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” The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its second-quarter financial results showing that its net revenues tumbled by 95% year-on-year to just . Online Casino Online Casino Online Casino Online Casino 2 million. According to a report from Inside Asian Gaming, business at the operator’s two venues in Macau has been severely damaged by the recent imposition of local coronavirus-relateonline casino games ugandad travel restrictions with the firm admitting that visitation hit ‘near zero’ for the three months to the end of June. Pessimistic pair:Inside Asian Gaming reported that the Hong Kong-listed operator’s MGM Cotai property recorded second-quarter revenues of just million while the tally for its nearby MGM Macau venues came in at a paltry . 2 million. The source also detailed comparable downturns across every market segment with the company’s turnover from VIP table games having crashed by 96% year-on-year to just 0 million alongside an even more steep 97% decline from its mass-market compatriots to million. Escalating obligation:MGM China Holdings Limited moreover reportedly announced that its average monthly cash outflow for the three-month period was . 1 million encompassing approximately .

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