ADVFN - Advanced Financial Network.
HOME» NYSE » M » MGM Stock Price » MGM Stock News

M G M Mirage Share News

 Mgm Mirage Stock Price
MGM Stock Price
 Mgm Mirage Stock Chart
MGM Stock Chart
 Mgm Mirage Stock News
MGM Stock News
 Mgm Mirage Company Information
MGM Company Information
 Mgm Mirage Stock Trades
MGM Stock Trades

MGM China First-Half Net Profit Nearly Quintuples To HK$1.91 Billion

HONG KONG -(Dow Jones)- MGM China Holdings Ltd. (2282.HK), which is 51% owned by MGM Resorts International (MGM), on Friday said its net profit in the first half of the year nearly quintupled amid soaring gambling revenue growth in Macau. The casino operator's net profit totaled HK$1.91 billion ($245 million) for the six months ended June 30, leaping from HK$397.3 million a year earlier, the company said in a statement. Operating revenue for the period rose 95% to HK$9.86 billion from HK$5.06 billion a year earlier, MGM China added. The company didn't recommend a dividend. MGM China, a casino joint venture between MGM Resorts and tycoon Stanley Ho's daughter Pansy Ho, started trading in Hong Kong in June following an initial public offering that raised $1.6 billion and priced at the top of its indicative range, reflecting investor optimism about the booming gambling industry in Macau, the only place in China where casino gambling is legal. Gambling revenue in the territory rose 45% year-over-year in the first half of 2011. MGM Resorts last week reported second-quarter earnings which included financial information on MGM China. -By Kate O'Keeffe, Dow Jones Newswires; 852-2802-7002; kathryn.okeeffe@dowjones.com

Stock News for M G M Mirage (MGM)
DateTimeHeadline
02/10/201609:07:47Statement of Ownership (sc 13g)
02/08/201608:30:00MGM Resorts International Announces Board of Directors for MGM...
02/05/201613:00:00A Park In The Middle Of The Vegas Strip?
02/04/201616:44:52Current Report Filing (8-k)
02/01/201616:52:44Current Report Filing (8-k)
02/01/201616:30:00MGM Resorts International Announces Fourth Quarter And Full Year...
02/01/201608:30:00MGM Resorts International Subsidiary MGM National Harbor, LLC...
01/26/201612:00:00MGM Resorts Foundation's Women's Leadership Conference Celebrates...
01/26/201612:00:00Las Vegas Strip's First Park To Open April 4, 2016
01/20/201611:00:00MGM National Harbor Tops Off Magnificent Resort Casino
01/15/201617:21:12Current Report Filing (8-k)
01/14/201608:30:00MGM Resorts International Appoints Real Estate and Banking Veterans...
01/11/201613:29:00Now Open: Bellagio Introduces Harvest By Roy Ellamar
01/07/201603:01:00Introducing T-Mobile Arena in Las Vegas
12/28/201508:00:00Hyde Lounge at Las Vegas Arena To Debut In Spring 2016
12/16/201518:45:00ARIA Resort & Casino Announces Major Convention Center Expansion...
12/07/201519:20:00Vegas' Biggest Band Comes Home to Open Las Vegas' Spectacular...
12/07/201517:07:41Statement of Changes in Beneficial Ownership (4)
12/02/201515:35:00MGM National Harbor Unveils Lineup of Celebrated Chefs to Lead...
12/01/201507:00:00MGM Resorts International Honored as a Corporate Game Changer...

M G M Mirage and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad