Iconic Jewelry Box Designed Integrated Resort Celebrates Key Construction Milestone
[Macau – November 6, 2015] MGM China Holdings Limited (“MGM China” or the “Company”, SEHK Stock Code: 2282) today celebrated a momentous happening in the Company’s history with the topping off of MGM COTAI, the second integrated resort of MGM China in Macau, with the presence of senior executives from China State Construction Engineering Corporation Limited.
MGM China Holdings Limited celebrated the topping off of MGM COTAI today. Guests of Honor in attendance are (left to right) Mr. Grant Bowie, Mr. Bill Hornbuckle, Ms. Pansy Ho and Mr. Jim Murren from MGM, and Mr. Guan Qing, Mr. Hao Jianmin, Mr. Li Jianbo and Mr. Zhou Yong.
The Guests of Honor hung fortune ornaments onto the pine tree which is later lifted to the highest beam of the building, signifying wishes for a smooth completion of MGM COTAI
Guests of Honor at the Topping Off Ceremony included Mr. Guan Qing, Chairman of China State Construction Engineering Corporation cum Chairman of China State Construction Engineering Corporation Limited; Mr. Hao Jianmin, Vice Chairman & President of China Overseas Holdings Limited cum Executive Director, Chairman & Chief Executive Officer of China Overseas Land & Investment Limited; Mr. Li Jianbo, Vice Chairman of China Overseas Holdings Limited; Mr. Zhou Yong, Vice Chairman of China Overseas Holdings Limited cum Executive Director, Chairman and Chief Executive Officer of China State Construction International Holdings Limited; Mr. Jim Murren, Chairperson & Executive Director of MGM China Holdings Limited as well as Chairman & Chief Executive Officer of MGM Resorts International; Ms. Pansy Ho, Co-Chairperson and Executive Director of MGM China Holdings Limited, Mr. Bill Hornbuckle, Executive Director of MGM China Holdings Limited and Mr. Grant Bowie, Chief Executive Officer and Executive Director of MGM China Holdings Limited.
The Ceremony was a combination of Chinese and Western traditions, echoing the success of MGM China with the union of both cultures. The Guests of Honor first gathered for a Chinese Bai Sun Ceremony of incense offering and roasted pig-cutting. Then a Western ritual was carried out with a pine tree being lifted to the highest beam of the building, along with eight fortune ornaments hung by the Guests of Honor to signify their wishes for a smooth completion of MGM COTAI, targeted to open in 2016.
MGM COTAI has been designed to represent the “jewelry box” of Cotai and plans to offer approximately 1,500 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 our 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.
Mr. Jim Murren said of the celebrated occasion, “MGM is synonymous with world class entertainment and customer service. We are raising the bar here in Macau and are proud to be developing a never-been-seen-before design and entertainment experience at MGM COTAI. Today is a milestone for MGM’s history, and we are one more step closer to unveiling MGM COTAI. When we open in 2016, this property will surely be a must- see attraction and a welcomed addition in making Macau a global tourism destination.”
Ms. Pansy Ho said, “I am proud to have been partners with MGM since the beginning in 2007 when MGM MACAU opened. I’d like to give my heartfelt thank you to our team and to the Macau SAR government for giving our Company the opportunity to develop our resort in Cotai. To have witnessed the growth of the Company with our second property on the horizon is beyond wonderful. We see MGM COTAI as an opportunity for us to do more for the Macau community, to increase the diversification of our offerings and making Macau an even more desirable destination.”
Fun Facts of MGM COTAI
The very iconic emblem of MGM – the Golden Lion will be guarding the Cotai property at 11m tall, gilded in imported 23carat gold leaves;
The whole property used 16,700,000kg of steel, which is equivalent of steel weight used for over 18,000 cars;
An approximately 300,000 m3 of reinforced concrete is used, which is the equivalent what it would take to fill more than 90 Olympic-sized swimming pools;
A highlight of MGM COTAI is the Spectacle Show, which utilizes 23 LED Walls in one atrium space with an anticipated overall image presentation of over 80 megapixels. Its roof takes up 8,100m2, which is larger than a soccer field!
The key entertainment feature will be a versatile, transformable Theater space with over 14 seating configurations, with a 180o immersive stage backdrop, and a resolution of over 26 megapixels;
The first in our lineup of restaurants has been announced, Asia’s first Nikkei cuisine restaurant with Chef Mitsuharu Tsumura called AJI, will be welcoming diners with an avant-garde concept of Peruvian-Japanese cuisine.
About MGM China
MGM China (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 is developing a second resort, MGM COTAI which is expected to more than double our presence in the world’s largest gaming market, Macau.
MGM MACAU is a 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 an Art Space dedicating over 8,000 square feet to display authentic works of art, conference and event facilities, an award-winning spa, and nine 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.
MGM COTAI designed as the “jewelry box” of Cotai, plans to offer approximately 1,500 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 our 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. The US$3 billion project is expected to open in the fourth quarter of 2016.
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.
For media enquiries, please contact:
Vice President of Public & Community Relations
Tel: (853) 8802 2822
Karen Lam Juliana Kung
Assistant Public Relations Manager Assistant Public Relations Manager
MGM China MGM China
Tel: (853) 8802 3801 Tel: (853) 8802 3803