TheGamblest
MGM Resorts’ Asia unit is seeking $2 billion in loans to expand its Macau operations, following record-breaking revenue in 2024. MGM China, the region’s fastest-growing casino operator, posted a 27.6% revenue increase to $4.02 billion, capturing 15.8% market share, up from 10% pre-pandemic. The company has approached a dozen banks for a five-year syndicated loan [……
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MGM China expands in Macau with $2B investment plan
Ani Ghahramanyan
14:20
MGM Resorts’ Asia unit is seeking $2 billion in loans to expand its Macau operations, following record-breaking revenue in 2024. MGM China, the region’s fastest-growing casino operator, posted a 27.6% revenue increase to $4.02 billion, capturing 15.8% market share, up from 10% pre-pandemic. The company has approached a dozen banks for a five-year syndicated loan
