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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

MACAU, April 28, 2021 (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 reported its unaudited financial results for the first quarter of 2021.

Melco Announces Unaudited First Quarter 2021 Earnings

Highlighting leadership commitment to the Company's promotion and enhancement of Responsible Gaming processes and safeguards Highlighting leadership commitment to the Company's promotion and enhancement of Responsible Gaming processes and safeguards

Melco becomes first in Macau and the Philippines to receive esteemed third-party Responsible Gaming accreditation RG Check

Melco's sustainability strategy and contribution towards Company's carbon neutral and zero waste goals are recognized by trusted mark of sustainability Melco's sustainability strategy and contribution towards Company's carbon neutral and zero waste goals are recognized by trusted mark of sustainability

Studio City Phase 2 wins BREEAM Awards 2021 regional accolade

Las Vegas Sands

Wynn Resorts

And next month gambling revenue should skyrocket from the year-ago period.

Macao Casino Revenue Jumps 58% in March

Boyd Gaming

Churchill Downs

Caesars Entertainment

DraftKings

FuboTV

MGM Resorts

Penn Entertainment

Spanning the gamut of casinos, online gambling, and sports betting.

The 10 Largest Gambling Stocks of 2021

New project progression video unveiled New project progression video unveiled

City of Dreams Mediterranean advances to open in Summer 2022

Yet the situation is as dire as ever in China's gambling district.

Macao Gambling Revenue Spikes 136% in February

Elys Game Technology, Corp.

Golden Nugget Online Gaming

NEW YORK, Feb. 26, 2021 /PRNewswire/ -- Sports fans across the nation in Canada rang out with joy at the announcement of the House of Commons passing of Bill C-218, potentially putting an end to a decades-long prohibition on single-event sports betting. With just a few more hurdles left...

Single-Event Sports Betting Bill Could Make Way for More Global Markets

Melco Resorts & Entertainment (MLCO) CEO Lawrence Ho on Q4 2020 Results - Earnings Call Transcript

MACAU, Feb. 25, 2021 (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 reported its unaudited financial results for the fourth quarter and full year ended December 31, 2020.

Melco Announces Unaudited Fourth Quarter 2020 Earnings

But China still needs to lift e-visa restrictions before a rebound can really begin.

Macao Casino Hopes Rise After Travel Quarantine Policy Lifted

Entire property portfolio receives top tier recognition Altira Macau celebrates 12th consecutive year as Five-Star award recipient

Melco honored 97 Stars by 2021 Forbes Travel Guide – leading among Macau & Asia's integrated resort operators

But that's almost 3% better than it was in December.

Macao Gambling Revenue Was Down 63% in January

Highlighting the expansion project's targeted sustainability strategy and contribution towards achieving Melco's carbon neutral and zero waste goals Highlighting the expansion project's targeted sustainability strategy and contribution towards achieving Melco's carbon neutral and zero waste goals

Studio City Phase 2 shortlisted for BREEAM Awards 2021

Clover Health Investments

Century Casinos

Canoo

International Game Technology

Social Capital Hedosophia Holdings Corp. VI

Rocket Companies, Inc.

This week, Joe Biden will be inaugurated as the 46th president of the United States. While there concerns about riskier assets, including stocks under $20, heading into Election Day, it's clear markets are at peace with the idea of a Biden presidency.

7 Great Sub-$20 Stocks to Buy After Inauguration Day

Hexcel

Nuance Communications

Carrols Restaurant Group

A toxic stock is basically one that trades at a price not supported by its fundamental strength. Identifying toxic stocks is imperative in shielding one's portfolio from massive losses.

These 4 Toxic Stocks Could Endanger Your Portfolio

MACAU, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it has priced its international offering of 5.375% senior notes due 2029 (the “Additional Notes”). Melco Resorts Finance is a wholly-owned subsidiary of Melco Resorts & Entertainment Limited (“Melco”).

Melco Resorts Finance Announces Pricing of 5.375% Senior Notes Offering

MACAU, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited (“Melco Resorts Finance”) announces that it proposes to conduct an international offering of 5.375% senior notes due 2029 (the “Additional Notes”), the net proceeds from which, together with cash on hand if applicable, will be used for repayment of the principal amount drawn under the revolving credit facility under the senior facilities agreement entered into by MCO Nominee One Limited, a subsidiary of Melco Resorts Finance, on April 29, 2020, together with accrued interest and associated costs, and any remaining balance for general corporate purposes. Melco Resorts Finance is a wholly-owned subsidiary of Melco Resorts & Entertainment Limited (“Melco”).

Melco Resorts Finance Announces Proposed 5.375% Senior Notes Offering

Everi

Gan Ltd

2021 might be a great year to bet on gambling stocks.

Why Your 2021 Resolution Should Be to Buy More Gambling Stocks

Gambling stocks are front and center for many investors these days, but not every company out there is a winner in this risky segment. The post 3 Gambling Stocks to Avoid as the Industry Recuperates From the Virus appeared first on InvestorPlace.

3 Gambling Stocks to Avoid as the Industry Recuperates From the Virus

MACAU, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment is proud to announce that its Forbes Travel Guide Five-Star certified properties including Morpheus at City of Dreams, Star Tower at Studio City, Altira Macau and Nüwa at City of Dreams Manila have become among the first hotels and resorts in the world to achieve the Sharecare Health Security VERIFIED® with Forbes Travel Guide certification. The comprehensive facility verification assures guests can book with confidence at properties with appropriate health and safety procedures in place. The Sharecare VERIFIED® with Forbes Travel Guide achievement is based on a property's compliance with expert-validated best practices to minimize the risk and impact of COVID-19 and potential future public health events.

Melco properties in Macau and the Philippines among first in the world to achieve health security verification from Sharecare and Forbes Travel Guide

Realizing commitment towards the elimination of single-use plastic and the promotion of circular economy across global operations Realizing commitment towards the elimination of single-use plastic and the promotion of circular economy across global operations

Melco announces adoption of revolutionary water refill system in resort guest rooms to save 14.8 million plastic bottles annually

On the face of it, Melco Resorts looks like a stock to avoid. However, blame for its less-than-stellar performance in 2020 can largely be laid at the feet of COVID-19.

Melco Resorts: A Risky Bet, But Potentially A Rewarding One

MACAU, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment, a global leader in premium integrated resorts, announces that it will be rolling out Winnow Vision, an Artificial Intelligence (A.I.)-powered product to tackle food waste across its properties. Driven by Melco's strong focus around environmental sustainability, an initial six-month trial has shown excellent results in the Company's flagship property, City of Dreams Macau, with:

Melco embraces Artificial Intelligence to lead the charge against food waste in Macau

The recovery in Macao's gambling revenue isn't coming as quickly as hoped.

News for Melco Resorts and Entertainment Stock (MLCO)