Pansy Ho, MGM China’s chair and executive director commented on the salary increase, extending the company’s “heartfelt gratitude” to the people who make the business possible
MGM China Holdings Limited, a leading casino and hospitality giant in Macau, has unveiled a new salary increase that will affect most of its workers. The company thanked its workers for their hard work and incredible commitment, which have driven continued business growth.
MGM China Recognized Its Workers’ Contributions
According to MGM China’s official announcement, a 2.5% increment will be awarded to 99% of its entire workforce. The company added that its team members who currently receive a monthly salary of or less than MOP 16,000 ($1,995) will receive a standard salary adjustment of MOP 600 ($75). This would represent an increase of between 2.5% and 5.5%, MGM China clarified.
The company confirmed that the salary increase will come into effect from March 24, 2025. It added that the increment represents the leadership’s recognition of the employees’ hard work and incredible contributions to the business.
The salary increase announcement comes several weeks after MGM unveiled a holiday bonus for 95% of its team members. The company confirmed that the bonus will be equivalent to one month’s salary and will be distributed by Chinese New Year (January 29, 2025). This move was mirrored by other Macau concessionaires who likewise sought to recognize their workers’ efforts.
MGM Hopes to Bolster Macau Tourism
Pansy Ho, MGM China’s chair and executive director commented on the salary increase, extending the company’s “heartfelt gratitude” to the people who make the business possible and move forward “hand in hand with the company.”
She added that 2025 will see MGM back the special administrative region’s plans to bolster and develop the tourism sector.
In the new year, MGM will fully support the policy implementation of the SAR Government as always; pragmatically promote the development of all-for-one cultural tourism, while working with the team to continue to enrich the essence of Macau as ‘One Center, One Platform, One Base’.
Pansy Ho, chair & exec director, MGM China
MGM to Refurbish MGM Grand in Las Vegas
In other news, MGM Resorts just announced its plans for a multi-million refurbishment project in Las Vegas. According to the company’s announcement, it will invest a staggering $300 million in the remodeling of its MGM Grand Hotel & Casino property.
The company will use the money to remodel all 4,212 rooms and suites of the entertainment complex’s main tower. The new rooms will feature enhanced blackout drapery that allows visitors to enjoy extra hours of sleep and enhanced privacy. King Rooms, meanwhile, will be upgraded to feature walnut wood finishes, warm gray textured wall coverings, and vibrant carpet designs, as well as charging stations for mobile devices.
Earlier this month, Deutsche Bank reported that MGM Resorts International is exploring new strategies for the year. The firm suggested that its business needs might force it to continue raising its fees.
