The Fly | MLCO

Today

Melco Resorts price target lowered by $1.10 at Citi, here's why

MLCO

5:53 AM

Melco Resorts upgraded to Outperform from Hold at CLSA

MLCO

5:33 AM

Over a week ago

Macau reports June casino revenue down 12.1% to 18.52B patacas

Jul 1, 7:17 AM

SpaceX initiation, Apple downgrade among today's top calls on Wall Street

+12

Jun 22, 9:30 AM

Melco Resorts just downgraded at Morgan Stanley, here's why

MLCO

Jun 22, 4:47 AM

Melco Resorts downgraded to Hold from Accumulate at CLSA

MLCO

Jun 5, 9:29 AM

Macau reports May casino revenue up 6.7% to 22.61B patacas

Jun 1, 7:08 AM

Macau reports March casino revenue up 5.5% to 19.89B patacas

May 1, 6:48 AM

What You Missed On Wall Street On Thursday

+24

Apr 30, 4:19 PM

Midday Fly By: Alphabet, Meta, Amazon, Microsoft report quarterly beats

+24

Apr 30, 11:59 AM

Melco Resorts reports Q1 adjusted EPS 7c, consensus 9c

MLCO

Apr 30, 8:57 AM

CICC gets more bullish on Melco Resorts, upgrades shares

MLCO

Apr 19, 11:03 AM

Macau reports March casino revenue up 15% to 22.61B patacas

Apr 1, 6:37 AM

Melco Resorts price target lowered by $2.20 at Morgan Stanley, here's why

MLCO

Mar 19, 10:46 AM

Melco Resorts announces eight MICHELIN Stars across five restaurants

MLCO

Mar 19, 8:48 AM

Macau reports February casino revenue up 4.5% to 20.63B patacas

Mar 2, 6:11 AM

UBS upgrades Melco to Buy on valuation after 27% selloff

MLCO

Feb 16, 8:09 AM

UBS gets more bullish on Melco Resorts, upgrades shares

MLCO

Feb 16, 7:09 AM

What You Missed On Wall Street On Thursday

+26

Feb 12, 4:16 PM

Melco Resorts price target lowered by $1.50 at Citi, here's why

MLCO

Feb 12, 3:15 PM

Midday Fly By: Cisco reports Q2 beat, Trump orders Pentagon to buy coal

+26

Feb 12, 12:11 PM

Melco Resorts reports Q4 EPS 16c vs. (5c) last year

MLCO

Feb 12, 7:59 AM

Macau reports January casino revenue up 24.0% to 22.63B patacas

Feb 2, 6:46 AM

Darden upgraded, Trade Desk downgraded: Wall Street's top analyst calls

+20

Jan 23, 9:41 AM

Melco Resorts initiated with bullish view at Texas Capital, here's why

MLCO

Jan 23, 6:28 AM

Strategic Market Licensing: Melco holds valuable, often exclusive or limited, gaming licenses in high-barrier-to-entry markets such as Macau and Cyprus, providing a significant competitive moat in two distinct global gaming hubs.

Luxury & Premium Market Focus: The company strategically targets the high-value premium mass and VIP segments, offering world-class luxury accommodations, gaming, and entertainment that attract discerning clientele and command higher spending per patron.

Integrated Resort Development Expertise: Melco possesses proven capabilities in conceiving, developing, and operating large-scale, sophisticated integrated resorts that combine gaming with luxury hotels, diverse entertainment, high-end retail, and MICE facilities, creating multiple revenue streams.

Regulatory and License Renewal Risk: Melco's operations are highly dependent on government licenses and a strict regulatory environment in Macau and the Philippines, with potential for adverse changes to gaming laws, taxation, or renewal terms impacting profitability and operational stability.

Macroeconomic and Geopolitical Headwinds Risk: Economic slowdowns in China, its primary source market, and broader global economic downturns or geopolitical tensions, particularly between the US and China, could significantly reduce discretionary spending and travel, impacting visitor numbers and gaming revenue.

Intense Competition and Market Saturation Risk: The integrated resort market in Macau and the Philippines is highly competitive with numerous established players and potential new entrants, leading to intense competition for market share, pricing pressures, and potentially lower margins.