Operating profits at MGM China Holdings Ltd. climbed 45.5 percent in the first quarter from a year earlier on growth in mass market and slot revenues. Revenues rose 6.5 percent to $747.6 million as operating earnings reached $99.1 million. VIP betting volumes rose 15 percent. The company paid a $500 million dividend in March, with $255 million going to MGM Resorts International.
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The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
Bloomberry Foundation and the Philippine Amusement and Gaming Corp said they have completed the capital region’s largest quarantine facility for Covid-19 patients.