industry. He was flanked by U.S. Travel Association President Roger Dow, LVCVA President Rossi Ralenkotter and IMEX Group Chairman Ray Bloom.

The executive reminded the several hundred people huddled in a theater at The Venetian that hundreds of thousands of Las Vegas families depend on the meetings and convention industry to support their families.

“They have a job because of you. And without you, they don’t have a job,’’ Murren told the audience in a somber voice. “You are doing what you can do. You are coming here supporting this destination and helping those families take care of themselves.’’

A shooter opened fire on a crowd of concertgoers on Oct. 1 from Mandalay Bay, one of MGM Resorts’ premier Strip properties, killing 58 people.

The shooting raised concern that some convention organizers might cancel upcoming events in Las Vegas, and at Mandalay Bay in particular, or not renew expiring contracts.

“The meetings and convention business, that is the backbone of this entire business model. Without that, everything else falls away,’’ Murren told the audience.

He didn’t take any questions from reporters after his speech, exiting the room through a side entrance guarded by security.

$350 Million of Investments

Murren has a lot — hundreds of millions of dollars — riding on that industry. He is currently investing $130 million to expand MGM Grand’s convention space.

His company last year completed a $70 million upgrade of the Mandalay Bay Convention Center and will soon finish a $150 million expansion of the meeting space at Aria Resort and Casino.

By 2019, MGM Resorts will have roughly 4 million square feet of meeting and convention space on the Strip, enough to hold 70 football fields.

Michael Dominguez, MGM Resorts senior vice president and chief sales officer, said that there were “minor cancellations’’ after the shooting but that 126 groups still met last week. Dominguez was seated in the audience as Murren spoke.

Tableau, International Spa and the American Health Care Association all announced last week that they plan to move ahead with their conventions at Mandalay Bay this month. International Spa said they had only one cancellation.

MGM and Las Vegas are fortunate that IMEX America is taking place just one week after the shooting, giving both a chance to show decision-makers that life has returned to normal in the city, members of the panel said.

“We think it is very fitting that we should have come to Vegas this week and also extremely fitting that the entire global meeting and events industry are sharing Vegas with us all this week,” said IMEX’s Bloom, adding that there were no cancellations.

About 12,000 people are expected to attend IMEX America, including 3,000 exhibitors from 150 countries. The show runs through Thursday at the Sands Expo and Convention Center.

IMEX announced two weeks before the shooting that it plans to move its annual show to the Mandalay Bay Convention Center starting in 2021.

Contact Todd Prince at 702 383-0386 or tprince@reviewjournal.com. Follow @toddprincetv on Twitter.

