Welcome to our dedicated page for Melco Resorts And Entmnt news (Ticker: MLCO), a resource for investors and traders seeking the latest updates and insights on Melco Resorts And Entmnt stock.
Melco Resorts & Entertainment Ltd (MLCO) operates world-class integrated resorts across Asia and Europe, blending premium gaming, luxury hospitality, and entertainment experiences. This page serves as the definitive source for official company announcements and market-relevant developments.
Investors and industry observers will find curated updates including earnings reports, strategic partnerships, property expansions, and operational milestones. Our aggregation ensures timely access to press releases, regulatory filings, and analysis of MLCO's position in the global casino and resort sector.
Key coverage areas include Macau gaming license updates, international expansion efforts, non-gaming revenue initiatives, and leadership changes. Content is organized chronologically for efficient tracking of the company's evolving strategy in this dynamic industry.
Bookmark this page for streamlined monitoring of MLCO's progress in enhancing guest experiences through innovative resort concepts while navigating regulatory landscapes across multiple jurisdictions.
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), 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.
Melco Resorts & Entertainment maintains its leadership position in Macau's culinary scene, securing eight MICHELIN Stars across five restaurants in the MICHELIN Guide Hong Kong & Macau 2025. Jade Dragon at City of Dreams retains its prestigious Three MICHELIN Stars for the seventh consecutive year, while Alain Ducasse at Morpheus maintains Two MICHELIN Stars for the same duration.
Three additional restaurants received One MICHELIN Star each: Pearl Dragon at Studio City, Ying at Altira Macau, and Sushi Kinetsu at City of Dreams. The recognition reinforces Melco's commitment to enhancing Macau's status as a UNESCO-designated Creative City of Gastronomy through exceptional culinary offerings.
Melco Resorts & Entertainment (NASDAQ: MLCO) reported Q4 2024 financial results with total operating revenues of US$1.19 billion, up 9% from US$1.09 billion in Q4 2023. The company posted an operating income of US$97.0 million, compared to a loss of US$94.4 million in Q4 2023.
The company's Adjusted Property EBITDA was US$295.4 million, slightly down from US$303.4 million in Q4 2023. Net loss narrowed to US$20.3 million (US$0.05 per ADS) from US$205.9 million (US$0.47 per ADS) year-over-year.
Key highlights include market share growth in Macau, strong performance at City of Dreams Manila, and solid results from Cyprus operations. The company continued its share repurchase program, buying back approximately 20.7 million ADSs for US$112 million in 2024. Total cash and bank balances stood at US$1.27 billion, with total debt at US$7.16 billion as of December 31, 2024.
Melco Resorts & Entertainment (Nasdaq: MLCO) announced it is exploring strategic alternatives for City of Dreams Manila, its integrated resort facility in the Philippines. The company has engaged CBRE Capital Advisors and Moelis & Company as financial advisors to assist in the evaluation process.
The facility is currently managed and operated by Melco Resorts Leisure (PHP) , a Melco subsidiary, through an operating agreement with PremiumLeisure and Amusement, Inc. The company emphasized that no decision has been made regarding any strategic alternative, and there is no guarantee that this exploration will result in any transaction.
Melco Resorts & Entertainment (Nasdaq: MLCO) has announced it will release its unaudited financial results for Q4 and full-year 2024 on Thursday, February 27, 2025. The release will be followed by a conference call at 8:30 a.m. Eastern Time (9:30 p.m. Singapore Time).
The company, which develops, owns, and operates integrated resort facilities in Asia and Europe, will provide dial-in details and access codes to participants upon registration through their online portal. An audio webcast and replay of the conference call will be available on the company's website.
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