BRIEF: MGM China raises $750 million through note issue
Casino operator MGM China Holdings Ltd. (2282.HK) said on Thursday it will issue $750 million worth of senior notes bearing an annual interest rate of 6.25%, payable semi-annually, and maturing…
Parental love gone amok? MGM China feels the pain of licensing fee hike
The Macao gaming operator’s shares plunged after being saddled with a major increase for rights to use the name of its parent, MGM Resorts Key Takeaways: MGM China said its…
Wynn Macau bets on concerts as a winning strategy
After missing the mark with its quarterly earnings, the Macao casino operator is building a big entertainment complex as an added draw for tourists Key Takeaways: Disappointing gaming results from…
Macao’s gaming fatigue takes the roar out of MGM China
Once a favorite of investment banks for its strong post-pandemic performance, MGM China’s business started to contract in the first quarter of 2025 Key Takeaways: MGM China’s revenue fell 3%…
Sands China gambles on room revamp to revive flagging profits
The Macao casino operator has reported a drop in quarterly profit but is banking on demand for its refurbished rooms during May’s Golden Week holidays Key Takeaways: Sands China’s first-quarter…
BRIEF: MGM China’s growth slows in fourth quarter
Casino operator MGM China Holdings Ltd. (2282.HK) said on Thursday its revenue rose 4% to $1 billion in the fourth quarter from $983 million a year earlier, crediting improved casino…
Lady luck looks away from Sands China
The casino operator’s revenue declined in last year’s fourth quarter as the Macao gaming sector’s post-pandemic rebound lost steam Key Takeaways: Sands China reported its revenue fell 5% year-on-year in…
