Monday, February 26, 2024

Tag: melco resorts

Melco’s Q3 impacted by Covid-19 restrictions in Macau and the Philippines

Melco’s CEO Lawrence Ho explained that “continued travel restrictions and quarantine measures in Macau”, together with the 42-day closure of City of Dreams Manila in the Philippines impacted Melco’s Q3 results.

Melco narrows quarterly loss

Melco resorts Q2 financials
Melco’s CEO Lawrence Ho said it had experienced “a progressive recovery in business levels” in Macau during Q2.

Zhongshan non-gaming development could help Melco’s Macau retender

Zhongshan non-gaming development could help Melco Macau retender
Melco International Development’s project in Zhongshan could benefit Melco Resorts and Entertainment when it rebids for a Macau gaming concession, analysts suggest.

Yokohama continues to attract interest from major international operators

Japan Yokahama
While the casino bribery scandal has come as a further blow to public support for the Liberal Democratic Party’s plans to bring integrated resorts to Japan

Melco delays Cyprus IR opening to late 2021

Melco Cyprus IR
The opening of Melco Resorts’ City of Dreams Mediterranean has been pushed back from mid- 2021 until the end of the year.

Melco aims to commence Studio City Phase Two construction in third quarter 2018

lawrence-ho-melco
Melco Resorts chairman and CEO, Lawrence Ho Yau Lung, has stated that he aims for the company to begin construction of Phase Two of its Studio City integrated resort by the third quarter of this year in order to meet its July 2021 government deadline. The company was granted a three-year extension by the Macau government in February, beyond the...

Melco Resorts celebrates three percent revenue rise with $100m investment

Melco City of Dreams
Melco Resorts has announced $1.31bn in Q118 revenue, up 2.8 percent from the same period in 2017. The casino developer stated the growth was powered by the Macau mass market, alongside outlining $100m of investment in flagship City of Dreams Macau and Studio City. “After several challenging quarters we have started seeing encouraging trends at our flagship property City of Dreams,...

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