An artist’s rendition of MGM Cotai
MGM China’s resorts in the Cotai Strip will be opening in the fourth quarter of next year as scheduled, according to Grant Bowie, the group’s CEO and executive director, who confirmed the site’s progress on the sidelines of an event.
“At the moment, it’s just to get our buildings finished and make sure it gets to the standard we’re looking for,” said Bowie. “At the same time, we obviously understand that we’ve got to respond to the challenges imposed by the economy and the expectations of the government.”
He stressed that the gaming company has remained “positive” all along, despite the discouraging gaming revenue. Bowie further promised that he would always “make sure to continue to improve the group’s performance and efficiency.”
According to MGM China’s CEO, the group’s hotel on the Macau peninsula saw a drop in occupancy and in food and beverage sales. However, the gaming operator has always strived to seek better performance by offering training to its staff.
Stressing the importance of investment for the future, Bowie urged the region as a whole to maintain an optimistic attitude towards this challenging time.
“There is no point in not being positive and looking to the future,” he said, adding that the group’s initial target of 500 gaming tables might come true. Staff reporter
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