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Slight possibility for MGM Cotai to open in 17Q2: Bernstein

While MGM Cotai is still on track for late 17Q1 completion, there is a possibility the opening may hit Q2, said Bernstein in a note on Friday.

“MGM China expects to complete all the government processes by the end of this year and maintains its target date of late Q1 2017, though there is the possibility that the opening may trickle into Q2,” said the brokerage.

The information came from MGM Resorts International’s Analyst and Investor Day presentation held last week on Thursday.

The brokerage also noted that most of MGM Cotai’s facilities will be available at opening with the exception of MGM Mansion, which is scheduled for completion around 2-3 months after opening.

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