MGM Macau

    Website: https://www.mgmmacau.com/

    Email: hotelenquiry@MGMMacau.com

    Address: MGM MACAU Avenida Dr. Sun Yat Sen, NAPE, Macau

    The $1.25 billion MGM MACAU opened in December 2007. It has approximately 600 guest rooms and suites and boasts an Art Space of over 8,000 square feet used to display authentic works of art, conference and event facilities, with an area of 15,630 sq ft. One of its key features is the Grande Praca, a European-styled square housed under a glass ceiling. It has a spa, and nine signature restaurants and bars. It’s located on prime waterfront on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.

    Related Articles

    Cotai opening boosts MGM’s 18Q1 revenue

    MGM China, one of Macau’s six gaming concessionaires, reported a 26.4 percent year-on-year increase in revenue in the first quarter of 2018. Such revenue reached HK$4.7 billion (US$598.7 million), up from HK$3.7 billion in 17Q1. Total adjusted EBITDA stayed relatively flat in the quarter, at HK$1.3 billion, compared to HK$1.2 billion in the prior year […]

    Most Macau gaming stocks overvalued: Morningstar

    Shares in Macau’s gaming operators have surged 82 percent since the fourth quarter of 2016 and as a result most are overvalued, with investors failing to factor in potential risks from a cyclical economic downturn and license renewals, Morningstar warns. The firm says that Galaxy Entertainment, Wynn Macau and its parent company Wynn Resorts, Melco […]

    MGM announces three MORS Gold Pin winners

    MGM Macau was one of the hotels to win the most awards at this year’s “Macao Occupational Skills Recognition System” (MORS) Gold Pin Competition. The Competition, which is Macau’s most prestigious hospitality competition, provides a platform to contestants to demonstrate their professional skills and pit their talent against the best in the industry. A total […]

    Oysters possible culprit at MGM buffet

    Around 45 customers have reportedly suffered food poisoning after eating at the Rossio Buffet restaurant at MGM Macau, according to a report from Macau Business. Contaminated oysters appear to be the culprit, with most affected customers claiming to have consumed them in the period from September 21 to 23. The Civic and Municipal Affairs Bureau […]

    Macau operators contribute to relief efforts

    Macau’s casino operators have been seen contributing to relief efforts following Typhoon Hato, which battered the gaming hub last week.   MGM China Holdings have pledged MOP 30 million (US$3.7 million)  to rebuild Macau following Typhoon Hato. The distribution of the pledge will be decided in the coming days and months with guidance from the […]

    Macau licks wounds following Hato rampage

    Details continue to emerge over the aftermath of the Category 10 typhoon which struck Macau and Hong Kong yesterday, causing severe flooding and damage to properties in the region. A total of 12 people have been reported killed so far, with eight of those fatalities in Macau. 244 people were injured in Macau.  Transportation disruptions […]

    No opening date set for MGM Cotai yet

    Grant Bowie, chief executive officer of MGM China says the operator is currently working with the MSAR government regarding its Cotai opening, but did not disclose the opening date. Bowie made the comments during the MGM Lion Dance Championship-Junior Lion Dance Training Program ceremony on Tuesday, reported Macau Daily Times. “What we are doing is […]

    MGM runs annual hospitality experience program

    MGM’s annual summer program, “A Day with MGM,” was held at MGM Macau’s Vista on Wednesday, according to a press release from the operator. Since its launch in 2011, more than 400 local youth have been offered the opportunity to gain hands-on working experience at a luxury integrated resort, learning practical skills and gain insights […]

    MGM China 17Q1 revenue gains on mass hold increase

    MGM China reported a 7 percent gain in net revenue for 17Q1, driven mainly by an increase in main floor table game revenue due to a higher hold percentage. The company had revenue of $502.4 million in the period. Revenue from main floor table games rose 17 percent to $279.9 million with the hold percent […]

    Sands and MGM not guilty of smoking law violation

    Sands China and MGM China have been cleared from alleged violations of Macau’s anti-smoking law, local media reports. In August, the Health Bureau issued an official notification for the investigation of MGM Macau after its workers accused the operator of setting up smoking zones in gaming areas meant for non-smoking activities. In the case of […]

    LT Game adds EZ Baccarat: MGM Macau to trial

    Paradise Entertainment Limited has announced that its subsidiary LT Game Ltd., is offering EZ Baccarat on its Live Multi-Game systems; and MGM Macau has agreed to be the first casino to trial the electronic EZ Baccarat game on over 100 of its LT terminals in the next year. In April 2015, LT Game signed a […]

