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However, when compared with the previous three-month period ended 31 December 2024, adjusted EBITDA showed an 11 per cent improvement.
The results were “primarily due to a decrease in casino revenue driven by a decline in main floor table games drop compared to the prior-year quarter,” the casino operator indicated in the same announcement.
According to the filing, the two properties operated by the concessionaire in the SAR – MGM Macau and MGM Cotai– generated HK$7.99 billion in revenue in the first quarter, HK$265 million less than a year earlier, but HK$74 million more than in the fourth quarter of 2024.
Read more in Macau News Agency
