MGM China Holdings Limited has announced a discretionary bonus equivalent to one month’s salary for 95% of its workforce, recognizing their dedication throughout 2024. Set to be distributed in two phases around Lunar New Year 2025, the bonus reflects MGM’s appreciation during a year marked by milestones like the launch of the POLY MGM Museum, the Macau 2049 residency show, and the revitalization of Barra District, highlighting the company’s role in advancing Macau’s cultural and tourism sectors.
Key milestones in 2024:
Pansy Ho, Chairperson and Executive Director of MGM China Holdings Limited, expressed gratitude for the contributions of the “Golden Lion Team.” She stated in the company’s press release, “The Golden Lion Team’s perseverance and innovative spirit has driven MGM to trailblaze many milestones in cultural tourism this year. From the launch of the POLY MGM MUSEUM and the residency show Macau 2049, to the revitalization of Barra District, these achievements have elevated Macau’s drawcard as a diversified tourism destination. I extend my gratitude to team members for their unwavering efforts. Together, we will pioneer more new heights for the city’s diversified development.”
The year 2024 marked several notable achievements for MGM. Among these was the launch of the POLY MGM MUSEUM, a cultural institution spanning nearly 2,000 square meters and constructed to meet Chinese national standards for exhibiting Grade-One cultural relics. This museum has positioned MGM as a leader in promoting art and heritage within Macau’s thriving tourism sector.
Another highlight was the Macau 2049 residency show, created in collaboration with acclaimed Chinese filmmaker Zhang Yimou. This innovative production has enhanced the entertainment offerings at MGM COTAI and contributed to Macau’s reputation as a hub for world-class attractions. Additionally, MGM played a central role in the revitalization of Barra District, further expanding its impact on local development.
MGM’s integrated resorts, MGM Macau and MGM Cotai, continue to serve as landmarks in Macau. MGM Macau, inspired by the arts, is renowned for its European-themed Grande Praça and luxurious accommodations. The property also houses exceptional amenities, including seven restaurants, event spaces, and a Forbes Five-Star spa. Located on the Macau Peninsula, MGM Macau provides seamless access to One Central, a luxury retail destination.
Meanwhile, MGM Cotai is celebrated for its cutting-edge design and environmental achievements. This resort features approximately 1,400 rooms and suites, various dining options, high-end retail offerings, and the Guinness World Record-holding Spectacle roof. MGM Cotai is also the only mega-complex in Macau to earn three-star certifications for Green Building Design and Operation.
Broader industry trends:
MGM’s bonus announcement aligns with recent trends among Macau casino operators to reward employees for their contributions. Sands China Ltd, for instance, revealed a discretionary bonus for all eligible staff, equal to one month’s salary, scheduled for payout on January 27, 2025. The company also announced a salary increase for 99% of its employees, effective March 1, 2025.
Sands China’s pay adjustments vary by income level, with lower-salaried staff receiving a higher percentage increase. Additionally, management-level bonuses are tied to performance metrics, ensuring a comprehensive incentive structure across the organization.
In his remarks, Sands China CEO Grant Chum reflected on the year’s achievements, including the opening of The Londoner Grand and a collaboration with the NBA to bring preseason games to Macau in 2025. As GGRAsia reports, Chum stated, “As we look back at another successful year for Sands China, we can all be proud of what we have achieved together as a team. On behalf of our board of directors and senior management, I would like to thank you all for your contributions to our continued success.”
In addition to its bonuses, MGM’s long-term investments in cultural tourism and sustainable practices showcase its dedication to advancing Macau as a global tourism destination. The company’s projects, such as the POLY MGM MUSEUM and Barra District revitalization, highlight its role in shaping the region’s future.