MGM China recorded total revenue of HK$4.7 billion in the first quarter, a year-on-year growth of 26 percent, the US gaming company said in a statement yesterday.
The statement pointed out that while Macau’s overall gross gaming revenue (GGR) grew 20.5 percent to 76.5 billion patacas in the first quarter, MGM China saw its casino win up by about 24 percent.
Adjusted EBITDA was up by 4 percent from a year earlier to around HK$1.3 billion. Adjusted EBITDA margin was 27.4 percent.
