Nasdaq-listed gaming company Melco Resorts & Entertainment has repurchased nearly 8.33 million shares of its own stock on the open market, with a total investment—excluding expenses—of approximately $44.5 million.

Gaming operator Melco Resorts & Entertainment saw a 22.33 percent rise in its operating revenues for the second quarter of the year, nearing $1.16 billion, led by the continued recovery in Macau – prompting improved performance in both the mass market and non-gaming segments.

Last evening, pop diva Joey Yung once again hearten up the stage and kicked off the grand finale for this year’s Melco Residency Concert Series with the first of 12 elegant encounters at Studio City.

The new Melco Resorts & Entertainment City of Dreams project in central Colombo, Sri Lanka, could benefit from burgeoning wealth and outbound tourism from India, with its casino possibly helping to generate around 50 percent of the property's EBITDA, brokerage Morgan Stanley predicts.

Nasdaq-listed Melco Resorts & Entertainment Limited's $500 million share buyback program accounts for about 15 percent of its market cap, notes UBS in its investment memo released following the company's announcement.

Melco Resorts & Entertainment received an upgrade from Bank of America in a decision said to reflect the gaming operator's strategic investments and market positioning.

Melco Resorts & Entertainment will partner with Our Legacy Creations (OLC) to revive the City of Dreams 'The House of Dancing Water' show.

Melco Resorts & Entertainment and Trip.com Group recently collaborated to host a lavish three-day, two-night trip in Macau for a select group of artists and influencers from Mainland China and Hong Kong.

A debt reduction of some $250 million has helped Melco Resorts & Entertainment to mitigate its refinancing risks and bolster the company's financial stability, says the group's CEO Lawrence Ho in its recent conference call.

Melco has been awarded a 20-year casino license to operate City of Dreams Sri Lanka, in the country’s capital of Colombo.