Melco Resorts & Entertainment Ltd is a global entertainment and hospitality company that operates integrated resorts and casinos. The company was founded in 2004 by Lawrence Ho, the son of Macau casino tycoon Stanley Ho, and it is headquartered in Hong Kong. Melco Resorts is primarily focused on the development, ownership, and operation of casino gaming and entertainment resort facilities in Asia.
Melco Resorts has a strong presence in Macau, known as the "Las Vegas of Asia." The company owns and operates several major integrated resorts in Macau, including City of Dreams, Studio City, and Altira Macau. These resorts offer a wide range of entertainment options, luxury accommodation, fine dining, and world-class casino facilities.
Melco Resorts is also expanding its footprint beyond Macau. The company has ventured into other Asian markets, including the Philippines and Cyprus. It operates the City of Dreams Manila in the Philippines, which features a casino, hotels, and various entertainment venues. In Cyprus, Melco Resorts operates the integrated resort City of Dreams Mediterranean, which is set to become the largest casino resort in Europe.
In addition to its casino and entertainment offerings, Melco Resorts places a strong emphasis on delivering high-quality hospitality services. The company strives to create unique and immersive experiences for its guests, blending entertainment, luxury, and cultural elements. It is committed to offering a diverse range of entertainment options, including live performances, concerts, and other special events.
The company's integrated resorts combine casino gaming with luxurious accommodations, entertainment venues, shopping malls, and dining options. These resorts aim to provide a comprehensive entertainment experience that appeals to a wide range of visitors, from avid gamblers to leisure travelers seeking a luxurious and exciting destination.
Melco Resorts is listed on the NASDAQ Global Select Market, under the ticker symbol "MLCO." The company's shares are also included in the Hang Seng Index, a major stock market index in Hong Kong. As a publicly traded company, Melco Resorts has attracted investment from institutional and retail investors, contributing to its growth and expansion plans.