MGM China has reported another quarterly EBITDAR record, with Adjusted EBITDAR rising 20% year-on-year to a new third quarter high of HK$2.37 billion (US$305 million) according to information from parent company MGM Resorts International.
The Q3 result came on the back of a 20% year-on-year increase in total revenue to HK$8.51 billion (US$1.10 billion), with MGM noting that this was primarily due to an 18% increase in main floor table games drop. Casino revenue was also up 18% to US$947 million.
Compared with the June quarter, Adjusted EBITDAR was down 6% from HK$2.51 billion (US$323 million) while total revenues fell 2% from HK$8.67 billion (US$1.12 billion). The company’s Macau market share also slid from 16.6% in 2Q25 to 15.5% in Q2 – still well above market share of under 10% MGM had regularly reported pre-COVID.
