{"id":777045682,"date":"2026-08-03T07:28:34","date_gmt":"2026-08-03T10:28:34","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777045682"},"modified":"2026-08-03T08:02:26","modified_gmt":"2026-08-03T11:02:26","slug":"city-of-dreams-sri-lanka-records-positive-ebitda-of-us1-15m-in-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-sri-lanka-records-positive-ebitda-of-us1-15m-in-q2","title":{"rendered":"City of Dreams Sri Lanka records positive EBITDA of US$1.15m in Q2"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Improved hotel performance and continued growth in casino operations supported earnings.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Sri Lanka.- <strong>City of Dreams Sri Lanka<\/strong> generated EBITDA of LKR388.72m (US$1.15m) during the second quarter of 2026. The results, reported by John Keells Holdings (JKH), <strong>Melco Resorts &amp; Entertainment<\/strong>&#8216;s local partner in the integrated resort, represent a dip from the <a href=\"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-sri-lanka-shows-positive-momentum-in-first-full-operational-quarter\" target=\"_blank\" rel=\"noreferrer noopener\">final quarter of 2025<\/a>, the first full quarter of operations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the company, performance was supported by higher occupancy levels and improved average daily room rates across the property&#8217;s hospitality operations, while casino performed was described as \u201csteadily improving\u201d following the <a href=\"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-sri-lanka-opens\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-sri-lanka-opens\" target=\"_blank\" rel=\"noreferrer noopener\">resort&#8217;s opening in 2025<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Located in Colombo, the property combines the 687-room Cinnamon Life hotel, the 113-room Nuwa luxury hotel, a casino, retail, dining and entertainment facilities under a 20-year casino operating licence. <\/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\/02\/Goa-casinos-have-paid-more-than-US-175m-in-taxes-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\/indian-gaming-stocks-fall-after-supreme-court-backs-retrospective-28-gst-levy\">Indian gaming stocks fall after Supreme Court backs retrospective 28% GST levy<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Improved hotel performance and continued growth in casino operations supported earnings.<\/p>\n","protected":false},"author":226,"featured_media":777025632,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"City of Dreams Sri Lanka, a joint venture between John Keells Holdings and Melco Resorts & Entertainment, reported LKR388.72m (US$1.15m) EBITDA for Q2 2026. This figure represents a slight dip from Q4 2025, its first full operational quarter, with performance bolstered by improved hotel occupancy and steadily growing casino operations within its integrated resort framework.","focusai_entities":"John Keells Holdings, JKH, Melco Resorts & Entertainment, City of Dreams Sri Lanka, Cinnamon Life hotel, Nuwa luxury hotel","focusai_location":"Sri Lanka, Colombo","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"EBITDA vs. Projections?","query":"How does City of Dreams Sri Lanka's Q2 2026 EBITDA performance compare against initial financial projections and market expectations for its ramp-up phase?"},{"label":"Casino GGR Strategy?","query":"What specific operational and marketing strategies are Melco and JKH implementing to accelerate casino GGR growth and optimize the integrated resort's overall profitability trajectory?"}],"footnotes":""},"categories":[163,16334],"tags":[24611,23632,18488],"class_list":["post-777045682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-asia-news","tag-city-of-dreams-sri-lanka","tag-integrated-resorts","tag-melco-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045682","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777045682"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045682\/revisions"}],"predecessor-version":[{"id":777045695,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045682\/revisions\/777045695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777025632"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777045682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777045682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777045682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}