Grant Bowie

    Grant Bowie is the chief executive officer and an executive director of MGM China Holdings Limited. He has been the president of MGM Grand Paradise since August 1, 2008.With over two decades of experience working in the hospitality industry, Mr. Bowie joined our Company after approximately four years as the president and general manager of Wynn Macau. Prior to that, he contributed to the growth and development of Park Place Entertainment Corporation’s Jupiter operations in Australia from 1987 to 2003. In his 16 years with Park Place Entertainment, he held senior positions in casino, general finance and hotel operations before being appointed General Manager of both Park Place Entertainment’s properties in Australia. Mr. Bowie is also an Adjunct Professor in Tourism and Leisure Management at the University of Queensland. Mr. Bowie holds a Bachelor’s degree in commerce from the University of Otago in New Zealand.

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    Grant Bowie resigns from MGM China board

    MGM China has announced that Grant Bowie has resigned as an executive director of the company, effective August 6. Bowie will, however, remain as an advisor to MGM China until the end of 2022. Bowie resigned as CEO of MGM China at the end of May after a long tenure in the post. Replacing Bowie […]

    MGM announces early retirement of CEO

    MGM China has announced its CEO Grant Bowie will retire with effect from May 31, which was earlier than analysts had been expecting.

    MGM China stock loses 64 percent of value since peak

    Over the course of the past couple of years, MGM China stock on the Hong Kong Stock Exchange has tumbled from a January 2018 peak of HK$24.3 to its Thursday closing of HK$8.75, a fall of about 64 percent. It’s recent fall below HK$10 is something that had not been seen since July 2016, and […]

    MGM China revenue gains 26% on mass growth

    MGM China said its net revenues grew by 26 percent during the second quarter of 2019, reaching $706 million, resulting from the continued ramp-up of MGM Cotai, and an increase in main floor table games hold percentage.  Adjusted Property EBITDA reached $171 million, a 43 percent increase compared to the prior-year quarter. MGM said much […]
    MGM Cotai

    Melco, MGM announce anniversary bonuses

    MGM China and Melco Resorts and Entertainment said they will pay a bonus equivalent to one month’s salary to celebrate the 70th anniversary of the founding of The People’s Republic of China and the 20th anniversary of the establishment of Macau as a Special Administrative Region.

    Grant Bowie expresses optimism for 2019 performance

    MGM China CEO Grant Bowie says he is optimistic for the company’s performance for the rest of the year, after seeing revenue up nearly 24 percent year-on-year in the first quarter. Speaking to Macau TDM, Mr. Bowie said that the Macau gaming market will continue to remain strong, but stressed that operators should continue to […]

    MGM China posts strong gaming growth in 19Q1

    Macau casino operator MGM China saw its gross gaming revenue grow by 18 percent year-on-year for the three months ended March 31, 2019, with growth seen across all gaming segments. For the quarter, main floor table games win reached HK$3.5 billion, increasing 35 percent, due to a full quarter of operations at MGM Cotai, along […]

    MGM China to stop using single-use plastics from 2019

    MGM China Holdings said it will stop using single-use plastics, such as straws and takeout containers, in all of its Macau restaurants from the first quarter of next year.

    MGM China H1 revenue up 30 percent

    MGM China Holdings Limited said its H1 revenue rose 30 percent, helped by the February opening of its new Cotai resort.

    Privacy an important issue when policing casino worker entry ban

    Privacy will be a significant hurdle to overcome for operators in enforcing the new casino worker entry ban, says MGM CEO Grant Bowie, TDM News reports. Mr. Bowie was speaking at the sidelines of this year’s TrailHiker event. Mr Bowie said it will be important for the government and the operators to work together to […]

    MGM China Q4 revenue gains, led by mass

    MGM China’s Q4 revenue gained 10 percent, pulled up by the mass market, which benefited from a gain in both volume and hold percentage. Net revenues were $549 million. Revenue from main floor table games was up 21 percent, helped by a 10 percent increase in volume and a gain in the hold to 21 […]

