MGM Resorts CEO: Macau Gaming Revenue to Rise in 2017

The transcript discusses MGM Macau's upcoming opening and the challenges faced by the Macau casino market, including economic slowdown and market oversaturation. It highlights the transition from a junket-based market to a hospitality-focused one, similar to Las Vegas. The need for more guest rooms in Macau is emphasized, with optimism for future growth and success for MGM and other properties.

What is the expected opening date for MGM Macau?

• March of this year

• March of next year

• December of this year

• December of next year

What is the main reason for the transition in the Macau market?

• A shift from a junket-based to a mass-focused market

• Increased competition from Las Vegas

• A decline in tourism

• Government regulations

What has compounded the challenges of the market transition in Macau?

• Increased taxes

• Global economic slowdown

• Natural disasters

• Political instability

Why does Macau need more guest rooms according to the speaker?

• To increase prices

• To attract more investors

• To accommodate growing demand

• To reduce competition

What is the speaker's outlook on MGM's performance next year?

• Neutral with no expected changes

• Pessimistic due to market challenges

• Optimistic about future success

• Uncertain due to external factors