CLAIMS TO FAME
- One of three key MGM China executives reporting directly to Pansy Ho
- Helped develop MGM’s high-end hotel management platform Diaoyutai State Guesthouse
It is no coincidence that Kenneth Feng has been thrust into the spotlight by MGM China in 2024, making a number of public appearances on behalf of the company and regularly speaking during parent MGM Resorts’ quarterly earnings calls.
Feng has been with MGM for more than 20 years and this year has been by far the most exciting for the Macau subsidiary in all that time. Buoyed by the grant of 198 additional gaming tables under the current 10-year concessions signed in late 2022, revenues have soared in 2024 with MGM China’s market share hitting 16%. To put that into perspective, market share prior to the COVID-19 pandemic and new concession period was a little less than 10%.
A graduate of Nankai University in China with a Bachelor of Science degree, and of Columbia University in the United States with a Master of Science degree, Feng was appointed Vice President – International Operations for MGM Resorts International in 2007, Senior Vice President in 2009 and has served on the MGM China board since 2018. He was promoted to the role of President, Chief Strategic and Financial Officer for MGM China in June 2020 following the retirement of long-time CEO Grant Bowie.
He was closely involved in the development of MGM Macau and negotiations for the establishment of Diaoyutai MGM Hospitality Ltd, a joint venture between MGM Resorts International and Diaoyutai State Guesthouse – the Chinese Government’s highest standard service venue for hosting foreign heads of state visiting China. To this day he remains actively involved in strategic, development and operations roles both with MGM China and with Diaoyutai MGM Hospitality.
For the full list of 2024 Asian Gaming Power 50 winners, click here.
