Total operating revenues for the first quarter of 2026 were
Operating income for the first quarter of 2026 was
Melco Resorts’ Adjusted Property EBITDA(1) was
Net income attributable to
Mr.
“In the Philippines, City of Dreams Manila exhibited solid performance despite heightened competition and continued industry headwinds that continued into 2026, with Property EBITDA rising by 24% year-over-year. In
City of Dreams First Quarter Results
For the quarter ended
Rolling chip volume increased to
Mass market table games drop increased to
Gaming machine handle for the first quarter of 2026 was
Total non-gaming revenue at City of Dreams in the first quarter of 2026 was
Studio City First Quarter Results
For the quarter ended
Mass market table games drop was
Gaming machine handle for the first quarter of 2026 was
Total non-gaming revenue at Studio City was
Altira Macau First Quarter Results
For the quarter ended
Mass market table games drop was
Gaming machine handle for the first quarter of 2026 was
Total non-gaming revenue at Altira Macau was
Mocha First Quarter Results
Prior to the fourth quarter of 2025, the Mocha and Other segment included the operations of
Following the government mandated closures in 2025 as described in the prior quarter earnings release, the Mocha segment now includes results for three
Total operating revenues from Mocha were
Gaming machine handle for the first quarter of 2026 was
City of Dreams Manila First Quarter Results
For the quarter ended
City of Dreams Manila’s rolling chip volume was
Mass market table games drop decreased to
Gaming machine handle for the first quarter of 2026 was
Total non-gaming revenue at City of Dreams Manila in the first quarter of 2026 was
City of Dreams Mediterranean and Other First Quarter Results
The Company operates City of Dreams Mediterranean in conjunction with three satellite casinos in
Total operating revenues at City of Dreams Mediterranean and Other for the quarter ended
Rolling chip volume was
Mass market table games drop was
Gaming machine handle for the first quarter of 2026 was
Total non-gaming revenue at City of Dreams Mediterranean and Other in the first quarter of 2026 was
Other Operations
Other Operations include the Company’s casino operations at City of Dreams Sri Lanka, which opened on
Total operating revenues from Other Operations were
Other Factors Affecting Earnings
Total net non-operating expenses for the first quarter of 2026 were
Depreciation and amortization costs of
Adjusted EBITDA for Studio City for the three months ended
Financial Position and Capital Expenditures
Total cash and bank balances as of
Total debt, net of unamortized deferred financing costs and original issue premiums, was
During the quarter ended
Available liquidity, including cash and undrawn revolving credit facilities as of
Capital expenditures for the first quarter of 2026 were
Share Repurchase Program
During the period from
The 2026 Share Repurchase Program permits the Company to purchase up to
Acquisition of Certain Intellectual Property Rights from the
As previously reported, pursuant to a trademark license agreement (the “Trademark License Agreement”), Melco International Development Limited (“Melco International”), as licensor, granted Melco the license to use certain trademarks in certain territories with a term of 10 years commencing from
Melco today announces that it has entered into a sale and purchase agreement with
Entry into the sale and purchase agreement in respect of the Transaction was unanimously approved by the disinterested members of the
Conference Call Information
To join the conference call, please register in advance using the below Online Registration Link. Upon registering, each participant will receive the dial-in numbers, passcode and a unique Personal PIN which can be used to join the conference.
Online Registration Link: https://s1.c-conf.com/diamondpass/10054138-v260p1.html
An audio webcast and replay of the conference call will also be available at http://www.melco-resorts.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the
Non-GAAP Financial Measures
- “Adjusted EBITDA” is net income/loss before interest, taxes, depreciation, amortization, pre-opening costs, development costs, property charges and other, share-based compensation, payments to the Philippine parties under the cooperative arrangement (the “Philippine Parties”), integrated resort and casino rent and other non-operating income and expenses. “Adjusted Property EBITDA” is net income/loss before interest, taxes, depreciation, amortization, pre-opening costs, development costs, property charges and other, share-based compensation, payments to the Philippine Parties, integrated resort and casino rent, Corporate and Other expenses and other non-operating income and expenses. Adjusted EBITDA and Adjusted Property EBITDA, which are non-GAAP financial measures, are presented as supplemental disclosures because management believes they are widely used to measure the performance, and as a basis for valuation, of gaming companies. Management uses Adjusted EBITDA and Adjusted Property EBITDA to measure the operating performance of our segments and to compare the operating performance of our properties with those of our competitors.
