MGM Cotai Casino Resort
MGM Cotai Casino Resort is currently under construction and will be found on the Cotai Strip. The Cotai strip is a plot of reclaimed land between the Coloane islands and Taipa, dubbed “Co-Tai” for that reason. The development on the MGM resort began in February 2013, and is scheduled for completion around mid 2016. The design is inspired by the concept of a jewelry box and is meant to become the “jewelry box” of Cotai.The property will maintain accommodations for 1,500 guestrooms and suites, a luxury spa, a vast amount of high end meeting and convention space, high-end retail outlets and shopping venues, decadent dining and beverage options, all in addition to a luxury casino game room floor.
MGM Cotai’s “first international Mansion” and “Asia’s first dynamic theater” has not yet announced the details of all that will be available to patrons. MGM itself has been quoted in saying the resort will “…drive greater product diversification and bring more advanced and innovative forms of entertainment to Macau,”. We take that to mean it will attempt to appeal to the mass market and offer diverse family-friendly amenities. An estimated 85% of the 3 million sq ft development will be dedicated to non-gaming attractions according to our sources.
The 500,000 sq ft gaming floor is expected to house more than 500 gaming tables and 2500 slots – but no other games have been announced as of yet. We estimate roughly 200 tables at opening with another 50 to be added to the game floor later. This would go in line with what other properties received in 2015.
This US$3 billion resort is being designed by architects Kohn Pedersen Fox and David Rockwell. Rockwell is known for designing “The Spectacle” a retail and entertainment complex that featuring brands such as Fendi, Gucci, Chanel, Prada and Louis Vuitton.
Food and beverage brands and nightlife accommodations have not been announced as of our early 2016 update.
The property is not to be confused with the MGM Grand Casino Macau. MGM China Holdings Limited maintains ownership over both resorts (HKEx: 2282), majority owned (51%) by MGM Resorts International (NYSE: MGM).
Coming Soon: The resort is set to open December 1st of 2016
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