In May, news broke that MGM Resorts International, the gaming giant behind some of the most popular casinos on the Las Vegas Strip, planned to leave Nevada's power grid. The business press had a field day. And many Nevadans grew concerned that the exit of such a large presence on the grid would cause an increase in their utility bills.
But is this really what the company has planned? Cindy Ortega, chief sustainability officer for MGM Resorts International, is out to set the record straight. Ortega says MGM's plans give the company "control over the renewables" it buys, but locals needn't worry about higher bills.
Watch the 90-second video below to learn more about MGM Resorts' plans in Nevada, how it will affect locals and the city of Las Vegas, and how the company hopes to improve its renewable energy portfolio.
Image credit: Flickr/AI R
Video courtesy of MGM Resorts International