Overview
Studio City Q2 revenue rises to $190.1 mln, driven by mass market operations
Adjusted EBITDA for Q2 increases to $76.4 mln, reflecting revenue growth
Net loss narrows to $3.7 mln from $33.4 mln in Q2 2024
Result Drivers
MASS MARKET OPERATIONS - Improved performance in mass market operations drove revenue increase, per company
CASINO CONTRACT REVENUE - Revenue from casino contract rose to $83.8 mln, attributed to strategic repositioning
NON-GAMING REVENUES - Higher overall non-gaming revenues contributed to revenue growth
Key Details
Press Release: ID:nGNX5hXKbq
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)