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MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: CNN
Shares in MGM China plunged 10%, while Wynn Macau lost 7.8% and Sands China fell 5.3% as investors fretted about the near-term potential loss of business as well as the longer-term implications of the watershed hardline stance being taken towards the sector by authorities in Macao and mainland China. Alvin Chau, the founder of Suncity — a junket operator that brings in high rollers to play at casinos, extending them credit and collecting on their debts — as well as the CEO of gambling sector investment firm Suncity Group Holdings, was among those arrested, Macao broadcaster TDM reported. Macao authorities have previously said police were questioning a 47-year-old businessman surnamed Chau, without elaborating on his identity. On Friday authorities in Wenzhou, a city in eastern China, issued an arrest warrant for Alvin Chau, accusing him of operating gambling activities in mainland China where gambling is illegal. "Suncity accounts for over 50% of junket revenue (in Maca
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MGM
News
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- Paralyzed Veterans of America to honor former Senator Elizabeth Dole with 2024 Gordon H. Mansfield Congressional Leadership Award at PVA Gala [Yahoo! Finance]Yahoo! Finance
- Andrew Cardno Leads a Seminar at IGA: Unraveling the Impact of Recent Cyber Attacks on Indian Gaming [Yahoo! Finance]Yahoo! Finance
- MGM Resorts rallies after Mizuho says shares are undervalued [Seeking Alpha]Seeking Alpha
- MGM Resorts International (NYSE: MGM) is now covered by analysts at Mizuho. They set a "buy" rating and a $61.00 price target on the stock.MarketBeat
MGM
Earnings
- 2/13/24 - Beat
MGM
Sec Filings
- 3/27/24 - Form 424B2
- 3/25/24 - Form FWP
- 3/25/24 - Form 424B5
- MGM's page on the SEC website