    MGM Cotai open for business

    MGM Cotai opened its doors yesterday, with casino floor traffic above expectations following the grand opening ceremony. The opening night ceremony was an all business affair. Officiating guests included Macau chief executive Mr. Chui Sai on, along with key Macau government officials and executives from MGM Resorts. The low key event, was followed by a […]

    MGM Cotai welcomes over 5,000 team members

    MGM Cotai has welcomed more than 5,000 team members in the run up to its opening on January 29. The activities not only provided the team members with comprehensive property profiles to ensure readiness of the resort, but also inspired them to commit themselves to excellence, said the company in a press release. As an […]

    MGM Cotai opens on Jan 29, celebrations to follow

    MGM China Holdings says the Jan. 29 opening of its MGM Cotai resort will kick off a series of celebrations designed to showcase the HK$27 billion property ($3.4 billion). The launch of the resort was delayed from Q4 of last year, in part because of damage from Typhoon Hato, which swept through the territory in […]

    MGM announces three MORS Gold Pin winners

    MGM Macau was one of the hotels to win the most awards at this year’s “Macao Occupational Skills Recognition System” (MORS) Gold Pin Competition. The Competition, which is Macau’s most prestigious hospitality competition, provides a platform to contestants to demonstrate their professional skills and pit their talent against the best in the industry. A total […]

    MGM Cotai awaits license approval, addresses manpower shortage

    Macau casino operator MGM China says it is currently waiting for approval from the government for its license for MGM Cotai, but expects to open on schedule. “We’re still certainly working towards or 29th opening,” said CEO Grant Bowie, quoted by TDM News. “We’re working through now with the government with all the approvals. I […]

    MGM China EBITDA softer than expectations

    Macau casino operator MGM China posted a 21 percent year-on-year decrease in adjusted EBITDA in 17Q3, slightly below market expectations. Adjusted EBITDA was $118 million. Net revenue decreased 5 percent to $471 million. Main floor table games revenue decreased 11 percent year-on-year, while table games revenue decreased 3 percent year-on-year.   The group however saw […]

    MGM Cotai wins six awards at Asia Property Awards 2017

    MGM COTAI swept the competition at the Asia Property Awards 2017, winning an impressive six awards. This makes MGM COTAI the most award-winning integrated resort in Macau, highlighting the company’s outstanding achievements in the field of resort development and architectural design within the highly competitive regional property arena. This is MGM COTAI’s second property recognition […]

    Long-haul travellers missed Macau in Golden Week

    More Chinese visitors going to long-haul destinations may have been one of the reasons for visitation being down during the Golden Week holiday, said MGM China CEO Grant Bowie, Macau Business reports.  Despite this, Bowie said that more “normalized business operations” in which there is “constant demand” is healthier for the company overall. Bowie, who […]

    No opening date set for MGM Cotai yet

    Grant Bowie, chief executive officer of MGM China says the operator is currently working with the MSAR government regarding its Cotai opening, but did not disclose the opening date. Bowie made the comments during the MGM Lion Dance Championship-Junior Lion Dance Training Program ceremony on Tuesday, reported Macau Daily Times. “What we are doing is […]

    MGM runs annual hospitality experience program

    MGM’s annual summer program, “A Day with MGM,” was held at MGM Macau’s Vista on Wednesday, according to a press release from the operator. Since its launch in 2011, more than 400 local youth have been offered the opportunity to gain hands-on working experience at a luxury integrated resort, learning practical skills and gain insights […]

    Galaxy brings forward staff pay rise from July to April

    Galaxy Entertainment has followed MGM China and Las Vegas Sands in announcing pay increases for employees this year. Eligible team members who joined on or before April 1 will receive a performance-based salary increase ranging from 2.5 percent to 5.5 percent. In addition, Galaxy announced the “Special Reward Program” in 2014 under which eligible full-time […]

    MGM awards discretionary bonus to eligible staff

    Casino operator MGM China Holdings Ltd. has announced a discretionary bonus to eligible team members at non-managerial positions equall to one month’s salary, according to a press release from the operator on Tuesday. The discretionary bonus is additional to the Special Bonus that was announced earlier in 2016, which also equals one month’s salary. The […]

