"It is going to open this year in the
fourth quarter and probably right around – right after Golden Week, probably. It’s
going to be very spectacular,” said Murren on a conference call with investment
analysts to discuss the group’s first-quarter earnings.
Murren was referring in particular to a holiday period at the beginning of
October marking China’s National Day. The company had spoken previously about
MGM Cotai opening in the second half of 2017.
"Following the opening of Cotai we expect
MGM China to enjoy significant upside, given what will be an exceptional uptick
in room supply for the company, as well as the largest percentage increase in
table supply for any of the ‘Big Six’,” said a Friday note from analyst Grant
Govertsen of Union Gaming Securities Asia, referring to Macau’s six
directly-licensed casino operators.
