By SectorWire desk ·
Moody's Ratings forecasts Melco Resorts revenue will rise 4.5% to US$5.4bn in 2026. The agency expects Macau gaming market expansion and stable market share to support that growth, with EBITDA forecast at US$1.3bn.
Moody’s expects Macau gaming market expansion and stable market share to support Melco Resorts’ revenue growth.
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The downgrade accompanied a decline in Melco’s shares on above-average trading volume.
Operators recorded monthly revenue growth and higher cumulative receipts despite August’s annual decline.
City of Dreams Manila management is considering entry into the Philippines’ online gaming market.
An online launch could allow Melco to compete alongside Philippine integrated resorts that already offer digital gaming, according to Seaport.