MGM China looking to stabilize Macau market share in mid-teens via major upgrade projects
Regulation · 2024-10-31
MGM China looking to stabilize Macau market share in mid-teens via major upgrade projects
MGM China has outlined a series of substantial upgrade projects across its two Macau integrated resorts as key to sustaining market share in the mid-teens following another record-breaking quarter for the company.
The September 2024 quarter saw MGM China book all-time records for both revenue and Adjusted Property EBITDAR, while the company’s Macau market share reached 15.9% having climbed steadily from just 9.5% pre-COVID.
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