The Company also presents Adjusted EBITDA and Adjusted Property EBITDA because they are used by some investors as ways to measure a company’s ability to incur and service debt, make capital expenditures, and meet working capital requirements. Gaming companies have historically reported similar measures as supplements to financial measures in accordance with generally accepted accounting principles, in particular,U.S. GAAP or International Financial Reporting Standards. However, Adjusted EBITDA and Adjusted Property EBITDA should not be considered as alternatives to operating income/loss as indicators of the Company’s performance, as alternatives to cash flows from operating activities as measures of liquidity, or as alternatives to any other measure determined in accordance withU.S. GAAP. Unlike net income/loss, Adjusted EBITDA and Adjusted Property EBITDA do not include depreciation and amortization or interest expense and, therefore, do not reflect current or future capital expenditures or the cost of capital. The Company recognizes these limitations and uses Adjusted EBITDA and Adjusted Property EBITDA as only two of several comparative tools, together withU.S. GAAP measurements, to assist in the evaluation of operating performance.
SuchU.S. GAAP measurements include operating income/loss, net income/loss, cash flows from operations and cash flow data. The Company has significant uses of cash flows, including capital expenditures, interest payments, debt principal repayments, taxes and other recurring and nonrecurring charges, which are not reflected in Adjusted EBITDA or Adjusted Property EBITDA. Also, the Company’s calculation of Adjusted EBITDA and Adjusted Property EBITDA may be different from the calculation methods used by other companies and, therefore, comparability may be limited. The use of Adjusted Property EBITDA and Adjusted EBITDA has material limitations as an analytical tool, as Adjusted Property EBITDA and Adjusted EBITDA do not include all items that impact our net income/loss. Investors are encouraged to review the reconciliation of the historical non-GAAP financial measure to its most directly comparable GAAP financial measure. Reconciliations of Adjusted EBITDA and Adjusted Property EBITDA with the most comparable financial measures calculated and presented in accordance withU.S. GAAP are provided herein immediately following the financial statements included in this press release. - “Adjusted net income/loss” is net income/loss before pre-opening costs, development costs and property charges and other, net of noncontrolling interests and taxes calculated using specific tax treatments applicable to the adjustments based on their respective jurisdictions. Adjusted net income/loss attributable to
Melco Resorts & Entertainment Limited and adjusted net income/loss attributable toMelco Resorts & Entertainment Limited per share (“EPS”), which are non-GAAP financial measures, are presented as supplemental disclosures because management believes they are widely used to measure the performance, and as a basis for valuation, of gaming companies. These measures are used by management and/or evaluated by some investors, in addition to income/loss and EPS computed in accordance withU.S. GAAP, as an additional basis for assessing period-to-period results of our business. Adjusted net income/loss attributable toMelco Resorts & Entertainment Limited and adjusted net income/loss attributable toMelco Resorts & Entertainment Limited per share may be different from the calculation methods used by other companies and, therefore, comparability may be limited. Reconciliations of adjusted net income/loss attributable toMelco Resorts & Entertainment Limited with the most comparable financial measures calculated and presented in accordance withU.S. GAAP are provided herein immediately following the financial statements included in this press release.
