Former Chief Operating Officer-Gaming of MGM China, John Shigley, explains the reasoning used by large gaming companies in seeking refinancing and why regular borrowing can make good business sense.
Shigley was special guest of GAME – Inside Asian Gaming’s online interactive business insights platform for the Asian gaming industry – on Tuesday where he gave his take on reading financial accounts published by integrated resort operators, and demystified and explained concepts such as dividend policies, liquidity, access to capital, debt restructuring, interpreting balance sheets and more.
The full video of GAME4 will be made available exclusively to GAME members. GAME5 will be held on Tuesday 7 July. To become a GAME member for free, visit www.iaggame.com.
