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This was purportedly accompanied by a 2 million loss in adjusted property earnings before iblazing x slot machinenterest, tax, depreciation, amortisation and restructuring or rental costs to bring its overall deficit for the three-month period to 7 million., was granted a permanent casino service industry enterprise license (CSIE) for the New Jersey market.8 million in run-rate operating outlay as its adjusted property earnings before interest, tax, depreciation, amortisation and restructuring or rental costs came is at a deficit of 6 million....

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”CEO Brown said…“We are delighted to receive the CSIE license after a long and comprehensive process.Parental plunge:Inside Asian Gaming reported that Las Vegas-headquartered MGM Resorts International owns just short of 56% of MGM China Holdings Limited while this firm’s own second-quarter financial results revealed a 91% year-on-year decrease in net revenues to a mere 0 million....

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Testing times:Bill Hornbuckle was this week officially named as the new President and Chief Executive Officer for MGM Resorts International and he reportedly proclaimed that the ‘near-term operating environment’ for his firm is certain to ‘remain challenging and unpredictable’ due to the ongoing impact of coronavirus.The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its second-quarter financial results showing that its net revenues tumbled by 95% year-on-year to just . As such, we remain excited about our integrated resort opportunity in Osaka, expanding our footprint in Macau and positioning BetMGM as a leading player in the United States’ sportsbetting and iGaming markets....

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Escalating obligation:MGM China Holdings Limited moreover reportedly announced that its average monthly cash outflow for the three-month period was .According to a report from Inside Asian Gaming, business at the operator’s two venues in Macau has been severely damaged by the recent imposition of local coronavirus-related travel restrictions with the firm admitting that visitation hit ‘near zero’ for the three months to the end of June. The source also detailed comparable downturns across every market segment with the company’s turnover from VIP table games having crashed by 96% year-on-year to just 0 million alongside an even more steep 97% decline from its mass-market compatriots to million....