Melco Resorts & Entertainment Limited - Company Profile
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Melco Resorts & Entertainment Limited (Melco), a subsidiary of Melco International Development Ltd, is a developer, owner, and operator of integrated resort facilities. The company focuses on the development and management of casino-based and non-casino-based entertainment facilities. Its services encompass luxury accommodations, gaming, dining, and entertainment experiences. Melco’s resort properties portfolio includes City of Dreams, Studio City, Altira Macau, City of Dreams Manila, City of Dreams Mediterranean and Mocha Clubs. It has operations across Asia and Europe. Melco is headquartered in Central, Hong Kong.
Products and Services
| Services | Brands |
|---|---|
| Operation of Gaming and Entertainment Resorts | Melco |
| Operation of Hotel and Casino | Mocha Club brand |
| Nuwa Hotel Manila | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In August, the company launched the NORDAQ water purification and bottling solution at its global properties, including Macau, the Philippines and Cyprus. |
| 2022 | New Products/Services | In May, the company launched Super Fun Zone at Studio City. |
| 2021 | Contracts/Agreements | In December, the company entered into a strategic partnership with Marriott International to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau. |
Competitor Comparison
| Key Parameters | Melco Resorts & Entertainment Limited | Galaxy Entertainment Group Ltd | Wynn Macau Ltd | Paradise Entertainment Ltd | Emperor Entertainment Hotel Limited |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | Hong Kong | Macau | Hong Kong | Hong Kong |
| City | Hong Kong | Hong Kong | Macau | Hong Kong | Hong Kong |
| No. of Employees | 21,784 | 21,100 | 11,500 | 760 | 439 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lawrence Yau Lung Ho | Chairman; Chief Executive Officer | Executive Board | 2016 | 48 |
| Evan Andrew Winkler | Director; President | Executive Board | 2019 | 50 |
| Akiko Takahashi | Chief-Staff; Executive Vice President | Senior Management | 2019 | 72 |
| Graham Paul Winter | Chief Legal Officer; Executive Vice President | Senior Management | - | 60 |
| Thomas Jefferson Wu | Director | Non Executive Board | 2006 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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