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