Melco Q3 revenue falls 10.4% to $1.17 billion amid Macau slowdown

Melco Resorts & Entertainment reported a 10.4% year-on-year decline in third-quarter operating revenue to $1.17 billion , as weaker gaming demand in Macau weighed on its performance across rolling chip, mass-market table games, and non-gaming operations. Revenue for the three months ended September 30, 2026, was also down 6.4% from the second quarter. Adjusted Property EBITDA fell 24.4% year-on-year to $287.6 million , while net income declined to $34,000 from $74.7 million a year earlier. At City of Dreams Macau, total gross gaming revenue (GGR) fell 14% year-on-year and 10% sequentially to $633 million.