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Studio City sees breakeven at 30-35% of historical GGR

Studio City's gross gambling revenue in October and November was up about 146 percent compared with the third quarter and parent company Studio City Finance says it sees breakeven on an adjusted EBITDA level on reaching between 30 and 35 percent of historical GGR run rates.

AGBrief Editorial AGBrief EditorialJanuary 5, 2021 · 1 min read
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Studio City’s gross gambling revenue in October and November was up about 146 percent compared with the third quarter and parent company Studio City Finance says it sees breakeven on an adjusted EBITDA level on reaching between 30 and 35 percent of historical GGR run rates.

Business update in respect of Studio City Finance (Company filing)

AGBrief Editorial
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