Macau's Studio City Q3 revenue rises 4.5%, helped by higher casino contract income

Reuters

Nov 06

Macau's <a href="https://laohu8.com/S/MSC">Studio City</a> Q3 revenue rises 4.5%, helped by higher casino contract income

Overview

Studio City Q3 2025 revenue rises to $182.5 mln, driven by mass market operations
Adjusted EBITDA for Q3 2025 increases to $78.1 mln, reflecting better casino contract performance
Net loss for Q3 2025 improves to $18.6 mln from $21.0 mln in 2024

Outlook

Company did not provide specific guidance for future quarters

Result Drivers

MASS MARKET OPERATIONS - Improved performance in mass market operations drove revenue growth in Q3 2025
STRATEGIC SHIFT - Focus on premium mass and mass operations after transferring VIP operations contributed to growth
MACHINE REALLOCATION - Closure of Mocha Kuong Fat led to reallocation of gaming machines to Studio City, aiding performance

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$182.50 mln
Q3 Net Income		-$18.60 mln
Q3 Adjusted EBITDA		$78.10 mln
Q3 Capex		$9.70 mln
Q3 Operating Income		$23.90 mln

Press Release: ID:nGNX2kgQFc

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSC","symbol_name":"新濠影汇","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nL1N3WI0RU:1","article_id":"2581955660","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581955660","pubTimestamp":1762435136,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Macau's Studio City Q3 revenue rises 4.5%, helped by higher casino contract incomeOverviewStudio City Q3 2025 revenue rises to $182.5 mln, driven by mass market operationsAdjusted EBITDA for Q3 2025 i","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSC":"新濠影汇","BK4150":"赌场与赌博","BK4575":"芯片概念"},"translate_title":"得益于赌场合同收入增加，澳门新濠影汇第三季度收入增长4.5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSC":0.9},"content_text":"Macau's Studio City Q3 revenue rises 4.5%, helped by higher casino contract incomeOverviewStudio City Q3 2025 revenue rises to $182.5 mln, driven by mass market operationsAdjusted EBITDA for Q3 2025 increases to $78.1 mln, reflecting better casino contract performanceNet loss for Q3 2025 improves to $18.6 mln from $21.0 mln in 2024OutlookCompany did not provide specific guidance for future quartersResult DriversMASS MARKET OPERATIONS - Improved performance in mass market operations drove revenue growth in Q3 2025STRATEGIC SHIFT - Focus on premium mass and mass operations after transferring VIP operations contributed to growthMACHINE REALLOCATION - Closure of Mocha Kuong Fat led to reallocation of gaming machines to Studio City, aiding performanceKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Revenue$182.50 mlnQ3 Net Income-$18.60 mlnQ3 Adjusted EBITDA$78.10 mlnQ3 Capex$9.70 mlnQ3 Operating Income$23.90 mlnPress Release: ID:nGNX2kgQFcFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}