We maintained market share at 14.3% for the quarter, up from 9.5% in FY2019. The Group reported adjusted EBITDA of HK$1.9 billion for the quarter, 122% of 2019, consistently outperforming the market. Net revenue of the Group grew by 10% to HK$6.4 billion for the quarter compared to 2019. Daily GGR was 101% and mass GGR (including slot) was 137% of 2019. Third-quarter property visitation was 121% of the same period in 2019. MGM China continues to outperform industry recovery and grow from 2019. Industry EBITDA in the third quarter was recovered to an estimated 80% of the same period in 2019. Industry GGR rose 7% quarter-to-quarter to MOP531 million per day, representing 69% of pre-COVID levels, compared to 62% recovery in the second quarter. Visitation recovery has boosted gross gaming revenue (GGR). Macau saw average daily visitor arrival for the third quarter reach 90,025, up by 22% from the second quarter, recovered to 84% of pre-COVID levels of the same period in 2019. The Group is pleased to see a solid recovery in Macau since the beginning of the year. 8, 2023 /PRNewswire/ - MGM China Holdings Limited ("MGM China" or the "Company" SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2023. Visitation Revenue Adjusted EBITDA A ll Surpassed 2019
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |