MGM China Reports 2024 First Quarter Results [Yahoo! Finance]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: Yahoo! Finance
Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2024 (the "Period"). The Group is pleased to see a continuous recovery in Macau . Average daily visitor arrival for the Period reached 97,536 up 8%from the previous quarter, recovered to 85% of same period in 2019. Gross gaming revenue (GGR) in Macau also continued to see sequential growth over the quarters. Headline GGR rose 7% quarter-to-quarter to MOP630 million per day in first quarter 2024, represented 74% of same period 2019. Most importantly, mass GGR was estimated to be up approximately 5% quarter-to-quarter to hit all-time highs, recovering to approximately 110% of pre-COVID, ramped from 104% in four quarter last year. MGM China is glad to record sequential growth across segments and growth from 2019, outperformed the industry recovery. Property visitation for the Period was 151% of 2019. Daily GGR was 136% of fir
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MGM
Earnings
- 5/1/24 - Beat
MGM
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- MGM's page on the SEC website