Melco Resorts & Entertainment (NASDAQ: MLCO)
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Melco Resorts & Entertainment Return vs. S&P
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Melco Resorts & Entertainment Company Info
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.
News & Analysis
The best is yet to come for the casino operator.
This embattled casino company has outperformed in 2022. But its long-term future is uncertain.
Investors were delighted to learn that an important source of revenue could be on its way to returning.
The Hong Kong-based casino operator got some promising news on Monday, but economic headwinds produced another down day.
A key tourism statistic gives new hope to the casino operator's shareholders.
Macao's casinos could be in for another extended closure.
Local authorities imposed the first full lockdown in over two years on a casino resort in the Macao enclave.
Having international exposure can be a good thing.
Valuation
Earnings Transcripts
MLCO earnings call for the period ending September 30, 2021.
MLCO earnings call for the period ending June 30, 2021.
MLCO earnings call for the period ending March 31, 2021.
MLCO earnings call for the period ending December 31, 2020.
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