{"id":133450,"date":"2020-04-19T04:30:59","date_gmt":"2020-04-19T11:30:59","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=133450"},"modified":"2020-04-19T12:07:03","modified_gmt":"2020-04-19T19:07:03","slug":"mgm-china-has-cash-to-survive-15-months-if-another-shutdown-occurs","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mgm-china-has-cash-to-survive-15-months-if-another-shutdown-occurs\/","title":{"rendered":"MGM China Has Resources to Last 15 Months, Don’t Bet on Parent Selling Stake, Say Analysts"},"content":{"rendered":"
MGM China, the Macau gaming business majority owned by MGM Resorts International (NYSE:MGM), has the financial resources to survive up to 15 months if scant visitation to the Special Administrative Region (SAR) lingers. But don’t bet on the parent company selling its stake in the business to shore up its own balance sheet, say analysts.<\/p>\n