- Reports suggest that the casino may initially focus on the mass table game market rather than VIPs
- Its opening has been delayed by a few months following Macau’s deadly typhoons of August 2017
Early last month, it was reported that MGM Cotai would open in Macau as scheduled – immediately after China’s Golden Week – despite the impact of August’s Typhoon Hato.
Back then, MGM China’s chief executive officer Grant Bowie, together with the chairman of MGM Resorts International Jim Murren, were reported by various media to be confident that the casino would open on time and to plan.
A mass market focus
More recently, however, it has been reported that the resort’s opening will be pushed back to next year. Furthermore, reports suggest that when the casino does open next year, its primary focus will be on the mass market as opposed to the VIP one.
Cotai is considered by many in the industry to be Macau’s own take on the Las Vegas Strip, achieving its rise in large part due to being recognised as something of a more high-end gambling hub.
And it is in this area that the new casino will open and, reportedly, market its services at the ‘mass market’ rather than only VIPs – MGM Cotai officials have previously been reported as noting that when it opens in 2018, there will be initially be no specific focus on VIP gaming rooms.
Bowie is reported as saying that the new casino – which will end up costing around $3.3 billion to plan and construct – will provide “an array of attractions and entertainment to appeal to the largest number of leisure travelers and businesspersons.”
A VIP future?
As reported by GGRAsia, Bowie has explained that high-stakes players and other such VIPs won’t be the casino’s main source of revenue initially, but that dedicated VIP rooms and tables are likely to follow once the casino is opened.
He told the site of existing relationships, and those being built, with the region’s significant junket operators that will likely see the casino be able to easily expand into the VIP and junket operations sector.
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