MGM China Holdings Limited, a leading developer & operator of gaming resorts in Macau, has announced that it will install more gaming tables at its MGM Macau and MGM Cotai properties during the third quarter (Q3) of this year. The casino giant also revealed that sales and marketing teams at the two aforementioned properties will also be extended as part of the company’s bid to attract more foreign clients to its gambling-friendly properties. The plans give a clear indication that the operator believes that it is very important for leveraging the international network to expand its business in overseas markets.

MGM Macau is owned by Nevada, U.S.-headquartered MGM Resorts International, said in a statement that the company was renovating its properties and the deployment optimization of additional gaming tables would be completed in the July through September period of 2023.

MGM Resorts Chief Executive Officer (CEO) Bill Hornbuckle said, “The group had completed some renovations at both properties in Macau just a few weeks ago. The company plans to complete in the third quarter the deployment optimization of its additional gaming tables.”

Under Macau’s latest gaming concession that took effect on 1st of January, MGM China received a 36 per cent growth in the total number of gaming tables that were assigned by local gaming authorities to the company. In simple words, the company was assigned an extra 200 gaming tables. The company also obtained an official permit to manage up to 1,700 gaming machines in addition to a maximum of 750 gaming tables.

Hornbuckle explained that nearly 150 gaming tables are already in play, while 50 more are on the way to be available sooner than later. In Macau, the company has four key priorities, viz. activating incremental 200 tables; making changes to the casino floor to boost earnings; taking care of premium-mass customers; and driving international customers to its properties.

The senior executive stressed that the stimulation package could prove to be a big push for the mass segment, especially at the mid to lower-end of mass market.

As MGM China’s financial results are already moving beyond the level of recovery, the company has now started taking about its growth. For the month of July, the operator reported really strong results. Now, the gambling & hospitality giant is very optimistic on the rest of the year in terms of recovery and the financial results.