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 Limited (Nasdaq: MLCO) is a developer, owner, and operator of integrated resort facilities in Asia and Europe. The MLCO news stream highlights how the company’s casino and non-gaming operations perform across its portfolio, including City of Dreams, Studio City and Altira Macau, as well as City of Dreams Manila, City of Dreams Mediterranean and related satellite casinos, and City of Dreams Sri Lanka.
News for Melco frequently centers on quarterly earnings releases, where the company reports total operating revenues, operating income, net income attributable to the company, and segment-level Adjusted EBITDA and Adjusted Property EBITDA. These updates break down rolling chip volume, mass market table games drop, gaming machine handle, win rates and non-gaming revenue for each major property, giving investors and observers detailed insight into trends in Macau, the Philippines, Cyprus and Sri Lanka.
MLCO news also covers financing and capital structure developments, such as senior notes offerings by Melco Resorts Finance Limited, conditional cash tender offers for existing notes, redemptions of outstanding debt, and repayments under revolving credit and senior secured facilities. Corporate governance updates, including the appointment of independent non-executive directors and committee roles, appear in the company’s announcements and related Form 6-K filings.
In addition, Melco issues news on strategic and operational changes, such as the planned cessation of operations at Grand Dragon Casino and certain Mocha Clubs in Macau, the reallocation of gaming tables and machines, and the commencement of casino operations and management services at City of Dreams Sri Lanka. The company also reports on sustainability milestones, including achieving 100% cage-free egg sourcing across its global portfolio.
Investors tracking MLCO news can use this page to follow earnings dates, property performance, financing actions and sustainability disclosures that shape the company’s integrated resort business.
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.
Melco Resorts & Entertainment has achieved significant recognition for its sustainability initiatives, securing a place in the S&P Global Sustainability Yearbook 2025 as an 'Industry Mover' in the Casinos & Gaming sector. The company ranked among the top 15% in its industry, joining an elite group selected from 7,690 global companies across 60+ industries.
Additionally, Melco's Studio City Phase 2 development has made history by becoming the first project in Macau to receive a BREEAM 'Excellent' rating for New Construction. This achievement extends to being the first BREEAM certified project in China under the International 2016 New Construction: Bespoke scheme. The development previously won the 'Regional Award, Asia' at the BREEAM Awards in 2021.
Chairman and CEO Lawrence Ho emphasized the company's commitment to sustainability through their 'Above & Beyond' strategy, aiming to demonstrate that business success can align with environmental responsibility.
Melco Resorts & Entertainment has achieved a record-breaking performance in the 2025 Forbes Travel Guide (FTG), securing the highest number of Five-Star awards in both Macau and Asia with a total of 107 stars. The company received three new FTG Five-Star awards across Hotel, Restaurant, and Spa categories, specifically for Studio City's Epic Tower, The Spa at Epic Tower, and Altira Macau's Aurora restaurant.
The company now boasts 19 Five-Star awards across its properties, including multiple recognitions for its hotels (Morpheus, Nüwa, Star Tower, Epic Tower, and Altira Macau), restaurants (including Alain Ducasse at Morpheus and Jade Dragon), and spas (including Morpheus Spa and Altira Spa) in both Macau and Manila locations.
Melco Resorts & Entertainment reported strong Q3 2024 financial results with total operating revenues of US$1.18 billion, up 16% from US$1.02 billion in Q3 2023. Operating income increased to US$138.6 million from US$94.7 million year-over-year. The company achieved net income of US$27.3 million compared to a net loss of US$16.3 million in Q3 2023. Adjusted Property EBITDA rose to US$322.5 million from US$280.6 million. The improved performance was driven by recovery in Macau tourism, better gaming segments, and non-gaming operations. The company repurchased approximately 20.7 million ADSs for US$112 million during the quarter.
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