{"id":11160,"date":"2026-08-14T08:59:11","date_gmt":"2026-08-14T08:59:11","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/08\/14\/melco-resorts-q2-net-income-rises-32-percent-despite-lower-revenue\/"},"modified":"2026-08-14T08:59:11","modified_gmt":"2026-08-14T08:59:11","slug":"melco-resorts-q2-net-income-rises-32-percent-despite-lower-revenue","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/08\/14\/melco-resorts-q2-net-income-rises-32-percent-despite-lower-revenue\/","title":{"rendered":"Melco Resorts Q2 Net Income Rises 32 Percent Despite Lower Revenue"},"content":{"rendered":"<div>\n<p>Melco Resorts &#038; Entertainment reported higher Q2 2026 net income even as weaker Macau gaming activity pulled group revenue and property EBITDA lower. Net income attributable to Melco Resorts reached $22.7 million, up 32% year on year.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Q2 revenue fell 6% to $1.25 billion.<\/strong><\/em><\/li>\n<li><em><strong>Adjusted property EBITDA declined 20% to $303.8 million.<\/strong><\/em><\/li>\n<li><em><strong>Cyprus EBITDA climbed 60% while City of Dreams Macau recorded weaker gaming results.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<h2><strong>Macau Weakness Offsets Better Cyprus Results<\/strong><\/h2>\n<p>Lower costs helped Melco Resorts increase net income despite softer revenue. Operating costs and expenses fell to $1.12 billion from $1.20 billion, while operating income edged higher to $127.8 million. Casino revenue declined 5.5% to $1.04 billion.<\/p>\n<p>City of Dreams Macau accounted for much of the pressure. Revenue fell 11% to $632.2 million and adjusted EBITDA dropped to $147.8 million from $225.6 million. Rolling chip volume decreased to $5.16 billion, while the rolling chip win rate fell to 2.71%, below the expected 2.85% to 3.15% range. Mass table drop remained flat at $1.75 billion.<\/p>\n<p>Chairman and CEO Lawrence Ho said:<\/p>\n<p><em>\u201cDespite near-term headwinds that are reflected in our second-quarter results, our priorities continue to be to deepen customer engagement, attract high-quality visitation, and continue investing in our properties to anticipate the changing needs of our guests.\u201d<\/em><\/p>\n<p>Melco is also upgrading City of Dreams Macau. REM, the renovated 330-room former Countdown hotel, has started a phased opening during Q3 2026. Melco previously budgeted about $125 million for the project.<\/p>\n<p>Results outside Macau were more mixed but provided some support. City of Dreams Mediterranean and the Cyprus satellite casinos increased revenue 13% to $82.0 million. Adjusted EBITDA climbed 60% to $19.9 million as mass market table performance improved.<\/p>\n<p>City of Dreams Manila revenue slipped 1% to $97.3 million, yet adjusted EBITDA increased 9% to $30.9 million. Rolling chip volume roughly halved to $342.6 million, although a higher win rate helped offset weaker volume.<\/p>\n<p>Studio City Macau also recorded softer numbers. Revenue fell 4% to $371.5 million and adjusted EBITDA decreased 9% to $95.5 million as mass table activity weakened.<\/p>\n<p>Melco entered Q3 with $1.04 billion in cash and bank balances and $7.05 billion in debt. Available liquidity stood at about $2.80 billion at June 30.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/melco-resorts-q2-net-income-rises-32-percent-despite-lower-revenue\/\">Melco Resorts Q2 Net Income Rises 32 Percent Despite Lower Revenue<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Melco Resorts &#038; Entertainment reported higher Q2 2026 net income even as weaker Macau gaming activity pulled group revenue and property EBITDA lower. Net income attributable to Melco Resorts reached $22.7 million, up 32% year on year. Good to Know Q2 revenue fell 6% to $1.25 billion. Adjusted property EBITDA declined 20% to $303.8 million. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-11160","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/11160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=11160"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/11160\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=11160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=11160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=11160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}