Melco Resorts & Entertainment ( (MLCO) ) has released its Q2 earnings. Here is a breakdown of the information Melco Resorts & Entertainment presented to its investors.
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Melco Resorts & Entertainment Limited is a developer, owner, and operator of integrated resort facilities in Asia and Europe, known for its diverse gaming and non-gaming offerings. In the second quarter of 2025, Melco reported a total operating revenue of $1.33 billion, marking a 15% increase from the previous year, driven by enhanced gaming and non-gaming operations. The company’s operating income slightly rose to $124.7 million, while its Adjusted Property EBITDA saw a significant boost to $377.7 million from $302.8 million in 2024. However, net income attributable to Melco decreased to $17.2 million from $21.4 million in the same period last year. Key highlights include a 35% year-over-year growth in Macau Property EBITDA and record-setting mass market table games revenue at City of Dreams Macau and Studio City. Despite challenges in the Philippines, Melco is implementing cost-reduction strategies, and City of Dreams Mediterranean in Cyprus showed solid results. The company is optimistic about the upcoming opening of City of Dreams Sri Lanka, marking its first venture in South Asia. Looking ahead, Melco’s management remains confident in its strategic initiatives, aiming for continued growth and improved performance across its properties.