MGM's Murren Says Focus Is on Growing Mass Market

The video discusses MGM Macau's focus on growing the mass market business rather than relying on the VIP sector. It highlights the challenges faced in opening a new theater due to technological advancements and delays. The speaker predicts that non-gaming revenue will surpass gaming revenue in Macau within a decade. Additionally, the video explores potential opportunities in Japan, contingent on legislative developments and tax rates.

What is the primary focus of MGM Macau's business model?

• Focusing on online gaming

• Expanding globally

• Relying on the VIP business

• Growing the mass market

Why has the Cotai project been delayed?

• Regulatory issues

• Technological challenges

• Labor shortages

• Lack of funding

What is unique about the theater being built in the Cotai project?

• It is the smallest theater in the region

• It is the first outdoor theater in Macau

• It is a floating theater

• It has the largest indoor screen in the world

What is the current status of the opportunity in Japan for MGM?

• Fully approved and ready to start

• Already under construction

• Unclear due to ongoing legislative processes

• Rejected by the Japanese government

What factor has not been clarified by the Japanese government regarding integrated resorts?

• The number of resorts allowed

• The tax rate

• The location of the resorts

• The type of games permitted