{"id":17154,"date":"2021-04-23T14:47:06","date_gmt":"2021-04-23T14:47:06","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17154"},"modified":"2026-04-23T20:08:52","modified_gmt":"2026-04-23T23:08:52","slug":"melco-revenue-to-reach-50-of-2019-levels-in-2021-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/melco-revenue-to-reach-50-of-2019-levels-in-2021-analysts-say","title":{"rendered":"Melco revenue to reach 50% of 2019 levels in 2021, analysts say"},"content":{"rendered":"\n<p>According to Moody&#8217;s, Melco Resorts could reach 100 per cent of pre-pandemic levels by the year 2023 with a better level of profit on its returning business.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-\u00a0<strong>Moody\u2019s Investors Service Inc<\/strong>\u00a0has predicted Melco Resorts and Entertainment&#8217;s revenue will reach\u00a0<strong>only 50 per cent of its pre-pandemic levels<\/strong> this year.<\/p>\n\n\n\n<p>The casino operator&#8217;s <strong>venues in Macau and The Philippines have been heavily affected by<\/strong> the Covid-19 pandemic and resulting restrictions.<\/p>\n\n\n\n<p>According to Moody&#8217;s,\u00a0<strong>Melco Resort&#8217;s margins will surpass pre-pandemic levels\u00a0<\/strong>and improve through 2022 and 2023 due to an expected increase in the proportion of its more profitable mass-market business.<\/p>\n\n\n\n<p>Analysts said Melco Resorts and Entertainment Ltd had &#8220;established operations,<strong>\u00a0high-quality assets and good liquidity buffer<\/strong>\u00a0against the current difficult environment.&#8221;\u00a0<\/p>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-achieves-accreditation-from-responsible-gambling-council\" rel=\"noreferrer noopener\">Melco Resorts<\/a>&nbsp;has recently<strong>&nbsp;received accreditation from the Responsible Gambling Council&nbsp;<\/strong>for its casinos in Macau and the Philippines.<\/p>\n\n\n\n<p>In the third quarter of 2020, <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-sees-85-drop-in-revenue-in-q3\">Melco<\/a> reported an\u00a0<strong>85 per cent drop in revenue<\/strong>\u00a0year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Moody&#8217;s, Melco Resorts could reach 100 per cent of pre-pandemic levels by the year 2023 with a better level of profit on its returning business.<\/p>\n","protected":false},"author":176,"featured_media":17155,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Moody's projects Melco Resorts' revenue to reach 50% of pre-pandemic levels this year, with full recovery by 2023, driven by an improved profit margin from a strategic shift towards the more lucrative mass-market segment. The casino operator's Macau and Philippines venues, despite pandemic impacts, are supported by strong assets and liquidity, alongside recent Responsible Gambling Council accreditation.","focusai_entities":"Moody's, Moody's Investors Service Inc, Melco Resorts, Melco Resorts and Entertainment, Melco Resorts and Entertainment Ltd, Responsible Gambling Council","focusai_location":"Macau, The Philippines","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), compliance_legal (0.8), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Mass Market Profitability","query":"What specific operational adjustments or market dynamics are enabling Melco Resorts to achieve higher profit margins from its mass-market segment post-pandemic compared to pre-pandemic levels?"},{"label":"Liquidity & Debt Structure","query":"Given the 'good liquidity buffer,' how does Melco Resorts' current debt structure and capital expenditure plans align with Moody's projected recovery timeline and profitability improvements?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23907,23906,18488],"class_list":["post-17154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-land-based-casino","tag-macau-casinos","tag-melco-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=17154"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17154\/revisions"}],"predecessor-version":[{"id":17181,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17154\/revisions\/17181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17155"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}