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 (Nasdaq: MLCO), a developer and operator of integrated resort facilities in Asia and Europe, has announced the release date for its unaudited financial results for the second quarter of 2024. The results will be released on Tuesday, August 13, 2024, followed by a conference call on the same day at 8:30 a.m. Eastern Time (8:30 p.m. Singapore Time).
Interested parties can register for the conference call using the provided Online Registration Link. Upon registration, participants will receive dial-in numbers and a unique Personal PIN to join the call. An audio webcast and replay of the conference call will also be available on the company's website.
Melco Resorts & Entertainment has been honored with the 2024 BEST Award by the Association for Talent Development (ATD), marking its third recognition from the organization. This global accolade celebrates companies achieving enterprise-wide success in talent development. Melco’s unique “Whole Person Development” strategy, focusing on comprehensive career growth beyond traditional classroom training, played a key role in this achievement. Last year, Melco received ATD’s Excellence in Practice Award for its Foundation Acceleration Program and in 2022, it was recognized for its customer service training initiative. In 2023, Melco offered nearly 418,000 seats for over 1,300 courses through its Learning Academy, underscoring its commitment to employee development.
Melco Resorts & Entertainment announced a partnership with John Keells Holdings PLC to develop the 'City of Dreams Sri Lanka', an integrated resort in central Colombo. The project includes a casino license, hotel rooms, retail outlets, and more.
Melco Resorts & Entertainment reported impressive unaudited financial results for the first quarter of 2024, with a significant increase in total operating revenues, operating income, and adjusted property EBITDA compared to the same period in 2023. The positive performance was driven by the recovery in inbound tourism to Macau. Net income also improved, with a shift from a net loss in the first quarter of 2023 to a net income in the first quarter of 2024. The company highlighted various strategic initiatives taken during the period, including management changes, restructuring of sales force, and expansion of retail outlets. Melco's chairman expressed optimism about the company's growth prospects and market leadership in the gaming, entertainment, and leisure sectors.
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