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MGM China (02282 HK) reported lower than expected 1Q2021 Hold-Normalized Adjusted Property EBITDA of US$5.0 million. This was announced by the Company's controlling shareholder, MGM Resorts International (MGM US). The key 1Q2021 results of MGM China include revenue of US$296 million, an 8.8% year-over-year increase, and adjusted property EBITDA of US$4.8 million. Hold-normalized adjusted property EBITDA was also US$5.0 million, but it was not adjusted for certain variances in VIP table games.
