美高梅中国2024 中期报告

（Incorporated in the Cayman Islands with limited liability）（於開曼群島註冊成立之有限公司）Stock Code2282 William Joseph HornbuckleJohn M. McManus • Herbert Smith Freehills1523 Daniel J. TaylorAyesha Khanna MolinoJonathan S. Halkyard MdME40921 Russell Francis Banham Third Floor, Century YardCricket Square, P.O. Box 902Grand Cayman, KY1-1103Cayman Islands Russell Francis BanhamAyesha Khanna MolinoJonathan S. Halkyard — Russell Francis BanhamDaniel J. Taylor 16 2001402 Russell Francis BanhamJohn M. McManusAyesha Khanna Molino 183171712-1716 Tricor Services (Cayman Islands) LimitedThird Floor, Century YardCricket Square, P.O. Box 902,Grand Cayman, KY1-1103Cayman Islands Antonio Jose Menano William Joseph HornbuckleAntonio Jose Menano https://cn.mgmchinaholdings.com 2282 201163MRIH55.95%22.49% 200712202463023,2839823413558581,60025 2018213202463024,5499844091,418122,87028 2024 20245152024 2031 20246265.007.125%203162620312024627 ———+————— — ——— 19719118017591% 2023 2019COVID-19202470.9%69.0% 20222024630202343.6%52.9%2024630202341.9%1,1042024630201917.6%23.9% 10—24———— 202463030COVID-19201912319.5%1982023123115.2%202463016.5% 202463087% 2024817/2024 200712585468991820182—1,4181,2489916272881,600122,870 202420242024 Dale Chihuly 30028 2024X 2024•A-LIN2024“First Time” LiveLEDSHOWLED2024Bruno Mars The One & Only Night at MGM2024 MGM 20492024 EBITDA EBITDA EBITDAEBITDAEBITDAEBITDA EBITDA20242023630 20246302023630 20242023630 2024630162.18052.3%2022COVID-1919820191231COVID-199.5%2023123115.2%202463016.5%2024630201943.6% 2024630141.622202363047.5% 2024630147.707202363063.9%36.9%67.5%287.747310.946 20246 3020236 3027.4%23.76628.8%117.3%204.628766.211 2024630202363045.7%10.98246.3%53.1%144.599140.752 2024630202363096.3%20.557 89.8%9.100 •111.3%10.0362022COVID-19 20242023630 2024630202363055.5%72.4212024630 2024630202363062.0%5.392 2023630202463028.0%22.7952023630 20246302023630530496.1%3,18020246307,61020236306,0004,43020236305,470 2024630202363059.7%16.817 20236303.426110.1%20246307.198 53.6%20236301.94820246302.991 202463020236303.5%9.214 20236309.78820246308.38620246305.7%6.7%2024202463020236303,720 20241220246309 20236308.209202463026.855 202463052.1110.8 202463020231231 (1)20202022COVID-1920246302023123120191231COVID-1956.0% 20242023630 202463042.568202363036.917 20246305.6455.652 20236307,730 •2.913 2.140 202463027.074202363069.588 2024630 •58.7312024•8.080•13.196•16.200•203139.060 2023630 •59.500 •9.337 20246 309.787202312319.787 •9.709202312319.709 •40020231231400•602023123160•32020231231320 20246307.0046.80 201951615.07.505.375%20245157.505.875%20265152024202620191115515111520245152024 20206185.005.25%20256182025202012186181218 20213317.504.75%202721202720222 12181 20246265.007.125%20316262031202412266261226 202420262019516U.S. Bank National Association202520272031202061820213312024626Wilmington Savings Fund Society, FSB (1)(2) 101%(1)193413(d)(3)(2)(3)193413(d)(3)50%(4)60%60% 100%101060 201981297.520245152019814 202052623.420245153997.520206297.8031.2 202363020245152026515 202363058.52023123114.846.0202463058.5 2024630110.8 1.625%2.75% 202463045.252.358.5202651520265 1520246 302.25% 4.51.02.51.020219304.501.0020219302.501 COVID-1920202022 2023630202333120241231 50% 202211107.5058.620241110 4.0% 2023629202412312023629 58.6202432020236294,3002025331 2520242023630 20242023630 202463012,7462023123111,786 •—•—•—•— 2011 2024630 8290.35313.41 20249132024917202410420249172013228 2024630XVXV78352 (1)(2)Grand Paradise Macau Limited(3)3,355,200(4)30,000,000(5)B97.4%15%B1 (6)2005(7)Emerging Corporate Limited(8)William Joseph Hornbuckle31,361(9)William Joseph Hornbuckle280,868(10)William Joseph Hornbuckle47(11)William Joseph Hornbuckle450,6961.6(12)William Joseph Hornbuckle461.6(13)(14)William Joseph Hornbuckle(15)John M. McManus62,735(16)John M. McManus8(17)John M. McManus100,7931.6(18)John M. McManus101.6(19)John M. McManus(20)(21)Ameritrade(22)Daniel J. Taylor79,484 (23)Daniel J. Taylor57,337(24)Daniel J. Taylor5,261(25)Daniel J. Taylor3,442(26)Ayesha Khanna Molino17,288(27)Ayesha Khanna Molino18,9601.6(28)Ayesha Khanna Molino11.6(29)Ayesha Khanna Molino(30)Ayesha Khanna Molino(31)Jonathan S. Halkyard15,339(32)Jonathan S. Halkyard64,539(33)Jonathan S. Halkyard5(34)Jonathan S. Halkyard115,3411.6(35)Jonathan S. Halkyard91.6(36)Jonathan S. Halkyard 2024630XV(i)XV78(ii)352(iii) 2024630336 (1)MRIHMGM International, LLCMGM International, LLCMGM International, LLCMRIH2,126,100,001 (2)Grand Paradise Macau LimitedGrand ParadiseMacau Limited474,561,200 2024630XV23336 D2402023D232 20112020 (i) (ii) (iii) 2011 201151120167282017524201120111.16 7112017420201120215102011201120112011 2024630201129,012,788 2020 20205282020201120202020202020202020 202037,528,100 20246302011202066,540,8881.8% 2020380,000,0002020528202010%202020202011331,576,5888.7% 202411258,469,0002024630266,164,300 202030% 20201%17 2020 1.0