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Melco Resorts and Entertainment Limited  (MLCO)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services
 
Price: $7.1100 $-0.09 -1.250%
Day's High: $7.3 Week Perf: -5.2 %
Day's Low: $ 7.10 30 Day Perf: -20.11 %
Volume (M): 1,889 52 Wk High: $ 14.46
Volume (M$): $ 13,429 52 Wk Avg: $10.22
Open: $7.30 52 Wk Low: $6.62



 Market Capitalization (Millions $) 9,891
 Shares Outstanding (Millions) 1,391
 Employees 23,078
 Revenues (TTM) (Millions $) 1,350
 Net Income (TTM) (Millions $) -1,097
 Cash Flow (TTM) (Millions $) 335
 Capital Exp. (TTM) (Millions $) 492

Melco Resorts And Entertainment Limited

We are a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia and Europe. We currently have three major casino-based operations in Macau, namely, City of Dreams, Altira Macau and Studio City, and non-casino based operations in Macau at our Mocha Clubs. In June 2018, we opened Morpheus, the third phase of City of Dreams in Cotai, Macau. With 1.0 million square feet of hotel space and 0.3 million square feet of podium space, Morpheus houses approximately 770 rooms, suites and villas. In Macau, we are also developing the remaining project for the land of Studio City. We also have a casino-based operation in the Philippines, City of Dreams Manila. We expanded our footprint outside of Asia and into Europe following our acquisition of a 75% equity interest in ICR Cyprus, which owns the City of Dreams Mediterranean development and operates other casinos in Cyprus.

Our current and future operations are designed to cater to a broad spectrum of gaming patrons, from high-stakes rolling chip gaming patrons to gaming patrons seeking a broader entertainment experience. We currently own and operate five Forbes Travel Guide Five-Star hotels in Asia — Altira Macau, Studio City’s Star Tower, Morpheus and Nüwa in both Macau and Manila — and received 19 Forbes Travel Guide Five-Star and three Forbes Travel Guide Four-Star recognitions across our properties. We seek to attract patrons throughout Asia, Europe and, in particular, from Greater China.
In the Philippines, Melco Resorts Leisure, a subsidiary of MRP, currently operates and manages City of Dreams Manila, a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila.



   Company Address: 71 Robinson Road #04-03 Singapore 68895
   Company Phone Number: 8488 9770   Stock Exchange / Ticker: NASDAQ MLCO
   MLCO is expected to report next financial results on March 30, 2024.


Customers Net Income grew by MLCO's Customers Net Profit Margin grew to

33.81 %

12.3 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CZR   -5.71%    
HTHT        2.58% 
IHG   -3.86%    
MAR   -0.87%    
MGM        3.08% 
WYNN   -4.08%    
• View Complete Report
   



Management Announcement

Melco Resorts & Entertainment Leads Macau with Most MICHELIN Stars in 2024 Guide

Published Thu, Mar 14 2024 11:51 AM UTC



Melco Resorts & Entertainment, a prominent casino operator in Macau, has achieved a remarkable feat in the culinary world. The recently released MICHELIN Guide Hong Kong & Macau 2024 has recognized Melco for its exceptional gastronomic offerings, awarding a total of eight MICHELIN stars to five of its restaurants. This accomplishment firmly establishes Melco as the...






 

Melco Resorts And Entertainment Limited's Segments
 
 
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