Snow Lake Capital | World Casino News

Pansy Ho Chiu-King offloads more MGM Resorts International stock

June 3, 2021

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

In Macau and billionaire businesswoman Pansy Ho Chiu-King (pictured) has reportedly banked approximately $86 million after offloading a 0.4% stake in American casino operator MGM Resorts International. Accor...

Fitch Ratings Incorporated advises caution on MGM China Holdings Limited float

Adam Morgan

March 30, 2021

Latest Casino and Gambling News, Gaming Industry News, Hong Kong, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

Prominent credit ratings agency Fitch Ratings Incorporated has reportedly assigned a pessimistic ‘BB-’ grade to the $750 million senior notes offer recently floated by Asian casino operator MGM China Holdings L...

No restructuring plans for MGM China Holdings Limited

Adam Morgan

January 8, 2021

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

Asian casino operator MGM China Holdings Limited has reportedly responded to an earlier recommendation from one of its minority investors by announcing that it has no plans to begin restructuring its business. ...

MGM Resorts International urged to sell portion of MGM China Holdings Limited stake

Adam Morgan

January 7, 2021

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

In Macau and a prominent investor in local casino operator MGM China Holdings Limited has reportedly urged the enterprise’s majority shareholder, MGM Resorts International, to sell up to 20% of its own stake to...