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The operator released unaudited results for its Q4 and FY2025 performance on February 4, with many of the figures from its official release matching the preliminary report.
CEO Mark Locke outlines the finer details of the supplier’s $1.2bn media network acquisition alongside revised financial expectations.
The proposed Hard Rock Hotel & Casino San Juan would mark the company’s first integrated resort in Puerto Rico, with construction scheduled to begin in 2026 and opening targeted for 2029.
One-off charges set to weigh on FY25 results, with underlying PBT now expected at AU$21m (US$13.8m).
The company now expects adjusted EBITDA for 2025 to reach at least €195m, exceeding analyst consensus forecasts that ranged between €150m and €187m.
Full-year net revenue edge up 0.2% while Q4 declines 3.7% amid reduced operating revenues.
Full-year revenue rises 8% while Q4 profit declines amid lower B2B contributions.
The operator’s adjusted EBITDAs for both Q4 and FY2025 also represent record highs, increasing 9.6% and 10.4%, respectively, for totals of $51.8m and $180.4m.
The figures are still subject to the completion of MGM Resorts’ financial closing procedures and have yet to be reviewed by the operator’s independent registered public accounting firm.
Chairman Jeremy Kudon joins Global Gaming Insider for a two-part interview, touching on his background in sports betting legalization and the Alliance’s ongoing tax disputes in Chicago.
