MGM China declared an interim dividend of HK$0.25 per share for the six months ended 30 June 2026. The total payment is HK$950 million, equivalent to 50% of the group’s profit attributable to owners for the period, the company said.
The payout returns half of MGM China’s first-half attributable profit to shareholders while the group reports lower profit than a year earlier.
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MGM reported consolidated revenue of $4.5bn for the three months ended 30 June 2026, up 1% year on year. MGM Digital revenue rose 20% to $196m, while the division’s adjusted EBITDAR loss widened to $31m; CEO Bill Hornbuckle also said the MGM Osaka project remained on schedule to open in 2030.
CreditSights maintained its tactical outperform recommendation on Wynn Macau’s US-dollar bonds despite weaker third-quarter earnings. It cited leverage of 5.3 times gross and 4.3 times net as of September, and expected higher capital expenditure in financial year 2027 to weigh on cash flow.
Wynn Macau Ltd's U.S. dollar bonds remain a tactical outperform recommendation at CreditSights Inc, even after weaker third-quarter earnings and with capital spending expected to rise in 2027. The analysts said the anticipated capital spending pressure in financial year 2027 was a key reason for the tactical qualification.
MGM Resorts and People Inc. have amended their voting agreement, with People Inc. to vote its MGM shares in line with the MGM board’s recommendation in a potential change-of-control transaction. CreditSights said the change could give the board more flexibility, while MGM Resorts has said it is not discussing a transaction with Diller’s media consortium; no sale is currently under discussion.
CreditSights said MGM China could face event risk if parent MGM Resorts International changes ownership, while describing takeover overhang as less acute. MGM Resorts owns 56% of MGM China, and the companies are not currently in transaction talks, according to the report.
People Inc. withdrew its proposed $17.6bn acquisition of MGM Resorts, the company said. People had offered $48.30 per share in cash for MGM’s remaining shares; MGM chairman Paul Salem said the company would continue as a standalone business. People remains open to a future strategic transaction, according to Barry Diller.