Архіви: MGM Китай
Китай – MGM підтверджує свою відданість Макао та бачить 2021 рік як рік зростання
Незважаючи на наслідки спаду подорожей через пандемію та обіцянки величезних інвестицій у Японію, MGM China підтвердила, що налаштована на Макао та витрачатиме більше грошей на наявні там об’єкти, щоб сприяти відновленню зростання обох закладів. Коментуючи річний звіт MGM China за 2020 рік, MGM…
Китай – доходи MGM China впали на 78 відсотків порівняно з 2020 роком
With Macau still under the ‘severe impact of the COVID-19 pandemic,’ MGM China saw revenue down by 78 per cent for the year to approximately HK$5.1bn. The Group had a negative adjusted EBITDA of approximately HK$1.4bn. Total visitation to Macau in 2020 was 5.9m, compared to 39.4m in 2019. Overall hotel occupancy in Macau was…
China – MGM China has ‘no plans of restructuring’ in Macau
MGM Resorts has signalled its ‘commitment’ to Macau following a request from its biggest shareholder to sell 20 per cent of MGM China’s shares, but has stated it has no intention of selling shares to meet demands to diversify. MGM stated: “The board of directors of the company is aware of an open letter issued…
Китай – MGM China бачить зростання в Макао на 42 відсотки з кварталу в квартал
With the Macau gaming market still under the severe impact of COVID-19 pandemic in the third quarter of the year, MGM China continued to experience low visitation levels primarily driven by various travel restrictions and quarantine measures for the three months and nine months ended September 30, 2020. During the third quarter of the year,…
Китай – Fitch прогнозує 19-відсоткове падіння доходу MGM у 4 кварталі
Fitch ratings agency has given MGM China and MGM International’s US$750m public offering a negative outlook, reflecting the ‘risks and uncertainty the global gaming industry is facing from the pandemic,’ adding that it believes revenues at MGM’s Macau casinos will be 19 per cent down year-on-year. MGM intends to use the net proceeds from the…
Китай – MGM «заохочує побачити скасування карантинних заходів», оскільки доходи в першому півріччі впали на 77 відсотків
During the first half of the year, MGM China recorded total revenue of approximately HK$2.4bn. The group saw a negative adjusted EBITDA of approximately HK$1bn. Overall occupancy rate was 19.8 per cent. The results were severely impacted by the COVID-19 pandemic with MGM saying it continues to be impacted today. China has implemented temporary suspension…
China – MGM China secures US$302m of revolving credit
MGM China has agreed to new finance deals with with its lenders giving it a revolving credit facility of US$302m with an option to increase to US$503m on certain conditions. MGM said: “On May 26, 2020, the Company entered into agreements with certain lenders pursuant to which the lenders agreed to make available to the…
China – MGM China falls 63 per cent in first quarter
The COVID-19 casino closures in Macau forced a 63 per cent dip in revenues on operator MGM China Holdings with the company’s MGM Cotai and MGM Macau reporting net revenues of US$272m for the three months to March 31 2020. In the first quarter, MGM China saw an adjusted negative EBITDA of HK$0.1bn with overall…
Китай – MGM China залучає додаткові кредити, оскільки доходи впали на 63 відсотки
MGM China saw its first quarter revenue fall by 63 per cent year-on-year to US$272m (MOP2.1bn). The company said said its Macau casinos were incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of around US$1.5m per day. The operator stated: “We compete with a large number…
