MGM Resorts International (NYSE: MGM) said its China unit could spend up to $150 million in capital expenditures in Macau this year.
MGM China, which is 56% owned by the Las Vegas-based casino-resort operator, runs MGM Cotai and MGM Macau in the special administrative region (SAR). The gaming company estimated a 2023 Macau capex of $110 million to $150 million.
MGM China, which is 56% owned by the Las Vegas-based casino-resort operator, runs MGM Cotai and MGM Macau in the special administrative region (SAR). The gaming company estimated a 2023 Macau capex of $110 million to $150 million.
