{"id":777033940,"date":"2025-10-30T09:45:49","date_gmt":"2025-10-30T12:45:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777033940"},"modified":"2026-04-21T17:37:33","modified_gmt":"2026-04-21T20:37:33","slug":"mgm-china-posts-1-08-billion-in-net-revenues-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mgm-china-posts-1-08-billion-in-net-revenues-for-q3","title":{"rendered":"MGM China posts $1.08bn in net revenue for Q3"},"content":{"rendered":"\n

<\/p>\n\n\n\n\n\n\n\n

China.- MGM China<\/strong> has reported net revenue of $1.08bn <\/strong>for the third quarter, an increase of 17 per cent from $929.45m<\/strong> in the same period last year. The growth was primarily driven by the main floor table games drop, which increased by 18 per cent year-on-year to $4.07bn<\/strong>.<\/p>\n\n\n\n

The operator\u2019s casino revenue also experienced an 18 per cent increase to $947m<\/strong>, while segment adjusted EBITDA was up by 19.67 per cent to $283.99m<\/strong>.<\/p>\n\n\n\n

MGM Macau<\/h2>\n\n\n\n

Regarding individual property performance, MGM Macau\u2019s revenue was HK$3.39bn <\/strong>(US$436.25m), up from HK$3.04bn<\/strong> (US$391.52m). Adjusted EBITDA grew from HK$801.51m<\/strong> (US$103.14m) in Q3 2024 to HK$914.43m<\/strong> (US$117.67m).<\/p>\n\n\n\n

The main floor table games drop grew year-on-year from HK$13.53bn<\/strong> (US$1.74bn) in Q3 2024 to HK$14.47bn<\/strong> (US$1.86bn). Table games win also rose by HK$490m<\/strong> (US$63.06m) to HK$3.32bn<\/strong> (US$427.24m), contributing to a 23 per cent win<\/strong> percentage. Average daily gross win per table reached HK$144m<\/strong> (US$18.53m), but VIP gross table games win fell by 28.13 per cent to HK$118.26m<\/strong> (US$15.22m).<\/p>\n\n\n\n

MGM Cotai<\/h2>\n\n\n\n

MGM Cotai reported revenue of HK$5.11bn<\/strong> (US$657.6m), up by 21.67 per cent <\/strong>year-on-year. Adjusted EBITDA reached HK$1.45bn<\/strong> (US$186.6m), up from HK$1.18bn<\/strong> (US$151.85m) in the third quarter of 2024.<\/p>\n\n\n\n

MGM\u2019s Cotai Strip establishment reported a rise in VIP Play, with VIP table games turnover reaching HK$21.69bn<\/strong> (US$2.79bn). Gross table games win for the segment rose to HK$952.72m<\/strong> (US$122.6m). The main floor table games drop rose from HK$13.31bn<\/strong> (US$1.71bn) in Q3 2024 to HK$17.37bn<\/strong> (US$2.24bn). Main floor gaming tables also saw average daily gross win rise to HK$140.6m<\/strong> (US$18.1m), from HK$118.8m<\/strong> (US$15.29m) a year ago. <\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Sands China reports $273m net income for third quarter<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":2395,"featured_media":777033942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"MGM China reported a 17% year-on-year increase in Q3 net revenue, reaching $1.08bn, primarily driven by robust growth in main floor table games drop across its Macau properties. Segment adjusted EBITDA also saw a significant 19.67% rise to $283.99m, reflecting a strong recovery in the Macau gaming market. While MGM Cotai experienced a rise in VIP play, MGM Macau's VIP gross table games win declined.","focusai_entities":"MGM China, MGM Macau, MGM Cotai, Sands China","focusai_location":"China, Macau, Cotai Strip","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Mass Market Growth","query":"What specific strategies are MGM China employing to sustain the robust growth in main floor table games drop, and how does this compare to their peers' mass market penetration efforts in Macau?"},{"label":"VIP Segment Outlook","query":"Given the divergent VIP performance between MGM Macau's decline and MGM Cotai's rise, what are the underlying factors influencing these property-specific VIP segment dynamics, and what is the projected NGR contribution from VIP for the next fiscal year?"}],"footnotes":""},"categories":[16338,163],"tags":[29,257,16615],"class_list":["post-777033940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-casino","tag-macau","tag-mgm-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777033940"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033940\/revisions"}],"predecessor-version":[{"id":777033954,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777033940\/revisions\/777033954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777033942"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777033940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777033940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777033940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}