Local initiatives in neurodivergent rights, eco-friendly materials and corporate responsibility take home the honours.
MGM Macau
Plans are afoot to transform the historic quarter into a ‘cultural and creative park’ through a public-private partnership.
Scheduled for MGM Macau on 15 September, the event will also see the launch of the inaugural Macau ESG Awards.
The company is awaiting government approval to add a whole new storey – a dedicated arts space – to its Cotai property.
Under its new gaming concession, MGM’s two integrated resorts were awarded almost 200 more gaming tables.
The concessionaire’s first quarter results add weight to analysts’ predictions that it will be the first casino operator in Macao to match or exceed its pre-Covid performance.
The exclusive facilities seem to have been set up in response to official calls for Macao to reduce its dependence on the mainland Chinese gaming market.
Adjusted Property EBITDAR loss much greater than US$5 million in last quarter of 2021 but better than US$70 million loss in September 2022 quarter.
Figure also shows 23 per cent drop from previous month’s GGR, a setback just as Macao began to recover from its summer Covid-19 outbreak.