    Hotel occupancy rate up in August, rates dropped

    Hotel room rates dropped 12.2 percent year-on-year in August, but occupancy rates rose 4.4 percent in the month, according to the Macau Government Tourism Office (MGTO). Average hotel occupancy was strong, reaching 92.6 percent, up 4.4 percentage points compared to 88.2 percent in August 2015. 5-star hotels saw the highest growth in occupancy in the […]

    Bowie very confident of the future of industry, mass to dominate

    MGM China CEO Grant Bowie said he is “very confident” about the future of Macau’s gaming industry, as the region’s gaming operators shift their focus toward mass-market recreational gamblers. Bowie made the comments on the sidelines of a forum held at the MGM casino-hotel in Zape, when asked about his views on Wynn Resorts Chairman […]

    MGM Macau violates smoking regulations

    Casino operator MGM Macau may face an investigation from the health bureau due to recent violations of the city’s smoking ban in the property. In a press statement from Macau’s Health Bureau, nine individuals were caught smoking in unauthorized areas inside the casino, and have been subsequently fined. However, the Bureau also turned its attention […]

    MGM and Venetian to pay back tourism tax

    MGM Grand Paradise and Venetian Macau have been ordered by the courts to pay back their tourism tax. According to a statement by the courts, MGM Macau was ordered by the director of the Financial Services Bureau (DSF) to pay back around MOP 6.8 million (US$844,600) owed for the year 2009, while Venetian was told […]

    Further cost cutting will prove challenging: Deutsche Bank

    Whilst Macau’s operators have employed cost mitigation and labor shifts, any further cost cutting will prove challenging given new supply and flattish revenue, said Deutsche Bank in a research report. According to the brokerage, the key to the Macau market will shift to how new supply is absorbed from an EBITDA perspective. “At present, we […]

    MGM China to generate $600 mil EBITDA in 2017

    Fitch Ratings said it predicts MGM China to generate around $600 million of EBITDA in 2017, according to a note on Tuesday. The ratings agency said the $600 million of EBITDA factors in about $200 million EBITDA at MGM Cotai and approximately 20 percent EBITDA decline at MGM Macau. Fitch also affirmed the IDRs for […]

    Cali Group closes VIP room at MGM Macau

    Macau junket operator Cali Group has reportedly shut down another VIP room located in MGM Macau, local media reports. According to Macau Business Daily, the president of Forefront of Macau Gaming (FMG) Ieong Meng Teng was informed by a Cali employee last week that the VIP promoter had terminated employment to most of its workers […]

    Macau junket announces VIP room closure, more on the way

    Gambling junket operator Cali Group has reportedly closed two of its four VIP gaming rooms in Macau in order to shift resources to the Philippines, according to local media. The gaming association, Forefront of Macau Gaming (FMG), quoted by Macau Business Daily, said that the junket’s VIP gaming rooms at the Grand Lisboa and City […]

    Wynn Macau partners with Chamber of Commerce to launch SME programme

    Wynn Macau has partnered with the Macao Chamber of Commerce in launching a procurement partnership programme to support local small and medium businesses, according to local media. The casino operator is the third following Sands China and MGM to answer the government’s call for gaming companies to fulfil their social responsibilities. In 2015, Secretary for […]

    MGM China gets green light on loan covenant changes

    MGM China Holdings has been given the go-ahead from banks to amend terms on a HK$23.4 billion ($3 billion) loan, Bloomberg reports, citing unnamed sources. The amendment comes as slumping gaming revenue in Macau makes it difficult for companies to meet their lending requirements. Two-thirds of MGM Macau’s lenders agreed to relax financial conditions, including […]

    Macau stocks jump on news of China supportive measures

    China is studying supportive measures for Macau to revive the city’s economy, and its casino industry, the Macao Daily reported on its website Friday, citing Li Gang, director of the Chinese government’s local liaison office. No specific measures were announced but it is expected that any moves will be geared towards reviving tourism and the […]

    Macau off to slow start in June

    Macau table-only gross gaming revenue was MOP3.3 billion ($410m) from June 1 to June 7, according to checks made by Sterne Agee. Including slot assumptions, the June GGR run rate indicates a decline of 46 percent year on year, or MOP14.6 billion. Sterne Agee analyst David Bain said the results are disappointing given the recent […]

    Sands, MGM among winners of TTG Awards

    Sands, MGM, the Grand Hyatt and Sheraton received awards of excellence for their properties in Macau at this year’s Eighth Annual TTG China Travel Awards 2015 held in Shanghai. Sands Resorts Cotai Strip Macao was voted the best (non-beach) resort in China 2014; MGM Macau voted best business hotel; Grand Hyatt voted best luxury hotel […]
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