“While we focus to


contain our costs, we are rolling out programs to drive traffic and prepare


for gradual recovery. Te trend setting holistic non gaming offerings at both MGM Macau and MGM Cotai have been well received. We are


confident about the prospects of Macau


tourism in Macau. Sands China remains confident that travel and tourism spending in Macao will eventually fully recover and that future growth will continue as travel and tourism spending return.


Concessionaire MGM Grand Paradise operates two resorts. Te MGM Macau opened in 2007 and has 1,085 slots and 290 tables and is made up of a Forbes five-star luxury resort with 35 storey tower with 582 rooms and suites. Tere are eight restaurants and convention space


P92 NEWSWIRE / INTERACTIVE / MARKET DATA


gaming and hospitality market in a longer term.”


MGM Cotai opened in February 2018 with 262 tables and 1,154 slots. Tere are two hotel towers with 1,390 rooms and suites, 12 restaurants, bars, commercial area and convention space. In 2019 Te Mansion, an ultra exclusive resort within a resort opened.


Te group’s operating revenues increased by 18.6


per cent in 2019 to HK$22.76bn whilst main floor gross table games win saw a year on year growth of 37 per cent to HK$14.9bn. Revenue for MGM Macau was HK$12.3bn whilst MGM Cotai saw HK$10.3bn.


Results for the Q1 2020 MGM China recorded total revenues of HK$2.1bn divided between MGM Macau with HK$1.1bn and MGM Cotai with HK$1bn. Overall occupancy rate was 36 per cent.


Te first half 2020 results MGM China recorded


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