Melco Resorts And Entmnt Ltd Stock Price, News & Analysis

Melco Resorts Finance (NASDAQ:MLCO), a wholly-owned subsidiary of Melco Resorts & Entertainment, has announced a dual financial transaction: a proposed international offering of senior notes and a conditional cash tender offer for its existing 5.250% senior notes due 2026.

The company is offering to purchase any and all outstanding 2026 notes at US$1,000 per US$1,000 principal amount, with a minimum denomination requirement of US$200,000. The tender offer will expire on September 19, 2025, with settlement expected on September 24, 2025.

The proceeds from the new notes offering will be used to fund the tender offer, cover related fees, potentially redeem any remaining 2026 notes, and for general corporate purposes. The new notes will be offered to qualified institutional buyers in the U.S. under Rule 144A and internationally under Regulation S.

Melco Resorts & Entertainment (NASDAQ:MLCO) reported Q2 2025 results with total operating revenues of US$1.33 billion, up 15% year-over-year. The company achieved operating income of US$124.7 million and Adjusted Property EBITDA of US$377.7 million, showing significant improvement from Q2 2024.

Key highlights include record-setting mass market table games revenue at City of Dreams Macau and Studio City. The company's net income was US$17.2 million (US$0.04 per ADS). City of Dreams posted strong performance with US$710.5 million in operating revenues and US$225.6 million in Adjusted EBITDA. The company also announced the upcoming opening of City of Dreams Sri Lanka on August 1, 2025, marking their entry into South Asia.

Melco Resorts & Entertainment (NASDAQ: MLCO), a leading integrated resort operator in Asia and Europe, has scheduled its Q2 2025 earnings release for Thursday, July 31, 2025. The company will host a conference call at 8:30 a.m. Eastern Time (8:30 p.m. Singapore Time) on the same day.

Participants can register for the conference call through an online registration link, which will provide dial-in numbers, passcode, and a unique Personal PIN. An audio webcast and replay will be available on the company's website.

Melco Resorts & Entertainment (NASDAQ: MLCO) has appointed John Peter Ben Wang as an independent non-executive director effective June 13, 2025. Wang will serve as chairman of the audit and risk committee and join the compensation committee and nominating and corporate governance committee. He qualifies as an audit committee financial expert and previously served as a director at Melco from 2006 to 2016. Wang's experience includes roles as Deputy Chairman at Summit Ascent Holdings and CFO of Melco International Development. He is a chartered accountant with extensive experience in finance, accounting, and investment banking, having qualified with the Institute of Chartered Accountants in England and Wales in 1985. He holds a bachelor's degree in accounting from the University of Kent.

Melco Resorts & Entertainment (NASDAQ: MLCO) has announced strategic operational changes in Macau, with plans to cease operations at Grand Dragon Casino and three Mocha Clubs (Mocha Hotel Royal, Mocha Kuong Fat, and Mocha Grand Dragon Hotel) before the end of 2025. The company will ensure job security by reassigning affected employees to other Melco properties in Macau, maintaining their current job duties. Gaming equipment from these venues will be redistributed to other company locations. Additionally, Melco will seek governmental approvals for three other Mocha Clubs (Mocha Inner Harbour, Mocha Hotel Sintra, and Mocha Golden Dragon) to continue operations beyond December 2025, subject to regulatory compliance.

Melco Resorts & Entertainment (MLCO) has successfully achieved its goal of sourcing 100% cage-free eggs across its global operations by 2025. The initiative, which began in 2020, covers all F&B outlets in Macau, the Philippines, and Cyprus. The company partnered with the Lever Foundation to secure reliable supplies and create economies of scale for the transition.

Cage-free eggs come from hens allowed to roam freely in barns and natural environments, offering improved animal welfare conditions and reduced food safety risks. Research by the European Food Safety Authority indicates that battery cage egg farms have up to 25 times greater risk of salmonella contamination compared to cage-free operations.

The achievement aligns with Melco's broader sustainability strategy focusing on responsible sourcing, environmental restoration, and community impact.

Melco Resorts & Entertainment (NASDAQ: MLCO) reported strong Q1 2025 financial results, with total operating revenues reaching US$1.23 billion, an 11% increase from Q1 2024. Operating income grew to US$144.9 million, while net income rose to US$32.5 million (US$0.08 per ADS). The company's Adjusted Property EBITDA increased to US$341.0 million, up from US$298.8 million year-over-year. City of Dreams led performance with US$658.1 million in revenues and US$195.9 million in Adjusted EBITDA. Macau operations showed strong growth, with record-breaking mass drop numbers, while City of Dreams Manila faced increased competition. The company continued its share repurchase program, buying back approximately 32.3 million ADSs for US$165 million, with US$223 million remaining in the program.

Melco Resorts & Entertainment (Nasdaq: MLCO), an integrated resort operator in Asia and Europe, has scheduled its Q1 2025 unaudited financial results release for May 8, 2025. The announcement will be followed by a conference call at 8:30 a.m. Eastern Time (8:30 p.m. Singapore Time). Interested participants must register in advance through the provided online registration link to receive dial-in details. An audio webcast and replay will be available on the company's website.

Melco Resorts & Entertainment has released its 2024 sustainability report "RISE to go Above & Beyond," highlighting significant environmental and social achievements. The company invested US$582 per employee in training, averaging 38 hours per person, and donated over US$17.42 million to local communities.

Key sustainability highlights include:

• Energy efficiency measures saved 62.5 million kWh annually
• 25,000+ PV panels installed across properties generating 10,000 MWh yearly
• Eliminated 13.2 million single-use plastic bottles through NORDAQ water system
• Achieved 100% cage-free egg sourcing in Manila and Macau operations

The company received notable recognition, including perfect scores for responsible gambling at ten facilities and membership in the S&P Global Sustainability Yearbook 2025. Under CEO Lawrence Ho's leadership, Melco continues to integrate luxury with responsibility, focusing on environmental impact, community support, and responsible gaming practices.