BRIEF: MGM China’s revenue, profit edge up in second quarter

2282.HK

Macau casino operator MGM China Holdings Ltd. (2282.HK) on Thursday reported its revenue totaled HK$8.67 billion ($1.1 billion) in the second quarter, up 18.9% year-on-year, while its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) reached HK$2.51 billion, up 2.8%.

The company’s main-floor table games climbed 7% year-on-year in the quarter to $4.09 billion, while the win rate from those tables edged up 0.5 percentage points to 25%.

Revenue for the first half of 2025 rose 2.7% year-on-year to HK$16.66 billion, while its adjusted EBITDA fell 1.4% to HK$4.88 billion.

Shares of MGM China opened up 1% at HK$15.76 on Thursday. The stock is up over 60% since the beginning of this year.

By Lau Chi Hang

To subscribe to Bamboo Works weekly free newsletter, clickhere

,
, ,

Related Articles

RELATED ARTICLES

  1. MGM China loses momentum as Macau gaming revenue shows fatigue
    Macao’s gaming fatigue takes the roar out of MGM China
    2282.HK
  2. Sands China gambles on room revamp to revive flagging profits
    1928.HK
  3. BRIEF: Sands China second-quarter profit drops 13%
    1928.HK
  4. ‘Satellite casino’ era winds down in transforming Macao
    0200.HK 0027.HK 0880.HK
Discover hidden China stock gems in our weekly newsletter

Follow us

Facebook Twitter Linkedin Weixin Weibo Youtube

Subscribe to Our Free eNewsletter

Subscribe

Check out our content with some of our syndication partners

factiva

Recent Articles

Illustration of Chinese government pumping confidence into stock market

China’s state-driven stocks, and its corporate wars abroad

China's stock market rally is fast approaching its one-year mark, with the benchmark Hang Seng and Shanghai composite indexes both up around 40%. How much longer can it last, especially given the weak state of China's economy? And internet giants Meituan and DiDi have sued each other in Brazil, where they are competing in the takeout dining market. How is this case likely to end up?
3690.HK