MGM Resorts booked all-time hotel revenue record during Las Vegas Formula 1 weekend, says CFO

MGM Resorts has revealed that last week’s Las Vegas Formula 1 Grand Prix weekend was the highest grossing weekend for ...

Beijing’s China State Construction Engineering Corporation awarded contract to develop US$1.2 billion MGM-linked resort in Dubai

by Newsdesk

29/11/2023

Beijing-based China State Construction Engineering Corporation has been awarded the contract by local developer Wasl to build a US$1.2 billion ...

Dr Miriam Adelson pens heartfelt tribute to husband Mr Sheldon Adelson on his passing

Dr Miriam Adelson to sell 10% of Las Vegas Sands stake to fund acquisition of US sports franchise

by Ben Blaschke

29/11/2023

Dr Miriam Adelson, the majority shareholder of global gaming giant Las Vegas Sands Corp, is planning to sell US$2 billion ...

Macau hotel occupancy rate more subdued in January

Macau hotel occupancy rate hits 82.8% in October, led by 5-star hotels

by Ben Blaschke

29/11/2023

The average occupancy rate of Macau’s hotel rooms grew by 41.1 percentage points year-on-year to reach 82.8% in October, also ...

Emperor Group to target Macau’s premium mass market after 2019 revenue decline

Emperor E back to profit on more than 700% increase in gaming revenue at Macau’s Grand Emperor Hotel

by Newsdesk

29/11/2023

Hong Kong-listed hotel and satellite casino operator Emperor Entertainment Hotel Ltd has reported a 243% year-on-year increase in group-wide revenues ...

Year: 2023