MEDIA RELEASES
[Macau, December 15, 2015] MGM celebrates the 8th anniversary of MGM MACAU, which opened on December 18, 2007. To mark the special occasion with a meaningful initiative, the Company announces the launch of the “BNU MGM UnionPay Triple Currency Credit Card” for its staff in cooperation with Banco Nacional Ultramarino (BNU). This affinity credit card is the first of its kind within the industry that donates a percentage of all eligible card spending annually to local charity organizations each year. This offering is a wonderful way for MGM to share with its employees the opportunity to give back to the Macau community.
At 3pm yesterday, the Golden Lion Team members gathered to celebrate the occasion. Ms. Pansy Ho, Co-Chairperson and Executive Director of MGM China Holdings Limited gave a speech to thank the Team, and proceeded to a cake-cutting ceremony joined by Mr. Grant R. Bowie, Chief Executive Officer and Executive Director of MGM China Holdings Limited. Subsequent to the ceremony, Ms. Pansy Ho and Mr. Pedro Cardoso, Chief Executive Officer of BNU, officiated the launch of the BNU MGM UnionPay Triple Currency Credit Card.
At the event, Ms. Pansy Ho said, “I am exceedingly proud of the MGM Golden Lion team, which always brings out the best in each other, both in the service and quality our customers experience, and in the Macau community. I want to thank our team sincerely, for actively participating in a range of community programs for the past eight years to serve those in need.”
In view of the special occasion, Mr. Jim Murren, Chairperson and Executive Director of MGM China Holdings Limited, sent his greetings from Las Vegas via video recording and said, “I want to thank every one of our staff for their hard work and dedication, which makes 2015 another special year for MGM. The past year may have been met with challenges, but there is much for us to celebrate. Our long term commitments remain unchanged as we continue to invest in the future of our employees through existing and new programs for development. I look forward to unveiling our Cotai property next year, which will be a new showcase of how MGM leads the industry by creating great moments.”
BNU MGM UnionPay Triple Currency Credit Card
The BNU MGM UnionPay Triple Currency Credit Card has been created with both employees and the community in mind. The three tiers of the credit card are in the emblematic colors of MGM MACAU’s exterior: Yellow gold, Platinum Gold and Rose Gold, and they all feature the icon synonymous to the brand – the MGM walking lion.
With the active and dynamic lives of our team members in mind, the UnionPay triple currency card allows the Golden Lion Team members to spend within Macau, Hong Kong, and China in the respective local currency. As for overseas spending outside of the above areas, foreign transaction fee is waived.
Of the partnership, Mr. Pedro Cardoso said, “For more than a century, BNU is part of the financial life of Macau, maintaining an active role in the social and economic development of the territory, supporting local business activities. We are very delighted to partner with MGM for the launch of this new credit card to its employees. This marks a milestone for both MGM and BNU on our partnership and our commitment to the local community. This card allows its cardholders to enjoy exclusive benefits of double bonus points through card spending in Macau, Hong Kong, and China during weekends. In addition, credit card annual fees are waived and a specially designed welcome gift is prepared for all successful card applicants.”
To take our involvement with the local community even further, MGM has committed to donating a percentage of all eligible transaction volume to designated local organizations that align with the Company’s focus on charitable causes, including a focus on Youth, Senior Citizens, the Disabled, and the Arts.
About MGM
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 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.
About Banco Nacional Ultramarino (BNU)
BNU is the first note-issuing bank in Macau, with 113-years of history on supporting and serving the local community. For over a century, BNU has been part of the financial life of Macau while maintaining an active role in the social and economic development of the territory, supporting local business activities. The knowledge and experiences acquired have been essential to bring success to its customers’ businesses and projects in sectors such as retail, real estate, manufacturing, transportation, construction, public utilities and international trade.
BNU has been cooperating for the harmonious development of the Macau society with significant contributions, in particular,
• the support to the educational system, supporting students of schools and universities with scholarships;
• the assistance to the ones in need through partnership with leading organizations on the field;
• the support to cultural and sport activities.
BNU is part of Caixa Geral de Depósitos (CGD) Group, which is one of Europe’s largest financial institutions with an extensive global network in 23 Countries in Europe, Asia, Africa and the Americas. CGD has presence in seven Portuguese-speaking countries and holds a leading position in five of them. It is also currently present in Macau, Zhuhai and Shanghai and thus has established a strong platform to link up China and Macau with Portuguese-speaking Countries. BNU has been extremely active in supporting the trade between China and the Portuguese speaking countries, both on the trade and investment flows.
For media enquiries, please contact:
Irene Wong
Vice President of Public & Community Relations
MGM
Tel: (853) 8802 2822
Email: irenewong@mgmchina.com.mo
Karen Lam
Public Relations Manager
MGM
Tel: (853) 8802 3801
Email: karenlam@mgmchina.com.mo
Juliana Kung
Assistant Public Relations Manager
MGM
Tel: (853) 8802 3803
Email: julianakung@mgmchina.com.mo
