MGM China Holdings Ltd - Company Profile
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MGM China Holdings Ltd (MGM), a subsidiary of MGM Resorts International, is an investment holding company. The company, through its subsidiaries, focuses on the development and operation of casino games, and related hotels and resorts. Its subsidiary MGM Grand Paradise SA (MGM Grand Paradise) holds one of the six gaming concessions and sub-concessions to operate casino games in Macau. MGM Grand Paradise owns and operates MGM MACAU and MGM COTAI. MGM MACAU is a premium integrated resort on the Macau Peninsula and MGM COTAI is a contemporary luxury integrated resort in Cotai. The company is headquartered in Nape, Macau Special Administrative Region of China.
Headquarters
Macau
Address
Avenida Dr.Sun Yat Sen, Nape, Macau
Website
cn.mgmchinaholdings.com
Telephone
853 8 8021884
No of Employees
10,568
Industry
Leisure and Arts
Ticker Symbol & Exchange
2282 (HKG)
Revenue (2022)
$672.8M
-44%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-36%
(2022 vs 2021)
Market Cap*
$6.6B
Net Profit Margin (2022)
XYZ
-143.0%
(2022 vs 2021)
* As of and is in US$
MGM China Holdings Ltd premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Casino Games | MGM MACAU |
| Accommodation | MGM COTAI |
| Retail Facilities | MGM Grand Paradise |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company in collaboration with Fortune launched Fortune Brainstorm Design to Macao. |
| 2023 | Contracts/Agreements | In October, the company joined hands with the Industrial Association of Macau to launch a new campaign of M-mark Product Promo Fest. |
| 2023 | Contracts/Agreements | In June, the company established a partnership with the Faculty of Hospitality and Tourism Management of Macau University of Science and Technology to jointly push forward efforts of local talents cultivation. |
Competitor Comparison
| Key Parameters | MGM China Holdings Ltd | Wynn Macau Ltd | Galaxy Entertainment Group Ltd | Melco International Development Ltd | SJM Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | Macau | Macau | Hong Kong | Hong Kong | Hong Kong |
| City | Macau | Macau | Hong Kong | Hong Kong | Hong Kong |
| No. of Employees | 10,568 | 11,000 | 18,600 | 19,676 | 18,400 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William Joseph Hornbuckle | Co-Chairman | Executive Board | - | 65 |
| Pansy Catilina Chiu King Ho | Chairperson | Executive Board | - | 59 |
| Zhi Qi Wang | President; Chief Operating Officer | Senior Management | 2020 | 55 |
| Antonio Jose Menano | Executive Vice President - Legal; General Counsel; Secretary | Senior Management | - | 60 |
| Yuen Ying Yu | Executive Vice President - Human Resources | Senior Management | - | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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