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Goldman Sachs Downgrades MGM Resorts to Sell Over Cash Flow and Debt Concerns

Goldman Sachs rates MGM Resorts a Sell over debt and cash flow issues, despite Macau gains. Tough times ahead?

MGM Macau launches a playing card recycling program with Fnetlink

MGM Macau launches a playing card recycling program with Fnetlink, aiming to save 3,000 tonnes of waste yearly using a water-free system

MGM continues to buy back shares as BetMGM income increase.

MGM Resorts International (NYSE: MGM) reported third-quarter earnings today, emphasizing its continuous share repurchase program and revenue growth at its BetMGM segment. The Bellagio operator...

MGM Cotai converts 160 rooms to about 60 suites: Feng

MGM Cotai converts 160 rooms into suites. Macau casino operator MGM China Holdings Ltd plans to turn 160 regular rooms into "about 60 suites,"...

UAE Grants First Casino License to Wynn Resorts for Al Marjan Island

This is history in the making! Wynn Resorts secure the first-ever commercial casino gaming license (land-based) in the United Arab Emirates on October 4th,...

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