MGM PUBLISHES THE OFFER DOCUMENT FOR THE RECOMMENDED PUBLIC OFFER TO THE SHAREHOLDERS OF LEOVEGAS

This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled "Important information" at the end of this announcement and in the offer document which will be published shortly before the beginning of the acceptance period for the Offer. Shareholders in the United States should also refer to the section titled "Important notice to shareholders in the United States of America" at the end of this announcement.

STOCKHOLM, June 2, 2022 On 2 May 2022, MGM Casino Next Lion, LLC, a wholly-owned indirect subsidiary of MGM Resorts International ("MGM"), announced a recommended public offer to the shareholders of LeoVegas AB (publ) ("LeoVegas") to tender all their shares in LeoVegas to MGM at a price of SEK 61 in cash per share (the "Offer"). The Swedish language offer document relating to the Offer (the "Offer Document") has today on 2 June 2022 been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The Offer Document is available in Swedish and English on MGM's website (http://investors.mgmresorts.com/investors/leovegas). The Swedish language Offer Document will also be available on the Swedish Financial Supervisory Authority's website (www.fi.se). Pre-printed acceptance forms and postage-paid return envelopes will be distributed to shareholders of LeoVegas whose shares are directly registered with Euroclear Sweden AB on 3 June 2022. Shareholders of LeoVegas whose holdings are registered in the name of a nominee will not receive a pre-printed acceptance form. Acceptance must be made in accordance with instructions received by the nominee. The acceptance period for the Offer commences on 3 June 2022 and expires at 17:00 CEST on 30 August 2022. Assuming that the Offer is declared unconditional no later than on or around 31 August 2022, settlement is expected to be initiated on or around 7 September 2022. MGM reserves the right to extend the acceptance period for the Offer, one or several times, and to postpone the settlement date. Further, if MGM has obtained all relevant clearances, approvals and decisions in such time that the acceptance period can be closed before 30 August 2022, MGM may announce an earlier end date of the acceptance period. Advisors MGM has retained Goldman Sachs & Co. LLC as financial advisor and Advokatfirman Vinge KB and Weil, Gotshal & Manges LLP as legal advisors in connection with the Offer. Further information For further information on the Offer, please visit: http://investors.mgmresorts.com/investors/leovegas  Tags: MGM Casino Next Lion, LLC, MGM Resorts International