Melco’s revenues see 9% quarterly growth amid Macau’s industry recovery
The operator reported a 163% quarter-to-quarter rise in adjusted EBITDA. Casino operations made up the vast majority of this past quarter’s revenue, at $478.6 million, up 224.2% year-on-year. Melco said it is “optimistic” on its Macau market outlook, as the region eases travel restrictions.