Friday, March 29, 2024
HomeNewsMacauStudio City sees breakeven at 30-35% of historical GGR

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

FOLLOW US

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
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

RELATED ARTICLES