About
The Company, with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO), is a developer, owner and operator of integrated resort facilities in
The Company is majority owned by Melco International Development Limited, a company listed on the Main Board of The
For the investment community, please contact:
Senior Vice President, Group Treasurer
Tel: +852 2598 3698
Email: jeannykim@melco-resorts.com
For media enquiries, please contact:
Executive Director, Corporate Communications
Tel: +852 3151 3765
Email: chimmyleung@melco-resorts.com
| Condensed Consolidated Statements of Operations (Unaudited) | |||||||
| (In thousands, except share and per share data) | |||||||
| Three Months Ended | |||||||
| 2026 | 2025 | ||||||
| Operating revenues: | |||||||
| Casino | $ | 1,150,333 | $ | 1,024,412 | |||
| Rooms | 108,454 | 105,139 | |||||
| Food and beverage | 65,778 | 75,548 | |||||
| Entertainment, retail and other | 42,149 | 27,209 | |||||
| Total operating revenues | 1,366,714 | 1,232,308 | |||||
| Operating costs and expenses: | |||||||
| Casino | (729,070 | ) | (662,657 | ) | |||
| Rooms | (39,365 | ) | (35,625 | ) | |||
| Food and beverage | (61,913 | ) | (61,097 | ) | |||
| Entertainment, retail and other | (23,189 | ) | (13,787 | ) | |||
| General and administrative | (179,623 | ) | (154,950 | ) | |||
| Payments to the Philippine Parties | (9,374 | ) | (9,239 | ) | |||
| Pre-opening costs | (291 | ) | (14,041 | ) | |||
| Development costs | (1,022 | ) | (3,424 | ) | |||
| Amortization of land use rights | (4,976 | ) | (5,002 | ) | |||
| Depreciation and amortization | (136,088 | ) | (125,421 | ) | |||
| Property charges and other | (2,828 | ) | (2,195 | ) | |||
| Total operating costs and expenses | (1,187,739 | ) | (1,087,438 | ) | |||
| Operating income | 178,975 | 144,870 | |||||
| Non-operating income (expenses): | |||||||
| Interest income | 992 | 2,876 | |||||
| Interest expense, net of amounts capitalized | (111,818 | ) | (119,506 | ) | |||
| Other financing costs | (1,743 | ) | (2,083 | ) | |||
| Foreign exchange gains, net | 8,839 | 5,602 | |||||
| Other income, net | 2,755 | 600 | |||||
| Total non-operating expenses, net | (100,975 | ) | (112,511 | ) | |||
| Income before income tax | 78,000 | 32,359 | |||||
| Income tax expense | (7,120 | ) | (4,612 | ) | |||
| Net income | 70,880 | 27,747 | |||||
| Net loss attributable to noncontrolling interests | 5,952 | 4,785 | |||||
| Net income attributable to | $ | 76,832 | $ | 32,532 | |||
| Net income attributable to | |||||||
| Basic | $ | 0.066 | $ | 0.026 | |||
| Diluted | $ | 0.065 | $ | 0.026 | |||
| Net income attributable to | |||||||
| Basic | $ | 0.197 | $ | 0.078 | |||
| Diluted | $ | 0.195 | $ | 0.078 | |||
| Weighted average shares outstanding used in net income attributable to | |||||||
| Basic | 1,170,274,674 | 1,249,814,229 | |||||
| Diluted | 1,180,395,607 | 1,252,942,136 | |||||
| Condensed Consolidated Balance Sheets (Unaudited) | |||||||
| (In thousands, except share and per share data) | |||||||
| 2026 | 2025 | ||||||
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and cash equivalents | $ | 942,366 | $ | 1,023,199 | |||
| Accounts receivable, net | 138,964 | 126,405 | |||||
| Receivables from affiliated companies | 2,193 | 887 | |||||
| Inventories | 36,203 | 36,919 | |||||
| Prepaid expenses and other current assets | 77,668 | 81,790 | |||||
| Total current assets | 1,197,394 | 1,269,200 | |||||
| Property and equipment, net | 5,052,271 | 5,157,443 | |||||
| Intangible assets, net | 259,784 | 270,903 | |||||
| 23,324 | 23,490 | ||||||
| Long-term prepayments, deposits and other assets, net | 126,979 | 129,428 | |||||
| Restricted cash | 124,357 | 125,235 | |||||
| Operating lease right-of-use assets | 75,788 | 76,935 | |||||
