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MCHVY News and Press, MGM China Holdings Ltd. ADR From 10/01/20

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

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MCHVY - Macau gaming revenue down 90% in September

Mark down six straight months of abysmal growth in the Macau sector due to the pandemic. Gaming revenue in Macau fell 90.0% in September to 2.21B patacas ($280M) as the pace of recovery was slower than anticipated. Analysts expected gross gaming revenue to fall about 86% during the month. Loo...

MCHVY - Macau casino revenue expected to improve during Golden Week from recent trend

SJM Holdings (SJMHF) CEO Ambrose So Shu Fai expects gross gaming revenue for Golden Week in Macau to come in about 30% to 35% of last year's level. Junket operator Suncity (SCGHF) is more cautious with an estimate that GGR will be about 20% to 30% of the level seen in 2019.Macau GGR has been ...

MCHVY - Macu revenue begins to recover slowly on improved visa issuance backdrop

Average Macau daily casino gross gaming revenue for the first six days of September was at almost double the pace seen in August, according to checks from Bernstein. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Resorts, Limited, Consumer stocks news, News on ETFs, Rea...

MCHVY - Macau revenue tumbles more than 90% for fifth straight month

Gaming revenue in Macau fell 94.5% in February to 1.33B patacas ($167M), with the relaxation of travel and visa restrictions in some regions only leading to a minor bump of traffic at the very end of the month. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Resorts, Limited...

MCHVY - Macau revenue expected to slowly improve as visa resumptions factor in

Macau traffic hasn't been dramatically impacted yet by the resumption of exit visas in Zhuhai by Chinese authorities. Daily traffic is over 7K visitors per day vs. about 5.6K visitors per day at the beginning of the month. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Reso...

MCHVY - Macau stocks on watch after new entry restriction

Authorities in Macau have tightened entry requirements for all arrivals Hong Kong by requiring all visitors provide a health certificate proving that they tested negative for COVID-19 within the last 72 hours. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Resorts, Limited,...

MCHVY - Another brutal month for Macau revenue as investors look ahead

Macau gross gaming fell by 94.5% Y/Y in July to $1.34B patacas, according to a release by the Gaming Inspection and Coordination Bureau earlier today. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Resorts, Limited, Consumer stocks news, News on ETFs, Read more ......

MCHVY - MGM China Reports 2020 First Half Results

HONG KONG , July 30, 2020 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced selected unaudited financial data of the Company and its subsidiaries (the "Group") for the second quarter and the first half of 2020. During th...

MCHVY - Slight improvement in Macau after record low revenue in June

Bernstein forecasts Macau gross gaming revenue is down 91% so far this month as tight travel restrictions restrict traffic to the casino hub. Movement of people between Macau and Hong Kong is still subject ordinarily to a 14-day quarantine period in each direction and travel from Macau to ...

MCHVY - Macau gaming revenue sets record low as quarantines limit travel

Macau gross gaming fell by 97.0% Y/Y in June to $716M patacas, according to a release by the Gaming Inspection and Coordination Bureau on Wednesday. More news on: Wynn Macau, Limited, Wynn Macau, Limited, Wynn Resorts, Limited, Consumer stocks news, Top stock market news, News on ET...

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