MLCO - メルコ・クラウン・エンタ―テインメント （Melco Resorts_Entertainment Limited）

Melco Resorts & Entertainment Limited (NASDAQ:NASDAQ:MLCO) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ETCompany ParticipantsJeanny Kim - Senior Vice President, Group…

Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) reported first quarter 2023 sales growth of 51% Y/Y to $716.5 million Wednesday, missing the consensus of $892.0 million . The increase in total operating revenues was led by improved performance in all gaming segments on COVID-19 restrictions relaxed in Macau. Revenues from Casino rose 52% Y/Y, Rooms increased 60% Y/Y, and Food and Beverage grew 51% Y/Y. The … Full story available on Benzinga.com

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Melco Resorts & Entertainment press release (MLCO): Q1 GAAP EPADS of -$0.18 beats by $0.04.Revenue of $716.48M (+50.9% Y/Y) misses by $121.85M.Melco generated Adjusted…

MACAU, May 10, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) ("Melco" or the "Company"), a developer, owner, and operator of integrated resort facilities in Asia and…

For this column, I will define “hot gaming stocks” as companies in the gambling and video-game sectors that have positive momentum. In the U.S., gambling stocks are generally poised to generate strong results. That’s because America’s gambling hub — Las Vegas — is thriving in every possible way, while online sports betting is also jumping by leaps and bounds. Also worth noting is that the Chinese gambling hub of Macau, where a few American companies own casinos, is waking up from the long slumber it underwent due to the coronavirus pandemic. When it comes to video games, most American companies are struggling since, in general, consumers in the U.S. are devoting a larger share than ever before of their time and money to experiences and a much lower percentage of their time and money than usual to in-home pursuits like video games. In January 2023, for example, total U.S. video game sales fell 5% year-over-year. Consequently, there are not many hot video game stocks in the U.S., and I would not recommend buying any of the stocks of U.S.-based video game producers.

Melco Resorts posted weak results in Q4, but the performance improved sequentially. See what makes MLCO stock a suitable opportunity for long-term investment.

MACAU, March 08, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (the “Company”), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it has entered into a share repurchase agreement with Melco International Development Limited (“MIDL”) and Melco Leisure and Entertainment Group Limited (“Melco Leisure”), a wholly-owned subsidiary of MIDL, pursuant to which the Company will repurchase 40,373,076 of the Company’s ordinary shares from Melco Leisure (the “Transaction”). The aggregate purchase price is US$169,836,073.04, which represents a per share price of approximately US$4.2067 (equivalent to US$12.62 per American depositary share of the Company, each representing three ordinary shares). Closing of the Transaction is subject to the satisfaction of customary conditions. At the closing of the Transaction, the facility agreement with MIDL pursuant to which a US$250.0 million revolving loan facility was granted by the Company as lender to Melco International as borrower will also be terminated following the settlement of all amounts due thereunder by MIDL to the Company.

Melco Resorts is set to capture pent-up travel and gambling demand at its Macau casinos as China moves past the pandemic disruptions. See why MLCO stock is a Buy.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) traded at $14.01 at last check on Monday, March 06, made an upward move of 0.21% on its previous day’s price. Looking at the stock we see that its previous close was $13.98 and the beta (5Y monthly) reads 1.16 with the day’s price range being $13.85 – $14.105. … Melco Resorts & Entertainment Limited (NASDAQ: MLCO) Is Up 0.21% – Is It Capable Of A Rally? Read More »

For this column, I will define “hot gaming stocks” as companies in the gambling and video-game sectors that have positive momentum. In the U.S., gambling stocks are generally poised to generate strong results. That’s because America’s gambling hub — Las Vegas — is thriving in every possible way, while online sports betting is also jumping by leaps and bounds. Also worth noting is that the Chinese gambling hub of Macau, where a few American companies own casinos, is waking up from the long slumber it underwent due to the coronavirus pandemic. When it comes to video games, most American companies are struggling since, in general, consumers in the U.S. are devoting a larger share than ever before of their time and money to experiences and a much lower percentage of their time and money than usual to in-home pursuits like video games. In January 2023, for example, total U.S. video game sales fell 5% year-over-year. Consequently, there are not many hot video game stocks in the U.S., and I would not recommend buying any of the stocks of U.S.-based video game producers.

Melco Resorts posted weak results in Q4, but the performance improved sequentially. See what makes MLCO stock a suitable opportunity for long-term investment.

MACAU, March 08, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (the “Company”), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it has entered into a share repurchase agreement with Melco International Development Limited (“MIDL”) and Melco Leisure and Entertainment Group Limited (“Melco Leisure”), a wholly-owned subsidiary of MIDL, pursuant to which the Company will repurchase 40,373,076 of the Company’s ordinary shares from Melco Leisure (the “Transaction”). The aggregate purchase price is US$169,836,073.04, which represents a per share price of approximately US$4.2067 (equivalent to US$12.62 per American depositary share of the Company, each representing three ordinary shares). Closing of the Transaction is subject to the satisfaction of customary conditions. At the closing of the Transaction, the facility agreement with MIDL pursuant to which a US$250.0 million revolving loan facility was granted by the Company as lender to Melco International as borrower will also be terminated following the settlement of all amounts due thereunder by MIDL to the Company.

Melco Resorts is set to capture pent-up travel and gambling demand at its Macau casinos as China moves past the pandemic disruptions. See why MLCO stock is a Buy.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) traded at $14.01 at last check on Monday, March 06, made an upward move of 0.21% on its previous day’s price. Looking at the stock we see that its previous close was $13.98 and the beta (5Y monthly) reads 1.16 with the day’s price range being $13.85 – $14.105. … Melco Resorts & Entertainment Limited (NASDAQ: MLCO) Is Up 0.21% – Is It Capable Of A Rally? Read More »