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Focus Gaming News Asia Pacific | mgm china

mgm china

Check the latest mgm china news

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11/04/21

MGM China net revenue down 7% in Q3

MGM China has revealed its financial results for the third quarter of the year, reporting a decrease in net revenues from US$311m to US$289m.

09/24/21

Melco Resorts and MGM China highlight green initiatives

Melco Resorts and MGM China have highlighted recent ecological initiatives.

08/05/21

MGM China posts US$311m in revenue for Q2

MGM China has shared its financial results for the second quarter of the year, reporting an increase in net revenues to US$311m.

06/04/21

Macau’s recovery slower than expected, Bill Hornbuckle says

Despite a slower recovery, MGM Resorts’ CEO believes Macau’s market is in good shape.

05/25/21

MGM China expects summer holiday period to boost revenue

MGM China is confident the summer holiday period will boost revenue in Macau.

05/17/21

MGM China lists US$750m in senior notes

MGM China has announced it has listed US$750m in senior notes on the Stock Exchange of Hong Kong and the Chongwa (Macao) Financial Asset Exchange Co.

04/29/21

MGM China revenue up 8.8% in Q1

MGM China has reported that revenue for the first quarter of 2021 reached HKD2.30bn (US$296.4m), with EBITDA of HK$84.3m (US$10.8m).

03/27/21

MGM China sells US$750m in notes to pay down debt

The Macau gaming operator MGM has announced it will sell senior notes to repay a portion of the amount outstanding under a revolving credit facility.

01/19/21

Macau casinos grant employee bonuses

Wynn Macau, Melco and MGM China will offer non-management employees the equivalent of a month’s salary.

10/30/20

MGM China reports US$94.2m loss in Q3

The casino operator has published its latest financial report, showing a plunge in revenues by 94 per cent year-on-year.

08/09/20

Bowie resigns as MGM China’s executive director

The company has also announced the appointment of former MGM Resorts International exec Khanna Molino as non-executive director.

08/02/20

MGM China receives near zero visits in Q2

The company has posted negative financial results, but the new CEO and president says he remains excited about a Japan IR opportunity in Osaka.

06/12/20

Expenses more than double revenue at MGM China

MGM’s latest figures show operating revenue of HKD122.5 million in April.

06/03/20

MGM China prepares new leadership

Imminent changes in management are being drafted at MGM China as the operator seeks to boost effectiveness when travel restrictions are lifted.

05/12/20

MGM China CEO resigns

Grant Bowie will exit his role at the end of the month but will continue to act as a consultant to the operator.

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