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MGM Resorts International CEO Bill Hornbuckle has expressed confidence in Macau’s tourism market during his remarks at the Global Gaming Expo (G2E) in Las Vegas. Despite recent economic stimulus efforts from China, Hornbuckle believes Macau’s unique
GM
Hornbuckle said that while gaming revenues are still significantly lower than pre-pandemic levels, much of this decline is attributed to the absence of junket-related revenues. He noted these were less profitable compared to the more common premium mass and direct VIP forms currently being generated.
“MGM has enjoyed more than our fair share going into the end of the year – we’ve averaged in the mid-teens of market share,” he said. “I have great hope for 2025.” Nadia Shaw
