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Murren Talks MGM Cotai

By Chuckmonster on Tuesday, 6th August 2013 2:45pm
  » filed under Macau  comments: 6


In a counter swat to Steve Wynn's boastful earnings call speech about Wynn Palace, MGM Resorts International CEO Jim Murren laid out an argument for the forthcoming MGM Cotai property to investors.

Murren stated that development on the Kohn Pedersen Fox Associates designed Cotai property is underway. KPF is known for designing the Mandarin Oriental Las Vegas as well as new Mandarin Oriental in Macau.

Murren boasted that features include a "tremendous atrium, three times the size of [The Conservatory at] Bellagio" and "good surprises on the entertainment front."

He also noted that MGM Cotai will feature a Mansion - the extremely exclusive microtel within a hotel brand inside MGM Grand Las Vegas - that "will really be over the top."

When it comes to salesmanship and carnival barking, Murren leaves a lot to be desired. It was interesting to see the attempt to reclaim the Bellagio conservatory concept a week after Steve Wynn painted fanciful portrait of the very same idea on his investor call a week ago.

Let the Battle of The Cotai Bellagio Impersonators begin!

Tagged: mgm   murren   cotai   macau   steve wynn    


Comments & Discussion:

its interesting how both parties are trying to bring Bellagio to Cotai.

Neither one is trying to bring their most recent offering their (i.e. City center and Wynn)

I always thought the general consensus was that wynn las vegas was superior to Bellagio las vegas.

I'm surprised that MGM are talking about a "The Mansion Cotai" when you'd have expected them to pick the Skylofts brand (since that's one of the three brands they're trying to push via MGM Hospitality). Then again, maybe they're treating Macau/China as a completely separate market since most Chinese gamblers are probably relatively nationalistic/insular and/or can't afford international travel and thus don't really know or care about Bellagio or Skylofts or the like.

Also, another point... this "taking ideas from Bellagio and the Mansion" thing is hardly new. MGM Macau does this already... the main lobby has a chandelier of Chihuly glass flowers (Fiori Di Paradiso... not as large or colorful as Fiori Di Como but the more restrained sculpture works well with the look of the place), and the main atrium is kind of a hybrid of the courtyard of The Mansion and also the conservatory at Bellagio.

Is Cotai a big shipping port? Would that explain the container-yard design? I must say, that is a very striking look.


Macau was once a Portuguese trading port with China. But I think the look is meant do distinguish the MGM Cotai out from the MGM Macau in spite of the fact that both buildings have the same gold-silver-bronze color scheme.

MGM seemed to have no problem making money of gambling unlike Caesars. I suspect their Mlife prizes drive a lot of customers thru their doors.

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