{"id":777038004,"date":"2026-02-13T12:47:34","date_gmt":"2026-02-13T15:47:34","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777038004"},"modified":"2026-04-21T14:25:02","modified_gmt":"2026-04-21T17:25:02","slug":"melcos-2025-profit-rises-on-strong-gaming-volumes","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melcos-2025-profit-rises-on-strong-gaming-volumes","title":{"rendered":"Melco\u2019s 2025 profit rises on strong gaming volumes"},"content":{"rendered":"\n<p>Improved mass and VIP performance boosts revenues in Macau offset softer results in Manila.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Melco Resorts &amp; Entertainment has reported full-year net income attributable of US$185m, up from US$43.5m in 2024. Operating revenues rose to US$5.16bn, compared with US$4.64bn, while operating income increased to US$600.4m and adjusted property EBITDA to US$1.43bn, supported by higher gaming volumes, margin expansion and steady growth in non-gaming segments.<\/p>\n\n\n\n<p>Macau remained the core earnings driver, with casino revenue climbing to US$4.25bn on the back of stronger visitation, longer stays and higher customer spending.<\/p>\n\n\n\n<p>In the fourth quarter, operating revenues reached US$1.29bn, up around 9 per cent year-on-year, while net income totalled US$60.6m, compared to a <a href=\"https:\/\/focusgn.com\/asia-pacific\/melco-international-reduces-annual-net-loss\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/melco-international-reduces-annual-net-loss\" target=\"_blank\" rel=\"noreferrer noopener\">US$20.3m loss in the same period of 2024<\/a>. Casino revenues for the quarter were S$1.07bn, mainly driven by improved rolling chip and mass table turnover.<\/p>\n\n\n\n<p>City of Dreams Macau continued to lead performance, posting higher gaming revenue and EBITDA growth. Outside Macau, results were mixed. <a href=\"https:\/\/focusgn.com\/asia-pacific\/melco-shelves-city-of-dreams-manila-sale-after-strategic-review\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/melco-shelves-city-of-dreams-manila-sale-after-strategic-review\" target=\"_blank\" rel=\"noreferrer noopener\">City of Dreams Manila<\/a> recorded softer figures amid competitive pressures and broader market headwinds, with quarterly revenue declining to US$100.2m and EBITDA to US$33.1m.<\/p>\n\n\n\n<p>Chairman and CEO<strong> Lawrence Ho<\/strong> said 2025 was a year of \u201cgrowth and recovery,\u201d supported by disciplined cost management and margin expansion.<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/12\/1638455046Wynn-Resorts-CEO-remains-optimistic-about-Macau-gaming-law-changes-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/macau-2025-gdp-up-4-7-as-gaming-and-tourism-drive-strong-q4-rebound'>Macau 2025 GDP up 4.7% as gaming and tourism drive strong Q4 rebound<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Improved mass and VIP performance boosts revenues in Macau offset softer results in Manila.<\/p>\n","protected":false},"author":680,"featured_media":19449,"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 reported substantial full-year 2025 financial growth, with net income reaching US$185m and operating revenues climbing to US$5.16bn, primarily propelled by robust performance in Macau. Stronger visitation, increased customer spending, and improved gaming volumes in Macau effectively offset softer results from City of Dreams Manila, which faced heightened competitive pressures and market headwinds.","focusai_entities":"Melco Resorts & Entertainment, Lawrence Ho, City of Dreams Macau, City of Dreams Manila","focusai_location":"Macau, Manila","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Growth Strategy","query":"What specific strategic initiatives is Melco implementing to sustain Macau's growth trajectory amidst evolving market dynamics and potential regulatory shifts, particularly concerning mass and VIP segments?"},{"label":"Manila Performance Outlook","query":"Given the reported competitive pressures and market headwinds in Manila, what operational adjustments or market diversification strategies are planned to improve City of Dreams Manila's EBITDA and revenue performance?"}],"footnotes":""},"categories":[157,16338],"tags":[24685,257,23970],"class_list":["post-777038004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-gaming-revenue","tag-macau","tag-melco-resorts-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038004","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\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777038004"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038004\/revisions"}],"predecessor-version":[{"id":777038013,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777038004\/revisions\/777038013"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19449"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777038004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777038004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777038004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}