HONG KONG -- Macao's MGM China said Friday it has reached out for a $750 million loan from its U.S.-based parent as its COVID-hit gaming business bleeds cash, after several rival casino operators scrambled for lifelines.
Travel & Leisure
MGM China reaches for $750m loan as Macao's casinos bleed cash
Rival operators in gambling hub desperate for help as revenue plunges
Macao's MGM Cotai casino resort was sealed for several days with hundreds of people inside after a dealer was found to be infected with COVID. © Reuters
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