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MGM National Harbor releases report on local community participation

MGM National Harbor, a subsidiary of MGM Resorts International, has released its first quarterly report on its Maryland resort to the oversight committee monitoring the company’s efforts to meet local participation goals.

The company’s president informed the Prince George's County Community Benefits Agreement Oversight Committee that the company has done well to meet its targets of employment and cultivating small businesses.

"Our first report demonstrates our commitment and shows we are off to a fast start and well on our way to achieving the CBA goals," said Lorenzo Creighton, President and COO for MGM National Harbor.  

"Of the more than $64.5 million spent on construction in 2014, more than $20 million - 31 percent - was spent on minority-owned businesses against an overall project goal of 30 percent.  Having met and exceeded that goal in 2014 means good-paying jobs for our community, and it reflects early momentum and meaningful progress toward our commitment to Prince George's County, and the region."

The company plans to open a luxury hotel, have fine dining options and a casino at the harbor.

Figures reported are for construction work performed through December 31, 2014 and represent about 8 percent of total construction.

Bob Ross, president of the Prince George's County Branch of the National Association for the Advancement of Colored People said: "This report reinforces what we hoped MGM Resorts would bring to our community – jobs and opportunities for minority-owned businesses. These numbers are quite impressive considering the project has really just started. They represent a very strong beginning."

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