U.S. markets closed

Melco Resorts & Entertainment Limited (MLCO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
19.66+0.77 (+4.08%)
At close: 4:00PM EST

19.66 0.00 (0.00%)
After hours: 4:00PM EST

Full screen
Loading interactive chart...
  • Melco’s pandemic-related efforts for the community led by Lawrence Ho win two accolades at 2020 Industry Community Awards
    GlobeNewswire

    Melco’s pandemic-related efforts for the community led by Lawrence Ho win two accolades at 2020 Industry Community Awards

    Melco’s pandemic-related efforts for the community led by Lawrence Ho win two accolades at 2020 Industry Community Awards Melco volunteers participate in Simple Acts of Kindness to support the local community during the COVID-19 pandemicMACAU, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been named winner of 2020 Industry Community Awards (ICA)’s Community Award – Asia. The award recognizes Melco’s proactive and innovative corporate social responsibility initiatives, especially in its efforts to support the local community through the Company’s Simple Acts of Kindness program. In addition, Melco Chairman & CEO Mr. Lawrence Ho has been awarded ICA’s Outstanding Individual Award for his leadership role in supporting stakeholders, including colleagues and the broader community, during the COVID-19 pandemic. Mr. Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment, said, “These are the most unprecedented times of our generation, and I am thankful for our 7,000 colleague participants for their efforts made for the community through Simple Acts of Kindness – reaching out to more than 1,600 local organizations through over 600 activities since the pandemic began. We will continue to do our part as we work with communities and governments to generate positive impact through collective action. I wish also to thank the organizers on behalf of Melco for these accolades.”Since late-January 2020, Lawrence Ho has led Melco in carrying out a number of supportive initiatives for the community, including: * Deploying nearly 7,000 Melco colleague participants to volunteer in the community during work hours for Simple Acts of Kindness, reaching out to over 1,600 organizations in up to 15 activities per day; * Donating HKD 20 mil (USD 2.6 mil) to support Wuhan and Hubei for the purchase of medical supplies including face masks and hand sanitizers, and to support the community; * Providing jobs to 150 unemployed local persons; * Establishing the Melco & Colleagues Giving Stores in collaboration with Macao Federation of Trade Unions and Fu Hong Society of Macau to provide goods and necessities to the community’s persons in need; * Promoting personal and public hygiene and wellness to the community through online video series in collaboration with local newspaper Macau Daily News; and * Foregoing personal salary for the remainder of 2020 to help ease finances of the company and colleagues.About Melco’s Simple Acts of KindnessIn May, Lawrence Ho deployed the Company’s workforce en masse to support the local community during work hours, encouraging all colleagues to care for the community through ‘Simple Acts of Kindness’. Within 3 months, Melco mobilized almost 7,000 Melco volunteer participants for ‘Simple Acts of Kindness’, contacting over 1,600 organizations to support local NGO community partners including Small & Medium Enterprises (SMEs) and local groups in need, including the elderly, single families, long-term patients and children.About Industry Community Awards (ICA)Hosted by organizers of International Gaming Awards, ICA recognizes outstanding efforts from the gaming and entertainment industry in helping those within the industry and externally within the wider community – supporting colleagues, community members and health workers in fighting a pandemic that has severely impacted communities and livelihoods.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/882582a7-4256-4434-9067-beec06e91826About Melco Resorts & Entertainment LimitedThe Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), an integrated resort hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (“Cyprus Casinos”). Upon the opening of City of Dreams Mediterranean, the Company will continue to operate the satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com.The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.For media enquiries, please contact: Chimmy Leung Executive Director, Corporate Communications Tel: +852 3151 3765 Email: chimmyleung@melco-resorts.com

  • Earnings Update: Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
    Simply Wall St.

    Earnings Update: Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

    Melco Resorts & Entertainment Limited (NASDAQ:MLCO) last week reported its latest third-quarter results, which makes...

  • Melco Resorts & Entertainment Limited (MLCO) Q3 2020 Earnings Call Transcript
    Motley Fool

    Melco Resorts & Entertainment Limited (MLCO) Q3 2020 Earnings Call Transcript

    On the call today are Lawrence Ho; Geoff Davis; Evan Winkler; and our Property Presidents in Macau and Manila and Cyprus. Before we get started, please note that today's discussion may contain forward-looking statements made under the Safe Harbor provision of federal securities law.