{"id":777037690,"date":"2026-02-05T07:31:03","date_gmt":"2026-02-05T10:31:03","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777037690"},"modified":"2026-04-21T14:40:36","modified_gmt":"2026-04-21T17:40:36","slug":"mgm-china-reports-revenue-growth-in-results-inadvertently-released-early","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mgm-china-reports-revenue-growth-in-results-inadvertently-released-early","title":{"rendered":"MGM China reports revenue growth in results inadvertently released early"},"content":{"rendered":"\n

An early results release led to a temporary trading halt in Hong Kong.<\/p>\n\n\n\n\n\n\n\n

Macau.- MGM China Holdings’ Q4 revenue was US$1.24bn<\/strong>, up 21.4 per cent year-on-year<\/strong>, according to preliminary financial results that were inadvertently released ahead of schedule by parent company MGM Resorts International<\/strong>.<\/p>\n\n\n\n

The unaudited figures were included in a Form 8-K filing submitted to the US Securities and Exchange Commission on February 4 before completion of MGM Resorts\u2019 financial closing procedures. As a result, trading in MGM China shares was temporarily halted on the Hong Kong Stock Exchange at the company\u2019s request. Trading later resumed after MGM China reissued preliminary data.<\/p>\n\n\n\n

According to the filing, MGM China’s adjusted EBITDAR rose 30.5 per cent year-on-year to US$332.3m in the fourth quarter. For full-year 2025, net revenue increased 10.9 per cent to US$4.46bn, and adjusted EBITDAR grew 10.7 per cent to US$1.20bn.<\/p>\n\n\n\n

Seaport Research Partners noted that MGM China\u2019s Macau revenue beat consensus forecasts, although the reasons behind the outperformance were not yet clear and may be linked to high hold levels.<\/p>\n\n\n\n

At the group level, MGM Resorts reported fourth-quarter consolidated net revenue of US$4.6bn, up nearly 6 per cent year-on-year, and full-year net revenue of US$17.54bn, an increase of 1.7 per cent.<\/p>\n\n\n\n

MGM Resorts is scheduled to release its audited fourth-quarter and full-year 2025 results on February 12.<\/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> JP Morgan tips Sands China for market share gains in 2026<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

An early results release led to a temporary trading halt in Hong Kong.<\/p>\n","protected":false},"author":680,"featured_media":777031351,"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 Holdings reported preliminary Q4 revenue of US$1.24bn, a 21.4% year-on-year increase, and full-year 2025 net revenue of US$4.46bn, exceeding consensus forecasts for Macau. These unaudited figures were inadvertently released early by parent company MGM Resorts International via an SEC filing, leading to a temporary trading halt on the Hong Kong Stock Exchange.","focusai_entities":"MGM China Holdings, MGM Resorts International, US Securities and Exchange Commission, Hong Kong Stock Exchange, Seaport Research Partners, JP Morgan, Sands China","focusai_location":"Hong Kong, Macau, US","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.88), operator_casino (0.92), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Outperformance Drivers?","query":"What specific operational factors or market conditions, beyond potential high hold levels, contributed to MGM China's significant outperformance in Macau's gaming vertical during Q4?"},{"label":"Disclosure Governance Impact?","query":"What are the governance implications for MGM Resorts International following the premature disclosure of unaudited financial results, and what corrective measures are being implemented to prevent future occurrences?"}],"footnotes":""},"categories":[16338,163],"tags":[257,1618,2054],"class_list":["post-777037690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-macau","tag-mgm-china","tag-revenue"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037690","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\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777037690"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037690\/revisions"}],"predecessor-version":[{"id":777037697,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037690\/revisions\/777037697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777031351"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777037690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777037690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777037690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}