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Melco Resorts and Entertainment Limited warns of sluggish Macau future

February 21, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Macau

The boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly declared that it could take ‘quite a long time’ for the gambling industry in Macau to recover from the negative impacts ...

Melco Resorts and Entertainment Limited inks solar power partnership

Adam Morgan

January 3, 2019

Latest Casino and Gambling News, Casino News, Technology, Macau, Mergers, Acquisitions & Partnerships

Asian casino operator, Melco Resorts and Entertainment Limited, has announced the signing of a deal that will see it partner with a local sustainable energy generation firm in order to launch Macau’s largest so...

New smoking rules come into effect in Macau

Adam Morgan

January 2, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Macau

In Macau, new rules have reportedly come into force that prohibit patrons from smoking tobacco anywhere on a casino floor except in designated airtight ‘lounges’ that must be approved by authorities in line wit...

Trading of shares in City of Dreams Manila operator suspended

Adam Morgan

December 12, 2018

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly announced that the Philippine Stock Exchange has suspended the trading of shares in its Melco Resorts and Entertain...

Melco International Development Limited de-listing Philippines subsidiary

Adam Morgan

September 17, 2018

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly filed a formal request to have its Melco Resorts and Entertainment (Philippines) Corporation subordinate de-listed ...

Six-month net profit rockets at Melco International Development Limited

Adam Morgan

August 28, 2018

Latest Casino and Gambling News, Hong Kong, Economy/Finance

Asian gaming and entertainments giant Melco International Development Limited has released its interim financial results for the six months to the end of June showing an over 154% increase year-on-year in net p...

Macau casino operator being asked to reward employees

Adam Morgan

August 15, 2018

Latest Casino and Gambling News, Economy/Finance, Macau, Labor Relations

In Macau, a group that represents local casino workers has reportedly announced that it has presented a petition to the city’s Chief Executive asking that he pressure Melco Resorts and Entertainment Limited int...

Temporary casino to open in Cyprus on June 28

Adam Morgan

June 11, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Economy/Finance, Cyprus

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly announced that it intends to inaugurate a temporary casino for Cyprus by the end of the month ahead of the envision...

Soon-to-open Morpheus to eschew the use of junket operators

Adam Morgan

May 7, 2018

Latest Casino and Gambling News, Casino News, New Hotels, Macau, Mergers, Acquisitions & Partnerships

Asian casino firm Melco Resorts and Entertainment Limited has reportedly declared that it will not be using junket operators to attract high-rolling players to its soon-to-open Morpheus hotel tower. Accordin...

Melco Resorts and Entertainment Limited rewards successful leadership

Adam Morgan

April 4, 2018

Latest Casino and Gambling News, Economy/Finance, Macau, Philippines

Asian casino giant Melco Resorts and Entertainment Limited has rewarded Lawrence Ho Yau Lung (pictured) for his successful leadership by granting the billionaire businessman a further 531,381 of its restricted ...

Macau recovery helps Melco Resorts and Entertainment Limited

Adam Morgan

February 19, 2018

Latest Casino and Gambling News, Economy/Finance, Macau, Philippines

Asian casino operator Melco Resorts and Entertainment Limited has released its unaudited financial results for 2017 showing that the firm experienced an over 97% increase year-on-year in net annual income to $3...