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...MGM Resorts International Q4, Moody’s Q4, Principal Financial Group Q4, Randstad Q4, Shopify Q4, Tui Q1 & AGM, Ultimate Products trading update Wednesday EU: preliminary Q4 GDP and employment change estimate...
...Hong Kong-listed MGM China’s stock has jumped 114 per cent over the past six months, while US-listed Melco Resorts climbed by 144 per cent, and its Hong Kong-listed parent company, Melco International, rose...
...in attracting an international audience by making Macau a global tourism destination....
...In the void, NetEase launched Eggy Party, which it is now plotting to release to the global gaming market....
...Pinsent Masons O: 7; L: 7; I: 7; Total: 21The firm acted for China State Construction International as part of its consultancy work for the Qianhai Board, a Chinese governmental body, in the development...
...Point Software Q1, ON Semiconductor Q1, Logitech Q4, Loews Q1, MGM Resorts Q1, Tuesday Australia, Reserve Bank of Australia monetary policy rate-setting meeting Eurozone, France, Germany, Italy, Spain...
...Resorts International in lieu of Pasricha and Ennismore....
...By bringing in other global players and investors, it also allows for the mobilisation of new money that can be used for a wide range of development goals....
...He says new developments will be at best a bonus but he discounts CCS (carbon capture and storage) playing a major part....
...Elliott’s deal partner Brookfield itself agreed in April to take CDK Global private for $8.3bn....
...Are they making a meaningful gesture or opportunistically leveraging a global catastrophe for a PR opportunity?...
...As a rising tide lifts all boats, everyone will get a fair share from development, and development gains will benefit all our people in a more substantial and equitable way.”...
...On Monday MGM Resorts International announced it was paying $1.6bn to take over operations at the 3,000-room hotel overlooking the Las Vegas Strip....
...The asset was a crucial piece of collateral in a planned deal with Evergrande’s international bondholders, according to sources....
...The Ladbrokes owner confirmed it had received an £8bn takeover proposal from its US joint venture partner MGM Resorts but said the “offer significantly undervalues the company and its prospects”....
...The chief executive of Entain, the UK gambling company being pursued by MGM Resorts, is quitting the role after less than seven months....
...Gaming Association....
...The news had a knock-on impact on shares in many of the groups’ US parents, including MGM Resorts International and Las Vegas Sands....
...Panicos Demetriades: Most forecasters predict that the worst will be over by the end of 2023, but that largely depends on the global developments in 2023....
...More recently Apollo acquired the operations of Las Vegas Sands marquee resort and casino The Venetian for $2.25bn, the Great Canadian Gaming for $2.5bn and the Italian sports-betting group Gamenet....
...Gaming industry veteran and former Facebook executive Mike Verdu has joined Netflix as vice-president of game development....
...This is the marketing pitch for Crown Sydney, the A$2.2bn development from Crown Resorts that is due to open this year in the middle of a global pandemic and the worst economic crash in almost a century....
...“While my positive feelings for Japan are undiminished,” he said, “the framework around the development of an IR [integrated resort] has made our goals there unreachable.”...
...Shay Segev is quitting as chief executive of Entain, the UK gambling group, after less than seven months amid a takeover battle with MGM Resorts....
...He was previously a senior vice-president in the office of strategic initiatives at the US International Development Finance Corporation (DFC)....
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