MGM China net revenues drop 6 pct in Q3

2016-11-08 07:47
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MGM China announced yesterday that its net revenues in the third quarter dropped 6 percent year-on-year to US500 million.

According to a statement to the Hong Kong Stock Exchange, mass-market table games revenue rose 21 percent year-on-year, while VIP table games revenue dropped 26 percent.

Operating income rose 34 percent year-on-year to US$84 million.

Adjusted Ebitda increased 17 percent to US$150 million year-on-year.

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