The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

MGM China Q1 revenue falls 25%; casino may miss opening deadline

Published Fri, May 6, 2016 · 09:50 PM
Share this article.

Tokyo

MGM China Holdings reported on Thursday its revenue fell 25 per cent in the first quarter and said the planned opening of its new casino in Macau's Cotai area may be delayed beyond the last target of the end of the first quarter next year.

MGM China revenue dropped to HK$3.6 billion (S$630.4 million), the company said. The pace of decline slowed from the previous quarter's 31 per cent year-on-year plunge.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Consumer & Healthcare

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here