Casino resort developer and operator Melco Resorts & Entertainment has reported financial results for July-September 2023. Revenue amounted to $1.02 billion (94.2 billion rubles). By comparison, the operator earned only $241.8 million (22.33 billion rubles) for the same period last year.
Main share their rules in the region.
Melco Chairman and CEO Lawrence Ho noted that Macau’s recovery continued to gain momentum in the third quarter of 2023, especially during the summer months. Ho added: We had a strong performance during the Golden Week in October and saw a solid recovery for the remainder of the month. Revenues in the gaming and non-gaming segments increased, supported by our commitment to investing in world-class entertainment and expanding non-gaming opportunities.
In Macau, Melco Resorts & Entertainment’s most profitable property was City of By July 10, 2023, City of Dreams Mediterranean and Melco’s two other casinos in Cyprus had combined earnings of $53.4 million (4.9 billion rubles).
Note: Bloomberry Resorts Corp earned 1.86 billion Philippine pesos in net profit for the third quarter of 2023.