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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 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 .New Jersey license:Just two days prior to the latest tie-up new, GiG announced that its subsidiary, iGaming Cloud Inc....
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The company began operation with the state more than two years ago after receiving a provisional license from the state regulator in June 2018, which GiG used to support Hard Rock International‘s casino operations pending final approval.1 million encompassing approximately .2 million....
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.1 million encompassing approximately .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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