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hard rock casino south lake tahoe ca(Image: Crown Resorts)Revenues from Crown Resorts’ VIP program in Melbourne surged to 2 million AUD (5 million USD) in the last six months of 2017, an increase of 37.5 percent year-on-year. That was enough for MGM China to offer shareholders a dividend of HKD$content$.097 per share.None of those numbers include the company’s highly anticipated second holding, the MGM Cotai, which opened its doors in a limited capacity this month.Spend Money to Make MoneyDespite the bright Q4, net profits for MGM were down in 2017 overall compared to 2016 by 23 percent, narrowly missing analysts’ expectations of 24 percent. Back in the high life again: whales are pulling up to the Crown Casino in Melbourne, Australia once more, and their presence has pushed VIP revenues back up. river spirit casino tulsa gambling ageThe scare spooked many of their prized whales, and previously lucrative VIP revenues were crippled, leavingolden nugget vegas casino hostsg what had been a billion dollar business for the casino in 2016 cut in half in 2017.With their high roller clientele now back in the VIP rooms, Crown Resorts Executive Chairman John Alexander told the Sydney Morning Herald that the “… VIP program player turnover in Australia of .6 billion was a pleasing outcome, particularly at Crown Melbourne … given the difficult trading conditions in the prior comparable period.”The bounce back should put the VIP jewel back in the Crown, accordingIt’s a welcome sight for officials at the Melbourne Crown Casino: their biggest bettors, many of whom hadn’t been seen in months, golden nugget vegas casino hostsare finally filtering back through the doors of Australia’s flagship casino. l design of the newly opened MGM Cotai is a reality at last, as the property opened, on a limited basis, just in time for the start of the Year of the Dog. chumba casino similar

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