HONG KONG, May 1, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company") has reported record-high performance and market share for the first quarter of 2024. The company announced its unaudited financial data, highlighting a strong recovery in Macau following the challenges of the past years.
Kenneth Feng, President and Executive Director of MGM China, expressed pride in the company's performance, attributing it to their focus on customer service and continuous innovation. He stated, "Our outstanding performance demonstrates our deep understanding of customers with continued improvements in service levels. It is also a testament to our team's continuous innovation in crafting compelling experiences for our customers."
Feng also emphasized the company's confidence in the future of Macau and MGM China, mentioning the resumption of dividends as a sign of commitment to bringing returns to shareholders. He stated, "The resumption of dividend demonstrates our confidence in the future of Macau and MGM China, along with our commitment on bringing return on investment to shareholders."
Furthermore, Feng outlined MGM China's commitment to providing unique and integrated experiences to customers in alignment with the Macau Government's vision for the city. He said, "We are committed to bringing more unique and integrated experiences to our customers, with the view to align our offerings with the Macau Government's vision to develop the city into a global and diversified tourist destination."
MGM China's performance in the first quarter of 2024 showcased significant growth in gross gaming revenue in Macau, with a notable increase in mass GGR reaching all-time highs. The company's focus on non-gaming events and entertainment offerings also contributed to its success during the period.
The company's dedication to excellence was recognized when MGM received seven Five-Star awards by Forbes Travel Guide 2024 in February, highlighting its leading position in the hospitality industry.
MGM China Holdings Limited is a key player in the gaming and lodging industry in the Greater China region, operating premium integrated resorts in Macau. As the company continues to deliver exceptional experiences and drive growth in the market, its impact on the tourism and entertainment sector remains significant.
For more information about MGM China Holdings Limited, visit the company's website at www.mgmresorts.com.