The three Macau concessionaires controlled by US-based casino operators aren’t under pressure to resume dividend payments to their parent companies over the near term, according to a major global ratings agency.
S&P Global Ratings director of corporate ratings Melissa Long and Associate Director of Corporate Ratings Aras Poon conducted a webinar Tuesday in which they said MGM China, Sands China, and Wynn Macau don’t need to imminently restart dividends to their Las Vegas-based parent companies. Those are Las Vegas Sands (NYSE: LVS), MGM Resorts International (NYSE: MGM), and Wynn Resorts (NASDAQ: WYNN).
S&P Global Ratings director of corporate ratings Melissa Long and Associate Director of Corporate Ratings Aras Poon conducted a webinar Tuesday in which they said MGM China, Sands China, and Wynn Macau don’t need to imminently restart dividends to their Las Vegas-based parent companies. Those are Las Vegas Sands (NYSE: LVS), MGM Resorts International (NYSE: MGM), and Wynn Resorts (NASDAQ: WYNN).