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Tag Archives: MGM Cotai

China – MGM Coati helps boost MGM China’s Q3 by 38 per cent

MGM China saw its revenues increase by 38 per cent year-on-year for the three months ended September 30, 2018, due to the inclusion of results from MGM Cotai. The quarter saw MGM China record total revenue of HK$4.8bn, an. Adjusted EBITDA was approximately HK$1.1bn, compared with HK$1bn a year ago. MGM’s Cotai casino continued to…

China – MGM China showing steady growth after Cotai opening

The opening of MGM Cotai in February has helped MGM China record total revenue of HK$9.1bn during the first half of the year, an increase of 30 per cent year-on-year. Adjusted EBITDA was HK$2.3bn, compared with $2.2bn a year ago. Main floor table games win for the group during the six-month period increased 31 per…

China – MGM Cotai installs Baccarat Maximum Fortune

Sega Sammy Creation’s new gaming machine Baccarat Maximum Fortune has been installed at MGM Cotai. Baccarat Maximum Fortune is a standalone electronic gaming machine based on baccarat, the most popular casino games in Macau. In this game, players can view game results immediately by pressing the Action Button during the betting time, even if they…

China – Cotai opening has helped stabilise MGM Resorts

MGM Resorts has stabilised in the eyes of analyst Fitch Ratings who says that the opening of MGM Cotai in February in Macau has given it an improved geographic diversification. The ratings agency has given a ‘stable’ outlook for MGM Resorts highlighting strong conditions in Macau. It said: “MGM will gain market share following the…

China – Sega Sammy Creation installs multi-player at MGM Cotai

Sega Sammy Creation has installed its SicBo Bonus Jackpot Maximum Fortune into MGM Cotai, the latest casino to open in Macau. SicBo Bonus Jackpot Maximum Fortune is an electric gaming machine based on the game of Sic bo, one of the most popular casino games in Macau. The enormous cabinet reaches a height of 4m…

China – Mixed response to MGM Cotai’s eventual opening

Following months of delays, MGM Cotai, the 1,390-room hotel casino has opened its doors in time for Lunar New Year. MGM Resorts has more than tripled its number of hotel rooms in Macau as well increasing MGM’s overall gaming table count in the hub by 29 per cent to 552. James Murren, Chairman & Chief…

China – Delayed MGM Cotai given 125 new tables

MGM Cotai, MGM Resorts new Macau casino, has been given 125 new-to-market gaming tables, to go with its original allocation of 100 tables. The operator will be allowed a further 25 tables on January 1 2019 but will also transfer 77 tables to Cotai from its MGM Macau casino. The property was due to open…

China – MGM Cotai gears up for January 28 opening

MGM China will kick off a series of celebrations following the opening of the doors to the public of the latest addition to the MGM portfolio in Macau, MGM Cotai on January 29. MGM Cotai is an approximately HK$27bn integrated resort which will redefine the way people experience art and entertainment through innovative technology. Set…

China – MGM Cotai excited by the launch of ‘unparalleled’ Mansion

MGM Resorts has said that the launch of The Mansion at its MGM Cotai resort in Macau will be critical to the company’s VIP business from China. The Mansion, which provides an exclusive, luxury villa for VIP guests and has already proved successful at MGM Grand in Las Vegas, will open half way through 2018…