Monday, October 18, 2021

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Melco Resorts & Entertainment Ltd.

Melco Resorts & Entertainment Limited is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia. The Company currently...

Melco, Wynn rating downgraded due to slow Macau recovery: S&P

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 combines advanced technology with behavioral science to cut plate waste by 35%

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.

Melco Resorts and UM co-organize “Start Young” business case study competition

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 sustainability strategy recognized by PATA and IGA

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 to continue to explore opportunities in Japan

Melco Resorts said it will continue to explore opportunities in Japan after politics upended its efforts to obtain a license in Yokohama.

Melco named best company to work for in Asia

Melco Resorts has been honored as recipient of WeCare HR Asia Most Caring Companies Award 2021 and named among HR Asia’s Best Companies to Work for in Asia 2021.

Melco International posts 9.7% 1H21 revenue increase, boosted by mass

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.

Melco hosts $3 million lucky draw for fully vaccinated staff

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’s Ho sees no major surprises in concession renewal

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.