MGM Resorts bets on wealthier masses for higher revenue


The Las Vegas-based company

HONG KONG: MGM Resorts International is counting on a growing number of affluent Chinese customers to drive revenue at its new Macau property, as it strives to catch up with an industry rebound in the enclave.

The Las Vegas-based company’s US$3.3bil resort on the Cotai strip, its second property in Macau that is scheduled to open in the fourth quarter, aims to cater more to the recreational gambler than the exclusive high-rollers crowd, according to chief executive officer James Murren.

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