| Land use rights, net | 536,240 | 545,054 | |||||
| Total assets | $ | 7,396,137 | $ | 7,597,688 | |||
| LIABILITIES AND DEFICIT | |||||||
| Current liabilities: | |||||||
| Accounts payable | $ | 18,601 | $ | 25,910 | |||
| Accrued expenses and other current liabilities | 978,340 | 1,076,150 | |||||
| Income tax payable | 22,746 | 29,208 | |||||
| Operating lease liabilities, current | 16,802 | 18,998 | |||||
| Finance lease liabilities, current | 32,288 | 33,327 | |||||
| Current portion of long-term debt, net | 348,735 | - | |||||
| Payables to affiliated companies | 13,534 | 719 | |||||
| Total current liabilities | 1,431,046 | 1,184,312 | |||||
| Long-term debt, net | 6,324,187 | 6,747,918 | |||||
| Other long-term liabilities | 283,013 | 309,799 | |||||
| Deferred tax liabilities, net | 35,965 | 34,590 | |||||
| Operating lease liabilities, non-current | 76,233 | 76,108 | |||||
| Finance lease liabilities, non-current | 140,225 | 148,590 | |||||
| Total liabilities | 8,290,669 | 8,501,317 | |||||
| Deficit: | |||||||
| Ordinary shares, par value | |||||||
| 1,351,540,382 and 1,351,540,382 shares issued; | |||||||
| 1,164,874,654 and 1,172,055,466 shares outstanding, respectively | 13,515 | 13,515 | |||||
| (369,989 | ) | (356,835 | ) | ||||
| Additional paid-in capital | 2,995,669 | 2,988,714 | |||||
| Accumulated other comprehensive losses | (107,141 | ) | (63,712 | ) | |||
| Accumulated losses | (3,751,452 | ) | (3,828,284 | ) | |||
| (1,219,398 | ) | (1,246,602 | ) | ||||
| Noncontrolling interests | 324,866 | 342,973 | |||||
| Total deficit | (894,532 | ) | (903,629 | ) | |||
| Total liabilities and deficit | $ | 7,396,137 | $ | 7,597,688 | |||
| Reconciliation of Net Income Attributable to | |||||||
| Adjusted Net Income Attributable to | |||||||
| (In thousands, except share and per share data) | |||||||
| Three Months Ended | |||||||
| 2026 | 2025 | ||||||
| Net income attributable to | $ | 76,832 | $ | 32,532 | |||
| Pre-opening costs | 291 | 14,041 | |||||
| Development costs | 1,022 | 3,424 | |||||
| Property charges and other | 2,828 | 2,195 | |||||
| Income tax impact on adjustments | (9 | ) | (243 | ) | |||
| Noncontrolling interests impact on adjustments | (105 | ) | (864 | ) | |||
| Adjusted net income attributable to | $ | 80,859 | $ | 51,085 | |||
| Adjusted net income attributable to | |||||||
| Basic | $ | 0.069 | $ | 0.041 | |||
| Diluted | $ | 0.069 | $ | 0.041 | |||
| Adjusted net income attributable to | |||||||
| Basic | $ | 0.207 | $ | 0.123 | |||
| Diluted | $ | 0.206 | $ | 0.122 | |||
| Weighted average shares outstanding used in adjusted net income attributable to | |||||||
| Basic | 1,170,274,674 | 1,249,814,229 | |||||
| Diluted | 1,180,395,607 | 1,252,942,136 | |||||
| Reconciliation of Operating Income to Adjusted EBITDA and Adjusted Property EBITDA (Unaudited) | |||||||||||||||||||||||||||||||||||
| (In thousands) | |||||||||||||||||||||||||||||||||||
| Three Months Ended | |||||||||||||||||||||||||||||||||||
| City of Dreams | Studio City | Altira | Mocha (3) | City of Dreams | City of Dreams Mediterranean and Other | Other Operations (4) | Corporate and Other | Total | |||||||||||||||||||||||||||
| Operating income (loss) | $ | 155,680 | $ | 55,129 | $ | 1,078 | $ | 3,105 | $ | 21,396 | $ | (4,613 | ) | $ | (4,777 | ) | $ | (48,023 | ) | $ | 178,975 | ||||||||||||||
| Payments to the Philippine Parties | - | - | - | - | 9,374 | - | - | - | 9,374 | ||||||||||||||||||||||||||
| Integrated resort and casino rent (5) | - | - | - | - | 1,536 | - | 1,792 | - | 3,328 | ||||||||||||||||||||||||||
| Pre-opening costs | 257 | 1 | - | - | - | - | 33 | - | 291 | ||||||||||||||||||||||||||
| Development costs | - | - | - | - | - | - | - | 1,022 | 1,022 | ||||||||||||||||||||||||||
