With total liquidity of HK$13.4 billion, casino operator stresses its healthy financial position, looks forward travel restrictions easing.
MGM China
Move by gaming operators follows government initiative for public workers; staff who fail to comply face ‘employment consequences’.
Jitters caused by plans to put government officials on boards and criminalise underground banking.
MGTO and three resort operators commended for bold initiatives which will help get the city’s tourism industry back on track.
US gaming company’s two hotels put in sterling performance, attributing success to premium mass market.
Late casino magnate’s daughter sells off another MOP 460 million in MGM shares, prior to what insiders say is likely a return to the family business.
Macao gaming operator MGM China announced Friday that its net revenues decreased by 94% year-on-year to US$47 million in the third quarter.
MGM China’s net revenues fell 95 per cent year-on-year to US$33 million (MOP 261 million) in the second quarter of this year, the Hong Kong-listed US gaming operator said in a statement today.
Hong Kong-listed gaming operator MGM China reported today an adjusted negative EBITDA of HK$0.1 billion for the first quarter.