Tag Archives: MGM China Holdings
- MGM to renovate MGM Macau; receives waiver to demolish old Zanetti school in Springfield
February 20, 2015
A few hours after MGM China Holdings Ltd. posted its Q4 and full year revenue results for 2014, the company announced its plan to invest $100m this year to renovate its MGM Macau Hotel and casino. MGM Chief Executive Grant Bowie said that the investment for the refurbishment of its...
- Macau daily news roundup
April 3, 2012
A new report has praised the gaming industry in Macau stating that it will “remain unrivaled for the foreseeable future”. Macau Daily News carries the quotes from HVS, a global consulting and services organization focused on the gaming and leisure industry. The strength of the industry has meant visitor numbers...
- Macau gambling market predicted to soar to $50b by 2017; Wynn resorts ranked second most admired company
March 6, 2012
Macau’s gambling market could reach an astonishing $50 billion by 2017, that’s if chairman of MGM China Holdings, Jim Murren’s predictions come true. If his projections are right, that would represent an average yearly growth of 7%, meaning a sharp slowdown in the industry’s current growth rate. As reported by...
- PokerStars Macau ceases operation of Macau Millions tournament
February 6, 2012
PokerStars Macau has announced that it will cease the operation of its events and tournaments at the Casino Grand Lisboa next month, leading to a postponement of its Macau Millions tournament indefinitely. PokerStars didn’t reveal any information regarding the reasons for not renewing the agreement with Grand Lisboa, part of...