| Depreciation and amortization | 56,458 | 55,994 | 770 | 1,051 | 4,780 | 13,472 | 3,208 | 5,331 | 141,064 | ||||||||||||||||||||||||||
| Share-based compensation | 1,545 | 410 | 114 | 41 | 255 | 36 | 23 | 4,142 | 6,566 | ||||||||||||||||||||||||||
| Property charges and other | 417 | 202 | 2,092 | 14 | 44 | 59 | - | - | 2,828 | ||||||||||||||||||||||||||
| Adjusted EBITDA | 214,357 | 111,736 | 4,054 | 4,211 | 37,385 | 8,954 | 279 | (37,528 | ) | 343,448 | |||||||||||||||||||||||||
| Corporate and Other expenses | - | - | - | - | - | - | - | 37,528 | 37,528 | ||||||||||||||||||||||||||
| Adjusted Property EBITDA | $ | 214,357 | $ | 111,736 | $ | 4,054 | $ | 4,211 | $ | 37,385 | $ | 8,954 | $ | 279 | $ | - | $ | 380,976 | |||||||||||||||||
| Three Months Ended | |||||||||||||||||||||||||||||||||||
| City of Dreams | Studio City | Altira | Mocha and Other (3) | City of Dreams | City of Dreams Mediterranean and Other | Other Operations (4) | Corporate and Other (4) | Total | |||||||||||||||||||||||||||
| Operating income (loss) | $ | 137,492 | $ | 38,126 | $ | (2,443 | ) | $ | 5,720 | $ | 13,524 | $ | (472 | ) | $ | (5,449 | ) | $ | (41,628 | ) | $ | 144,870 | |||||||||||||
| Payments to the Philippine Parties | - | - | - | - | 9,239 | - | - | - | 9,239 | ||||||||||||||||||||||||||
| Integrated resort and casino rent (5) | - | - | - | - | 1,684 | - | 1,791 | - | 3,475 | ||||||||||||||||||||||||||
| Pre-opening costs (6) | 8,476 | 155 | - | - | - | - | 3,619 | - | 12,250 | ||||||||||||||||||||||||||
| Development costs | - | - | - | - | - | - | - | 3,424 | 3,424 | ||||||||||||||||||||||||||
| Depreciation and amortization | 49,539 | 56,748 | 527 | 1,027 | 5,358 | 11,998 | - | 5,226 | 130,423 | ||||||||||||||||||||||||||
| Share-based compensation | 1,297 | 338 | 98 | 44 | 216 | 100 | 10 | 4,687 | 6,790 | ||||||||||||||||||||||||||
| Property charges and other | (896 | ) | 1,955 | 1,129 | - | 34 | (14 | ) | - | (13 | ) | 2,195 | |||||||||||||||||||||||
| Adjusted EBITDA | 195,908 | 97,322 | (689 | ) | 6,791 | 30,055 | 11,612 | (29 | ) | (28,304 | ) | 312,666 | |||||||||||||||||||||||
| Corporate and Other expenses (4) | - | - | - | - | - | - | - | 28,304 | 28,304 | ||||||||||||||||||||||||||
| Adjusted Property EBITDA | $ | 195,908 | $ | 97,322 | $ | (689 | ) | $ | 6,791 | $ | 30,055 | $ | 11,612 | $ | (29 | ) | $ | - | $ | 340,970 | |||||||||||||||
| (3) | Mocha and Other segment included the operation of the | |||||||||||||||||||||||||||||||
| (4) | Effective from | |||||||||||||||||||||||||||||||
| (5) | Integrated resort and casino rent represents land rent and variable lease costs to Belle Corporation and casino rent to a subsidiary of John Keells Holdings PLC. | |||||||||||||||||||||||||||||||
| (6) | Certain amounts of pre-opening costs are grouped and reported under the line item Integrated resort and casino rent. | |||||||||||||||||||||||||||||||
| Reconciliation of Net Income Attributable to | |||||||
| Adjusted EBITDA and Adjusted Property EBITDA (Unaudited) | |||||||
| (In thousands) | |||||||
| Three Months Ended | |||||||
| 2026 | 2025 | ||||||
| Net income attributable to | $ | 76,832 | $ | 32,532 | |||
| Net loss attributable to noncontrolling interests | (5,952 | ) | (4,785 | ) | |||
| Net income | 70,880 | 27,747 | |||||
| Income tax expense | 7,120 | 4,612 | |||||
| Interest and other non-operating expenses, net | 100,975 | 112,511 | |||||
| Depreciation and amortization | 141,064 | 130,423 | |||||
| Property charges and other | 2,828 | 2,195 | |||||
| Share-based compensation | 6,566 | 6,790 | |||||
| Development costs | 1,022 | 3,424 | |||||
| Pre-opening costs (6) | 291 | 12,250 | |||||
| Integrated resort and casino rent (5) | 3,328 | 3,475 | |||||
| Payments to the Philippine Parties | 9,374 | 9,239 | |||||
