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SOURCE MGM China
Sequential Improvement in Adjusted EBITDA MGM COTAI to Open January 29, 2018
HONG KONG, Nov. 8, 2017 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended September 30, 2017 (the "Period").
Grant Bowie, Chief Executive Officer and Executive Director of MGM China said: "We are confident in Macau's long-term prospects. We continue contributing to its evolution into a World Center of Tourism and Leisure with the opening of our second integrated resort, MGM COTAI in January next year. We look forwards to expand our presence and capture the growth opportunities in this dynamic market."
About MGM China Holdings Limited
MGM China (HKEx: 2282) 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 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.
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