Melco Resorts and Entertainment

Melco Resorts & Entertainment Ltd. engages in the management and development of casino gaming and entertainment resort facilities. It focuses on the administration of Mocha Clubs, Altira Macau, City of Dreams, Studio City, and City of Dreams Manila. It operates through the following geographical segments: Macau, the Philippines, Cyprus, and Corporate and Other. The company was founded by Yau Lung Ho on March 20, 2003 and is headquartered in Hong Kong.

Earnings data Q1 2021

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Melco Resorts reports solid Q2 earnings, eyes growth opportunities

Melco Resorts and Entertainment delivered strong financial results, navigated operational challenges, and outlined growth opportunities in various regions. The company's focus on enhancing customer experience and optimizing operational efficiency positions it well for future success.

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Melco Resorts & Entertainment Ltd. engages in the management and development of casino gaming and entertainment resort facilities. It focuses on the administration of Mocha Clubs, Altira Macau, City of Dreams, Studio City, and City of Dreams Manila. It operates through the following geographical segments: Macau, the Philippines, Cyprus, and Corporate and Other. The company was founded by Yau Lung Ho in December 2004 and is headquartered in Hong Kong.

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Melco Resorts (MLCO) Q2 Earnings Expected to Decline

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Casino stocks cooled down on Tuesday after big Monday rallies following news that China has lifted quarantine restrictions on travel from the mainland to China’s gambling hub in Macau.

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MACAU, July  07, 2020  (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announced its support of the series of private placement offers announced by Studio City International Holdings Limited (“SCIHL”) on July 7, 2020 of SCIHL’s Class A ordinary shares (“SCIHL Class A Shares”).  Melco also announced that its subsidiary, MCO Cotai Investments Limited (“MCO Cotai”), will purchase all SCIHL Class A Shares offered to it. Melco also indicated MCO Cotai will purchase any and all SCIHL Class A Shares if offered to it by SCHIL if and to the extent there are unsubscribed SCHIL Class A Shares by other offerees under the terms of such private placement offers, such that SCIHL receives no less than US$450 million and up to approximately US$500 million from such private placement offers.

Melco Announces Commitment for Studio City Private Placement Offers

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Delivering positive and substantial results against all stated goals Delivering positive and substantial results against all stated goals

Melco publishes second sustainability strategy report Above & Beyond

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A vaccine will end the pandemic, encouraging travel, and boosting attendance at resorts -- or so the theory goes.

Why Trip.com, Liberty Tripadvisor, and Melco Resorts Stocks All Popped 10% (or More) on Tuesday

Melco Resorts & Entertainment's (MLCO) CEO Lawrence Ho on Q1 2020 Results - Earnings Call Transcript

MACAU, May  14, 2020  (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia and Europe, today reported its unaudited financial results for the first quarter of 2020.

Melco Announces Unaudited First Quarter 2020 Earnings

Decline in traffic due to the coronavirus-induced shutdowns is likely to get reflected in Melco Resorts' (MLCO) first-quarter revenue results.

Melco Resorts (MLCO) to Post Q1 Earnings: What's in the Cards?

Could a recovery be coming to Asia's resorts and casinos?

Why Shares of Melco Resorts Jumped 27.6% in April

It shouldn't be surprising after just several hundred visitors were coming to the city daily.

Gambling Vanishes in Macao as Casinos Suffer 97% Plunge in Revenue

Analysts Estimate Melco Resorts (MLCO) to Report a Decline in Earnings: What to Look Out for

Tourists have all but vanished from the Chinese gambling mecca.

Macao Saw Fewer Than 1,000 People Visit Over Easter Weekend

The Macau-based casino operator is in trouble after brutal new travel restrictions from mainland China.

Will Melco Resorts Survive the Coronavirus Crisis?

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New travel restrictions on tourists and residents could keep resort operators from recovering.

Analysts Predict Macau Casino Revenue May Fall to Zero in April

Macau is likely to record revenue decline in 2020. The coronavirus crisis is hurting the industry in other parts of the world as well.

Betting Takes a Back Seat in Macau on Coronavirus Fears

Macau casinos resume operations after coronavirus-led shutdown. Macau gross revenues in March likely to be down sharply following a steep decrease in February.

Coronavirus Fears Ease in China: Will Macau Gaming Rebound?

Melco Resorts: Asia Gaming Giant Trades Cheap On Nasdaq, Virus In China Ebbs

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The coronavirus outbreak has impacted the Casinos' gross gaming revenue (GGR) in Macau.

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Continues to lead as one of the most sustainable companies in China Continues to lead as one of the most sustainable companies in China

Melco named Best First Time Performer by global environmental disclosure organization CDP

A two-week shutdown may just be the start for Macao's casino companies.

Macao's Casino Stocks Still Have a Lot to Lose As Coronavirus Spreads

Melco Resorts & Entertainment's (MLCO) CEO Lawrence Ho on Q4 2019 Results -Earnings Call Transcript

Melco (MLCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Melco Resorts (MLCO) Earnings Expected to Grow: What to Know Ahead of Q4 Release

The industry has been ordered to close for two weeks, and it could go even longer.

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