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Gymkhana to Debut at ARIA Resort & Casino in Las Vegas This Fall

1. MGM's ARIA Resort will debut Gymkhana, a Michelin-starred restaurant. 2. Gymkhana's opening aims to enhance ARIA's culinary reputation in Las Vegas. 3. The restaurant will offer a diverse Indian menu and exclusive dishes. 4. Gymkhana is known for its renowned cuisine and high-profile clientele. 5. MGM focuses on luxury dining to attract global visitors to Las Vegas.

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Why Bullish?

The introduction of a Michelin-starred restaurant is likely to boost foot traffic and overall revenue at MGM's properties, especially in a competitive market. Historical examples show that unique high-end dining options similarly impacted stocks positively, such as when Nobu restaurants expanded within major hotels.

How important is it?

The opening of Gymkhana aligns with MGM's strategy to offer premier dining experiences, which attracts higher-spending customers and differentiates their offerings in a competitive market.

Why Long Term?

The restaurant's opening could gradually enhance MGM's brand reputation and guest experience over time, leading to increased customer loyalty and repeat visits. As seen with previous restaurant launches in Las Vegas, establishing a solid reputation typically takes several months.

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Two Michelin-starred London restaurant launches first U.S. location, blending fine Indian cuisine within a vibrant setting, /PRNewswire/ -- In a bold move set to redefine the Las Vegas dining scene and welcome a new chapter of culinary excellence, ARIA Resort & Casino will debut the acclaimed Two Michelin-starred restaurant Gymkhana, this fall. Inspired by the private clubs of India – where high society gathers to dine, drink, socialize and play sport – Gymkhana will introduce a new level of sophistication to ARIA's food and beverage portfolio, further cementing the resort's reputation as a premier culinary destination in the heart of the Las Vegas Strip. Gymkhana at ARIA Resort & Casino in Las Vegas - Exterior Rendering. Courtesy: MGM Resorts International Founded by siblings Jyotin, Karam and Sunaina Sethi of JKS Restaurants, the original Gymkhana in London is one of the city's most celebrated and in-demand restaurants, beloved by A-listers and critics alike. The cuisine takes influence from the breadth of India and is renowned for its bold flavors and rich, layered spicing rooted in tradition. The menu will showcase many of Gymkhana's signature dishes, broadly focusing on tandoor-grilled specialties, classic regional curries, fragrant biryanis and chaat-style sharing plates. Alongside the signature offering, there will be new dishes exclusive to the Las Vegas location. The restaurant's bar will feature Indian-inspired cocktails with modern interpretations of renowned classics – all handmade with premier spirits and ingredients to offer a variety of curated beverage options based on guest preference. "Gymkhana in London has firmly established itself as a global destination, drawing guests from around the world for its remarkable, curated experience," said Ayesha Molino, President & COO of ARIA. "We're honored to partner with the JKS family to bring this iconic brand to Las Vegas, delivering something truly unforgettable, in a way only ARIA can." Jyotin, Karam and Sunaina Sethi are credited for their innovative, boundary-pushing approach to hospitality. Later this year, JKS also will unveil another of its award-winning concepts, Ambassadors Clubhouse, in New York City, establishing a coast-to-coast presence in two of the country's most dynamic culinary capitals.JKS Co-founder Jyotin Sethi said, "Las Vegas is home to many world-class restaurants and showcases many cuisines, but the ARIA team was the first to recognize that the time is ripe for Indian food to be at the forefront. Their sensitive approach to the partnership is something we have hugely valued, and they match our desire to ensure the authenticity of the Gymkhana experience, from London to Las Vegas. We are thrilled to be bringing our Indian hospitality and food to such a vibrant scene."Additional details about Gymkhana will be released in the coming months. For the latest, please visit Gymkhana Las Vegas or follow @GymkhanaLasVegas on Instagram.About ARIA Resort & CasinoARIA Resort & Casino is centrally located on the Las Vegas Strip featuring amenities including world-class dining experiences at Din Tai Fung, Carbone and CATCH, premium meeting and convention space, striking architecture and sustainable design. Combined with its unparalleled offerings, including the first-of-its-kind public Fine Art Collection, ARIA sets the bar for a new generation of resort experiences. ARIA is operated by MGM Resorts International (NYSE: MGM). For more information and reservations, visit ARIA.com, call toll free at (866) 359-7757 or find us on Instagram, Facebook and X. About JKS RestaurantsJKS Restaurants was founded by the Sethi family in November 2008. The group encompasses 35 restaurants created by the Sethis, with 6 Michelin stars and 6 Michelin bibs. Among its projects, JKS brought Berenjak to Soho House's DUMBO House in New York for a limited-time residency. Karam Sethi is responsible for food, creation of concepts and scouting new talent for the group, Sunaina is the People Director and Jyotin is the group's CEO overseeing all aspects of JKS Restaurants. For JKS Restaurants' complete portfolio, please visit jksrestaurants.com.FORWARD LOOKING STATEMENTSStatements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in MGM's public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM 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, MGM's expectations regarding the anticipated opening of Gymkhana and the overall execution of MGM's hospitality and entertainment strategy. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise, and MGM may not be able to realize them. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks related to the economic and market conditions in the markets in which MGM 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, MGM 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 MGM 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.Media Contacts:Becca Public Relations[email protected] Ashley FarkasMGM Resorts Public Relations[email protected]SOURCE MGM Resorts International WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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