MGM China Holdings Ltd
02282: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.? | LOCK|!NXj | LOCK|r%^?%$W |
MGM China Earnings: Results Above Expectation; Fair Value Estimate Intact Amid Higher Branding Fee
MGM China posted solid fourth-quarter results, with gross gaming revenue, or GGR, up 11% and adjusted EBITDA surging 16% quarter on quarter to a record high. The company also gained 60 basis points of sequential GGR market share, reaching 16.4%.
