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“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.

11/05/21

Orix unveils partnership agreement with MGM for Osaka IR development

Hitomaro Yano, executive officer at Orix, has revealed that Orix and MGM will each hold 40 per cent equity in the proposed IR.

11/04/21

MGM CEO optimistic about Macau casino licence renewal

Bill Hornbuckle, MGM president and CEO, has said he is “highly confident” that MGM China’s gaming concession will be renewed.

11/03/21

MGM-Orix could benefit from Japan election results

Analysts stated the result of Japan’s general elections is positive for the country’s plan to encourage IR developments, especially for the MGM-Orix consortium in Osaka.

10/25/21

MGM Resorts and Wynn Macau also report high rates of vaccination

The Macau casino operators have reported that they have reached a vaccination rate of over 80 per cent among staff.

10/06/21

MGM CEO has no worries about increased control over Macau’s casinos

Bill Hornbuckle, MGM president and CEO, has said he is not worried about increased oversight of gaming concessionaires and junket operations.

09/17/21

Osaka announces MGM-Orix as IR partner

Osaka Prefecture has selected MGM-Orix as its partner for its IR bid.

09/13/21

Yokohama IR withdrawal won’t affect Osaka’s plans

Hirofumi Yoshimura, Osaka’s governor, has said Osaka’s IR plans won’t be impacted by Yokohama’s withdrawal from the contest.

07/20/21

MGM-Orix to invest US$9.1bn in Osaka IR

MGM-Orix, the only contender in Osaka’s IR tender, intends to invest nearly US$9.1bn in the development of the integrated resort.

07/08/21

Macau GGR to reach pre-pandemic levels by 2024, analysts say

Fitch Ratings Inc predicts Macau’s gross gaming revenue (GGR) will return to 2019 levels by 2024.

06/18/21

Pansy Ho Chiu King continues to reduce MGM Resorts stake

Pansy Ho Chiu King has reduced her MGM Resorts International stake to 0.82 per cent after selling an aggregate of 204,459 shares.

06/09/21

Pansy Ho Chiu King reduces MGM Resorts stake to 0.86%

Pansy Ho Chiu King has sold US$20.4m worth of shares in MGM China’s parent company, MGM Resorts International, reducing her stake to 0.86 per cent.

06/05/21

MGM CEO: only two Japanese IRs likely to be built

Bill Hornbuckle, MGM president and CEO, has said he believes Japan will only build two IRs in the first round of development.

06/04/21

Pansy Ho sold more MGM China shares in May

Pansy Ho Chiu King sold US$86.05m worth of shares in MGM China’s parent company, MGM Resorts International, reducing her stake to 0.96 per cent.

05/06/21

Osaka worried about future of IR development

Osaka Prefecture fears that with only one contender, it may have lost the ability to negotiate terms in its IR development plans.

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Check the latest MGM Resorts news

“Macau’s gaming market will improve in the medium term” – MGM CFO

Orix unveils partnership agreement with MGM for Osaka IR development

MGM CEO optimistic about Macau casino licence renewal

MGM-Orix could benefit from Japan election results

MGM Resorts and Wynn Macau also report high rates of vaccination

MGM CEO has no worries about increased control over Macau’s casinos

Osaka announces MGM-Orix as IR partner

Yokohama IR withdrawal won’t affect Osaka’s plans

MGM-Orix to invest US$9.1bn in Osaka IR

Macau GGR to reach pre-pandemic levels by 2024, analysts say

Pansy Ho Chiu King continues to reduce MGM Resorts stake

Pansy Ho Chiu King reduces MGM Resorts stake to 0.86%

MGM CEO: only two Japanese IRs likely to be built

Pansy Ho sold more MGM China shares in May

Osaka worried about future of IR development

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