Mgm China Holdings Limited | World Casino News

MGM China Holdings Limited records third-quarter deficit

October 30, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its third-quarter financial results showing that net revenues tumbled by 93.7% year-on-yea...

Macau legislator looking to discuss upcoming casino license tender

Adam Morgan

October 26, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau

In Macau and a ranking member of the Legislative Assembly has reportedly announced that she would like to meet with the government so as to hear its intentions regarding the city’s upcoming casino license tende...

MGM China Holdings Limited details dire second-quarter financials

Adam Morgan

July 31, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Macau, Sports betting

The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its second-quarter financial results showing that its net revenues tumbled by 95% year-on-...

Macau second-quarter aggregated earnings shortfall expected to top $1 billion

Adam Morgan

July 6, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Macau

The lingering impacts of the coronavirus pandemic will soon reportedly prompt the six licensed casino operators in Macau to detail combined second-quarter deficits in earnings before interest, tax, depreciation...

MGM China Holdings Limited secures enlarged credit facility

Adam Morgan

May 27, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

Macau casino operator MGM China Holdings Limited has reportedly announced that it has been granted a new revolving credit facility that it will utilize to help its business survive the recent slowdown caused by...

Macau casino tycoon Stanley Ho Hung Sun passes away at the age of 98

Adam Morgan

May 26, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

One of the key men responsible for transforming Macau into the world’s premiere casino hotspot, Stanley Ho Hung Sun (pictured), reportedly passed away at a Hong Kong hospital early this morning at the age of 98...

MGM Resorts International bemoans performance of Macau subordinate

Adam Morgan

April 24, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

American casino operator MGM Resorts International has reportedly announced that its MGM China Holdings Limited subsidiary expects to record a decline of 63% year-on-year in first-quarter net revenues to approx...

Brian Sandoval leaving international post at MGM Resorts International

Adam Morgan

April 3, 2020

Latest Casino and Gambling News, Las Vegas, Gaming Industry News, Employment & Careers

American casino operator, MGM Resorts International, has reportedly announced that Brian Sandoval (pictured) has resigned as its Global Gaming Development President so as to pursue the top administrative job at...

Wynn Macau Limited decides to forego annual dividend payment

Adam Morgan

March 31, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly announced that its board has decided not to pay investors a final dividend on its 2019 financial performance. ...

Dividend decisiveness for MGM China Holdings Limited

Adam Morgan

March 27, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

Macau casino operator MGM China Holdings Limited has reportedly announced that its board has recommended spending just over $40.69 million so as to pay investors a final dividend on its 2019 financial performan...

Bill Hornbuckle appointed new boss of MGM Resorts International

Adam Morgan

March 23, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers

American casino operator, MGM Resorts International, has announced that Bill Hornbuckle (pictured) has been selected to replace the outgoing James Murren as its latest Chief Executive Officer. The Las Vegas-...

Coronavirus fears continue to send casino share prices plummeting

Adam Morgan

March 20, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau

Ongoing anxieties concerning the global coronavirus pandemic have recently sent stock prices falling around the world while yesterday reportedly saw the value of shares in Macau’s six licensed casino operators ...

MGM Resorts International cancels share buy-back plans

Adam Morgan

March 13, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Anxieties over the financial impact of the ongoing coronavirus outbreak have reportedly prompted American casino operator MGM Resorts International to cancel its plan to buy back shares worth approximately $1.2...

MGM China Holdings Limited suffering from coronavirus fears

Adam Morgan

March 12, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The price of shares in Asian casino operator MGM China Holdings Limited reportedly fell to its lowest level in just over four years on Tuesday due to investor anxieties over the ongoing outbreak of a coronaviru...

Pansy Ho offloads another significant MGM Resorts International stake

Adam Morgan

November 23, 2019

Latest Casino and Gambling News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau, the Co-Chair for local casino operator MGM China Holdings Limited, Pansy Ho (pictured), has reportedly made approximately $140.2 million after offloading a 0.87% stake she held in parent firm MGM Reso...