MGM Macau (; formerly known as MGM Grand Macau) is a 35-story, 600-room
casino
A casino is a facility for gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shops, cruise ships, and other tourist attractions. Some casinos also host live entertainment, such as stand-up comedy, conce ...
resort
A resort (North American English) is a self-contained commercial establishment that aims to provide most of a vacationer's needs. This includes food, drink, swimming, accommodation, sports, entertainment and shopping, on the premises. A hotel ...
in
Sé,
Macau
Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by p ...
. 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
MGM Resorts International is an American Multinational corporation, multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, ...
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
The MGM Grand Macau was opened on 18 December 2007 at a cost of US $1.25 billion.
The property was renamed to MGM Macau, as part of MGM Mirage's 2010 rebranding to MGM Resorts International.
On 18 April 2011, an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
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
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...
at the top price of the range.
Facilities
The property includes a convention space of , including an area known as the Grand Ballroom spanning for business meetings, social events, and weddings. Additionally, it partners with Six Senses Spa to offer a space of 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 to the casino floor's 2nd level.
Poly MGM Museum
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 2, 2024. The museum, nearly in space, was described to be "the first museum of international standing within an integrated resort across the Greater China region". 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.
Gallery
File:MGM Grand Macau Main Enterance.jpg, MGM Macau main entrance
File:MGM Grand Macau Hotel Lobby Interior.jpg, MGM Macau hotel lobby interior
File:MGM Grand Macau Sky Roof Plaza.jpg, The Grande Praça at MGM Macau
File:MGM Grand Macau Access to Casino.jpg, MGM Macau access to casino
File:MGM Grand Macau Access.jpg, MGM Macau access
File:MGM Grand Macau Champagine Bar.jpg, MGM Macau champagne bar
File:MGM Grand, Macao, 2013-08-08, DD 19.jpg, MGM Macau exterior
File:Poly MGM Museum, December 24, 2024 20.jpg, Poly MGM Museum
See also
*
MGM Cotai
*
Gambling in Macau
*
List of integrated resorts
References
External links
*
{{authority control
Resorts in Macau
Macau Peninsula
Casinos completed in 2007
Hotel buildings completed in 2007
Skyscrapers in Macau
Hotels in Macau
MGM Resorts International
2007 establishments in Macau
Skyscraper hotels in Macau
Casino hotels in Macau