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MGM China 14Q1 revenue gains 26 percent

MGM China 14Q1 revenue gained 26 percent to $941 million, driven by main market table turnover. VIP table games increased 12 percent, while main floor tables rose 45 percent. Adjusted EBITDA was a record $241 million, a 33 percent  increase compared to the prior year quarter. "Our development projects are well underway as MGM Cotai, our second Macau property, is on schedule to open in early 2016," said Jim Murren, Chairman and CEO.
 

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