Melco Resorts & Entertainment Ltd - ADR

NASDAQ:MLCO   3:59:54 PM EDT
15.20
-0.55 (-3.49%)
4:32:59 PM EDT: $15.04 -0.16 (-1.05%)
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Market Cap (Intraday)7.25B
Current PE67.86
Forward PE N/A
2yr Forward PE 40
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Estimates Current Quarter
Revenue$228.04 Million
Adjusted EPS-$0.96
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10-Day MA$15.77
50-Day MA$16.20
200-Day MA$18.58
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Melco Resorts & Entertainment LTD Stock, NASDAQ:MLCO

36TH FLOOR, THE CENTRIUM., 60 WYNDHAM STREET, CENTRAL, HONG KONG., HONG KONG 00000
Cayman Islands
Phone: (852) 2598 3600
Number of Employees: 21414

Description

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 1,250 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 70 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 124 gaming tables and 62 gaming machines; 230 hotel rooms; various fine dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort that comprises 200 gaming tables and 1,175 gaming machines in Cotai, Macau. Further, the company owns and operates 7 Mocha Clubs with 1,259 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. The company was formerly known as Melco PBL Entertainment (Macau) Limited and changed its name to Melco Crown Entertainment Limited in May 2008. Melco Crown Entertainment Limited was incorporated in 2004 and is headquartered in Central, Hong Kong. As of February 16, 2017, Melco Crown Entertainment Limited operates as a subsidiary of Melco Leisure and Entertainment Group Limited.