MGM China Holdings Limited - MEDIA RELEASES

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MEDIA RELEASES

Statement from MGM China

MGM China Holdings Limited ("MGM China" or “the Company”) has become aware of a fraudulent scheme involving the creation and dissemination of a deepfake video generated through artificial intelligence (AI). The video has unlawfully impersonated Ms. Pansy Ho, Chairperson and Executive Director of MGM China Holdings Limited, and falsely promotes a fictitious investment plan, with unfounded promises of hundredfold returns. MGM China declares that such content is entirely fraudulent and has no connection whatsoever with the Company or Ms. Ho.

MGM China reiterates that neither the Company nor Ms. Pansy Ho has at any time been involved in, authorized, or endorsed the purported investment plan featured in the deepfake video. The video was neither created nor released by the Company or Ms. Pansy Ho. MGM China condemns these acts of impersonation and misrepresentation in the strongest terms and reserves all legal rights against the parties involved, to protect our rights and interests.

MGM China cautions the public and the media to exercise the utmost vigilance and verify information through official channels. The Company advises against believing in or disseminating such fraudulent content to avoid potential legal and financial consequences. MGM China consistently adheres to the principles of lawful and compliant operations. All business updates are communicated exclusively through the Company’s official platforms.

To prevent the further spread of misinformation, MGM China respectfully requests that all parties cease disseminating the fraudulent video and its associated claims.

 

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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 Greater China. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions 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. 

 

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. The POLY MGM MUSEUM spanning almost 2,000 square meters, is constructed in accordance with Chinese national standards for the exhibition of Grade-One cultural relics. MGM MACAU’s world class facilities also include conference and event facilities, spa, and seven signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.

 

Designed as the “jewelry box” of Cotai, MGM COTAI offers approximately 1,400 hotel rooms and suites, meeting space, high end spa, retail offerings, food and beverage outlets as well as the first international Mansion at MGM for the ultimate luxury experience.  MGM has joined hands with renowned Chinese filmmaker Zhang Yimou to set up the “Macau 2049” residency in MGM Theater. The Spectacle at MGM COTAI becomes the record holder of the largest free-span gridshell glazed roof (self-supporting) on January 19, 2019, making it the first architectural and structural GUINNESS WORLD RECORDS™ title for Macau, China. 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 only mega complex and hotel in Macau to gain three-star certification in both Green Building Design and Operation Label, as well as the first hotel in the Greater Bay Area and second in Greater China to receive the certifications.

 

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, ARIA, MGM Grand, Mandalay Bay and Park MGM. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.

 

For media enquiries, please contact:    

 

Jessie Kuan

Executive Director of Public Relations

MGM

Tel: (853) 8806 3412

Email: jessiekuan@mgm.mo

 

Karen Lam

Assistant Director of Corporate Relations

MGM

Tel: (853) 8806 3421

Email: karenlam@mgm.mo