MGM Grand Superstore, an affiliate of MGM China (02282), invested MOP 1.24 billion to participate in the Macau Government Guidance Fund

According to the Zhitong Finance App, MGM China (02282) announced that after friendly negotiations, on October 23, 2026, the company's subsidiary MGM Golden Palace Co., Ltd. signed a partnership agreement with five other gaming companies in the Macau Special Administrative Region (as limited partners) and Macau Project Management (No. 2) One Person Co., Ltd. (as general partner) to establish the Macau Special Administrative Region Government Guidance Fund No. 2 Limited Partnership Fund. The limited partner has promised to allocate MOP 9 billion (equivalent to approximately HK$8.7 billion) to the total size of the fund. MGM Gold Palace has promised to inject MOP 1.24 billion (equivalent to approximately HK$1.21 billion).

The main purpose of the fund is to achieve the policy goals of the Macao Special Administrative Region Government, including promoting diversified development of the Macao economy, such as developing emerging industries, industrial upgrading, commercialization of technology, investing in and supporting technology startups and national strategic industries, investing in cooperation projects in the Guangdong-Hong Kong-Macao Greater Bay Area and Hengqin, and other policy priorities. The initial term of the fund is 15 years, and the first 5 years will be the investment period.

According to the grant agreement, MGM Golden Palace undertakes to implement investment projects, including investing in gaming and non-gaming projects. MGM Golden Palace has promised to invest MOP 16.7 billion (equivalent to approximately HK$16.2 billion), of which MOP 15 billion (equivalent to approximately HK$14.6 billion) will be used for non-gaming projects. MGM Gold Palace's participation in the fund will form part of the investment arrangement under the grant contract, and include the execution of the investment arrangement under the grant contract and demonstrate the company's support for the policies of the Macao SAR Government, including the moderate and diversified development of the Macau economy.