MGM China Holdings Limited (MCHVF)
MGM China Holdings Limited operates in the Gambling, Resorts & Casinos industry of the Consumer Cyclical sector, headquartered in Macau, MO. The stock last traded at $1.35, up 0.00% on the session, giving a market capitalisation of $5.12B. On trailing twelve-month figures it carries a trailing P/E of 8.53, a net margin of 16.6%. Its beta of 0.99 implies it has historically moved less than the broad market.
MGM China Holdings Limited, founded in 2010 and headquartered in Macau, operates as an investment holding enterprise focused on developing, owning, and managing integrated casino and luxury lodging facilities across the Greater China area. The company is involved in creating and running a wide array of casino games of chance and other table games, as well as the associated hotel and resort accommodations. It additionally provides hotel management expertise and is engaged in the construction of comprehensive resort destinations within Macau. Its prominent assets include two major integrated resorts. MGM Macau features an energetic casino floor equipped with 845 slot machines and 289 gaming tables, alongside a luxurious hotel boasting 585 rooms, suites, and villas. This property also offers extensive guest amenities such as eight distinct dining establishments, various retail outlets, a swimming pool, spa services, and designated convention areas. The company's other significant holding, MGM Cotai, is another grand resort with a casino providing 839 slot machines and 263 gaming tables. Accommodation at MGM Cotai comprises 1,418 hotel rooms, suites, and unique skylofts, complemented by twelve diverse restaurants and bars, retail experiences, meeting venues, and numerous other non-gaming attractions. Beyond its core resort operations, MGM China Holdings Limited also offers a suite of outsourcing services, covering areas such as information technology, financial accounting, human resources, hotel reservation systems, and convention planning consultation. The company operates as a subsidiary of MGM Resorts International Holdings, Ltd.
MGM China Holdings Limited is most often compared with the following Consumer Cyclical names: