PR Newswire
HONG KONG, April 26, 2018
MGM COTAI Opened in February
Net Revenue Grew 26% Year on Year
HONG KONG, April 26, 2018 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2018.
Grant Bowie, Chief Executive Officer and Executive Director of MGM China said: "We are delighted to see another set of strong results of MGM MACAU, demonstrating continuous customer loyalty to quality product and uncompromised focus on impeccable execution.
"The opening of MGM COTAI represents a milestone. The beautiful property is totally unique and a real game changer for us as well as the market. We look forward to expanding and enhancing our offerings to provide spectacular experience for our guests, supporting our government's vision to drive global tourism demand in Macau."
About MGM China Holdings Limited
MGM China Holdings Limited (HKEx: 2282) is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions/subconcessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and MGM COTAI, a contemporary luxury integrated resort in Cotai, which opened in early 2018 and more than doubles our presence in Macau.
MGM China is majority owned by MGM Resorts International (NYSE: MGM) one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
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SOURCE MGM China Holdings Limited
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