12/14/23 MGM Macao International Regatta to be held in January The 2024 MGM Macao International Regatta will host 300 athletes from 28 countries and regions.
06/09/23 MGM Resorts climbs in Forbes Global 2,000 list MGM Resorts has been named in 5th position in the hotels, restaurants and leisure category.
01/17/23 MGM’s contribution to Osaka IR could be between US$2bn and US$2.5bn – S&P S&P Global Ratings Inc. has suggested the casino operator’s equity contribution to a forthcoming integrated resort (IR) in Osaka could be between US$2bn and US$2.5bn.
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.
11/29/22 Macau’s six casino operators welcome licence tender outcome The existing casino operators have reasserted their commitment to the SAR’s economic diversification and future development.
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.
10/12/22 Hornbuckle: don’t underestimate GMM bid for Macau gaming licence Bill Hornbuckle says GMM Limited‘s bid for one of Macau’s six casino licences must be treated seriously.
09/21/22 MGM says getting new Macau gaming licence is top priority Chief financial officer Jonathan Halkyard say the company has worked very hard on its application for the retender.
07/15/22 Genting Singapore attracts takeover interest It’s been reported that MGM Resorts approached the Lim family expressing interest in a takeover of Genting Singapore but that talks were not fruitful.
07/12/22 MGM CEO says Macau will “forever” be world’s largest gaming market Bill Hornbuckle is confident that Macau will continue to be the largest single-jurisdiction casino gaming market in the world.
07/06/22 MGM plans to open new hotel in Shanghai The MGM Shanghai West Bund will feature 161 guest rooms and 58 suites.
06/21/22 MGM expects news on Osaka IR licence by September Jonathan Halkyard, MGM’s chief financial officer, said the company hopes to start work in early 2023.
04/01/22 Moody’s downgrades MGM Resorts Corporate Family Rating to B1 Analysts at Moody’s Investors Service have downgraded MGM Resorts International’s corporate family rating from Ba3 to B1.
12/02/21 “Macau’s gaming market will improve in the medium term” – MGM CFO Jonathan Halkyard, CFO of MGM Resorts International, spoke about the future of Macau’s gaming market in an online session at the Morgan Stanley Global Retail and Consumer Conference.
