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Friday, October 13, 2017

A Casino Resort in Macau Turns on the Lights While Waiting to Open

The MGM Cotai, MGM China's second casino resort in Macau, has yet to open despite previous plans to open as early as 2016 and then by October 1 of this year. Reportedly, Typhoon Hato played a role in the latest delay:
MGM China said its previously stated Q4 2017 timeline for the opening of its in-development MGM Cotai resort casino was no longer attainable, and thus the company was delaying the property’s launch date until January 29, 2018. . . .

MGM Cotai didn’t escape Hato’s wrath, and the company says repairing the damage will “slightly” delay the inspections by local government officials that are necessary for MGM Cotai to obtain its various operating licenses.
Even when it opens, the resort casino will be holding back some offerings:
The casino resort MGM Cotai – promoted by Macau-based gaming operator MGM China Holdings Ltd – is set to open only with mass gaming tables, but VIP gaming is to be offered at a later stage, said on Thursday the firm’s chief executive, Grant Bowie. . . .

“We certainly will be opening [MGM Cotai with] only mass tables but we are looking to develop relationships and we have already developed relationships with a number of junkets,” Mr Bowie told reporters on the sidelines of the opening ceremony of the Macau Oktoberfest at MGM Macau.
The delays are obviously frustrating to MGM China, its investors, future employees, and anybody desiring to visit the casino resort.

On the bright side, though, barring more delays the resort casino will be open in time for the next Lunar New Year holiday. And the lights already turn on at night at the architecturally intriguing building.

MGM Cotai with its lights turned on

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