Tag: Melco
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
Wall Street Bets: Melco Resorts meeting, Entain management changes
J. P. Morgan analyst Joseph Greff Dec. 15 wrote about a recent meeting with Melco Resorts and Entertainment CEO Lawrence Ho and CFO Geoff... more
Melco chief ‘upbeat’ on Macau
For the first time since prior to the pandemic, Melco Resorts & Entertainment CEO Lawrence Ho met with stateside investors. J.P. Morgan... more
Unions demand Cyprus government’s intervention in mass layoffs at Melco’s new City of Dreams integrated resort
The Peo and Sek trade unions representing workers in the hospitality industry, issued a joint statement requesting the intervention of the... more
