MGM Resorts CEO: Macau Gaming Revenue to Rise in 2017

MGM Resorts CEO: Macau Gaming Revenue to Rise in 2017

Assessment

Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Macau face regarding hotel accommodations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for MGM in the coming year according to the text?

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