• 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
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Tech checks behind Feb grand opening at MGM Cotai: CEO

Jan 16, 2018 Newsdesk Latest News, Macau, Top of the deck  


Tech checks behind Feb grand opening at MGM Cotai: CEO

The chief executive of Macau casino operator MGM China Holdings Ltd said on Monday that the reason an opening ceremony for its new property MGM Cotai would occur a fortnight after the venue’s planned launch to the public was in order to fine tune some “high-level technology” being used on site.

Grant Bowie (pictured in a file photo) did not clarify what facilities would launch at the initial opening on January 29 and what facilities – if any – would launch at a “grand opening ceremony” on February 13.

“We’re introducing some very unique and high-level technology in the property,” Mr Bowie told local media, adding the company wanted to ensure it all worked effectively. He was speaking on the sidelines of an event on Monday.

Mr Bowie added that – regarding new-to-market live dealer table allocation for MGM Cotai under the Macau government’s table cap – the firm had submitted information to the local regulator, the Gaming Inspection and Coordination Bureau, and was awaiting a response.

The company has previously said the venue has capacity for 500 live-dealer tables.

“On gaming tables, we are still waiting for the government to give us our final award. We think we have provided all the information needed, and now we are waiting for the government to respond,” said Mr Bowie in comments carried on local broadcaster TDM.

Analysts of brokerage Deutsche Bank Securities Inc estimated in a January 10 note that MGM China will receive 150 tables for its new Cotai property. They also said that MGM Cotai “will open with direct VIP only, with junkets expected to begin to come online in the late first-quarter 2018/early second-quarter 2018 timeframe”.

Macau-based junket operator Meg-Star International confirmed to GGRAsia on Monday that it would open a new VIP gaming club in MGM Cotai. A number of other junkets have also indicated they will have facilities at MGM Cotai.


  • tweet
Related articles
  • Sands China sixth Macau op to pledge staff extra payment
    Sands China sixth Macau op to pledge...

    Jan 21, 2021  

  • Wynn and Melco also flag bonus for Macau staff
    Wynn and Melco also flag bonus for...

    Jan 19, 2021  

More news
  • Digital yuan eventually for Macau mass bets mulls Bernstein
    Digital yuan eventually for Macau mass...

    Jan 22, 2021  

  • Macau Covid-19 case no bar to mainland travel ties
    Macau Covid-19 case no bar to mainland...

    Jan 22, 2021  


Latest News

Digital yuan eventually for Macau mass bets mulls Bernstein

Digital yuan eventually for Macau mass bets mulls Bernstein

Jan 22, 2021  

Were China’s central government-backed digital yuan (CNY) to be adopted in Macau for casino chip transactions, it could in the long run benefit mass and premium-mass play, as cross-border money...
Read More
Macau Covid-19 case no bar to mainland travel ties

Macau Covid-19 case no bar to mainland travel ties

Jan 22, 2021  

Mohegan seeks govt nod to delay Inspire opening

Mohegan seeks govt nod to delay Inspire opening

Jan 22, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

"The entire company is eagerly anticipating the launch of our newest themed destination – The Londoner Macao"

Wilfred Wong Ying Wai

President of Macau-based casino operator Sands China



Most Popular

  • Sands China sixth Macau op to pledge staff extra paymentSands China sixth Macau op to pledge staff extra payment January 21, 2021
  • Londoner Macao first phase launch Feb 8 says Sands ChinaLondoner Macao first phase launch Feb 8 says Sands China January 21, 2021
  • Wynn and Melco also flag bonus for Macau staffWynn and Melco also flag bonus for Macau staff January 19, 2021
  • Investors see 2H Macau gain, rebound 2022: BernsteinInvestors see 2H Macau gain, rebound 2022: Bernstein January 19, 2021
  • Melco likely to take on more debt for expansion: Moody’sMelco likely to take on more debt for expansion: Moody’s January 20, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us