MGM Cotai opening still intact

The operator said that despite the Typhoon Hato, the casino would still meet its fourth quarter deadline.

Macau.- Grant Bowie, chief executive of Macau gaming licence holder MGM China Holdings Ltd, revealed that the US$3.3 billion casino resort MGM Cotai is still expected to meet the fourth quarter deadline for opening, even if the Typhoon Hato hit the city last week and provoked several disruptions.

“We are moving forward. Obviously with the typhoon, it didn’t help us, because of all the issues the government now has to cope with. So we are just trying to work out that our programme’s still holding,” said the official to GGRAsia. He added that the Typhoon Hato has been a pretty tough event for the whole city, but that it is likely to come back to normality reasonably quickly, and that the company expects to meet the Macau requirements on construction work soon, but that for now “everybody is just trying to settle back down again.”

Last month, Bowie said that the company will focus on maximising the market share and profitability by making sure that they deliver a property that’s interesting and is able to attract more visitors to Macau, “not just from China but from all over Asia and the rest of the world.”