03/08/23 Melco Resorts could generate positive free cash flow in 2023, analyst says The upturn in Macau could enable Melco’s revenue to reach 70-80 per cent of its 2019 level.
11/29/22 Macau’s six casino operators welcome licence tender outcome The existing casino operators have reasserted their commitment to the SAR’s economic diversification and future development.
11/03/22 Melco Resorts posts revenue of US$241.8m for Q3 Melco Resorts has reported that operating revenue for the third quarter declined by 45.8 per cent year-on-year.
09/14/22 Sands China and Melco submit bids for Macau gaming concessions With little competition, analysts predict that Macau’s current six gaming operators will all win new concessions.
09/01/22 Melco Resorts repurchases 85 million shares The company has announced the exercise involved just under 10 million of its ordinary shares and 25 million of its American depositary shares.
08/26/22 Melco’s roadshows generated US$544,516 in revenue for Local SMEs in H1 The company carried out more than 90 roadshows from January to June.
08/24/22 Melco Resorts has 22-month liquidity runway, analysts say A Lucror Analytics report indicates that Melco Resorts & Entertainment Ltd has the best liquidity runway among its peers.
08/19/22 Melco Resorts posts net loss of US$251.5m for Q2 Melco Resorts’ second-quarter net loss increased by 35.4 per cent year-on-year.
05/09/22 Melco Cyprus to launch Mediterranean IR this year despite delays Lawrence Ho, group chairman and CEO, said the City of Dreams Mediterranean integrated resort is still expected to open by the end of this year.
05/06/22 Melco Resorts posts net loss of US$183.3m for Q1 Melco Resorts has shared its financial results for the first quarter of the year 2022, reporting a reduced net loss.
04/13/22 Melco Resorts at risk of being delisted from Nasdaq The company has until May 3 to dispute the United States Securities and Exchange Commission’s identification of its status under the Holding Foreign Companies Accountable Act (HFCAA).
04/11/22 Melco creates voluntary scheme for share options The new options have an exercise price of US$2.4667 per share for eligible employees and other eligible people associated with the company.
04/07/22 Melco International to rearrange share option scheme Melco International says the previously granted share options no longer serve the purpose of providing incentives or rewards to grantees.
02/10/22 Melco reaches average occupancy rate of 70% during Chinese New Year The average occupancy rate of hotels in Macau during the holiday period was 63.8 per cent.
