Barry Diller's People Inc. offers $48.30 per share to buy remaining MGM Resorts stock, valuing the casino operator at over $18 billion. The move follows a six-year investment and aims to take MGM private amid industry consolidation.
Posts tagged as “Macau”
VII Pillars Entertainment announced the cancellation of the release of the British horror film "Winnie the Pooh: Blood and Honey" in Hong Kong and Macau due to "technical reasons". This has sparked discussions over increasing censorship in the city, as authorities have been banning films and books deemed to be politically sensitive. The film, which follows the story of a group of teenagers terrorized by a killer dressed as Winnie the Pooh, was set to be released in the United States in April.
The US is planning to relax Covid-19 testing restrictions for travelers from China on Friday, following a surge in cases and lack of transparency from Chinese officials. The Centers for Disease Control and Prevention had previously announced a requirement for travelers to prove they had tested negative for the virus before flying to the US from China, Hong Kong, and Macau. This decision is part of an effort to protect US citizens from the spread of the virus, though it is unclear if the US will continue to require negative tests in the future.