City of Dreams Mediterranean, the operator of the casino in Fasouri, Limassol, reported $11.8 million in profits for the fourth quarter of 2024.

According to the group's announcement, annual adjusted EBITDA (Earnings Before Income Tax, Depreciation, and Amortization) reached $59.2 million, compared to $47.3 million in the same period of 2023.

As Brief reports, the increase in profits is primarily attributed to the continued expansion of operations following the opening of City of Dreams Mediterranean in mid-2023. This growth led to improved performance in the mass market segment and non-gaming activities.

The rolling chip volume win rate stood at 3.06% in Q4 2024, a significant improvement from -8.85% in Q4 2023. The expected range for this metric is 2.85%-3.15%.

The drop from mass market table games amounted to $126.5 million in Q4 2024, up from $87.6 million in Q4 2023.

Meanwhile, the win rate from mass market table games was 21.8% in Q4 2024, slightly lower than 22.1% in Q4 2023.