ad-high_impact_4
Business
The Venetian gondoliers sing Italian songs
Gondolier Marciano sings a the classic Italian song "Volare" as he leads guests through the canals of The Venetian in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal)
Building In Logandale
Texas homebuilder D.R. Horton bought 43 lots in rural Logandale. (Eli Segall/Las Vegas Review-Journal)
Indoor farming in Southern Nevada
Experts discuss Nevada's indoor farming industry. (Bailey Schulz/Las Vegas Review-Journal)
Former Fontainebleau could have become a Waldorf Astoria
Months after developer Steve Witkoff bought the Fontainebleau last summer, he unveiled plans to turn the mothballed hotel into a Marriott-managed resort called The Drew. But if Richard “Boz” Bosworth’s plans didn’t fall through, the north Las Vegas Strip tower could have become a Waldorf Astoria with several floors of timeshare units. (Eli Segall/Las Vegas Review-Journal)
LVCVA CEO Rossi Ralenkotter announces plans to retire
Rossi Ralenkotter, CEO of the LVCVA, on Tuesday confirmed a Las Vegas Review-Journal report that he is preparing to retire. Richard N. Velotta/ Las Vegas Review-Journal
Cousins Maine Lobster to open inside 2 Las Vegas Smith’s stores
Cousins Maine Lobster food truck company will open inside Las Vegas’ two newest Smith’s at Skye Canyon Park Drive and U.S. Highway 95, and at Warm Springs Road and Durango Drive. Cousins currently sells outside some Las Vegas Smith’s stores and at Fremont Street and Las Vegas Boulevard. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas home prices to continue to rise, expert says
Lawrence Yun, chief economist at the National Association of Realtors, gives homebuyers a pulse on the Las Vegas housing market. (Eli Segall/Las Vegas Review-Journal)
NV Energy announces clean energy investment
The company is planning to add six solar projects in Nevada, along with the state's first major battery energy storage capacity. Bailey Schulz/Las Vegas Review-Journal
3 Mario Batali restaurants on Las Vegas Strip to close
Days after new sexual misconduct allegations were made against celebrity chef Mario Batali, his company announced Friday that it will close its three Las Vegas restaurants July 27. Employees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria, all located in The Venetian and Palazzo resorts, were informed of the decision Friday morning. Bastianich is scheduled to visit the restaurants Friday to speak to employees about the next two months of operation as well as how the company plans to help them transition to new positions.
Nevada has its first cybersecurity apprenticeship program
The Learning Center education company in Las Vegas has launched the first apprenticeship program for cybersecurity in Nevada. It was approved by the State Apprenticeship Council on May 15. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas union members voting to authorize the right to strike
Thousands of Las Vegas union members voting Tuesday morning to authorize the right to strike. A “yes” vote would give the union negotiating committee the power to call a strike anytime after June 1 at the resorts that fail to reach an agreement. (Todd Prince/Las Vegas Review-Journal)
Small businesses struggle to find qualified candidates
A 2018 survey found that over two-thirds of small businesses in Nevada find it somewhat to very difficult to recruit qualified candidates. Bailey Schulz/Las Vegas Review-Journal
Nevada secretary of state website offers little protection against fraudulent business filings
Property developer Andy Pham tells how control of his business was easily seized by another person using the secretary of state website.
Caesars may be going solo in its marijuana policy
Several Southern Nevada casino companies aren’t following Caesars Entertainment’s lead on marijuana testing.
How much is the Lucky Dragon worth?
Less than a year-and-a-half after it opened, the Lucky Dragon was in bankruptcy.
Gyms and discount stores take over empty retail spaces
Grocery stores used to draw people to shopping centers. But many large retail spaces have been vacant since 2008. Discount stores like goodwill and gyms like EOS Fitness are filling those empty spaces, and helping to draw shoppers back in. K.M. Cannon/Las Vegas Review-Journal
Funding source of Las Vegas stadium for the Raiders is sound, expert says
The stadium is funded in part by $750 million of room taxes, the biggest such tax subsidy ever for a professional sports stadium. Robert Lang, executive director of Brookings Mountain West and The Lincy Institute at UNLV, says that is a good use of public funds. (Richard Velotta/Las Vegas Review-Journal)
Las Vegas needs light rail, expert says
Robert Lang, executive director of Brookings Mountain West and the Lincy Institute said he is afraid of a "congestion mobility crisis." Las Vegas needs a light rail system, he said, to accommodate the city's growing number of attractions. (Richard Velotta/Las Vegas Review-Journal)
Three takeaways from Wynn Resorts' Earnings Call
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
Star Wars VR Comes to Las Vegas
Sneak peak at the new "Star Wars: Secrets of the Empire" VR experience at the Grand Canal Shoppes.
Elaine Wynn continues her fight to change Wynn Resorts board
Elaine Wynn, the largest shareholder of Wynn Resorts Ltd., is seeking to kick a friend of her ex-husband Steve Wynn off the company’s board of directors. (Todd Prince/Las Vegas Review-Journal)
Zillow is getting into house flipping in Las Vegas
Las Vegas Review-Journal real estate reporter Eli Segall says flipping houses has waned in popularity after the housing bubble burst.
Ellis Island Buys Mt. Charleston Lodge
Ellis Island, which operates a casino, brewery and hotel just off the Strip, purchased the Mt. Charleston Lodge in early April.
Casinos to be penalized for allowing drug-impaired customers to gamble
Nevada Gaming Commission Chairman Tony Alamo talks about an amendment making casinos subject to the same disciplinary standards of preventing people to gamble if impaired by drugs as they are for letting them play while intoxicated by alcohol.
