Saturday, April 20, 2024

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Daily Asia Gaming eBrief: Melco’s revenues rise 224% y-o-y in 4Q23

Melco Resorts & Entertainment witnessed a considerable increase in total operating revenues during the fourth quarter of 2023, reaching $1.09 billion. This bump was attributed to the improved performance across all gaming segments and non-gaming operations.
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The Star situation “unimaginable”, CNY boosts Macau but not ASEAN: Ben Lee

The news that Australia’s The Star Entertainment is facing a second inquiry into whether its Sydney property can hold a casino license is “unimaginable”, considering the recent negotiations over duty rates, says expert Ben Lee.

W Macau at Studio City to open on September 8

The W Macau, a new hotel at Melco Resorts & Entertainment Cotai property Studio City, is scheduled to open on September 8

Your Daily Asia Gaming eBrief: Melco narrows loss on strong Macau performance

Melco has yet to return to profit, despite narrowing its loss in the first quarter, on strong premium mass play driven mostly by its City of Dreams property, even as Studio City further ramps up.

Melco honored with Macau’s top result – receiving seven stars in MICHELIN Guide Hong Kong Macau 2023

Melco Resorts & Entertainment has once more been honored by MICHELIN Guide Hong Kong Macau 2023 with a collective total of seven stars for four of its signature restaurants located across City of Dreams, Studio City and Altira Macau. The achievement designates Melco as one of Macau’s integrated resort operators with the highest number of Michelin-stars.

Macau’s Studio City Phase 2 indoor water park and hotel tower open on April 6th

Melco Resorts and Entertainment’s Studio City Phase 2 schedules its opening of an new indoor water park and Epic Tower, a new hotel tower this Thursday, April 6.

Macau leads Forbes Travel Guide’s rankings in most 5-Star hotels

Macau has stolen the crown from London for the most Five-Star rated hotels, according to Forbes Travel Guide’s latest rankings.

Melco awarded for internal development program

Melco Resorts & Entertainment’s in-house training program has been awarded by the prestigious and globally renowned talent development organization Association for Talent Development (ATD).

Brand-name hotel portfolio not always in casino IR’s favor

Many of Asia’s integrated resorts boast a wide range of hotel options, but does having the big name global brands bring an operator an advantage?

Macau restaurants collect Black Pearl diamond awards

Melco Resorts & Entertainment and Sands China said that restaurants in their resorts have won diamond accolades from the Black Pearl Restaurant Guide.