Macau to stay top single-market for gaming: Hornbuckle

Macau would “forever be” the largest single-jurisdiction casino gaming market in the world, suggested the boss of United States-based MGM Resorts International, majority owner of Macau operator MGM China Holdings Ltd.

Bill Hornbuckle (pictured in a file photo), chief executive and president of MGM Resorts, as well as being board chairman of MGM China, made the comments in remarks during a round-table discussion with business news television channel CNBC. The round-table discussion – including also the CEOs of respectively Las Vegas Sands Corp and Wynn Resorts Ltd – will be aired on Wednesday (July 13).

Macau was, pre-pandemic, “seven, eight times Las Vegas in scale,” stated the MGM Resorts boss in an extract of the discussion released on social media. If it “comes back half to begin with, and then some… it’s the largest gaming market in the world, bar none; and it will forever be,” he added.

Macau has had a stop-start recovery pattern in the past two years, coinciding with periodic outbreaks of Covid-19 on the mainland and in Macau, as China applies a containment policy to the disease, rather than the ‘living-with-Covid’ policy adopted in other places.

Source: https://www.ggrasia.com/macau-to-stay-top-single-market-for-gaming-hornbuckle/