MGM China, a Macau casino operator, sees a revenue bump once Covid-19 restrictions are eased.

MGM China, linked to MGM Resorts International Holdings, saw a significant revenue boost in Q4 2023, reaching US$983 million, compared to US$175 million in Q4 2022.

This reflects a 35% increase from pre-pandemic levels in Q4 2019. The surge came as Covid-19 restrictions eased and visitor numbers soared in Macau.

The company's shares surged by 10.3% to HK$12.40, surpassing market expectations, indicating optimism for sustained growth.
 
Back
Top