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Focus Gaming News Asia Pacific | mgm china

mgm china

Check the latest mgm china news

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05/04/20

MGM China revenues down 63% in 1Q20

Total revenue for the period reached US$273million with an EBITDA loss of US$22million.

04/24/20

MGM China sees revenues drop 63% in 1Q20

Operators reports revenues of US$272 million for the first three months of the year.

04/17/20

MGM China has cash reserves for 15 months

MGM China has HKD3billion (€356million) in cash and a revolving credit facility from banks amounting to HKD4.5billion (€534million).

04/06/20

MGM China donates 100,000 childrens masks

Casino operator MGM China gives anti-pandemic supplies to Women’s General Association of Macau.

03/27/20

MGM downgraded by Fitch Ratings

Fitch agency revealed that MGM Resorts fell in its rankings because of a “decreased financial flexibility” to face coronavirus crisis.

03/12/20

MGM China share price hits four year low

Other gaming operators have also suffered major declines in the value of their stock amid the Coronavirus outbreak.

02/13/20

MGM China net gaming revenue up in Q4 2019

Gaming operators MGM China also saw full year revenues increase 19 percent YoY to €2.6 billion.

02/11/20

MGM China waives rent for retail tenants during two-week casino closure

Casio operator says the decision will help “alleviate their burdens” during the two-week Coronavirus shutdown.

02/07/20

MGM China donates to the fight against Coronavirus

MGM China gives €2 million to help Hubei province fight and contain the deadly Coronavirus.

12/20/19

Pansy Ho sold more stakes of MGM China

As far as investors go, Ho is still the individual with the largest amount of holdings

12/10/19

Simon Meng is the new non-executive director of MGM China

The announcement was made on a filing to the Hong Kong Stock Exchange also on Monday.

11/01/19

MGM Cotai on the rise

MGM China presented its third quarter results on a report released on Thursday, showing positive results and continued growth of MGM Cotai.

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Highlighted Interview

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

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