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Due to the reason of typhoon Hato, which caused significant damage to the object under construction, the grand opening of MGM Cotai will take place on January 29, 2018 – just before the celebration of the Chinese New Year on February 16.
The company hopes that the damage caused by the typhoon will for the most part be covered by insurance. MGM China announced that the previously announced budget of the project is not enough, and therefore, a reassessment of costs and an increase in investment were carried out.
The opening of the casino complex was to take place at the end of this year. In mid-September, a small fire occurred on the site, but then the operator said that this would not affect the date of the planned opening.
