Inside Asian Gaming

IAG NOV 2019年11月 亞博匯 69 2019 亞博匯50強 GRANT BOWIE CEO AND EXECUTIVE DIRECTOR MGM China Holdings Ltd 簡博賢 首席執行官及執行董事 美高梅中國控股有限公司 CLAIMS TO FAME • Most senior Macau-based Westerner in the industry • Oversaw opening of Wynn Macau in 2006 and MGM Cotai in 2018 名成事跡 • 澳門博彩業界職級最高的外籍管理層 • 監督永利澳門及美獅美高梅分別於2006年及2018年開幕 12 IT’S been a slow burn for MGM China in recent years, but for all the headaches that came with making its flagship IR, MGM Cotai, a reality it seems like the US$3.4 billion investment is finally starting to pay off. The company’s 2Q19 figures saw net revenues increase 26% year-on-year to US$706.1 million, of which US$315.9 million came from MGM Cotai – up from US$184.7 million 12 months earlier. The property’s ramp has been further fueled by the addition of 50 new-to-market gaming tables at the start of the year which helped push mass volume up 5% to US$2.04 billion. The company indicated that 80% of its profit for the period was accrued from mass gaming, in part due to the slower than hoped completion of some VIP facilities at MGM Cotai. Nonetheless, the long-awaited launch of MGM’s The Mansion – a secluded VIP enclave featuring 27 ultra-luxury villas ranging in size from 215 to 570 square meters – in March helped the company inch ever upwards in the highly competitive Macau landscape with market share now pushing above 9%, up from 7% 12 months earlier. MGM China’s Adjusted Property EBITDA in 2Q19 grew 43% to US$171 million with an Adjusted Property EBITDA margin of 24.2% compared with 21.4% in 2Q18. All of which is no doubt helping the company’s veteran CEO and Executive Director, Grant Bowie, sleep a little easier at night. Long considered the highest-ranking Westerner in Macau’s casino industry, Bowie’s decade-long tenure at MGM China follows a previous five year stint as President of Wynn Macau where he oversaw the September 2006 opening of Wynn Macau. 過去 數年，美高梅中國慢慢地發展，儘管在開發旗艦綜合度假村項目美獅美高 梅時遇到不少難題，但這筆高達34億美元的投資，終於開始有所回報。 2019年第二季度，該企淨收益按年增長26%至7.061億美元，其中美獅美 高梅貢獻了3.159億美元的淨收益，較去年同期的1.847億美元大幅增長。 該物業表現強勁的原因之一場內自今年初新增了50張賭桌，令中場賭桌 投注額增加了5%至20.4億美元。美高梅中國表示，第二季其80%利潤來自中場 業務，當中與美獅美高梅部分貴賓博彩設施的落成進度較預期慢有關。 然而，美獅美高梅期待而久的酒店別墅「雍華府」於3月亮相登場，該設施 包含27間超豪華別墅，面積從215平方米至570平方米，為賓客提供私密豪華體 驗，亦令該企在競爭激烈的澳門市場上，佔取更大的市場份額，從一年前的7%， 上升至目前的9%以上。 美高梅中國今年第二季經調整物業 EBITDA按年增長43%至1.71億美元， 經調整物業 EBITDA利潤率為24.2％，較去年同期的21.4％高。這一切無疑令該 企首席執行官及執行董事簡博賢，可以在晚上較容易入睡。 簡博賢長久以來被視為澳門博彩業資歷地位最高的外籍管理層，曾於永 利澳門出任總裁約五年的時間，見證永利澳門於2006年9月開幕，其後加入美高 梅中國，至今已有十多年。 POWER SCORE 權能指數 : 1,778 POSITION LAST YEAR 去年排名 : 12