MGM China reports record revenue, leadership changes, interim dividend

MGM China Holdings Limited reported record operating revenue of HK$16,661.0 million for the six months ended June 30, 2025, a 2.7% increase year-on-year. Despite higher operating costs and a net foreign currency loss, profit attributable to owners of the company reached HK$2,383.3 million. The company declared an interim dividend of HK$0.313 per share, totaling approximately HK$1,189.4 million, representing 49.9% of the group’s profit.

Key leadership updates include Pansy Catilina Chiu King Ho's appointment as a director of Bravolinks Integrated Marketing Company and William Joseph Hornbuckle as national chair of the U.S. Travel Association. Patricia Sze Wan Lam resigned from the Board of Governors of Hang Seng University. MGM China continues to invest in non-gaming facilities and entertainment, with new offerings like the Fantasy Box venue.

Financially, the 2025 notes of US$513.1 million were fully repaid, and a new HK$23.40 billion revolving credit facility was established with a final maturity date of April 15, 2030, replacing previous credit facilities. The company also repurchased 2,002,150 shares for HK$22.3 million to maintain share capital stability.