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.

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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.

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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, Dec. 22, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment, a leading global developer, owner and operator of integrated resort facilities, announced today that it has entered into a strategic partnership with Marriott International to bring the W Hotels Worldwide brand to Studio City Phase 2, the thrilling new cinematically-themed entertainment and leisure destination in Macau.

Melco Announces Partnership with Marriott International to Develop The First W Hotel at Studio City Phase Two in Macau

Ashford Hospitality Trust

Booking Hlds

Expedia

Marriott

MGM Resorts

Trip.com

The market is bullish on travel and entertainment despite the rise of omicron.

Why Travel and Entertainment Stocks Bounced Higher on Tuesday

Making Melco the first and only operator to receive Responsible Gaming certification across its global portfolio Making Melco the first and only operator to receive Responsible Gaming certification across its global portfolio

Melco Cyprus becomes first European operator to receive RG Check accreditation

Following two years of headwinds, Macau stocks are likely to outperform in 2022, and Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) is poised to benefit from the easing of travel restrictions and license renewals, according to Morgan Stanley. The Melco Resorts & Entertainment Analyst: Praveen Choudhary upgraded the rating for Melco Resorts & Entertainment from Equal-Weight to Overweight, while raising the price target from $11 to $13.

Morgan Stanley Upgrades Melco Resorts On 2022 Prospects

Wynn Resorts

Las Vegas Sands

Casino stocks are on falling on Monday thanks to recent news of an arrest in Macau connected to the industry and we've got the details. The post Casino Stocks: The Macau Arrest News That Has MGM, WYNN, LVS and MLCO on Red Today appeared first on InvestorPlace.

Casino Stocks: The Macau Arrest News That Has MGM, WYNN, LVS and MLCO on Red Today

AMC Entertainment

Dave & Buster's

Entertainment companies are impacted heavily by COVID-19, and the market is reacting to variant news quickly today.

Why AMC and Entertainment Stocks Are Down Big Today

MACAU, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment, a leading global developer, owner and operator of integrated resort facilities, today held a topping out ceremony and unveiled the design concept for the highly anticipated Studio City Phase 2, scheduled to complete before end of December 2022. The Ceremony was hosted by Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, together with representatives from Melco to celebrate the new start of Studio City.

Melco celebrates construction milestone with Studio City Phase Two topping out ceremony

Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) reported third-quarter FY21 sales of $446.39 million, a 109.7% increase Y/Y. The revenue increase was driven by improved performance in all gaming segments and non-gaming operations due to a year-over-year increase in inbound tourism in Macau.

Travel Restrictions Hit Melco Resorts' Q3 Results; Remains Confident On Pent-Up Demand For Macau

Melco Resorts & Entertainment Limited (MLCO) CEO Lawrence Ho on Q3 2021 Results - Earnings Call Transcript

Melco (MLCO) delivered earnings and revenue surprises of -43.33% and -34.34%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Melco Resorts (MLCO) Reports Q3 Loss, Lags Revenue Estimates

MACAU, Nov. 09, 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 third quarter of 2021.

Melco Announces Unaudited Third Quarter 2021 Earnings

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Melco Resorts (MLCO) Report Negative Q3 Earnings? What You Should Know

Gaming stocks in Las Vegas are hot -- in China, not so much.

Gaming Growth Stocks You Shouldn't Be Betting Big On

Study conducted in partnership with Winnow and the London School of Economics sees post-consumer plate waste cut significantly through nudge communications Study conducted in partnership with Winnow and the London School of Economics sees post-consumer plate waste cut significantly through nudge communications

Melco combines advanced technology with the latest thinking in behavioral science to cut plate waste by 35%

Alibaba

NetEase

Tencent Holdings Limited

Sweeping changes could be coming to Macao integrated resorts.

China Just Blew Up the Casino Market in New Regulatory Crackdown

Senior Macau casino and junket executives met with authorities in the world's biggest gambling hub on Monday seeking details on proposed regulatory changes but received little in the way of clarity.

Macau casino and junket operators seek clarity over new gambling laws

Caesars Entertainment

Macao's government could potentially change the rules of the gambling business next year, and it has investors on edge.

Macao Nightmare: What We Know About the Future of Gambling There

MACAU, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by Pacific Asia Travel Association (PATA) Gold Awards 2021 as winner of the ‘Climate Change Initiative' category and named ‘Sustainable Resort of the Year' by International Gaming Awards (IGA) 2021. The ‘Above and Beyond' sustainability strategy ensures that Melco achieves carbon neutrality and zero waste across all its global resorts by 2030. The influence of these goals extends far beyond the boundaries of Melco's business, inspiring guests to rally around a better, more sustainable future for all. The strategy contributes towards Melco's sustainability focus areas including:

Melco sustainability strategy ‘Above & Beyond' honored by PATA Gold Awards and International Gaming Awards

Melco Resorts And Entertainment (NASDAQ: MLCO) shares are trading lower amid continued weakness in casino names following recent reports of increased government oversight of casinos in the Macau region. Recent reports indicate the government of Macau was planning to hold a review of the gaming sector.

Why Shares Of Melco Dipped Today

The risk of doing business in China has increased immeasurably.

Why Macao Casinos Are Tumbling for a Second Straight Day

Could a second day of losses for a key industry signal trouble ahead?

These 2 Nasdaq Stocks Were Big Losers Wednesday

Stocks like MGM, MLCO, WYNN and LVS are likely to be hurt by tougher Macau casinos rules.

Casino Stocks Fall as China Mulls Tougher Macau Casino Rules

The Macau gambling review will include rules about licenses and a proposal for direct government supervision of casinos.

Casino stocks slide for a 2nd day as China enclave of Macau launches review of gambling industry

Macao is considering more regulations, and initial rules being considered could severely limit the upside for casino stocks.

Why Macao's Casino Stocks Got Crushed Today

Casino stocks are taking a beating on Tuesday and it has to do with negative news out of China concerning the coronavirus. The post Casino Stocks: Why WYNN, LVS, MLCO and MGM Are Taking a Hit Today appeared first on InvestorPlace.

News for Melco Resorts and Entertainment Stock (MLCO)