Wednesday, May 29, 2024

Search Results

MGM participates in Indonesia mega roadshow

MGM is proactively expanding its international source markets by creating exciting “Tourism+” experiences for its culturally diverse guests.

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.

Daily Asia Gaming eBrief: MGM China breaking records again in the first quarter

The lion continues to roar. MGM China posted record-breaking results again for the first quarter, showing how the group is clawing out even more market share and truly leveraging its Cotai Strip property for maximum gain, particularly from the mass segment.

MGM China first quarter results outshine pre-COVID era, company continues gaining market share

MGM China has announced its continued resurgence in the first quarter of the year, with record high adjusted EBITDA and market share during the period.

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.

SJM and MGM to outperform in 1Q24 – CITI

Brokerage firm Citi forecasts that SJM Holdings and MGM China are likely to emerge as the operational outperformers for the first quarter of 2024 in Macau's gaming industry, underlining, especially, MGM's advantage in the use of radio frequency identification (RFID) technology in gaming tables.

High indebtedness could pose future repayment challenges: MGM China

MGM China has warned in a recent report that its 'high indebtedness' could 'pose challenges' for the operator to meet its obligations regarding unsecured notes.

Thailand could open first casino by 2029 ahead of MGM Osaka

Amid an accelerating move towards casino legalization in Thailand, the country could see its first Entertainment Complexes (EC) by 2029, according to research by Maybank Investment Bank.

MGM gained the most market share in January

MGM China has gained the most market share in January, with its casino share increasing from 17.5 percent in December 2023 to 20 percent in January 2024, according to UBS.