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AsiaMGM China's Generous Chinese New Year Bonus and Celebratory Milestones

MGM China’s Generous Chinese New Year Bonus and Celebratory Milestones

MGM China, in celebration of its 16th anniversary, recently held an anniversary ceremony at MGM Grande Praça to express gratitude to its dedicated team members. The company announced a discretionary bonus equivalent to one month’s salary for eligible team members during the upcoming Chinese New Year period in 2024, benefiting over 95% of its workforce.

Milestone Celebration:
MGM China, in recognizing its 16th anniversary, hosted a commemorative ceremony at MGM Grande Praça to honor its team members’ dedication over the years.

Discretionary Bonus Details:
As a gesture of appreciation for their hard work in the past year, MGM China revealed plans to distribute a discretionary bonus equivalent to one month’s salary during the Chinese New Year of 2024. This move is set to benefit more than 95% of the team members.

Acknowledgment from Leadership:
Pansy Ho, MGM China Chairperson and Executive Director, expressed gratitude to the Golden Lion team for their contributions over the past 16 years. Bill Hornbuckle, CEO and President of MGM Resorts International and Co-Chairperson and Executive Director of MGM China, highlighted the team’s competence and dedication, emphasizing their role in the company’s robust recovery in 2023.

Reflection on Achievements:
The announcement comes as MGM China reflects on its achievements, including significant market share growth in 2023. The company attributes this success to the team’s high competence and commitment to excellence.

Development Commitments:
Looking ahead to significant milestones in 2024, such as the 75th anniversary of the founding of the People’s Republic of China and the 25th anniversary of Macau’s return to the motherland, MGM China remains confident in the Macau market. Bill Hornbuckle reaffirmed the company’s dedication to fulfilling development commitments, particularly in boosting the city’s non-gaming elements and attracting more international visitors.

Confidence in Macau Market:
Bill Hornbuckle expressed confidence in the Macau market and emphasized MGM China’s dedication to fulfilling development commitments, contributing to the city’s growth in both gaming and non-gaming sectors.

MGM China’s announcement of a discretionary bonus and celebration of its 16th anniversary underscore the company’s commitment to recognizing and rewarding its dedicated team members. The discretionary bonus, set to benefit over 95% of the workforce, adds a festive touch to the upcoming Chinese New Year, aligning with the company’s optimism about the Macau market and its future development plans.

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