• 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

MGM China to pay bonus for non-management staff

Jan 15, 2019 Newsdesk Latest News, Macau, Top of the deck  


MGM China to pay bonus for non-management staff

Macau casino operator MGM China Holdings Ltd on Tuesday announced what it describes as a “discretionary bonus” for eligible non-management team members. The bonus, equivalent to one month’s salary, “will be paid in two equal instalments at end of January and mid-February”, it said in a release.

The document did not specify how many workers were eligible for the payment, nor the aggregate amount involved.

“The bonus is our appreciation and recognition to our team members for their hard work and dedication that strengthen us every day as an organisation,” said in a prepared statement Grant Bowie, chief executive of MGM China.

He added that in 2019 the MGM brand would continue its “bold” approach to development of the industry and “innovate on building our relations with team members, our customers and the community”.

MGM China currently operates two properties in Macau: MGM Macau (pictured) on the city’s peninsula, and MGM Cotai in the new casino district of Cotai.

MGM China is the second Macau-based casino operator publicly  announce a bonus for its non-management staff this year. Melco Resorts and Entertainment Ltd confirmed last week it would pay a bonus “before Chinese New Year” – equal to one month’s salary – to eligible non-management employees.

The city’s gaming operators traditionally announce the payment of bonus to staff – where mandated – in or around the Chinese New Year period. This year it falls on February 5. Some operators additionally announce a second round of discretionary bonuses; typically during summertime.

MGM China recorded net revenue of US$606.0 million for the third quarter of 2018, an increase of 37.1 percent compared to the same period last year, the firm announced in October. The July to September 2018 period was the firm’s second full quarter of operations following the opening of MGM Cotai on February 13, 2018.

The Instinet LLC research arm of Japanese brokerage Nomura stated in November that MGM China was likely to increase its share of the city’s gaming sector in 2019, benefiting from the ramp-up of operations at MGM Cotai. That was despite a potential contraction of overall gross gaming revenue in Macau in 2019, it added.


  • tweet
Related articles
  • MGM’s Macau ops unaffected by cybersecurity incident in U.S.
    MGM’s Macau ops unaffected by...

    Sep 13, 2023  

  • MGM Osaka GFA reduced, no change to casino: Hornbuckle
    MGM Osaka GFA reduced, no change to...

    Sep 11, 2023  

More news
  • Melco to help Macau govt revitalise some Inner Harbour piers
    Melco to help Macau govt revitalise...

    Sep 21, 2023  

  • GEN Malaysia stable outlook, rebound taking its time: Fitch
    GEN Malaysia stable outlook, rebound...

    Sep 21, 2023  


Latest News

Melco to help Macau govt revitalise some Inner Harbour piers

Melco to help Macau govt revitalise some Inner Harbour piers

Sep 21, 2023  

Casino group Melco Resorts & Entertainment Ltd will take on responsibility for some new tourism and leisure elements at two waterfront heritage sites on Macau peninsula: Pier 23 and Pier 25...
Read More
GEN Malaysia stable outlook, rebound taking its time: Fitch

GEN Malaysia stable outlook, rebound taking its time: Fitch

Sep 21, 2023  

Golden Week Macau GGR to be 17pct up on rest of Oct: MS

Golden Week Macau GGR to be 17pct up on rest of Oct: MS

Sep 21, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Genting Malaysia’s revenue rebound has been slower than our expectations, and the impact on leverage has been compounded by Empire’s weak metrics”

Akash Gupta, Shiv Kapoor and Hasira De Silva

Analysts at Fitch Ratings



Most Popular

  • No swift resumption of dividends for most Macau ops: GSNo swift resumption of dividends for most Macau ops: GS September 19, 2023
  • Macau logs 3.2mln visitors in Aug, only 4pct from overseasMacau logs 3.2mln visitors in Aug, only 4pct from… September 20, 2023
  • Sept daily Macau GGR rebounds after storms: brokerageSept daily Macau GGR rebounds after storms: brokerage September 18, 2023
  • Hengqin-Macau tour reboot for mainland consumers: MGTOHengqin-Macau tour reboot for mainland consumers: MGTO September 19, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us