MGM China Holdings Ltd

02282: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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MGM China Earnings: Results in Line; Renovation Upgrades to Support Long-Term Market Share

Jennifer Song

Oct 30, 2025

MGM China's third-quarter operating performance softened, with gross gaming revenue, or GGR, and adjusted EBITDA falling 3.4% and 5.5%, quarter on quarter, respectively. This reflects a drop in GGR market share to 15.5%, from 16.6% a quarter ago.

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MGM China Holdings Ltd

MGM China Earnings: Results in Line; Renovation Upgrades to Support Long-Term Market Share

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