HONG KONG—The Chinese unit of U.S. gambling company MGM Resorts International said it would pump almost $600 million into its Macau casino operator as the company prepares to bid for a new license in the pandemic-battered gambling enclave.
MGM China Holdings Ltd. recorded widening losses in the first half of the year due to Covid-19 outbreaks in mainland China and Macau that the company said have restricted travel to the city. Earlier this month, the Hong Kong-listed company posted a $306 million loss attributable to the owners of the company in the first six months of 2022, deeper than a year-earlier loss of $221 million.
the border of MGM should fire the people who made this decision. Because he don’t any about CCP and Xi. The industry of gambling will be erased from Macau in the future