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.

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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.

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MACAU, Feb.  06, 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 announces that due to the impact of the coronavirus epidemic, including the severe drop in tourism in Asia to Integrated Resort (IR) facilities in the region, and the recent decision by the Macau SAR government to close all casinos in Macau, Melco has taken the decision to reassess all non-core investments to be made in 2020.

Melco to Focus on Core Operations as a Result of Global Health Emergency and Impact of Restrictions on Visitor Travel to Macau

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The 15-day suspension could be extended, depending on the severity of the outbreak.

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The post 3 Big Stock Charts for Friday: Lyft, HD Supply, and Melco Resorts & Entertainment appeared first on InvestorPlace.

3 Big Stock Charts for Friday: Lyft, HD Supply, and Melco Resorts & Entertainment

Hong Kong-listed gaming stocks took a beating on Wednesday as official data showed mainland visitor arrivals to Macao plummeting during the Lunar New Year holiday period.

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Shares of casino operators with heavy exposure to China are taking a broad beating in premarket trading Monday, as the rapid spread of the deadly coronavirus out of Wuhan, China has led to travel bans.

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The post Alibaba, Luckin Coffee, Other China Stocks Pressured As Coronavirus Crisis Deepens appeared first on Investor's Business Daily.

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Attaining one the country’s highest scores among disclosing companies for environmental impact management upon first ever year of participation Attaining one the country’s highest scores among disclosing companies for environmental impact management upon first ever year of participation

Melco recognized by global environmental disclosure system CDP as one of China’s leading companies in Sustainability

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The Chinese government is looking to diversify Macau's economy, which could benefit the casino operator in the long run.

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It was the first drop in annual gambling revenue in two years.

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First integrated resort and hotel in Macau & Hong Kong to receive ISO 41001:2018 First integrated resort and hotel in Macau & Hong Kong to receive ISO 41001:2018

Melco announces single-use plastics reduction progress and achievement of global standards for sustainable energy and facilities management

Melco Resorts & Entertainment sees its Relative Strength Rating reach the 80-plus level.
The post Stock Upgrades: Melco Resorts & Entertainment Shows Rising Relative Strength appeared first on Investor's Business Daily.

Stock Upgrades: Melco Resorts & Entertainment Shows Rising Relative Strength

Mainland China, a primary contributor to the Macau's gaming revenues, will benefit from increase in daily limit on money transfer from Macau to Mainland China.

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Gaming stocks Wynn Resorts, Las Vegas Sands, MGM Resorts and Melco Resorts & Entertainment got a boost on the stock market after China moved to raise the Macau money transfer limit.

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News for Melco Resorts and Entertainment Stock (MLCO)