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