Despite poor performance at MGM Cotai, MGM China looks strong
MGM Cotai may had a weak performance, But nothing can stop boosting it's revenue for Macau casino operator, MGM China.
MGM Cotai may had a weak performance, But nothing can stop boosting it's revenue for Macau casino operator, MGM China.
MGM Cotai has officially been given the thumbs-up for its smoking lounges, according to announcement from Macau’s Health Bureau.
MGM Cotai has some of the smaller rooms in the Cotai area, and analysts think that could be a problem.
MGM Cotai seems to have been forgotten by Macau’s Health Bureau, as its still waiting for approval for its smoking loungers.
Melco Resorts and Entertainment has been given approval to expand its operations in Macau.
The Tak Chun Group has announced that it wants to move into new markets and, during the grand opening of the new Tak Chun VOP Club at the MGM Cotai.
MGM Resorts says it performed respectably in a 'challenging' Q3 but things would been a lot less respectable without contributions from new casinos.
MGM Cotai is preparing to open VIP gambling rooms this September with the help of external junket partners.
MGM Resorts sees its share price fall 9% after reporting slower business at its domestic properties, while MGM China gets boost from MGM Cotai opening.
Macau-based MGM China Holdings Ltd. has opened the doors of the $3.4 billion MGM Cotai just in time for the busy week-long Lunar New Year holiday.