    MGM Cotai slated for 17Q2 launch

    MGM China has confirmed that its HK$24 billion ($3.1 billion) Cotai resort will open in the second quarter of 2017. “We believe it [MGM Cotai] will be well received by the market and we are confident to capture the growth opportunities of Macau,” said Grant Bowie, chief executive officer and executive director of MGM China. […]

    Hotel occupancy flat in Golden Week: Bowie

      MGM China CEO and executive director Grant Bowie says he expects hotel occupancy to be flat during Golden Week. Bowie made the comments to local reporters at an MGM event on Thursday. “Our occupancy is looking quite strong and positive, but we all understand now that these traditionally large holidays are not as busy […]

    Bowie very confident of the future of industry, mass to dominate

    MGM China CEO Grant Bowie said he is “very confident” about the future of Macau’s gaming industry, as the region’s gaming operators shift their focus toward mass-market recreational gamblers. Bowie made the comments on the sidelines of a forum held at the MGM casino-hotel in Zape, when asked about his views on Wynn Resorts Chairman […]

    No VIP gaming rooms at MGM Cotai: Bowie

    MGM China CEO Grant Bowie says there will be no VIP gaming rooms in their upcoming MGM Cotai project, scheduled to open in the second quarter of 2017, local media reports. “We’ve already made the decision that we’re envisaging opening with only mass tables, and that’s obviously the basis of where we see the future […]

    MGM China Q1 posts results shy of forecasts, sees stabilization

    MGM China posted a steep drop in Q1 earnings and revenue, but joined the growing chorus of Macau operators in saying they see signs of stabilization in the mass market. MGM China recorded total revenue of HK$3.6 billion, a decrease of 25 percent from a year ago, but narrower than the 31 percent year-on-year decline […]

    MGM China head says Macau gaming market is stabilizing

    MGM China chief executive officer Grant Bowie says the gaming market in Macau is stabilizing, driven by the growth of the mass segment, local media reports. The comment was made during the presentation of MGM Resorts International’s latest quarterly results. “We are seeing some stabilisation in the market led by the mass segment. GGR has […]

    MGM China and Sands China consider raising staff wages

    MGM China Holdings Limited and Sands China Limited will consider increasing the pay of their staff in 2016, according to local media.   MGM China CEO Grant Bowie said he had not yet made any decision about a salary hike. He was quoted as saying this year has been a difficult year for the company […]

    MGM China completes refinancing, boosts loan facilities to $3b

    MGM Resorts International said its MGM China unit has completed the refinancing of its Hong Kong-dollar denominated senior credit facilities, upping the size of funds available and providing the company with the flexibility to develop its MGM Cotai property. The restated accord consists of a term loan equivalent to U$1.55 billion, up from the previous […]

    Grant Bowie dismisses merger speculation

    Grant Bowie, the CEO of MGM China has declined to comment on speculation that MGM China’s parent company, MGM Resorts International, may merge with US casino operator, Wynn. After CNBC host Jim Cramer said there was “speculation” the two operators would merge – without citing his sources – Bowie has moved to quash the rumors. […]

    MGM China grants share options to CEO, others

    MGM China said its board has offered to grant options to subscribe to just over 12.9 million shares to CEO Grant Bowie and “certain other eligible persons.” The award is being made under the share option scheme adopted by the company on May 11th, the company said in a Hong Kong Stock Exchange filing. The […]

    MGM China CEO optimistic about Macau

    MGM China CEO Grant Bowie says the gaming market will gradually stabilize despite 10 months of consecutive revenue declines, and that the public need not be pessimistic. Bowie said despite Macau’s testing times it is still a successful gaming market, he told Chinese-language newspaper the Macao Daily. As China’s anti-graft campaign forces operators to switch […]

    Attracting MICE

    Macau saw a 62 percent spike in MICE visitation in the first quarter, helped by government subsidies, though the territory still faces considerable hurdles to reach its full potential as an events and exhibitions destination. Macau has lost out to regional rivals due to a lack of hotel capacity, limited venues, poor transport links and a branding problem and although problems are gradually being addressed progress is slow.