2025.11.02
encore casino appLooking to shore up its balance sheet as Macau visits and revenue remain in the dumps, MGM China said it gained access to a new 3 million credit facility.However, strict travel restrictions between the gaming hub, Hong Kong, and mainland China remain in place, presenting a major roadblock to concessionaires’ recovery efforts.on Thursday.valley forge casino tavernBut there’s a clause in the filing that indicates MGM China could be forced to prepay the aforementioned revolver.(Image: CNBC)The operator of the MGM Cotai and MGM Macau said it’s initially drawing 1.The case count in the Special Administrative Region (SAR) has been steady at 45 for weeks, and there are no reported deaths there.hard rock casino kenosha poker casino lac leamyturtle creek casino map625 percent to 2.81 million on the revolver, but it can later be upsized to 3 million.Guests are strongly encouraged to wear protective face gear, too.big fish casino itunes75 billion senior unsecured revolving credit facility has been fully drawn),” according to a filing from the operator.81 million on the revolver, but it can later be upsized to 3 million.But the Aria operator also isn’t shy about mentioning the Macau unit as among its remaining assets it could use to bolster its own cash position.river spirit casino willie nelson table games las vegas casinosblack hawk casino lodgingSocial distancing will be observed throughout the three casino resorts.Analysts view MGM selling its China business outright as unlikely.Mainland China, Hong Kong and Taiwan combine for about nine of every 10 visits to the gaming hub.Last month, it was reported the gaming company had 7 million in cash and could access credit lines up to 0 million – enough for it to survive 15 months in an extended low- or no-revenue environment.Data confirms some VIPs remained devoted to Macau amid the pandemic, but not enough to prop up sagging visitation and gross gaming revenue (GGR) figures.But the Aria operator also isn’t shy about mentioning the Macau unit as among its remaining assets it could use to bolster its own cash position.tachi palace hotel and casino in california mgm grand casino directions |