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MGM China leads mass gaming revenue growth in Macau's fourth quarter

MGM China Holdings Ltd emerged as the leading gainer in mass gaming revenue share in Macau for Q4, capturing 15.9% of the market, equating to approximately US$999 million. In contrast, Galaxy Entertainment Group saw significant gains in VIP revenue, increasing its share by 6.2 percentage points to 23.7%. Overall, the mass gaming market generated nearly MOP57.43 billion (US$7.17 billion) in the quarter.
GGRAsia - The latest news on the gaming industry in Asia
United States Dollar Macanese Pataca CHN MAC Carlo Santarelli
Business & Industry, Market Report
08:11 05.03.2025

macau gaming operator margins decline in fourth quarter of 2024

Macau's gaming operators experienced a decline in margins in Q4 2024, with industry-wide margins falling to 27.2% from 27.9% in the previous quarter. Property EBITDA decreased by 2% year-on-year to US$1.90 billion, while total industry GGR rose 6% to MOP$57.6 billion, driven by an 11% increase in VIP GGR. SJM, Galaxy, and Melco gained market share in the mass segment, while aggregate VIP revenue grew by 11% on a higher hold of 3.00%.
IAG
Macanese Pataca DEUTSCHE BANK AG MAC Carlo Santarelli
Business & Industry, Market Report
04:23 05.03.2025
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