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.