Operating revenue was US$109m.
The Philippines.- Melco Resorts & Entertainment Limited has shared the financial results of City of Dreams Manila for the second quarter. Operating revenue was US$109m, down 6.36 per cent year-on-year and down 1.53 per cent sequentially. The casino’s adjusted EBITDA was US$40.5m, down from US$4m in the same period of 2023, mainly due to a softer performance in the mass market table games segment.
Rolling chip volume was US$572.9m compared to US$520.2m in the second quarter of 2023. The rolling chip win rate was 3.19 per cent. The mass market table games drop decreased to US$174.4m but the hold percentage rose to 32.4 per cent.
The gaming machine handle was US$1.04bn and the gaming machine win rate was 4.6 per cent. Non-gaming revenue was US$27.3m (US$28.7m.
