2282.HK - MGM China Holdings Limited

HKSE - HKSE Delayed Price. Currency in HKD
21.850
-0.200 (-0.907%)
At close: 4:08PM HKT
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Previous close22.050
Open21.850
Bid0.000 x 0
Ask0.000 x 0
Day's range21.600 - 22.000
52-week range15.120 - 25.500
Volume1,981,915
Avg. volume9,463,776
Market cap83.03B
Beta0.96
PE ratio (TTM)35.76
EPS (TTM)0.611
Earnings date14 Feb 2018 - 19 Feb 2018
Forward dividend & yield0.28 (1.36%)
Ex-dividend dateN/A
1y target est24.20
  • Breaking Down MGM Resorts' Fourth-Quarter Results
    Bloomberg Video2 months ago

    Breaking Down MGM Resorts' Fourth-Quarter Results

    Feb.20 -- Bloomberg Intelligence's Margaret Huang discusses MGM Resorts' fourth-quarter results and new Cotai resort on "Bloomberg Daybreak: Asia."

  • MGM Opens New $3.4 Billion Cotai Resort
    Bloomberg Video2 months ago

    MGM Opens New $3.4 Billion Cotai Resort

    Feb.12 -- MGM is among the last of the operators to develop on the family-friendly Cotai strip in Macau. MGM China CEO and Executive Director Grant Bowie speaks on "Bloomberg Daybreak: Asia." (Corrects the total cost of the resort in the headline.)

  • PR Newswire14 hours ago

    The MGM Resorts Foundation Awards $30,000 In Grants to Local Nonprofits That Aid Human Trafficking Victims

    LAS VEGAS, April 25, 2018 /PRNewswire/ -- The MGM Resorts Foundation (the "Foundation") recently donated the proceeds from its popular Annual Women's Leadership Conference held in 2017 to three local nonprofit organizations dedicated to helping those affected by human trafficking in our Las Vegas community: The Embracing Project/The Center 4 Peace, SEEDS of Hope and The Rape Crisis Center. The funds came from proceeds after costs from the 2017 Women's Leadership Conference (WLC), a Foundation signature event.

  • Reuters6 days ago

    In Vietnam, a mega casino rises with the help of a Macau junket company

    Along a three-kilometre (2-mile) stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and rubble where the country's biggest casino is set to open next year. Driving the project is Suncity Group Holdings Ltd, which has made billions luring high-rollers – mainly from China - to the baccarat tables in the Chinese territory of Macau. Vietnam is betting big on developing a gambling industry, targeting the Chinese tourists who have been flocking to the country in recent years.

  • Reuters25 days ago

    Macau casinos post 22 percent revenue gain in March

    HONG KONG, April 1 (Reuters) - Gambling revenue in the Chinese territory of Macau posted a 22 percent gain for the month of March, due to sustained demand for gambling in the country's only legal casino ...

  • Reuterslast month

    Steve Wynn sells stake in company he founded, Macau casino Galaxy buys in

    Steve Wynn, the former chief executive of Wynn Resorts Ltd, has disposed his entire 11.8 percent stake in the firm for $2.1 billion in a dramatic exit of the casino and hotel enterprise he founded over 16 years ago. In an unexpected separate move, Macau casino operator Galaxy Entertainment said it has agreed to buy 5.3 million primary shares of Wynn Resorts at $175 per share, giving them around a 5 percent stake in the operator which has resorts in Las Vegas and Macau.

  • Reuters2 months ago

    Macau move to curtail foreign judges sparks concerns over China's growing control

    Macau has finished drafting a proposed new law barring foreign judges from hearing national security and defense cases, an unprecedented move that has heightened concerns over Beijing's grip over the gambling hub. The proposed draft law, announced in February by Sonia Chan, the enclave's mainland-China born justice secretary, has been completed, Macau's Legal Affairs Bureau said in an email to Reuters. The draft law is part of suggested amendments to Macau's Judicial Framework Law that was implemented in 1999 when the former Portuguese colony reverted to Chinese rule.

