MCHVY News and Press, MGM China Holdings Ltd. ADR From 01/12/23

Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We are value investors. The Oakmark International Small Cap Fund returned 27.8% for the quarter ending December 31. The biggest contributors to our performance during th...

MGM RESORTS ANNOUNCES MGM GRAND PARADISE AWARDED NEW 10 YEAR GAMING CONCESSION CONTRACT PR Newswire LAS VEGAS , Dec. 19, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced that MGM Grand Paradise the concession h...

MGM China Reports 2022 Third-Quarter Results PR Newswire Participated in Public Tender of Macau Gaming Concession Full Confidence in Macau Future Development HONG KONG , Nov. 2, 2022 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or t...

Summary Macau's gaming industry has fallen on hard times due to covid and other reasons. Signs point towards relaxation of zero-covid policies in China. Macau casino stocks have most to gain from a reopening. At the same time, gambling licenses for all Macau casino operators a...

MGM China Holdings press release ( OTCPK:MCHVY ): Q2 Non-GAAP EPS of $0.03. Revenue of $3.3B (+43.5% Y/Y). Consolidated Adjusted EBITDAR of $920M and consolidated Adjusted EBITDAR margin of 28.2% in the current quarter. For further details see: MGM China Holdings...

MGM China Reports 2022 First Half Results PR Newswire To Participate in Public Tender of Macau Gaming Concession Full Confidence in Macau Future Development HONG KONG , Aug. 3, 2022 /PRNewswire/ -- MGM China Holdings Limited ("MGM ...

Macau will see more activity on August 2 when bars, restaurants, salons, gyms and entertainment venues reopen following a COVID-19 lockdown that lasted more than a month. Retail establishments will require visitors to show proof of a negative COVID test taken within the prior 72 hours i...

Gross gaming revenue in Macau fell 95% year-over-year during July to 398M patacas ($49M), according to the Gaming Inspection and Coordination Bureau. The monthly tally was slightly better than the consensus expectation for a 98% drop, but marked the worst month ever for the gambling...

Macau casinos could open their doors as soon as Saturday, according to Reuters. Citing “a source with direct knowledge of the information”, the outlet indicated that regulators are quickly working to drop its most stringent restrictions. The reopening comes just ab...

In statements to the World Economic Forum on Tuesday, Chinese premier Li Kieqang indicated China will continue to pursue reopening policies, including the resumption of international travel. According to Chinese state media, the premier that has become the face of reopening acro...