Welcome to our dedicated page for Studio City International Holdings news (Ticker: MSC), a resource for investors and traders seeking the latest updates and insights on Studio City International Holdings stock.
Studio City International Holdings Limited (MSC) operates a premier integrated resort in Macau, combining casino gaming, luxury hospitality, and cinematic-themed entertainment. This page serves as the definitive source for verified corporate announcements, financial disclosures, and strategic developments.
Investors and industry observers will find timely updates on earnings reports, facility expansions, and partnership agreements. Our curated news feed prioritizes operational milestones across MSC's gaming floors, hotel operations, and signature attractions like the figure-8 Ferris wheel.
The resource aggregates press releases covering market expansions, management changes, and regulatory compliance updates. Content is organized to highlight material developments while maintaining strict adherence to factual reporting standards.
Bookmark this page for streamlined access to MSC's evolving business narrative. Regular updates ensure stakeholders remain informed about this entertainment complex's position within Macau's dynamic tourism economy.
Studio City International Holdings (NYSE: MSC), a world-class integrated resort in Cotai, Macau, has announced the release date for its second quarter 2024 unaudited financial results. The company will disclose its financial performance on Tuesday, August 13, 2024.
This announcement serves as a heads-up for investors and analysts interested in Studio City's financial health and operational performance. The upcoming earnings release will provide important insights into the company's performance during the second quarter of 2024, potentially influencing stock price movements and investor sentiment.
Melco Resorts & Entertainment's Studio City has been recognized by UNESCO's Prix Versailles as one of the World's Most Beautiful Hotels. The award was given to W Macau – Studio City, a USD 1.2 billion development designed by Zaha Hadid Architects. This marks the third time Melco has received this honor since 2019, showcasing its dedication to creating culturally significant landmarks. The award highlights the hotel’s innovative architecture and commitment to sustainability, aligning with Macau's growth as a global leisure and tourism hub.
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.
FAQ
What is the current stock price of Studio City International Holdings (MSC)?
What is the market cap of Studio City International Holdings (MSC)?
