Studio City International Holdings Limited
MSC
Consumer Discretionary
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Studio City International Holdings Limited (NYSE: MSC) operates Studio City, an integrated casino resort on the Cotai Strip in Macau. The property is majority-owned by Melco Resorts & Entertainment. Studio City Casino generated gross gaming revenues of $342.7 million in Q4 2025 alone, with total operating revenues of $160.3 million for the quarter (net of gaming taxes deducted by the Gaming Operator). Full-year 2025 revenues showed continued growth driven by mass market table games and non-gaming hospitality. The company filed its 20-F for FY2025 on March 13, 2026, confirming 100% of operations are casino gaming and integrated resort entertainment. The company carries $2.03 billion in outstanding debt related to its casino development.
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