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MGM China CEO sees appeal of Cotai resort offsetting delayed opening

2018-02-14 scmp
Grant Bowie says the new resort complements MGM’s existing Macau property, allowing the company to cater to the full range of travellers (5-0)

Macau faces major challenges if China casino monopoly ends

2018-02-05 bworldonline
HONG KONG — A plan to allow gambling on the Chinese island of Hainan and pave the way for casinos less than 300 miles (480 kilometers) from Macau could pose a challenge to the $33-billion industry fueling revenue for Las Vegas Sands Corp. and Wynn Resorts Ltd. (15-0)

China said to mull legal gambling on Hainan

2018-02-04 theage.com.au
​China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China's territories and transform the economy of a strategic southern province. (1-0)

China said to mull legal gambling on Hainan

2018-02-04 smh.com.au
​China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China's territories and transform the economy of a strategic southern province. (1-0)

Top Challenges Facing Macau If China Casino Monopoly Ends - Bloomberg

2018-02-02 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (8-0)

Lucky for Wynn, What Happens in Macau Stays in Macau - Bloomberg

2018-01-29 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (3-0)

MGM China delays opening of $3.4 billion Cotai casino resort for fourth time

2018-01-25 cnbc
MGM China Holdings, one of Macau's six major casino operators, has delayed for a fourth time the opening of its much anticipated $3.4 billion new resort, MGM Cotai, saying it was still going through an administrative approval process.

MGM China delays opening of US$3.4 billion Cotai casino resort for fourth time

2018-01-25 scmp
Company says it is still going through an administrative approval process, and expects the report to open in February

MGM Resorts International Stock Is Well Positioned to Roar Again

2018-01-09 investorplace
MGM Resorts International (NYSE:MGM) continues its climb from years of massive losses. Moreover, MGM is about to increase its presence in the Chinese gaming mecca of Macau with the opening of a new casino later this year. While MGM has had to play catch up regarding a Chinese presence, the company’s move to catch up may position MGM stock for continued growth. (8-0)

Macau casinos post first annual revenue gain in 3 years

2018-01-01 in.reuters
Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters’ appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth.

Macau casinos post first annual revenue gain in 3 years - Channel NewsAsia

2018-01-01 channelnewsasia
Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters' appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth.

Macau casinos post first annual revenue gain in 3 years

2018-01-01 reuters
Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters’ appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth.

Macau casino profit may surge to pre-crackdown high

2017-12-20 thestar.com.my
Record earnings: A file picture showing pedestrians walking in front of a casino in Macau. Analysts estimate Macau casino industry’s earnings could again start approaching records next year. — Bloomberg (9-0)

UPDATE 1-Macau casino revenue rises 23 pct on year in November

2017-12-01 reuters
Dec 1 - Casinos in the world’s biggest gambling hub of Macau posted a 22.6 percent revenue jump in November from a year earlier, marking the sixteenth consecutive month of growth, government data showed on Friday.

While Macau loses its lustre, a Cambodian casino bets on Chinese tourists to hit jackpot

2017-11-18 scmp
Hong Kong-listed NagaCorp is counting on Chinese tourists to boost gaming revenue at its Cambodian casino, as the country targets 2 million Chinese visitors by 2020 (1-0)