MGM Provides Status Update Post Typhoon Hato
Aug 24, 2017
[Macau, August 24, 2017] Yesterday a major typhoon passed through Macau affecting the entire community. While this was an exceptional situation, we have been working closely with the combined support of the Macau government and the utilities companies including our power, water and telephone services to restore operations and protect our employees and guests.
We would like to thank our staff for their hard work and cooperation during this difficult time. We are reaching out to all of our employees to make certain everyone is safe and accounted for.
The resort is working very diligently to take care of our existing guests and communicate with any incoming guests. We have sustained some damage to the building, which is relatively minor and we believe will not have any impact on our return to normal operations.
While the typhoon has now passed, the recovery will take some time and we stand ready to support the Macau community and our staff.
MGM is an abbreviation for MGM China Holdings Limited (HKEx: 2282) and 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 is developing a second resort, MGM COTAI which is expected to more than double our presence in Macau.
MGM MACAU is a Forbes Five-Star luxury integrated resort inspired by the arts with every element of the resort infused with creativity and style. MGM MACAU has approximately 600 guest rooms and suites and boasts a number of distinguishing features, including the architecturally stunning European-inspired Grande Praça, housed under a soaring glass ceiling. MGM MACAU’s world class facilities include the MGM Art Space, dedicating over 5,000 square feet to display authentic works of art, conference and event facilities, spa, and seven signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on prime waterfront on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.
Expected to open in Q4 of 2017, MGM COTAI is the latest addition to the MGM portfolio in China. Designed as the “jewelry box” of Cotai, it plans to offer approximately 1,400 hotel rooms and suites, meeting space, high end spa, retail offerings and food and beverage outlets as well as the first international Mansion at MGM for the ultimate luxury experience. MGM COTAI will offer Asia’s first dynamic theater and a spectacle to wow every guest who steps foot in the resort. MGM COTAI is being developed to drive greater product diversification and bring more advanced and innovative forms of entertainment to Macau as it grows as a global tourist destination. MGM COTAI is the largest property and the first private sector project ever to achieve the China Green Building (Macau) Design Label Certification.
MGM China Holdings Limited 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 media enquiries, please contact:
Vice President of Public & Community Relations
Tel: (853) 8802 2822
Karen Lam Juliana Kung
Public Relations Manager Public Relations Manager
Tel: (853) 8802 3801 Tel: (853) 8802 3803