MGM China Plans Expansion of MGM Cotai with New Hotel Rooms and Wellness Services

MGM China Holdings Ltd, a majority-owned subsidiary of MGM Resorts International and the Macau-based casino operator, is actively pursuing expansion plans for its flagship property, MGM Cotai. The company has b...

Melco International Records a Loss of HK$1.74 Billion in 2023, Narrowed from $5.11 Billion

Macau’s concessionaire Melco Resorts & Entertainment’s parent company, Melco International Development Ltd, reportedly lost HK$1,74 billion (US$222 million) in 2023. The loss is attributable to the owners. ...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...
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MGM China Invests MOP$15 Billion in New MICE and Arts Spaces in Macau and Cotai

MGM Macau and MGM Cotai, MGM China’s Macau resorts, are getting the new MICE and art space. MGM China is owned by the global industry giant MGM Resorts International, which is based in the U.S. An advanced, ...