Melco reports record Cyprus EBITDA as third-quarter group profit nears zero
Melco Resorts & Entertainment reported record quarterly EBITDA for its Cyprus resort and satellite casinos in the three months to 30 September 2026, while group net income fell close to zero. The company’s revenue declined 10% to US$1.17bn, and adjusted net income attributable to it was about US$6.5m, compared with about US$83.7m a year earlier; management attributed about US$14m of lower property EBITDA to poor VIP results in Macau.
Operators and investors can see Cyprus delivered record quarterly EBITDA, but weaker Macau results and poor VIP performance weighed on group profit.