MGM Grand Detroit announced last Friday that David Tsai has been appointment president and COO. Tsai served in the same capacity since 2018 in his most recent position at Gold Strike Casino Resort in Mississippi, which is apart of the MGM Resorts.
He was responsible for launching Gold Strike’s first sports wagering operations stats during his time with the company and will bringing his expertise to Grand Detroit.
Here’s a glimpse into some of the insight he gained through launching Mississippi’s first legalized sports betting outlet:
“We’ve created an exceptional state-of-the-art venue that brings together sports, gaming, entertainment, dining and nightlife. These continued capital investments combined with our innovative service culture and M life Rewards loyalty program make Gold Strike the region’s premier sports entertainment destination.”
Regional portfolio president for MGM Resorts International, Jorge Perez, says that Tsai is taking the reigns in Detroit at an exciting and opportune time, as legalized sports wagering has been introduced to Michigan. He believes the leadership and experienced he gained in Mississippi, being the first to market its sports betting operations, will be a great, much-needed benefit for MGM Grand Detroit and its customers.
Tsai’s 13-Year Industry Experience
Tsai first joined MGM Resorts back in 2007. He served as senior vice president of corporate strategy and analytics at CityCenter/ARIA. He then served as senior vice president and CFO for Monte Carlos in Las Vegas. One of his biggest undertakings while at Monte Carlo was preparing the property for their successful transformation to Park MGM and NoMad.
During Tsai’s time as CFO for Monte Carlo, he invested a lot of the money in bringing local desert shrubbery, trees and plants for the communal space that leads into the T-Mobile Arena, saying that a lot of time and effort was spent making sure the landscape and paving was designed to be unique and comfortable.
Shifting gears forward to his latest role, Tsai says, “MGM Grand Detroit is the casino of choice in the region because of its outstanding team and their commitment not only to customers but to the community.” He continues:
“At a time of unprecedented change and opportunity for Michigan with the passage of sports betting, I am honored to be joining MGM Grand Detroit and look forward to continuing to bring our customers exceptional entertainment offerings and service, and working with the community.”
Tsai has an MBA degree from Stanford University, where he also completed his undergraduate studies.
How MGM Grand Detroit is Preparing for Legalized Sports Betting
Back in October, MGM Grand Detroit opened up their $6 million sports bar, Moneyline, as the perfect placeholder until sports betting becomes officially legalized in the state.
As of now, it serves as a fully-functioning sports bar, complete with 60 televisions, a capacity of 280 and three sections of VIP seating. It also features couches and high-top seating, and personalized game sound. It is 21-and-older, and is smoke-free, with business hours currently from 11:30 a.m. to 1:30 a.m.
Located off the front entrance to the casino near the hotel lobby, it’s in a prime spot to becoming a major attraction with legalized sports betting.