- CEO
- Yau Lung
- Full Time Employees
- 22,961
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- The Centrium Hong Kong Hong Kong 00000
- IPO Date
- Dec 19, 2006
- Business
- Melco Resorts & Entertainment Limited is a developer, owner, and operator of integrated casino gaming and entertainment resort facilities primarily in Asia and Europe. Founded in 2004 and headquartered in Central, Hong Kong, the company operates a portfolio of casino resorts that includes City of Dreams Macau, Studio City Macau, Altira Macau, City of Dreams Manila, City of Dreams Mediterranean (Europe's largest casino resort), and City of Dreams Sri Lanka. Its core products and services encompass casino gaming with various table games, slot machines, electronic table games, and VIP gaming rooms; luxury lodging including hotel rooms, suites, serviced apartments, and villas; food and beverage services ranging from casual dining to Michelin-starred restaurants and bars; retail outlets including branded boutiques and duty-free shops; and entertainment offerings such as live performances, concerts, nightclubs, and family entertainment centers. The company also provides MICE (Meetings, Incentives, Conferences, and Exhibitions) facilities with ballrooms, meeting rooms, and event planning services.
In the last 1-2 years, Melco Resorts has strategically shifted its focus towards managing and optimizing gaming operations within its existing resorts, particularly in Macau, rather than pursuing new large-scale property developments to limit capital exposure. It earmarked approximately $415 million in capital expenditure for 2025, with major investments directed towards upgrading facilities at Studio City Macau and expanding the gaming floor and luxury hotel offerings in its joint project in Sri Lanka. The company is also exploring potential development opportunities in other regions such as Japan, Thailand, and the UAE. Additionally, Melco Resorts continues to implement renovation efforts to attract a broader base of high-value customers directly and reduce reliance on external promoters. It is considering strategic options for its City of Dreams Manila property to enhance operational efficiency and profitability.
Melco operates as a subsidiary of Melco International, with a market presence that integrates high-stakes gaming and immersive non-gaming luxury experiences. The company’s product and service offerings target a diverse clientele that includes mass market and VIP gamblers, tourists, business travelers, corporate clients, and local patrons across its geographic footprint. Its venues have received numerous international awards, including recognition for casino design, hospitality, corporate governance, and social responsibility. The integrated resort model underpinning Melco’s operations ensures a comprehensive and consistent entertainment experience across its properties, leveraging strong marketing and customer loyalty programs to sustain long-term growth.
Overall, Melco Resorts & Entertainment continues to focus on expanding its footprint in core markets, optimizing existing assets, and exploring new international ventures while maintaining a balanced approach to capital expenditure and operational excellence.