Summary
Melco Resorts & Entertainment has posted impressive first-quarter results for 2025, exceeding expectations with a 10.8% increase in total revenues to US$1.23 billion. The rise in gaming revenues by 12.2% to US$1.02 billion reflects a robust performance across its Macau operations, notably in both the mass and VIP segments. Overall, net income reached US$28 million, alongside a 10.2% boost in Adjusted EBITDA to US$313 million.
Key Points
- Melco’s market share in Macau increased from 14.7% to 15.7% in 1Q25.
- Total GGR for City of Dreams Macau rose 18% year-on-year to US$735 million.
- Studio City reported its best quarter since the pandemic, with GGR climbing to US$336 million.
- VIP revenues at City of Dreams rose 79% year-on-year, driven by a high win rate.
- Results in Manila were mixed, with total GGR down 13% year-on-year to US$109 million.
Why should I read this?
If you’re interested in the gaming and entertainment industry’s recovery, you need to check out Melco’s latest figures. This article dives into how Melco has not only bounced back after tough times but is also snatching more market share in Macau. Perfect if you’re keen to understand the trends shaping the future of gaming in Asia!
