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MGM Macau

MGM Macau
美高梅 (Chinese)
MGM Macau
Location Sé, Macau
Address Avenida Dr. Sun Yat Sen
Opening date18 December 2007; 17 years ago (18 December 2007)
No. of rooms600
Total gaming space100,000 sq ft
Signature attractionsThe Grande Praça
Poly MGM Museum
Notable restaurantsPalette Dining Studio
Wolfgang Puck Cucina
Wolfgang Puck Steak
TAP
OwnerMGM Resorts International
ArchitectWong Tung & Partners

MGM Macau (Chinese: 美高梅; formerly known as MGM Grand Macau) is a 35-story, 600-room casino resort in Sé, Macau. Under a sub concession approved by the Macau government, the project is owned and operated as a 50-50 joint venture between MGM Resorts International and Pansy Ho, the daughter of Macau casino magnate Stanley Ho. The sub-concession is one of several examples of new casino construction following the end of the government-granted monopoly held for decades by Stanley Ho.

History

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The MGM Grand Macau was opened on 18 December 2007 at a cost of US $1.25 billion.[1]

The property was renamed to MGM Macau, as part of MGM Mirage's 2010 rebranding to MGM Resorts International.[1]

On 18 April 2011, an initial public offering was announced. Under the agreement, Pansy Ho would receive a 29 percent stake in the company, MGM China Holdings Ltd, which was created as a listing vehicle for the IPO. MGM Resorts would hold 51 percent and the public would receive 20 percent. The company raised US $1.5 billion from its IPO on the Hong Kong Stock Exchange at the top price of the range.[2]

Facilities

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The property includes a convention space of 1,452 m2 (15,630 sq ft), including an area known as the Grand Ballroom spanning 807 m2 (8,690 sq ft) for business meetings, social events, and weddings. Additionally, it partners with Six Senses Spa to offer a space of 2,720 m2 (29,300 sq ft) that includes 12 treatment areas.

Soon after Wynn Macau's expansion plans became public, the MGM Macau announced its own plans for expansion, only weeks after the project was publicly launched. The expansion will add 4,400 m2 (47,000 sq ft) to the casino floor's 2nd level.

Poly MGM Museum

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Poly MGM Museum, a museum jointly-established by MGM and the Chinese state-owned Poly Culture Group opened on the second floor of MGM Macau on November 15, 2024.[3] The museum, nearly 2000 m2 in space, was described to be "the first museum of international standing within an integrated resort across the Greater China region".[4] The inaugural exhibition themed around the Maritime Silk Road features over 200 artifacts and pieces of artwork, including four of the Old Summer Palace bronze heads and the 17th-century Chinese tapestry Aeneas and Anchises, part of The Story of Troy set.[5]

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See also

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References

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  1. ^ a b "The Asian Gaming 50". Inside Asian Gaming. 15 September 2010. Archived from the original on 26 September 2012. Retrieved 11 March 2012.
  2. ^ "MGM China prices $1.5-billion IPO at top of range". The Globe and Mail. Toronto. Retrieved 29 January 2012.
  3. ^ "The Poly MGM Museum is now officially open". Macao News. 18 November 2024. Retrieved 17 January 2025.
  4. ^ "Poly MGM Museum unveiled in November as Macau's new cultural and tourism landmark, debuting with a maritime silk road exhibition". New Macau. 26 November 2024. Retrieved 17 January 2025.
  5. ^ Louie, James. "Poly MGM Museum". DestinAsian. Retrieved 17 January 2025.
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