MGM Opens New $3.3 Billion Cotai Resort

MGM Opens New $3.3 Billion Cotai Resort

Assessment

Interactive Video

Business

University

Hard

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The video discusses the opening of MGM Cotai in Macau, highlighting its strategic timing around the Lunar New Year and its impact on the market. Despite delays, MGM is optimistic about its market share and operational strategy, focusing on upper-market business and non-gaming diversification. The video also addresses investor concerns over gaming table allocations and the regulatory environment in Macau, emphasizing the importance of consumer confidence and sustainable growth in the Chinese market.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the announcement of 125 gaming tables have on MGM's share price?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is MGM's strategy regarding the number of gaming tables they are opening with?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Grant Bowie suggest about the future opportunities for MGM in Macau?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Grant Bowie view the relationship between the Chinese economy and Macau's fortunes?

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