Terrible Herbst to open large travel center in Southern Nevada
The 50,000-square-foot commercial travel center will include 96 fuel pumps and the third White Castle restaurant in Southern Nevada. Wade Tyler Millward reports.
Art Bell’s Top 10 Shows
A selection of radio host Art Bell’s most popular shows.
Hooters owner talks about room upgrades at his hotel-casino
George Ruff, founder and senior principal of Trinity Hotel Investors L.L.C., owner of Hooters Hotel and Casino in Las Vegas, talks about recent room upgrades at the hotel. K.M. Cannon/Las Vegas Review-Journal
Passengers Discuss Allegiant Air
Allegiant Air passengers voice their views on the airline at McCarran International Airport on April 16, 2018. (Bailey Schulz/Las Vegas Review-Journal)
Longtime Las Vegas attorney John Momot dies at age 74
Criminal defense attorney John Momot, who represented mob figures and even played himself in the movie “Casino,” has died.
Trump Slams Amazon for Not Paying Enough in Taxes
Trump Slams Amazon for Not Paying Enough in Taxes Trump tweeted his concerns about the company on Thursday. This isn't the first time Trump commented on the issues via Twitter. August 2017 December 2017 Amazon did hold back on paying state taxes in 1995, but the company has been routinely collecting state sales taxes since then. In 2016, the company's report from the Securities and Exchange Commission confirmed it paid $412 million in taxes.
Crime
Metro Capt. Jaime Prosser gives update of officer-involved shooting
Metro Capt. Jaime Prosser provides an update about an officer-involved shooting at Radwick Drive and Owens Avenue in the northeast Las Vegas on Thursday. A robbery suspect was shot and killed. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
LVMPD Looking For Robbery Suspect
The LVMPD Commercial Robbery Section is attempting to identify the pictured suspect who is responsible for committing robberies to businesses in the southern part of the Las Vegas Valley during the month of May 2018. The suspect enters the business, threatens the employee with a firearm and demands money from the register. The employee complies and the suspect flees the business.
North Las Vegas police are investigating a triple shooting that left one man dead
North Las Vegas police are investigating a triple shooting that left one man dead at 2500 block of Ellis St., on Friday, June 8, 2018. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
1 dead in shooting at southwest Las Vegas home
A dispute between roommates led to the fatal shooting of one man in the backyard of their southwest Las Vegas Valley home on Monday, April 23, 2018. (Rio Lacanlale/Las Vegas Review-Journal)
Bump stock manufacturers under fire
The Justice Department said last month that it had started the process to amend federal firearms regulations to clarify that federal law defines bump stocks as machine guns.
Henderson Police Seek Armed Bank Robbery Suspect
This afternoon a male suspect entered the Bank of America, located at 2638 W. Horizon Ridge Parkway, at about 12:40 p.m. As he entered the bank, he pulled a black mask down to conceal his face.The suspect is described as a late-forties to early-fifties white male adult, approximately 5 foot 8 inches to 5 foot 10 inches tall and weighing approximately 160 to 180 pounds He was last seen wearing a dark colored beanie, a grayish blue plaid shirt, dark jeans and dark colored shoes. His head was shaved on the sides and the top of his hair was dark in color. Vehicle was described as possibly a gray 2012-2014 four door Ford Focus. The license plates were covered with black tape. The suspect is considered armed and dangerous. Do not attempt to contact the suspect but call police immediately. Anyone with information is urged to call the Henderson Police Department at 702-267-4911, to remain anonymous, call Crime Stoppers at 702-385-5555.
Sunset Park Homicide (update 2)
LVMPD gives update about suspect in homicide at Sunset Park (Blake Apgar)
Sunset Park Homicide (update)
Update from LVMPD on Sunset Park homicide. Releasing suspect's name (Blake Apgar)
Sunset Park Homicide
Police give details about Sunset Park homicide on Sunday, April 15, 2018. (Blake Apgar)
Security guard thwarts mailbox vandals
A security guard at the Covington at Coronado Ranch apartment complex ended up in the hospital after thwarting a group of mailbox vandals on Monday morning. According to Las Vegas police, about 12:45 a.m. the guard saw a group of people trying to break into mailboxes at the central Las Vegas complex when he confronted them. The group jumped into a vehicle and while trying to flee, struck the guard. The guard was hospitalized with injures that were not life-threatening. The suspects fled and remain at-large.
Las Vegas police looking for robbery suspects
Authorities are looking for three men who police said used a weapon on their victims in a recent string of robberies across the Las Vegas Valley. (Las Vegas Metropolitan Police Department)
Las Vegas police looking for robbery suspects
Authorities are looking for three men who police said used a weapon on their victims in a recent string of robberies across the Las Vegas Valley. (Las Vegas Metropolitan Police Department)
Metro investigates an officer-involved shooting in east Las Vegas
Las Vegas police investigate an officer-involved shooting at Madge Lane and Mabel Road, between Charleston Boulevard and Stewart Avenue, Friday, April 6, 2018, in Las Vegas. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Robbery Surveillance Video
Police are searching for a man suspected of robbing two Las Vegas clothing stores in one week.
Retail Restroom Sexual Assault Suspect
Las Vegas police are asking for help finding a man they said groped a woman in a south Las Vegas Valley restroom. (Las Vegas Metropolitan Police Department)
Calvary Christian Learning Academy, “There was no fair warning.”
Samantha O’Brien, whose three-year-old daughter attended the Calvary Christian Learning Academy daycare, found out Monday night when her daughter’s teacher called about the school closing.
TOP NEWS
News Headlines
Home Front Page Footer Listing
Circular
You May Like

You May Like