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MCHVY News and Press, MGM China Holdings Ltd. ADR From 08/01/23

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Company Name: MGM China Holdings Ltd. ADR
Stock Symbol: MCHVY
Market: OTC

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MCHVY - Macau casino revenue soars in July to highest level since pandemic

2023-08-01 06:53:52 ET The Macau Gaming Inspection and Coordination Bureau reported gross gaming revenue in the gambling region rose 4,086% year-over-year in July to $16.6B patacas ($2.07B) against a soft comparable to last year when travel restrictions were in place for several weeks. The ...

MCHVY - Macau casinos post strong growth in May as the post-pandemic turnaround picks up

2023-06-01 08:20:15 ET Macau casinos generated gross gaming revenue of 15.57B patacas ($1.93B) to mark growth of 366% year-over-year from a year ago and set a new post-pandemic high. The May GGR tally was up about 5.7% from the April total. For the first five months of 2023 combined, Ma...

MCHVY - MGM China Reports 2023 First Quarter Financial Data

MGM China Reports 2023 First Quarter Financial Data PR Newswire Market Share Record High of 15.4% Mass GGR New High Reached 107% of 2019 First Quarter HONG KONG , May 1, 2023 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Com...

MCHVY - Macau casino revenue soars to post-pandemic high in April

2023-05-01 06:30:06 ET Gross gaming revenue in Macau soared 450% year-over-year in April to 14.72B patacas ($1.82B) to smash the consensus estimate of analysts. The GGR tally was up 15.6% from the level seen in March and was the highest since before the pandemic first starting having an eff...

MCHVY - Macau casino revenue continues to improve in April

2023-04-24 11:21:32 ET Macau casino trends continue to improve as the industry's recovery takes another step forward. Jefferies estimated Macau daily revenue for the week ending April 23 sequentially improved to 464M patacas per day from 417M patacas day the prior week. Analyst David Katz p...

MCHVY - Oakmark International Small Cap Fund: Q1 2023 Commentary

2023-04-13 03:00:00 ET Summary We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by...

MCHVY - Macau casino stocks rally after gaming revenue hits post-pandemic high

2023-04-03 07:08:20 ET Gross gaming revenue in Macau surged 246.9% year-over-year in March to 12.7B patacas ($1.58B) to top the consensus expectation for a rise of 205%. The gaming revenue tally was the highest for the Macau region since January of 2020, just before pandemic lockdowns began...

MCHVY - Macau gaming revenue rose 33% in February to top $1B again

Gross gaming revenue in Macau increased 33% year-over-year in February to 10.3B patacas ($1.3B) to edge past the consensus estimate of analysts. The GGR tally was down 10.8% from the level seen in January, with the timing of the Chinese New Year holiday period a factor in the comparison between t...

MCHVY - MGM China Reports 2022 Annual Results

MGM China Reports 2022 Annual Results PR Newswire Solid Market Share Gain Awarded 10-Year Macau Gaming Concession Contract Positioned for Market Recovery HONG KONG , Feb. 8, 2023 /PRNewswire/ -- MGM China Holdings Limited ("MGM China"...

MCHVY - Oakmark International Small Cap Fund: Fourth Quarter 2022 Commentary

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...

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