MGM China reports record third-quarter revenues
Revenues and daily visitation both up by 17 per cent
Riding high on the recovery of Macau, MGM China has reported a record third quarter, with revenues up 17 per cent year-on-year to HK$8.5bn and daily property visitation also up by 17 per cent year-on-year. Daily GGR and mass GGR (including slot) were up 20 per cent and 17 per cent respectively from last year.
Third-quarter market share in Macau was 15.5 per cent, up from 14.8 per cent a year ago. MGM Cotai market share was 9.4 per cent and MGM Macau market share was 6.1 per cent. On a property basis, MGM Cotai recorded revenue of HK$5.1bn for the period, up by 22 per cent from 2024. MGM Macau recorded revenue of HK$3.4bn for the period, up by 12 per cent in 2024.
During the Period, Macau 2049, the residency show co-created by MGM and renowned filmmaker Zhang Yimou, was awarded the 2024 Weibo Cultural Tourism IP Award at the 2025 “Weibo Travel Night”. The award affirms the recognition in cultural tourism communication, and our support in developing Macau as a base for exchange and cooperation where Chinese culture is the mainstream and diverse cultures coexist.
In September, the group participated in the “Experience Macao Roadshow in Lisbon”, organized by the Macao Government Tourism Office at Portugal. We jointly showcased Macau’s unique appeal as a World Centre of Tourism and Leisure, as well as to foster exchange and cooperation in tourism, culture and commerce between Macau and Portugal.
Back in Macau, MGM China has fully launched the Alpha Villas during the Period, while the Alpha Club also at MGM MACAU was fully opened in late September. Together with completion of other refurbishment projects, MGM MACAU provides an elevated experience especially for premium customers.
Kenneth Feng, President and Executive Director of MGM China, said: “We are delighted to see MGM China to have a record third quarter. The Alpha products have been well received by especially high-end customers. We are devoted to understanding our customers and enhancing their stay at our properties.
“We are proud to join Macau’s evolution into a diversified tourist destination, including the Macau2049 residency show at MGM COTAI and the Poly MGM Museum at MGM MACAU. With more non-gaming and entertainment events taking place in Macau, we believe visitors will have many more reasons to visit and continue to drive growth in the Macau market.”
Overall, Macau’s casino revenues have recovered to 88 per cent of 2019 levels, and increasing by 83 per cent in the second quarter. For the three months ended September 30, Macau saw average daily visitor arrival up by 14 per cent year-on-year to 113,614, surpassing 2019 pre-COVID levels by five per cent. Industry GGR per day rose 13 per cent year-to-year to MOP680m for the Period despite casino closure due to typhoons in September.
