MGM CHINA 1Q26 Net Revenue Up 10% YoY to HKD8.8B; Adj. EBITDA Rises 4% YoY to HKD2.5B
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MGM CHINA reported a 10% year-on-year increase in net revenue for Q1 2026, reaching HKD 8.8 billion, with adjusted EBITDA rising 4% to HKD 2.5 billion. Revenue from MGM COTAI grew 10% to HKD 5.3 billion, while MGM MACAU saw a 9% increase to HKD 3.4 billion. The overall GGR market share was 15.4%. The average hotel occupancy rate was 93.9%. As of March 31, 2026, the Group had total liquidity of approximately HKD 25 billion.
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