• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Grant Bowie to retire as MGM China CEO on May 31

May 11, 2020 Newsdesk Latest News, Macau, Top of the deck  


Grant Bowie to retire as MGM China CEO on May 31

Grant Bowie (pictured) is retiring as chief executive of Macau gaming operator MGM China Holdings Ltd with effect from May 31, the firm said in a Monday afternoon filing to the Hong Kong Stock Exchange. Mr Bowie joined the MGM group in August 2008, according to company information.

“Mr Bowie has decided not to extend his contract and elected to step down earlier to match with his personal retirement plans,” said the filing.

His age was given as 62 at the time of MGM China’s 2019 annual report filed in April this year. MGM China is controlled by U.S.-based casino operator MGM Resorts International.

Mr Bowie will remain as an executive director of MGM China for a “handover” period to be determined by the company. After that, he will continue to act as an advisor for a period up to December 31, 2022, added the announcement.

MGM China runs the MGM Macau resort in downtown Macau, and MGM Cotai in the city’s Cotai district. Mr Bowie steered the development and eventual launch of the latter property, which was in February 2018.

“Mr Bowie has confirmed that he has no disagreement with the board and there are no other matters in relation to his retirement… which need to be brought to the attention of the shareholders of the company,” noted the filing.

The document added Mr Bowie had “expressed his gratitude to the board, particularly Mr Bill Hornbuckle” the acting CEO of MGM Resorts, and “Ms Pansy Ho [Chiu King],” the co-chairperson and executive director of MGM China, as well as to the “company and MGM Resorts for this opportunity and their support over the years”.

The filing said Mr Bowie had additionally “expressed his appreciation of the entire MGM China team,” and had “much confidence that it will continue to take the company to great heights”.

The announcement further noted that the MGM China board wished to “express its sincere gratitude to Mr Bowie for his valuable contributions to the company during his tenure of service”.

Mr Bowie joined MGM China’s Macau concession-holding entity MGM Grand Paradise SA on August 1, 2008 as president.  Prior to that, he was president and general manager of Wynn Resorts (Macau) SA from 2003 to 2007, according to his biography on the MGM China corporate website.


  • tweet
Related articles
  • Macau ops share junket deposit liability: Macau top court
    Macau ops share junket deposit...

    May 16, 2022  

  • Possible US$637mln loan via STDM to shore SJM: mgmt
    Possible US$637mln loan via STDM to...

    May 04, 2022  

More news
  • Macau repeat visitors denied visa by China says Bernstein
    Macau repeat visitors denied visa by...

    May 16, 2022  

  • Macau satellite profit model still in doubt: industry
    Macau satellite profit model still in...

    May 16, 2022  


Latest News

Macau ops share junket deposit liability: Macau top court

Macau ops share junket deposit liability: Macau top court

May 16, 2022  

Macau’s Court of Final Appeal announced on Monday sentences in relation to a total of nine cases concerning debt claims involving junket operators based at local casinos. In all the cases, the...
Read More
Macau repeat visitors denied visa by China says Bernstein

Macau repeat visitors denied visa by China says Bernstein

May 16, 2022  

Macau satellite profit model still in doubt: industry

Macau satellite profit model still in doubt: industry

May 16, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Any reduction in [Macau gaming] tax would be positive for future profits and cash flows, all else equal”

DS Kim, Amanda Cheng and Livy Lyu

Analysts at brokerage JP Morgan Securities (Asia Pacific)



Most Popular

  • Macau mulls GGR tax cut if casinos attract foreign playersMacau mulls GGR tax cut if casinos attract foreign players May 13, 2022
  • Macau GGR tax cut may spur 15pct EBITDA hike: JP MorganMacau GGR tax cut may spur 15pct EBITDA hike: JP Morgan May 16, 2022
  • Macau modifies satellite owner plan, rev share ban staysMacau modifies satellite owner plan, rev share ban stays May 13, 2022
  • Macau repeat visitors denied visa by China says BernsteinMacau repeat visitors denied visa by China says Bernstein May 16, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us