No Data
MGM China Announces Parent Company's Annual Financial Report Release
Macquarie estimates that total Gambling revenue in February will be between 18.5 billion and 19.3 billion Macau patacas, with GALAXY ENT (00027) being the industry preferred choice.
Give GALAXY ENT (00027) and SANDS CHINA LTD (01928) a "Outperform the Market" rating, with Target Prices of HKD 48.8 and HKD 25.8 respectively.
MGM China Adjusts Q4 2024 Casino Revenue Figures
[Brokerage Gathering] Soochow maintains a "Buy" rating on MGM CHINA (02282), stating that the company's performance in the fourth quarter of 2024 is expected to exceed expectations.
Jinwu Financial News | Soochow issued a Research Report stating that MGM CHINA (02282) achieved total gaming revenue of 8.71 billion HKD in Q4 2024, a 10.0% sequential growth, recovering to 128.3% compared to the same period in 2019. Looking ahead to 2025, it is believed that the opening of "MGM 2049" in Q4 2024, along with the Poly MGM Museum and suites expected to be renovated by 2025, will further enhance the company's appeal to inbound tourists, positively impacting gaming revenue. The report indicates that the company's profit recovery is slower than revenue, leading to a sequential decline in adjusted property EBITDA margin by 0.6 percentage points to 2.
MGM China's Market-Share Gains, Dividend Payout Should Support Near-Term Stability -- Market Talk
MGM China's Controlling Shareholder Logs Lower Q4 EBITDA
