MGM Resorts President & CEO signs new employee agreement

As part of Hornbuckle’s updated employment contract, the operator also agreed to offer him an advisory agreement at the end of the term to assist with its integrated resort project in Japan.

MGM Resorts International has agreed to a new employment contract with President & CEO Bill Hornbuckle, set to keep the gaming industry veteran with the company under his current position through December 31, 2028. 

“I am honored to continue leading this company at an exciting time of both digital growth and resort expansion in places like New York, Japan, Brazil and the Middle East. Our best days remain in front of us, and I’m thankful to our Board for their continued trust and support,” Hornbuckle said. 

“The success we’ve enjoyed over the last five years is a testament to our leadership team and our employees who have embraced our culture of guest-centricity and continuous improvement. Together, we will continue to pursue our vision to be the world’s premiere gaming entertainment company.”

As part of his new employment contract, MGM Resorts also agreed to offer Hornbuckle an advisory agreement at the end of the term to assist with its integrated resort project in Osaka, Japan until opening.

Under his position as President & CEO of MGM Resorts, Hornbuckle oversees all aspects of the company’s strategy, operations and hospitality and gaming development projects, as well as its global development efforts and digital gaming strategy.

Good to know: Following a stipulation filed by the NGCB on April 17, MGM Resorts agreed to an $8.5m settlement with the state regulator for failing to report the activity of illegal bookmakers Wayne Nix and Mathew Bowyer

“Bill is an exceptional, visionary leader who successfully guided the company through the Covid-19 pandemic while also positioning the business for long-term growth through new digital ventures, strategic M&A opportunities and expansion into new international markets,” MGM Resorts Board of Directors Chairman Paul Salem said. 

“Bill has earned the trust, respect and admiration of his employees, peers, shareholders and this Board. We’re thrilled that he has agreed to remain in his role for the foreseeable future.”

Hornbuckle is also a member of MGM Resorts’ Board of Directors and serves as Co-Chairman of the Board of Directors for MGM China Holdings, which operates resorts in Macau.

Kirk Geller

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