Melco Resorts and Entertainment Ltd
MLCO
Company Profile
Business description
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 82.5% from Macao with the rest largely from the Philippines as of first-half 2024.
Contact
60 Wyndham Street
38th Floor, The Centrium
Central
Hong Kong
HKGT: +852 25983600
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Resorts & Casinos
Fiscal Year End
31 December 2024
Employees
20,209
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