March 23, 2015

CREDIT SUISSE

18th ASIAN INVESTMENT CONFERENCE

Vice President, Investor Relations MGM Resorts International

SARAH ROGERS

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WHO WE ARE TODAY

Premier Gaming And Entertainment Company With a Globally Recognized Brand

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DIVERSE GEOGRAPHIC REVENUE MIX

Las Vegas 54%

U.S. Regional

12%

Macau 34%

(2014)

Note: Excludes Management & Other Operations 5

BUILDING OUT THE MGM BRAND

Detroit, MI

Las Vegas, NV

Atlantic City, NJ

National Harbor, MD

Springfield, MA

Elgin, IL

Biloxi, MS

Tunica, MS

MGM Properties*

M life Partnership

Future MGM Properties Under

Construction

U.S. MACAU

* Including JVs

Other Non-gaming

partnerships with

Hakkasan and

Diaoyutai

Macau

Cotai

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Net Revenues OPERATING TRENDS

$6,353 $6,493 $6,800

$2,808 $3,317 $3,283

2012 2013 2014

MGM Resorts MGM China

Adjusted EBITDA*

* Before unconsolidated affiliates

($ in millions) ($ in millions)

$9,161 $9,810 $10,082

$1,335 $1,469 $1,554

$679 $814 $850

2012 2013 2014

MGM Resorts MGM China

$2,015 $2,283 $2,405

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LEADING THE MARKET IN LAS VEGAS

Circus Circus Excalibur Luxor NY-NY *50/50 JV with Infinity World Development Corp, a subsidiary of Dubai World

MGM Grand Bellagio CityCenter* Mandalay Bay Mirage

Monte Carlo

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LAS VEGAS STRIP REAL ESTATE

MGM Resorts

740 Acres

Wynn

240 Acres

LV Sands

82 Acres

Caesars

304 Acres

Genting

87 Acres

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DIVERSE LAS VEGAS STRIP REVENUE MIX (2014)

GAMING 30%

NON-GAMING 70%

Casino

30%

Rooms

28%

Food & Beverage

23%

Retail, Entertainment

& Other

19%

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LAS VEGAS IN 2014 Visitation +4% Record 41.1 million

Occupancy +2.4 pts Highest since 2008

Average Daily Rate +5% Fifth year of consecutive increase

Convention Attendance +1% Strip Gaming Revenues -2% McCarran Passengers at Highest Levels Since 2008

• Driven by international passengers +13% • Fastest growing international market for last two years

Source: LVCVA, Nevada Abstract 11

MGM RESORTS - WHOLLY OWNED STRIP

Improving Operating Results:

• Net Revenue +6% YoY • RevPAR +8% YoY • Adjusted EBITDA +7% YoY

Record Convention Mix 17%

Investing for Future Growth

• The Arena / Park • Festival grounds / Rock in Rio • Mandalay Bay room renovation

(2014)

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MONTE CARLO / NY-NY STRIP FRONTAGE 13

THE ARENA COMING IN 2016 14

COMING IN 2016 THE PARK / ARENA 15

MUSIC FESTIVALS - MGM VILLAGE

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COMING IN 2015

MANDALAY BAY CONVENTION CENTER EXPANSION

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FUTURE DEVELOPMENT OPPORTUNITIES MGM National Harbor (Maryland)

MGM Springfield (Massachusetts)

MGM Hospitality Globally Monitoring Prospects for Integrated Resorts

• Japan • South Korea

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AVP, Investor Relations MGM China Holdings Limited

SIDNEY LUK

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THE MGM CHINA INVESTMENT CASE Award-Winning 5-Star Luxury Integrated Resort

Best-In-Class Technology And Data Analytics to Maximize Yield

Highly Regarded And Experienced Management Team

Returning Value To Shareholders 35% of annual profits paid in regular dividends $1.8 billion* in special dividends paid since 2012

Strong Balance Sheet And Operating Cash Flow

Investing In The Future - MGM Macau and MGM Cotai Maintain high-quality gaming experience, with a focus on non-gaming amenities