  • Reuters2 months ago

    Macau casino revenue growth falls short of expectations in Feb

    (Adds visitor numbers, analyst estimates, industry background) HONG KONG, March 1 (REUTERS) - Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected ...

  • Reuters2 months ago

    Macau casino revenue rises 5.7 pct in Feb

    HONG KONG, March 1 (REUTERS) - - Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected for the big-spending holiday period but still the 19th ...

  • Reuters2 months ago

    Trial of Macau lawmaker fuels new wave of activism in casino hub

    A trial involving Macau's youngest lawmaker is pitting a vocal younger generation of activists pushing for greater government transparency against the territory's political and business elites. Lawmaker Sulu Sou, 26, is facing charges of aggravated disobedience during a protest against perceived conflict of interest by the Chinese-controlled territory's leader, Fernando Chui. The case has drawn parallels between Sou and democracy activists like Joshua Wong in neighbouring Hong Kong.

  • PR Newswire2 months ago

    MGM China Reports 2017 Annual Results

    Main Floor Business Contributed Over 80% of Profit Sequential Growth Outperformed Market HONG KONG , Feb. 20, 2018 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; ...

  • PR Newswire2 months ago

    MGM China Reports 2017 Annual Results

    Main Floor Business Contributed Over 80% of Profit Sequential Growth Outperformed Market HONG KONG , Feb. 20, 2018 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; ...

  • Reuters2 months ago

    MGM Resorts opens $3.4 bln casino in Macau as revenues boom

    MGM Resorts opened its $3.4 billion casino resort in the Chinese-controlled territory of Macau on Tuesday, just days ahead of the Lunar New Year holiday, hoping to ride a boom in business in the world's biggest gaming hub. MGM Cotai, which will more than triple the number of MGM's hotel rooms in the former Portuguese colony to 1,972, marks a major expansion in non-gaming attractions amid uncertainty over the renewal process of its casino license that expires in two years. The new resort, MGM's second and the biggest investment in Macau, boasts a 2,000-seat theatre and artwork including 28 carpets from the Qing dynasty as well as a four-storey atrium garden space that features digital art.

  • Reuters3 months ago

    China considering allowing gambling in Hainan -Bloomberg

    China is drafting a proposal to allow gambling on its southern resort island of Hainan, Bloomberg reported on Friday, a move that would allow betting on the mainland for the first time, sending shares of Hong Kong-listed casinos plunging. Government agencies are said to be considering online gaming, sports betting or a lottery on Hainan, Bloomberg reported, citing people familiar with the talks. The proposal, which is still at an early stage, could open the door to physical casinos over the long term, Bloomberg said.

  • Reuters3 months ago

    UPDATE 1-Macau Jan casino revenue storms past expectations with 36 pct jump

    Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent year-on-year in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play in the country's only legal casino hub also drove up business. In 2017, the former Portuguese colony posted its first annual revenue gain in three years. January's haul of 26.3 billion patacas ($3.27 billion) was the highest figure in the past year bar the month of October which had the week-long Chinese holiday, data from Macau's Gaming Inspection and Coordination bureau showed on Thursday.

  • Reuters3 months ago

    Macau casinos post 36.4 pct jump in January gambling revenue

    Hong Kong, Feb 1 (Reuters) - Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play ...

  • Reuters3 months ago

    Macau regulator says met with Wynn execs over sexual harassment claims

    Macau's gaming regulator met with representatives of U.S. mogul Steve Wynn in the Chinese controlled territory over claims in a newspaper report that he routinely subjected women who worked for him to unwanted sexual advances. Wynn has denied the accusations published by the Wall Street Journal as "preposterous" and said they were instigated by his ex-wife to seek advantage in their divorce lawsuit. Shares of Wynn Macau continued to fall on Tuesday, sliding 7 percent.

