Adjusted EBITDA up 57% Year-on-Year Market Share Reached 16.5% HONG KONG, July 31, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for second quarter and the first half of 2024 (the "Period"). The Group is pleased to see Macau continue to grow. Total visitor arrivals in first half of year increased 43% year-on-year to 91,868 per day. The visitation recovered to 82% of first half 2019. Gross gaming revenue (GGR) in Macau was up 41% from same period in last year to MOP 625 million per day, represented a 76% recovery of first half 2019. In addition, mass gaming revenue grew 45% compared to a year ago, represented 111% of 2019. The continuous growth of mass market has boosted industry EBITDA to have recovered to an estimated 80-85% of 2019 pre-COVID levels. MGM China continued to outperform the market amid of industry recovery. Property visitation was up 85% year-on-year or represented 153% of 2019. Net revenue grew by 52% year-on-year to HK$16.2 billion for the Period, reached 144% of same period in 2019. The Group reported adjusted EBITDA of HK$ 4.9 billion for the Period, grew by 57% from a year ago. Adjusted EBITDA surpassed pre-COVID level at 161% of same period in 2019. We are glad to see market share further climbed to 16.5% for the Period, from 14.9% a year ago and 9.5% in 2019. MGM COTAI market share was 9.8% and MGM MACAU market share was 6.7%. Adjusted EBITDA margin for the Period reached record ...