# MGM China Reports Higher Revenue and Record Market Share

The Macau operator, majority owned by MGM Resorts, reported HK$8.9 billion in quarterly revenue.

By Will Langan | 24X7 News
Published: 2026-10-28T23:04:06.458Z
Updated: 2026-10-28T23:04:06.458Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/mgm-china-third-quarter-results-october-28-2026

MGM China reported quarterly revenue of approximately HK$8.9 billion, up 5% from a year earlier, in an announcement released October 28 in the United States and dated October 29 in Hong Kong.

The results cover the three months ended September 30, 2026. The company reported adjusted earnings before interest, taxes, depreciation and amortization of approximately HK$2.4 billion and a record Macau market share of 17.1%.

MGM China is majority owned by U.S.-listed MGM Resorts International. Its Macau operations include MGM COTAI and MGM MACAU.

Occupancy rose to 94.1% from 93.5% a year earlier, according to the release. MGM COTAI generated about HK$5.4 billion in revenue, while MGM MACAU contributed approximately HK$3.5 billion.

The company said total liquidity reached about HK$25.6 billion at September 30, including cash, bank balances and an undrawn revolving facility. That total includes available borrowing capacity rather than cash alone.

MGM China also said it had begun renovating approximately 100 suites at MGM MACAU. The financial figures are unaudited, and adjusted EBITDA is a supplemental measure distinct from net income.

Sources
MGM China third-quarter results, released October 28 U.S. time, dated October 29, 2026 in Hong Kong.

## Sources
- MGM China / PR Newswire Results Release: https://www.tradingview.com/news/prnewswire:e61f610099061:0-mgm-china-reports-2026-third-quarter-results/