Macau (MNA) – This year’s Chinese New Year holiday will be a strong period for MGM China, remarked Grant Bowie, the company’s CEO, during a press conference prior the grand opening on Tuesday.
“We have very strong reservations for the Chinese New Year,” he said. “And this is going to be a very solid time.”
The Chinese New Year holiday will span February 15 to February 21, with the city’s gaming performance traditionally peaking during this traditional annual holiday.
Asked by the press to predict the gross gaming revenue for the period, Bowie said it is the non-gaming segment of the business that is mostly likely to perform well during the busy holiday.
“People come to Macau, yes, to gamble” he said. “But during the very busy holiday period […] now that we have an integrated resort a lot of people [will be] coming in family groups for more leisure stuff.”
The CEO emphasised that it is a busy period for not only the gaming sector but also the non-gaming segment.
The new property of MGM at Cotai will be officially opened today at 6:30 pm.