Melco continues recovery as net income rises to $32.5M in 1Q25

Melco sees strong growth in Macao properties in the first quarter

Melco Resorts & Entertainment has reported significant increases in revenue and earnings across its Macao operations, with City of Dreams leading the charge The post Melco sees strong growth in Macao properties in the first quarter   appeared first on Macao News.

Melco continues recovery as net income rises to $32.5M in 1Q25

Melco saw a significant rise in income for 1Q25, boosted by the recovery in Macau and its improving global footprint. The post Melco continues recovery as net income rises to $32.5M in 1Q25 first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Melco smashes revenue and profit estimates in 1Q25, gains market share on powerful performance of Macau resorts

An impressively strong performance in Macau was enough to see Melco Resorts & Entertainment comfortably beat consensus in 1Q25, with the company reporting a 10.8% year-on-year increase in total operating revenues to US$1.23 billion including a 12.2% rise in gaming revenues to US$1.02 billion. The improved performance, which also saw net income climb to US$28 million and Adjusted EBITDA by 10.2% to US$313 million, was aided by favorable VIP hold …