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MGM China Adjusts Q4 2024 Casino Revenue Figures

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MGM China Adjusts Q4 2024 Casino Revenue Figures

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MGM China Holdings ( (HK:2282) ) just unveiled an announcement.

MGM China Holdings Limited issued a clarification regarding its previously announced unaudited financial results for the fourth quarter of 2024. A typographical error was corrected, changing the reported casino revenue from $855 million to $885 million for the quarter ending December 31, 2024. This correction indicates a 4% increase compared to the same period in the previous year, positively impacting the company’s financial standing and reinforcing its market position in the competitive gaming industry.

More about MGM China Holdings

MGM China Holdings Limited, incorporated in the Cayman Islands, operates within the gaming and entertainment industry. It primarily focuses on casino operations and related services in Macau, offering a range of gaming options including table games and slot machines.

YTD Price Performance: -4.23%

Average Trading Volume: 1,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.05B

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