| Adjusted EBITDA | 343,448 | 312,666 | |||||
| Corporate and Other expenses (4) | 37,528 | 28,304 | |||||
| Adjusted Property EBITDA | $ | 380,976 | $ | 340,970 | |||
| Supplemental Data Schedule | |||||||
| Three Months Ended | |||||||
| 2026 | 2025 | ||||||
| Room Statistics: | |||||||
| City of Dreams | |||||||
| Average daily rate (7) | $ | 229 | $ | 218 | |||
| Occupancy per available room | 99 | % | 98 | % | |||
| Revenue per available room (8) | $ | 226 | $ | 213 | |||
| Studio City | |||||||
| Average daily rate (7) | $ | 179 | $ | 169 | |||
| Occupancy per available room | 98 | % | 99 | % | |||
| Revenue per available room (8) | $ | 176 | $ | 166 | |||
| Altira Macau | |||||||
| Average daily rate (7) | $ | 135 | $ | 134 | |||
| Occupancy per available room | 98 | % | 97 | % | |||
| Revenue per available room (8) | $ | 132 | $ | 130 | |||
| City of Dreams Manila | |||||||
| Average daily rate (7) | $ | 148 | $ | 159 | |||
| Occupancy per available room | 96 | % | 95 | % | |||
| Revenue per available room (8) | $ | 142 | $ | 150 | |||
| City of Dreams Mediterranean and Other | |||||||
| Average daily rate (7) | $ | 415 | $ | 358 | |||
| Occupancy per available room | 41 | % | 57 | % | |||
| Revenue per available room (8) | $ | 171 | $ | 206 | |||
| Other Information: | |||||||
| City of Dreams | |||||||
| Average number of table games | 448 | 430 | |||||
| Average number of gaming machines | 808 | 627 | |||||
| Table games win per unit per day (9) | $ | 18,924 | $ | 18,259 | |||
| Gaming machines win per unit per day (10) | $ | 692 | $ | 508 | |||
| Studio City | |||||||
| Average number of table games | 253 | 253 | |||||
| Average number of gaming machines | 964 | 797 | |||||
| Table games win per unit per day (9) | $ | 14,619 | $ | 13,320 | |||
| Gaming machines win per unit per day (10) | $ | 468 | $ | 458 | |||
| Altira Macau | |||||||
| Average number of table games | 32 | 37 | |||||
| Average number of gaming machines | 287 | 135 | |||||
| Table games win per unit per day (9) | $ | 11,606 | $ | 7,321 | |||
| Gaming machines win per unit per day (10) | $ | 299 | $ | 310 | |||
| Mocha and Other (3) | |||||||
| Average number of table games | - | 15 | |||||
| Average number of gaming machines | 425 | 855 | |||||
| Table games win per unit per day (9) | $ | - | $ | 6,894 | |||
| Gaming machines win per unit per day (10) | $ | 403 | $ | 288 | |||
| City of Dreams Manila | |||||||
| Average number of table games | 264 | 269 | |||||
| Average number of gaming machines | 2,264 | 2,273 | |||||
| Table games win per unit per day (9) | $ | 2,862 | $ | 2,399 | |||
| Gaming machines win per unit per day (10) | $ | 249 | $ | 250 | |||
| City of Dreams Mediterranean and Other | |||||||
| Average number of table games | 107 | 106 | |||||
| Average number of gaming machines | 920 | 887 | |||||
| Table games win per unit per day (9) | $ | 3,445 | $ | 3,093 | |||
| Gaming machines win per unit per day(10) | $ | 382 | $ | 372 | |||
| (7) | Average daily rate is calculated by dividing total room revenues including complimentary rooms (less service charges, if any) by total occupied rooms including complimentary rooms | ||||||||
| (8) | Revenue per available room is calculated by dividing total room revenues including complimentary rooms (less service charges, if any) by total rooms available | ||||||||
| (9) | Table games win per unit per day is shown before discounts, commissions, other incentives and allocating casino revenues related to goods and services provided to gaming patrons on a complimentary basis | ||||||||
| (10) | Gaming machines win per unit per day is shown before other incentives and allocating casino revenues related to goods and services provided to gaming patrons on a complimentary basis | ||||||||