  • Reuters3 months ago

    BRIEF-Mgm China Holdings Now Expects Public Opening Date Of Mgm Cotai Within Month Of Feb 2018

    Jan 25 (Reuters) - Mgm China Holdings Ltd: * NOW EXPECTED PUBLIC OPENING DATE OF MGM COTAI WILL BE WITHIN MONTH OF FEBRUARY 2018 * ‍OVERALL BUDGET OF MGM COTAI EXPECTED TO REMAIN UNCHANGED AT APPROXIMATELY ...

  • Reuters3 months ago

    Casino mogul Steve Wynn confident on Macau concession extension

    U.S. casino magnate Steve Wynn, head of the eponymous Wynn Resorts, said he was confident his casino business in the world's largest gambling hub of Macau would continue after casino contracts start to expire by 2020. The Chinese-controlled territory has been a goldmine for Wynn, generating more than 75 percent of its total revenues through subsidiary Wynn Macau. The expiry of casino licences in the former Portuguese colony has been a critical issue for operators, such as Sands China, MGM China and SJM Holdings, with the first round of licences due to expire in two years.

  • Reuters3 months ago

    Macau police hunt VIP dealer after $6 mln theft from Wynn

    Police in the world's largest gambling hub of Macau are hunting for a dealer suspected of stealing HK$48 million ($6 million) worth of casino chips from Wynn Macau, authorities in the Chinese-controlled territory said on Thursday. Casino thefts in the former Portuguese colony of Macau, which rakes in gambling revenue more than five times that of the Las Vegas strip, are rare, with the majority of cases typically involving employees. Wynn confirmed to Reuters in an email that the matter was being handled by the police.

  • Reuters3 months ago

    Big brands from banks to casinos unite to fight slavery in Asia

    From hotel chains to clothing brands, a group of companies in Asia is hoping that a corporate-backed movement to end modern slavery will succeed where activists have failed. The casino and hotel giant MGM China Holdings Ltd. recently signed the "business pledge against modern slavery", an initiative of the Hong Kong-based non-profit, the Mekong Club. "We believe by taking a public stance we may also contribute to encouraging others to join the fight," said Grant Bowie, MGM's CEO.

  • PR Newswire4 months ago

    MGM China Announces Opening Events for MGM COTAI

    MGM COTAI is an approximately HK$27 billion integrated resort which will redefine the way people experience art and entertainment through innovative technology. Set to become the most innovative integrated resort in the world, MGM COTAI brings first-of-its-kind entertainment experiences through the Spectacle and MGM Theater, Asia's first dynamic theater with resident shows. It is also home to a unique art collection of over 300 pieces of contemporary art.

  • PR Newswire4 months ago

    MGM China Announces Opening Events for MGM COTAI

    MGM COTAI is an approximately HK$27 billion integrated resort which will redefine the way people experience art and entertainment through innovative technology. Set to become the most innovative integrated resort in the world, MGM COTAI brings first-of-its-kind entertainment experiences through the Spectacle and MGM Theater, Asia's first dynamic theater with resident shows. It is also home to a unique art collection of over 300 pieces of contemporary art.

  • Reuters5 months ago

    Macau suspends pro-democracy lawmaker as critics protest

    Macau has suspended a pro-democracy lawmaker for alleged "disobedience" after he took to the street instead of staying on a sidewalk during a protest, as activists warn suppression of civil rights is growing in the China-ruled gambling hub. The suspension of the lawmaker is the first since 1999, when the former Portuguese colony returned to China within a "one country, two systems" framework that allows a free press and an independent judiciary, liberties denied on the mainland. "It's a dark day for Macau," said Jose Coutinho, one of four legislators who voted against the suspension in Monday's secret ballot, which drew 28 votes in favour.

  • PR Newswire5 months ago

    MGM MACAU Receives Global Recognition for its Efforts to Fight Human Trafficking

    MGM MACAU was identified for its best practices and continued leadership in combating human trafficking across the globe. "We are very proud of the selection of our MGM MACAU Affiliate as a global finalist in the movement to combat human trafficking and modern day slavery. "Respect for human dignity and human rights is fundamental to our hospitality and entertainment mission, and our dedication to ethical business conduct.