• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Second exit in as many days flagged for MGM China board

Feb 25, 2019 Newsdesk Industry Talk, Latest News, Macau, World  


Second exit in as many days flagged for MGM China board

William Scott has resigned from the board of Macau casino operator MGM China Holdings Ltd and its United States-based parent MGM Resorts International after “the termination of his position” was mutually agreed between the executive and the group.

MGM China told the Hong Kong Stock Exchange on Friday that Mr Scott’s resignation took effect the same day. Mr Scott was an authorised representative of the company and under the stock exchange’s listing conditions, such officials must be part of the management team of the company.

The statement said Mr Scott had no disagreement with MGM China’s board. The announcement did not offer a reason for Mr Scott’s departure.

Last Thursday, MGM Resorts announced chief financial officer Dan D’Arrigo was leaving. The move also led to Mr D’Arrigo’s resignation from the board of MGM China. He will nonetheless stay with the MGM group for another month to ensure a smooth transition as his replacement is brought in.

MGM China, which owns and manages two casino resorts in Macau, has told Hong Kong’s stock exchange that MGM Resorts president Bill Hornbuckle is now an authorised person under the bourse’s rules.

Mr Scott had been a non-executive director and a member of the nomination and corporate governance committee of MGM China since March 16, 2011. He was the general manager of Diaoyutai MGM Hospitality, Ltd, a joint venture between MGM Resorts International and Diaoyutai State Guesthouse, the hospitality arm of the mainland Chinese government.

The mainland Chinese arm of MGM Resorts International, Diaoyutai MGM Hospitality opened in June the Bellagio Shanghai hotel, a 162-room non-gaming property.

MGM Resorts is hoping to add to its business in Asia by building a casino resort in Japan, and would like Osaka to be the location.


  • tweet
Related articles
  • Moody’s expects MGM, Wynn to pursue large IR development 
    Moody’s expects MGM, Wynn to pursue...

    Apr 08, 2021  

  • MGM China incremental debt is credit negative: Moody’s
    MGM China incremental debt is credit...

    Mar 25, 2021  

More news
  • April pax tally to rise 26pct m-o-m says Macau airport op
    April pax tally to rise 26pct m-o-m...

    Apr 19, 2021  

  • Two-day Japan IR Forum online event begins on Weds
    Two-day Japan IR Forum online event...

    Apr 19, 2021  


Latest News

April pax tally to rise 26pct m-o-m says Macau airport op

April pax tally to rise 26pct m-o-m says Macau airport op

Apr 19, 2021  

Macau’s airport expects a circa 26-percent-higher volume of passenger movements in April compared to March, according to information it provided to GGRAsia. Macau International Airport Co Ltd,...
Read More
Two-day Japan IR Forum online event begins on Weds

Two-day Japan IR Forum online event begins on Weds

Apr 19, 2021  

Talks on NagaWorld lay-offs amid pandemic: source

Talks on NagaWorld lay-offs amid pandemic: source

Apr 19, 2021  

Oaktree offers US$$2.3bln for Crown to buy out Packer

Oaktree offers US$$2.3bln for Crown to buy out Packer

Apr 19, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$1.14 billion

Macau’s total VIP gross gaming revenue in the first quarter of 2021



Most Popular

  • Macau 2021 GGR could be half of pre- Covid-19 levels: FitchMacau 2021 GGR could be half of pre- Covid-19 levels: Fitch April 15, 2021
  • NUSTAR complex in Cebu slated to open 2022: UHRINUSTAR complex in Cebu slated to open 2022: UHRI April 16, 2021
  • Macau VIP GGR up 20pct sequentially in 1Q: govtMacau VIP GGR up 20pct sequentially in 1Q: govt April 16, 2021
  • Macau may tie GBA backing to gaming tender: law expertsMacau may tie GBA backing to gaming tender: law experts April 16, 2021
  • Bloomberry Quezon project in 2023, focus on preserving cashBloomberry Quezon project in 2023, focus on preserving cash April 16, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us