New York-listed casino and sports betting operator MGM Resorts International has brought in former Nevada Governor Brian Sandoval as president of global gaming development.
The former Governor will drive MGM Resorts' global expansion efforts, most importantly in Japan, and focus on state public policy efforts around sports gaming and solidifying the company's leadership in the growing sports betting market.
Following Sandoval’s arrival, MGM Resorts president Bill Hornbuckle will lead global casino marketing and be responsible for driving revenue growth and maximizing the value from the company's worldwide assets. Hornbuckle's marketing focus will also help drive the company's overall growth in Macau.
"Few leaders are as widely respected, accomplished and knowledgeable as Brian Sandoval, and we couldn't be more excited to have him as part of the MGM family," said MGM Resorts chairman and CEO Jim Murren. "Governor Sandoval brings an unparalleled level of skill, leadership and experience to the company, and we will benefit greatly from his in-depth expertise in gaming, public policy and economic development.
"Likewise, Bill Hornbuckle has a proven record of developing and implementing marketing strategies that excite and entertain in ways that translate to revenue enhancement and value creation. We are pleased that, with the recent launch of MGM 2020, a business operations and digital transformation program, Bill can enhance his focus on the vital role of leading global casino marketing so we can expand our market share in Las Vegas and abroad."
Governor Sandoval commented: "As I return to the private sector for the first time in over 20 years, finding the right professional opportunity to best suit my experience as a former legislator, gaming regulator, Attorney General, federal judge and Governor was important to me.
"MGM Resorts is a global leader in gaming and entertainment, and I look forward to joining the MGM team led by Jim Murren, someone who I greatly respect. Jim has formed critical relationships in Japan and in sports, and I look forward to building upon this strong foundation."
Hornbuckle added: "This is an exciting time for MGM Resorts as we continue to expand our gaming operations around the world while simultaneously transforming the company through MGM 2020.
"I look forward to leveraging our global operations and harnessing the power of new digital tools to deliver on our strategic objectives, capture market share and grow revenue."
Shares in MGM Resorts International (NYSE:MGM) closed in New York Tuesday up 2.64 per cent at $27.21 per share.