* Includes $400 million distributed in March 2015 28

MGM CHINA FINANCIAL OVERVIEW

Net Revenues -1% ($3.3 billion) VIP -16% vs. Market -11% Mass Table +34% vs. Market +16%

Adjusted EBITDA +5% ($850 million)

Occupancy 99%

Continued solid performance in 2014

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2010 2011 2012 2013 2014

($ in millions)

$365

$685

$822

$637

EBITDA Margin 23% 24% 24% 25% 26%

$850

MGM CHINA EBITDA TRENDS

* 2010 and 2011 EBITDA based off on International Financial Reporting Standards (IFRS)

* *

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MGM China holds a larger than its fair share of Macau’s GGR based on the number of tables in the market

MACAU GAMING MARKET SHARE

* Based on number of gaming tables

Rest of Market 90%

MGM China

10%

2014 GGR Market Share Fair Share*

VS

Source: Company data, Deutsche Bank Research

Rest of Market 93%

MGM China

7%

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OPERATION STATS - GAMING REVENUE

2011 2014

22% 35%

78% 65%

Mass (Tables & Slots) VIP

2011 2014

52% 73%

48% 27%

Mass (Tables & Slots) VIP

Gaming Revenue Contribution (% of total)

EBITDA Contribution (% of total)

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Sources: Company data Note: As of December 31, 2014; Galaxy Macau data assumes USD/HKD=7.77

Property EBITDA per Hotel Room Inventory Per Day (USD) ROOM YIELD OUTPERFORMING MARKET

$4.2K

$3.4K

$2.2K $1.6K $1.5K

$0.5K

MGM Macau Wynn Macau City of Dreams Galaxy Macau VenetianMacao

Sands CotaiCentral

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BEST POSITIONED FOR GROWTH

MGM China SJM Holdings Wynn Macau Melco Crown Galaxy Sands China

2017E ROOM COUNT GROWTH

+256% +244%

+168%

+142%

+41% +37%

The addition of 1,500 rooms at MGM Cotai will more than triple

MGM China’s room count in Macau

Sources: J.P. Morgan, Company data 34

MGM MACAU REINVENTION Gaming

- Supreme gaming lounge upgrade and expansion (in process) - Complete redesign of the Mass gaming floor for better customer flow and experience

Hospitality - Retail space expansion - F&B new concepts and total upgrade - Hotel room refurbishment

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THE LONG TERM MACAU STORY Mainland China penetration remains low and concentrated

Macau Mass market represents 0.2% of China GDP, which is half of U.S. Mass % of GDP1 China’s urban population’s visits to Macau annually ~2% vs. ~10% U.S. visitors to Las Vegas1

70% of Mainland China visitors are from Guangdong Province

Infrastructure projects Hong Kong-Zhuhai-Macau Bridge China high speed rail network build-out Light rail system within Macau

Potential travel policy reform in Mainland China

Extended border gate hours and increased room supply favorable to

demand and length of visitation

Development of Hengqin

Sources: DSEC, News 1 Morgan Stanley 36

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MGM Cotai

Light Rail

High Speed Rail

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TITLE TEXT

Body Level One Body Level Two Body Level Three Body Level Four Body Level Five

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RETAIL 40

MGM COTAI - MANSION

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MGM COTAI - CONSTRUCTION UPDATE 42

SAFE HARBOR Cautionary Statement Concerning Forward-Looking Statements: Statements in this presentation that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 and involve risks and/or uncertainties, including those described in the Company’s public filings with the Securities and Exchange Commission. The Company has based forward-looking statements on management’s current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements regarding our development projects. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company’s Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

Non-GAAP Financial Measures: The financial information included in this presentation includes non-GAAP financial measures. The Company’s management uses non-GAAP financial measures to evaluate the Company’s performance and provides them to investors as a supplement to the Company’s reported results, as they believe this information provides additional insight into the Company’s operating performance by disregarding certain non-recurring items. Reconciliations can be found in the financial schedules accompanying the Company’s earnings releases.

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CREDIT SUISSE

18th ASIAN INVESTMENT CONFERENCE

March 23, 2015

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