MGM China CEO Grant Bowie says there will be no VIP gaming rooms in their upcoming MGM Cotai project, scheduled to open in the second quarter of 2017, local media reports.
"We’ve already made the decision that we’re envisaging opening with only mass tables, and that’s obviously the basis of where we see the future of Macau and that’s the decision we’ve taken at this time and we’re going to walk forward as being a mass-only property", said Bowie in an interview with Macau TDM.
Bowie says the new property can fit up to 500 gaming tables, but is looking to collaborate with the government.
"MGM Cotai as we’ve previously discussed as being built to cater for up to 500 (gaming) tables, but clearly as we now see the market is changing and we have to adapt to those changes and that’s what we’re seeking to do in collaboration with the government. I’m very positive that our property in Cotai will be given sufficient products, sufficient tables to cater to the customers we need and we’re going to be successful."
Speaking about the main causes of the delays, Bowie said the project turned out to be more complicated than they earlier expected, especially in regards to non-gaming entertainment products involving high-level technologies.
“We have to take into account there may be things which are more complicated than we expected, than we planned, a lot of that comes down to some of the technology we are introducing in terms of entertainment products,” he said.
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