Part V: Regional & Cultural · Asia-Pacific Regional Terms

MGM China / MGM Grand Paradise

Macau — CorporateREPORTED

MGM China Holdings is the Hong Kong-listed company through which MGM Resorts International operates in Macau, as MGM Grand Paradise. MGM Resorts has owned about 56% of MGM China since 2016; Pansy Ho, daughter of Stanley Ho, holds about 22%. MGM entered Macau through a sub-concession from SJM Holdings in 2005. The company operates MGM Macau on the Macau Peninsula and MGM Cotai on the Cotai Strip, and secured a new 10-year concession in 2022. MGM China has focused on both premium mass and VIP segments while navigating complex regulatory requirements.

In practice

MGM’s partnership with Pansy Ho drew scrutiny from US state regulators; in 2010 New Jersey’s Division of Gaming Enforcement found her unsuitable as a business associate, and MGM placed its Atlantic City interest in a trust.

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.