Melco Resorts & Entertainment Limited - Company Profile

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Melco Resorts & Entertainment Limited: Overview

Melco Resorts & Entertainment Limited (Melco), a subsidiary of Melco Leisure and Entertainment Group Limited, carries out the business of developing, owning and operating casino gaming and entertainment resort facilities. The company, through its subsidiary, Melco Crown Macau, operates city of dreams, an integrated urban entertainment resort; altira macau, a casino and hotel; mocha club, a non-casino-based operations of electronic gaming machines; and studio city project, an integrated gaming, retail, and entertainment resort. It has operations in Hong Kong, the Cayman Islands, China, the British Virgin Islands and the Philippines. Melco is headquartered in Central, Hong Kong.

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Headquarters Hong Kong

Address 36/F The Centrium, 60 Wyndham Street, Central, Hong Kong, 00000


Telephone 852 25983600

No of Employees 20,209

Industry Leisure and Arts

Ticker Symbol & Exchange MLCO (NASD)

Revenue (2022) $3.8B 179.7% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 64.9% (2022 vs 2021)

Market Cap* $2.8B

Net Profit Margin (2022) XYZ 87.4% (2022 vs 2021)

* As of and is in US$
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Products and Services

Services
Operation of Gaming and Entertainment Resorts
Operation of Hotel and Casino
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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.
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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 20,209 20,400 11,300 680 606
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Lawrence Yau Lung Ho Chairman; Chief Executive Officer Executive Board 2016 46
Evan Andrew Winkler Director; President Executive Board 2019 48
Geoffrey Stuart Davis Executive Vice President; Chief Financial Officer Senior Management 2011 54
Stephanie Cheung Chief Legal Officer; Executive Vice President Senior Management 2008 60
Akiko Takahashi Executive Vice President; Chief of Staff to Chairman and Chief Executive Officer Senior Management 2019 69
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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