Mgm Cotai | World Casino News

No new live-dealer gaming tables for Morpheus

June 15, 2018

Latest Casino and Gambling News, Casino News, New Hotels, Licenses, Macau

Ahead of the opening later today of its new Morpheus hotel, Asian casino operator Melco Resorts and Entertainment Limited has reportedly not been given permission to bring any new-to-market live-dealer gaming t...

MGM China Holdings Limited shareholders approve lower annual dividend

Adam Morgan

May 25, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Asian casino operator MGM China Holdings Limited welcomed shareholders to its annual general meeting yesterday and the investors reportedly used the occasion to approve a year-end dividend of HK$0.097 ($0.012) ...

Paradise Entertainment Ltd deploys LMG terminals at two Macau properties

K Morrison

February 26, 2018

Latest Casino and Gambling News, Casino News, Game manufacturers, Macau, Mergers, Acquisitions & Partnerships

Hong Kong-based casino equipment maker and gaming services provider Paradise Entertainment Ltd. (SEHK: 1180) has reportedly deployed a total of 267 of its Live Multi Game (LMG) terminals at two Macau casinos. ...

Successful year for MGM Resorts International

Adam Morgan

February 22, 2018

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

American casino giant MGM Resorts International has released its unaudited financial results for the twelve months to the end of December showing that it experienced an almost 80% increase year-on-year in net i...

MGM Resorts opens $3.4 billion MGM Cotai

K Morrison

February 13, 2018

Latest Casino and Gambling News, Casino openings, Macau

Having sent out a media invitation on Feb. 6, MGM Resorts International Holdings, Ltd, parent company to MGM China Holdings Ltd (2282:Hong Kong), on Tuesday held the grand opening for its HKD27-billion (US$3.45...

MGM China sends invites for MGM Cotai Feb 13 “grand opening”

K Morrison

February 6, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Macau

A media invitation for the February 13 “grand opening” of its MGM Cotai was reportedly issued on Tuesday by MGM China Holdings Ltd. After having delayed the opening of its Cotai development several times, the M...

MGM China Holdings Limited asked to investigate new technology

Adam Morgan

February 5, 2018

Latest Casino and Gambling News, Casino News, Technology, Macau, Labor Relations

After last week saw employees at its MGM Macau property stage a demonstration concerning the amount of a one-off pay bonus, MGM China Holdings Limited is now reportedly facing calls to investigate the impact ne...

Macau casino workers stage demonstrations

Adam Morgan

January 31, 2018

Latest Casino and Gambling News, Macau, Labor Relations

In Macau, employees of local casino operator MGM China Holdings Limited reportedly staged demonstrations on Sunday and Monday in protest at the firm’s refusal to grant its non-management staff a one-off bonus e...

MGM Cotai allocated 125 tables, 77 more may be transferred

Lars Jones

January 25, 2018

Latest Casino and Gambling News, Casino project updates, Licenses, Macau

The DICJ, Macau’s Gaming Inspection and Coordination Bureau, has allocated MGM China Holdings Ltd 125 new to market tables for their MGM Cotai property which is expected to open in February. The tables will be ...

Optimistic prediction sends Macau share prices soaring

Adam Morgan

January 18, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Share prices for some of the biggest casino operators in Macau have reportedly climbed considerably this week following the publication of a report from brokerage firm Sanford C Bernstein Limited that claimed t...

MGM Cotai to open from February 13

Adam Morgan

January 9, 2018

Latest Casino and Gambling News, Casino News, Casino openings, Macau

After delaying the opening of its MGM Cotai development several times, American casino giant MGM Resorts International has now reportedly declared that it intends to hold an ‘official grand opening ceremony’ fo...

Year of recovery for Macau gaming revenues

Adam Morgan

January 2, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Macau's 40 casinos reportedly saw their aggregated gross gaming revenues for the whole of 2017 reach a three-year high of just over $33.01 billion thanks in large part to a resurgence in the numbers of high-sta...

MGM China announces delay in MGM Cotai opening due to Typhoon Hato

Marie Kelley

October 3, 2017

Latest Casino and Gambling News, Casino project updates, Macau

Typhoon Hato came through Macau in late August, leaving destruction in its wake. Buildings were destroyed or damaged, power outages were widespread and residents of the area were in need of water, food and shel...

Construction of Morpheus development suspended following fatal accident

Adam Morgan

July 19, 2017

Latest Casino and Gambling News, New Hotels, Casino project updates, Macau

In Macau, officials have reportedly ordered Melco Resorts and Entertainment Limited to suspend construction on the fifth hotel tower for its City of Dreams Macau development following a fatal accident on Friday...

MGM Cotai opening date moved to fourth quarter

Adam Morgan

May 2, 2017

Latest Casino and Gambling News, Casino project updates, Macau

After declaring in January that its MGM Cotai development would not be opening until the second half of 2017, American casino operator MGM Resorts International has now reportedly revealed that the $3.1 billion...