The credit rating of Melco has been downgraded by S&P Global due to the slower-than-expected recovery and ongoing uncertainty due to the Delta variant.
Melco Resorts & Entertainment has successfully cut plate waste in employee dining areas by up to 35 percent, following a study conducted in partnership with Winnow and the London School of Economics.
The University of Macau and Melco Resorts are jointly organizing the first ever 2021 Greater Bay Area Integrated Resort Sustainable Business Case Study Competition.
Melco Resorts & Entertainment has been honored by Pacific Asia Travel Association (PATA) Gold Awards 2021 as winner of the ‘Climate Change Initiative’ category and named ‘Sustainable Resort of the Year’ by International Gaming Awards (IGA) 2021.
Melco Resorts said it will continue to explore opportunities in Japan after politics upended its efforts to obtain a license in Yokohama.
Melco International Development Limited posted a net revenue increase of 9.7% to HK$8.43 billion for 1H21 based on gradual business recovery, particularly of the gaming mass market.
Felix Ng -
Melco Resorts celebrated its milestone of having vaccinated 70 percent of its staff in Macau and Hong Kong by hosting a $3 million (USD 375,000) lucky draw, with three colleagues each winning $1 million (USD 125,000).
Melco Resorts & Entertainment Chairman and CEO Lawrence Ho said he doesn't expect any surprises in Macau's concession renewal process, despite the regulatory crackdown in China that has rattled investor nerves and sent Chinese stocks crashing on Tuesday.