Melco saw group-wide GGR fall 40% to US$964 million and Adjusted Property EBITDA decline 82% to US$75 million in 1Q20, with Melco Resorts Finance stating in its performance update that it expects to achieve break-even Adjusted EBITDA upon reaching approximately 35% to 40% of its historical GGR run-rate at City of Dreams, Altira and Mocha Clubs.