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Tag Archives: MGM Cotai

Chine – MGM va booster le VIP ainsi que la masse avec MGM Cotai

Despite promoting its soon-to-open MGM Cotai as a mass gaming property, MGM China has said it will also help to boost its share of VIP play having seen VIP revenue fall by 1.9 per cent in the first half of 2017. The Las Vegas-based operator said the property will open by the end of the…

Chine – MGM Cotai présente le premier théâtre dynamique d'Asie

MGM Cotai, un complexe intégré de 26 milliards de dollars de Hong Kong dont l'ouverture est prévue au quatrième trimestre 2017, représentera la vaste expérience de MGM en matière de divertissement, créant des expériences de divertissement uniques en son genre en Asie à travers le MGM Theatre de COTAI, le premier théâtre dynamique d'Asie. . Conçu par Scéno Plus, une entreprise leader mondial en arts de la scène et en conception de divertissement, le Théâtre MGM de…

China – MGM Cotai reveals new Chinese name

MGM has now unveiled its golden lion statue at MGM Cotal, with the announcement of the integrated resort’s name in Chinese “Mei Si Mei Gou Mui” (美獅美高梅), meaning “Beautiful Lion, Beautiful MGM.” This impressive new statue provides an iconic entrance to MGM Cotai, serving as a gateway to the extraordinary experiences that will be available…

Chine – Nouveaux retards dans l’ouverture de MGM Cotai

MGM China has announced that its $3.1bn MGM Cotai, an integrated casino, hotel and entertainment resort located in Cotai, Macau, is now expected to open during the second half of 2017. The company stated: “Given the complexity of the design of MGM Cotai and the Company’s commitment to a successful opening that reflects the demands…

China – MGM outpacing mass market in Macau

MGM China reported a revenue increase of 11 per cent for the second quarter, taking revenue to HK$3.9bn, and with mass gaming accounting for nearly 80 per cent of the group’s profit. The Group’s EBITDA margin grew to 33 per cent for the Period as a result of business mix and cost management, a 350bps…

China – MGM delays Cotai opening by three months

MGM China is delaying the debut of its new MGM Cotai Casino Resort by three months to mid 2017. MGM added that the investment would also be slightly more than expected. Jim Murren, Chairman and Chief Executive Officer, said: “We have decided to push out the opening date a bit for the MGM Cotai Casino…

China – Government sign off could delay opening of MGM Cotai

MGM China has warned that opening of MGM Cotai could be delayed beyond the target date of the first quarter of 2017. The news came as the group announced its first quarter earnings where it recorded total revenue of HK$3.6bn, representing a decrease of 25 per cent from a year ago, although this narrowed from…

Chine – MGM va retarder l’ouverture de Cotai alors que les revenus diminuent d’un tiers

MGM Resorts a confirmé qu'il retardait l'ouverture de son casino sur la bande de Cotai à Macao jusqu'en 2017, dans l'espoir que les conditions du marché se seront améliorées d'ici là. Le projet MGM Cotai de 2.6 milliards de dollars américains a déjà vu son ouverture retardée du début 2016 jusqu'à l'automne 2016. MGM a déclaré : « La société a fait le…

Chine – MGM finalise la construction d’un deuxième casino à Macao

MGM China has celebrated a momentous happening in the company’s history with the topping off of MGM Cotai, the second integrated resort of MGM China in Macau. The Guests of Honour, including senior executives from China State Construction Engineering Corporation Limited, hung fortune ornaments onto the pine tree which is later lifted to the highest…