MGM China granted provisional award of new 10-year Macau gaming concession starting Jan 1, 2023

MGM Resorts International

MGM Grand Paradise received provisional award for a new 10-year gaming concession from the Macau Government.
Concession term begins January 1, 2023, subject to final discussions and final award of the contract.
MGM China (2282.HK), an indirect subsidiary of MGM Resorts (MGM), submitted tender in August/September 2022.
Final terms of the concession contract remain subject to negotiation with the Macau Government.

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