Thursday, May 9, 2024

Search Results

MGM Resorts International to acquire Push Gaming by subsidiary LeoVegas

MGM Resorts International announced its wholly owned subsidiary, LeoVegas, has entered into an agreement to acquire the majority of game developer Push Gaming Holding Limited and its subsidiaries, and the future operating commitment of the founding management team.

MGM Resorts International to buy back $2 billion in shares

MGM Resorts International on Wednesday announced a new $2.0 billion share repurchase program, which it said is designed to return value to the company’s shareholders.

Thai gaming market extremely compelling, UAE casino still on the radar: MGM CEO

The cost of doing business in Thailand and the estimated margins make the possible future gaming market very compelling, while the UAE holds potential, notes the CEO and President of MGM Resorts International.

MGM Osaka secures $3.4 billion loan from banks

The group behind the multi-billion-dollar integrated resort in Japan, led by MGM Resorts, has closed a deal for a $3.4 billion loan from a group of banks.

MGM Resorts sues US Federal Trade Commission over cyber-attack investigation

MGM Resorts is suing the United States Federal Trade Commission (FTC) in efforts, claiming that the regulatory body is overstepping its bounds in its investigation into the cyber-attack on the gaming operator last September.

Daily Asia Gaming eBrief: Newport World Resorts targeting high-end play/non-gaming

The first integrated resort in Manila, Newport World Resorts has reached a certain level of maturity, underlined by now being under a single umbrella group. Hakan Dagtas, COO of the IR, says that 2023 was the best results year for the property since its opening.

Deutsche Bank raises MGM China’s 4Q23 EBITDAR forecast to $254M

Analysts from Deutsche Bank raise MGM China’s 4Q23 EBITDAR forecast from the previous $231 million to $254 million due to the strong performance in the period.

MGM China announces CNY one-month salary staff bonus

MGM China announced that a discretionary bonus, equivalent to one month’s salary, will be paid to eligible team members.

UAE gambling legalization is a significant opportunity for MGM – CEO

The possible legalization of gambling in the UAE, would be a considerable opportunity, the management of MGM Resorts International stated in the group's third quarter 2023 earnings conference call.

MGM China revenue up 829 percent, EBITDA up 23 percent yearly in 3Q23

MGM China saw a stunning third quarter, with net revenues up some 829 percent, to $812.52 million, a rise of 10 percent compared to the same quarter in 2019.