HONG KONG, April 29, 2026 /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 months ended March 31, 2026 (the "Period").
The Group is pleased to see Macau's average daily visitor arrival in the first quarter up 14% year-on-year to 124,599. Gross gaming revenue (GGR) in Macau rose by 14% year-on-year, with daily GGR reaching a post-pandemic high.
MGM China saw net revenue up 10% year-on-year to HK$8.8 billion. Daily total GGR grew 13% year-on-year, and daily mass GGR (including slot) surged 19% to historical high.
Adjusted EBITDA grew 4% year-on-year to HK$2.5 billion. The Group saw VIP hold percentage at 2.5%, compared with 3.5% a year ago. Adjusted EBITDA margin for the Period was 28.0% (25Q1: 29.6%).
By property, MGM COTAI saw revenue up by 10% year-on-year to HK$5.3 billion. Adjusted EBITDA rose 11% to HK$1.6 billion. Adjusted EBITDA margin gained 20 basis points to 30.5%. VIP hold was 3.4% (25Q1: 3.4%).
MGM MACAU's revenue was up by 9% year-on-year to HK$3.4 billion. Adjusted EBITDA was HK$832 million (25Q1: HK$903 million). VIP hold was 0.6% (25Q1: 4.2%).
MGM China saw overall GGR marketshare at 15.4% (25Q1: 15.7%). Estimated Mass (including slot) marketshare grew to ...
