MGM China Holdings Ltd
02282: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.@ | LOCK|^VD$ | LOCK|cp#@!LX |
MGM China Earnings: Solid Results With Defensive Market Share; Shares Undervalued
Benefiting from a higher VIP win-rate, MGM China's third-quarter gross gaming revenue, or GGR, and adjusted EBITDA both rose 3% quarter-on-quarter, with GGR market share expanding to a record level of 17.1%.
