Thursday, June 8, 2023

Tag: JP Morgan

MGM sells Springfield casino to MGM Growth Properties

MGM Springfield MGM Growth
MGM Resorts International is selling the real estate assets of MGM Springfield in Massachusetts to the company’s real estate investment trust in a $400m transaction.

Macau’s 18 percent growth still can’t please everyone

Casino Review - Macau 18 percent growth
Macau’s GGY rose by a full 18 percent in February alone, driven by both mass market and VIP players. Market sentiment is significantly more sanguine, yet the skeptics are as ever ready to remind of us of more cautionary considerations.   In its first real mass market test since Macau returned to growth, the Chinese New Year helped push gaming revenue...