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MGM China Q3 revenue rises 22 percent on VIP, main-floor table gains
Thursday 31st of October 2013
MGM China said its third-quarter revenue rose 22 percent to $808 million, driven mainly by an increase in VIP and main-floor table game revenues. Adjusted earnings before interest, tax, depreciation and amortization were up 25 percent at $191 million. EBITDA lagged the average estimate of $202 million from nine Bloomberg analysts.
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