Tag: Melco
Melco’s City of Dreams opens in Sri Lanka: ‘Can be to India what Macau is to China’
City of Dreams Sri Lanka, the joint venture between Macau’s Melco Resorts & Entertainment and local developer John Keells Holdings,... more
Melco eyes global casino expansion on new asset-light model
Melco Resorts & Entertainment Ltd. is in talks to expand its brand beyond Macau, with plans to ramp up an asset-light strategy by... more
Melco parent raises US$98 million through rights issue, shareholding of Lawrence Ho slightly lower
Melco International Development Limited, the Hong Kong-listed parent company of Macau concessionaire Melco Resorts, confirmed earlier this... more
Morgan Stanley: Melco and MGM China most likely Macau operators to outperform 2025 EBITDA estimates
An analysis of the 2025 EBITDA forecasts of Macau’s six concessionaires, compared with the realistic growth drivers that can get them... more
Melco says working with potential buyers on bidding process for City of Dreams Manila
Melco Resorts & Entertainment said Thursday that it is currently in discussions with potential buyers of its stake in Philippines... more
Studio City further reduces debt with latest $37.6 million notes repurchase
Studio City Finance Ltd, the operating entity of Melco Resorts & Entertainment’s Studio City integrated resort in Macau, said... more
Melco says benefits clear from increased investment in premium mass customers
Melco Resorts & Entertainment is seeing significant benefit from an increased focus on the premium mass gaming segment, management said... more
Lawrence Ho: Seasonality more than money exchange crackdown behind recent softness in Macau gaming market
Melco Resorts Chairman and CEO Lawrence Ho has played down the impact a recent crackdown by authorities on Macau’s illegal money exchange... more
Moody’s expecting Melco Resorts to reach $1.3 billion in adjusted EBITDA in 2024
The continued recovery of the Macau market should see concessionaire Melco Resorts & Entertainment increase its Adjusted EBITDA to... more
Cyprus: Melco’s City of Dreams Mediterranean integrated resort busy as impact of Israel conflict abates
Melco Resorts & Entertainment’s Cyprus integrated resort, City of Dreams Mediterranean, is on the recovery path after a recent... more
