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Focus Gaming News Asia Pacific | mgm china

mgm china

Check the latest mgm china news

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07/21/23

MGM China names Kenneth Feng as executive director

Feng remains president of MGM Grand Paradise Limited.

07/17/23

MGM China launches Macau consumption reward programme

The 17-day initiative targets nearly 20,000 merchant outlets across Macau.

06/29/23

MGM China hosts artistic swimming event in Macau

Macau’s first artistic swimming event drew nearly 180 athletes from Mainland China, Hong Kong and Macau.

05/26/23

Pansy Ho retains executive director position at MGM China

MGM China has announced the results of its AGM poll in a stock filing.

05/02/23

MGM China posts revenue of US$618m for Q1

The casino operator returned to positive EBITDA of US$169m in the first quarter.

04/04/23

MGM China signs agreement with MGM Resorts in bid to attract overseas customers

MGM China has signed a new marketing agreement with MGM Resorts to expand its reach.

03/30/23

MGM China sees little chance of recovering losses from Suncity

MGM China says the possibility of recovering losses through its litigation against the defunct junket operator is remote.

03/07/23

MGM China’s mass market share to rise by 3% in 2024, analysts say

According to Morgan Stanley, MGM China Holdings’ mass market share will rise due to the addition of gaming tables.

02/24/23

MGM China announces partnership with Robb Report Hong Kong

MGM Macau and MGM Cotai will create events for members of the RR1 club.

02/21/23
LeoVegas considers bond issue to finance expansion

Morgan Stanley ups Macau 2023 EBITDA forecasts by 70%

02/09/23

MGM China net revenue down 44% in 2022

MGM China has reported a decline in net revenues from HKD9.41bn (US$1.2bn) to HK$5.3bn (US$674m).

01/09/23

MGM China to pay discretionary allowance to eligible staff

97 per cent of the team members will receive a special payment.

12/13/22

MGM China announces capital restructuring

MGM China has announced a capital restructuring to fulfil its new gaming concession requirements.

12/09/22

MGM China enters into new trademark agreement with MGM Resorts

MGM China Holdings Ltd will pay US$173.2m over the next three years.

11/11/22

MGM Resorts to issue loan of up to US$750m to MGM China

The loan aims to meet future working capital and funding needs.

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Latin America, Focus Brasil, Focus Africa and Focus UAE – five daily releases focusing exclusively on these specific markets.