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Studio City International Holdings reported unaudited financial results for the first quarter of 2024, showing total operating revenues of US$150.2 million, a significant increase from US$51.5 million in the first quarter of 2023. The improved results were due to the recovery in inbound tourism and the opening of Studio City Phase 2. Studio City Casino saw a rise in both gross gaming revenues and non-gaming revenues. Adjusted EBITDA rose to US$66.2 million from US$9.1 million in the same period last year.
