{"id":777013622,"date":"2024-03-01T08:35:26","date_gmt":"2024-03-01T11:35:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777013622"},"modified":"2026-04-22T12:28:18","modified_gmt":"2026-04-22T15:28:18","slug":"city-of-dreams-manila-posts-revenue-of-us120-5m-for-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-manila-posts-revenue-of-us120-5m-for-q4","title":{"rendered":"City of Dreams Manila posts revenue of US$120.5m for Q4"},"content":{"rendered":"\n<p>Operating revenue at City of Dreams Manila was US$120.5m up from US$95.2m recorded the previous year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-\u00a0<strong>Melco Resorts &amp; Entertainment Limited\u00a0<\/strong>has shared Q4 financial results for<strong>\u00a0City of Dreams Manila<\/strong>. Operating revenue was US$120.5m, up from US$95.2m a year earlier. The casino\u2019s\u00a0adjusted EBITDA was US$48.8m, compared with US$23.6m in the same period of 2022.\u00a0<\/p>\n\n\n\n<p>Rolling chip volume was US$416.5m versus US$940.7m in the fourth quarter of 2022. The rolling chip win rate was 3.97 per cent compared to 1.84 per cent. The mass market table games drop increased to US$198.2m and the mass market table games hold percentage was 29.1 per cent.\u00a0<\/p>\n\n\n\n<p>The gaming machine handle increased from US$1.02bn to US$1.08bn, while the gaming machine win rate increased from 4.7 per cent to 5.3 per cent. Non-gaming revenue grew from US$24.5m to US$US$30.3m.<\/p>\n\n\n\n<p>Chairman and CEO&nbsp;<strong>Lawrence Ho<\/strong>&nbsp;said: \u201cCity of Dreams Manila in the Philippines has continued to show solid growth with significant market share gains in mass table games and slots. City of Dreams Mediterranean in Cyprus continues to be impacted by the conflicts in the region but is starting to show some signs of recovery so far this year.\u201d<\/p>\n\n\n\n<p><strong>See also:<\/strong>&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-posts-income-of-us1-41bn-for-2023\" target=\"_blank\" rel=\"noreferrer noopener\">PAGCOR posts income of US$1.41bn for 2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operating revenue at City of Dreams Manila was US$120.5m up from US$95.2m recorded the previous year.<\/p>\n","protected":false},"author":176,"featured_media":777009898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Melco Resorts & Entertainment Limited reported robust Q4 financial results for City of Dreams Manila, with operating revenue increasing to US$120.5m and adjusted EBITDA reaching US$48.8m, driven by significant market share gains in mass table games and slots. While rolling chip volume declined, win rates improved across gaming verticals, and non-gaming revenue also saw growth. City of Dreams Mediterranean in Cyprus continues to face regional challenges but shows early signs of recovery.","focusai_entities":"Melco Resorts & Entertainment Limited, City of Dreams Manila, City of Dreams Mediterranean, Lawrence Ho, PAGCOR","focusai_location":"Philippines, Manila, Cyprus","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Manila Market Share Drivers","query":"What specific operational or marketing strategies contributed to City of Dreams Manila's significant market share gains in mass table games and slots during Q4?"},{"label":"Cyprus Recovery Outlook","query":"What specific indicators or operational adjustments suggest City of Dreams Mediterranean's recovery, and what is the projected timeline for a return to pre-conflict performance levels?"}],"footnotes":""},"categories":[163,16333],"tags":[19841,23970],"class_list":["post-777013622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-city-of-dreams-manila","tag-melco-resorts-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777013622"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013622\/revisions"}],"predecessor-version":[{"id":777013625,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013622\/revisions\/777013625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777009898"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}