Earnings ·
Melco Resorts & Entertainment Limited reported unaudited financial results for the second quarter of 2026
MLCOMelco Resorts & Entertainment Ltd
Melco Resorts & Entertainment Limited reported unaudited financial results for the second quarter of 2026. Total operating revenues decreased approximately 6% year-over-year to US$1.25 billion, driven by softer performance in rolling chip and mass market table games as well as non-gaming operations. Operating income rose slightly to US$127.8 million from US$124.7 million in the prior year period. Adjusted Property EBITDA declined to US$303.8 million from US$377.7 million, while net income attributable to Melco Resorts increased to US$22.7 million, or US$0.06 per ADS, compared with US$17.2 million, or US$0.04 per ADS, in the second quarter of 2025. The company also announced that its new hotel, REM, will commence phased opening in the third quarter of 2026. Melco Resorts & Entertainment Limited is a developer, owner, and operator of integrated resort facilities in Asia and Europe.