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Melco Resorts CEO Lawrence Ho gets $15.2m share incentive

Melco Resorts & Entertainment CEO Lawrence Ho has been granted restricted shares worth $15.2 million as part of the company’s employee incentive plan.

Melco’s Lawrence Ho files for SPAC listing aimed at entertainment, health care industry

A special purpose acquisition company (SPAC) backed by Melco’s Lawrence Ho has applied to raise capital in Hong Kong, becoming the 11th SPAC to do so on the Hong Kong Stock Exchange to date.

Melco’s Lawrence Ho to launch $150m SPAC on NYSE

Melco Resorts & Entertainment Chairman Lawrence Ho is planning to launch a $150 million special purpose acquisition company (SPAC) on the New York Stock Exchange (NYSE).

Melco Intl. grants $10m in shares to Lawrence Ho

Melco International Development said it has granted restricted shares worth just over $10 million to Chairman and CEO Lawrence Ho as an incentive to strive for the improvement of the business.

Lawrence Ho still sees Japan as “best potential new gaming market”

Melco Resorts Chairman and CEO Lawrence Ho told a conference call that he still sees Japan as “the best potential new gaming market globally.”

Melco Resorts 1Q22 EBITDA falls short of expectations

Melco Resorts’ 1Q22 adjusted EBITDA fell short of analyst expectations, as Covid-19 travel restrictions continued to impact operational and financial performance of the company. 

Philippines outlook brighter, though Omicron dashes border reopening

The emergence of the Omicron variant has derailed plans for the Philippines to reopen to international tourism, but operators are looking forward to a brighter 2022 as lockdowns ease and locals resume travelling.

Lawrence Levy resigns as Ainsworth CEO

Ainsworth announced that Lawrence Levy has advised the Company of his intention to resign from the role of CEO.

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). 

Should Beijing’s economic rampage concern Macau?

Melco Resorts & Entertainment Chairman and CEO Lawrence Ho says he’s not expecting any nasty surprises from the upcoming concession renewals in Macau, although stock market investors are not so sure.