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Melco Resorts & Entertainment Ltd

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  • Sunday, 8 January, 2023
    News in-depthGambling industry
    Casino mecca Macau gambles on becoming a global tourist attraction

    Big Six operators will invest $15bn over 10 years, with more than 90% spent on non-gaming developments

    The Grand Lisboa casino sits in the middle of a Macau skyline picture
  • Tuesday, 2 August, 2022
    Hong Kong casino tycoon considers Macau move to avoid US delisting

    Melco is exploring a loophole as negotiations between Beijing and Washington reach a stalemate

    A picture of Melco chair Lawrence Ho
  • Friday, 15 July, 2022
    LexMacau
    Macau/gaming: casino operators bet on unlikely comeback Premium content

    Recovery is a distant prospect given the twin effects of Covid and China’s bleak economic outlook

    The closed MGM Grand Macau casino and empty streets in Macau
  • Thursday, 29 August, 2019
    Crown Resorts Ltd
    Crown Resorts faces inquiry over fitness to hold Sydney casino licence 

    Australian state regulator to investigate allegations of money laundering and criminality

    A crane towers over the construction site of casino operator Crown Resorts' new resort in Sydney, Australia August 1, 2019. Picture taken August 1, 2019. REUTERS/Byron Kaye
  • Thursday, 30 November, 2017
    Retail & Consumer industry
    Melco promises HQ in Japan if it wins casino licence

    Hong Kong group joins race to exploit 2016 decision to legalise gaming

    Lawrence Ho claims to have been obsessed with Japan since his first visi at the age of five
  • Tuesday, 9 May, 2017
    Travel & leisure industry
    Crown exits Macau casino JV with Melco
  • Wednesday, 22 February, 2017
    Share buybacks
    Crown Resorts announces share buyback, shelves spin off plans after revenues drop
  • Friday, 16 December, 2016
    IPOs
    Crown Resorts shares up after international retreat
  • Thursday, 15 December, 2016
    LexRetail & Consumer industry
    Crown Resorts: no jewels

    Melco stake sale a retreat from gambling group’s international flutter

    (FILES) A file photo taken on February 26, 2010 shows Crown signs displayed on the Crown Casino building in Melbourne. Australian mogul James Packer's Crown Resorts on December 15, 2016 slashed its stake in a Macau joint-venture and shelved plans for a Las Vegas casino in a scaling back of operations to cut debt. The casino operator, reeling from 18 staff being detained in China in October, also said it would scrap a proposal to spin-off global assets. / AFP PHOTO / WILLIAM WESTWILLIAM WEST/AFP/Getty Images
  • Thursday, 15 December, 2016
    Retail & Consumer industry
    Crown Resorts pares global ambitions following China arrests

    Australian casino operator shifts focus back home as revenues slump

    Pedestrians walk past Studio City casino resort, developed by Melco Crown Entertainment Ltd., illuminated at night in Macau, China, on Tuesday, Feb. 16, 2016. Mainland Chinese tourists poured into Macau in greater numbers during the week-long Lunar New Year holiday, even as many shunned neighboring Hong Kong again this year, but gambling revenues extended an almost two-year slump as high-rollers stayed home. Photographer: Xaume Olleros/Bloomberg
  • Thursday, 15 December, 2016
    Corporate spin-offs
    Crown Resorts reduces stake in Macau JV, scraps plans for international spin-off
  • Friday, 9 December, 2016
    Retail & Consumer industry
    Macau denies report of lower limit on ATM withdrawals

    Casino shares jolted by fears of new front in China’s battle to stem capital flight

    A pedestrian walks past signage for the Wynn Macau casino resort, operated by Wynn Resorts Ltd., front, as the Casino Grand Lisboa, operated by SJM Holdings Ltd., center, stands illuminated at night in Macau, China, on Sunday, Dec. 6, 2015. Casino operators in the Chinese gambling hub of Macau saw a 32 percent slump in revenue in November from a year earlier and it's fallen for 18 straight months, data from the city show. Photographer: David Paul Morris/Bloomberg
  • Thursday, 8 December, 2016
    Companies
    Casino operators take a hit on report of Macau ATM limit
  • Monday, 21 November, 2016
    Travel & leisure industry
    Investors bet on Macau casino operators after CS upgrade
  • Thursday, 1 September, 2016
    US equities
    US casino shares rally on Macau lift

    An improvement in gaming revenues send shares of Wynn Resorts and Las Vegas Sands higher

    Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort, operated by Wynn Resorts Ltd., left, as the Casino Grand Lisboa, operated by SJM Holdings Ltd., center, and Wynn Macau casino resort, right, stand illuminated at night in Macau, China, on Sunday, Dec. 6, 2015. Casino operators in the Chinese gambling hub of Macau saw a 32 percent slump in revenue in November from a year earlier and it's fallen for 18 straight months, data from the city show. Photographer: David Paul Morris/Bloomberg
  • Thursday, 16 June, 2016
    Mergers & Acquisitions
    Crown jumps 14% on plan to split casino assets
  • Wednesday, 15 June, 2016
    IPOs
    Crown Resorts announces plan for demerger, property IPO
  • Thursday, 19 May, 2016
    News in-depthUS & Canadian companies
    Macau casinos place bets that China slump is over

    Industry executives say worst effects of China’s economic slowdown are behind them

    A man tries his luck at a wheel of fortune machine at the Global Gaming Expo Asia held in Macau on May 17, 2016. Robot roulette dealers, animated playing cards and a gaming table that shakes its own dice were on show in the gambling hub of Macau as experts forecast a two-year casino revenue downturn could be coming to an end. / AFP PHOTO / AARON TAMAARON TAM/AFP/Getty Images
  • Thursday, 5 May, 2016
    Retail & Consumer industry
    James Packer sells down Macau casino stake

    Australian billionaire cuts exposure to gambling hub amid China slowdown

    James Packer
  • Thursday, 5 May, 2016
    Mergers & Acquisitions
    Crown Resorts rises after cutting Macau stake
  • Monday, 2 May, 2016
    World
    US stocks bounce, casino operators rally
  • Tuesday, 1 March, 2016
    Currencies
    Casino operator boost as revenues decline is stemmed

    US stocks rebound on first trading day in March

  • Thursday, 25 February, 2016
    World
    Crown Resorts shares slide on profit slump
  • Monday, 4 January, 2016
    US equities
    Netflix falls amid US subscriber worries

    Downbeat sentiment on China prompts broad sell-off in equities

    Images of Netflix programs are displayed on a wall at the Netflix Japan office in Tokyo
  • Wednesday, 21 October, 2015
    Retail & Consumer industry
    Investors bet on Batman to rescue Macau

    Hope is that new $2.3bn Studio City casino and theme park will fuel mass-market growth

    Passenger pods sit on Ferris wheels at the construction site of the Studio City casino resort, developed by Melco Crown Entertainment Ltd., in Macau, China, on Wednesday, Aug. 5, 2015. Melco plans to open a $3.2 billion casino in Macau on Oct. 27, joining in a competition to lure Chinese tourists amid an industry downturn that has seen high rollers vanishing. Photographer Xaume Olleros/Bloomberg
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