Galaxy, MGM Are Said to Explore Opening Casinos in Thailand [BNN Bloomberg (Canada)]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: BNN Bloomberg
Galaxy Entertainment Group Ltd. and MGM Resorts International are studying the potential of opening casino resorts in the country, according to the people, who asked not to be identified because the matter is private. Galaxy, the gaming, retail and hospitality group controlled by billionaire Lui Che-woo, is also exploring starting gaming operations in the United Arab Emirates, some of the people said. A representative for Galaxy didn't comment on its plans. MGM didn't immediately respond to a request for comment sent outside of business hours. The early efforts to enter new markets reflect casino operators' anxiety over a deteriorating outlook for Macau, which once pulled in six times the gaming revenue of Las Vegas and delivered historically high returns. China wants the enclave to shift away from gambling toward entertainment and has cracked down on high-rollers it suspects of money-laundering while imposing heightened scrutiny on gaming activities. Read more: Macau Faces Bei
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MGM
Earnings
- 2/13/24 - Beat
MGM
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/9/24 - Form 8-K
- 4/3/24 - Form 4
- MGM's page on the SEC website