MGM China Holdings Limited (2282.HK)

12.880 -0.240 (-1.83%) At close: 04:08PM HKT

MGM China Holdings Limited

MGM Macau
Avenida Dr. Sun Yat Sen NAPE
Macau
Macau
853 8806 7811
https://cn.mgmchinaholdings.com

Sector(s): Consumer Cyclical
Industry: Resorts & Casinos
Full-time employees: 11,786

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Xiaofeng Feng	President of Strategic, CFO & Executive Director	16.36M	N/A	1971
Mr. John M. McManus Esq.	Executive Director	N/A	N/A	1967

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau. It owns and operates MGM Macau, an integrated resort that includes a casino with slot machines, gaming tables, multiple VIP, and private gaming areas; a hotel with rooms, suites, and villas; and amenities, including restaurants, retail outlets, pool, and spa facilities, as well as a convention space. The company also owns MGM Cotai, a resort that consists of a casino with slot machines and gaming tables; hotel with rooms, suites, and skylofts; restaurants and bars; retail outlets; and meeting space, as well as other non-gaming offerings. In addition, it is involved in the provision of outsourcing services, including information technology, accounting, human resources, hotel reservation, and convention consultation. The company was incorporated in 2010 and is headquartered in Macau. MGM China Holdings Limited operates as a subsidiary of MGM Resorts International Holdings, Ltd.

Corporate governance

MGM China Holdings Limited’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 3; Board: 4; Shareholder rights: 8; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.