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MGM Snow Lake

MGM Acknowledges Anxious Activist Investor, But Imminent China Stake Reduction Unlikely

MGM Resorts International (NYSE:MGM) has confirmed it received a letter from Snow Lake Capital Ltd. founder Sean Ma. But the gaming company isn't rushing...

Todd Shriber January 6, 2021
MGM Snow Lake

Snow Lake Capital Presses MGM to Sell 20 Percent of China Business

Sean Ma’s Snow Lake Capital Ltd. is urging MGM Resorts International (NYSE:MGM) to sell 20 percent of the Macau business. They suggest the stake...

Todd Shriber January 6, 2021
Japan prosecutor gambling

Japanese Inquest Urges Reconsideration of Gambling Charges Against Former Prosecutor

Seven months after Hiromu Kurokawa resigned as Tokyo’s top prosecutor, an inquest panel has determined the 63-year-old should be indicted on gambling charges. The...

Steve Bittenbender December 27, 2020