Spas, health treatments and hundreds more hotel rooms could be on the cards for MGM China’s Cotai property, according to Bloomberg.
The wellness-themed building – if it goes ahead – would be part of the casino operator’s push to increase its non-gaming offerings, as mandated by the local government under the terms of the latest 10-year casino concessions.
The move would reportedly target premium tourists with spending budgets at the higher end of the spectrum, according to Bloomberg, which cited anonymous sources. MGM China has not confirmed any plans to build a wellness centre at MGM Cotai.
[See more: Gambling contributed to less than 40 percent of Macao’s GDP last year, Ho says]
However, the company is going ahead with the construction of an art museum and wellness centre focussed on traditional Chinese medicine at its resort on the Macao peninsula. These additions are reportedly set to open later this year.
MGM China’s share of Macao’s gaming revenue rose to 17 percent for the first quarter of 2024, up from 10 percent in 2019. That strong performance has been attributed to resort upgrades, the company’s early adoption of RFID gaming tables and – according to MGM China president Kenneth Feng – “a deep understanding of customers.”
In order to have their licences renewed in 2022, Macao’s six casino operators had to pledge to collectively invest more than 100 billion patacas (US $12.5 billion) in non-gambling infrastructure and projects over the next decade.
