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Gambling News - 'Melco'
Industry
July 9, 2021
Melco Rolls Out Share Purchase and Award Program for Eligible Employees
One of the largest integrated resorts developers and casino operators in the world, Melco Resorts and Entertainment, announced Thursday the launch of a new Share Purchase and Award Program for its workforce. Eligible Melco employees participating in the program have the unique benefit of purchasing company shares. Melco Unveils a New Share Purchase and Awards […]

Business
July 1, 2021
Melco Resorts Boss to Launch SPAC-based IPO in the US
The use of a special purpose acquisition company (SPAC) in order to gain access to a public exchange has picked up steam over the past couple years, especially in the gaming industry. It’s how companies like DraftKings, Super Group Holding Co. and others have been able to target a wider pool of investors. A new […]

Casino
May 5, 2021
Melco Resorts Offering Employees Exit Strategies as Recovery Efforts Weaken
Melco Resorts and Entertainment has had a rough time over the past couple of years. It posted strong results for the second quarter of 2019, but that was about the extent of its good news. With much of the casino operator’s revenue coming out of Macau, Melco has had to endure the same difficulties as […]

Business
September 14, 2020
City of Dreams Manila Undergoing Casino Operations Trial Runs
City of Dreams, the casino-type resort in the Philippines operated by a subsidiary of Melco Resorts, confirmed it was undergoing trial runs of its casino operations. The management of the resort informed local outlet GGRAsia that despite the tests, the casino property is still waiting for a reopening date for full operations to be set. […]

Business
June 1, 2020
Melco’s Latest Sustainability Report Purveys Responsible Gaming
Melco has released its “Above and Beyond” sustainability report. The report includes a strategy for promoting safer and more efficient responsible gaming practices. The “Above and Beyond” Sustainability Report by Melco Leading gaming and hospitality company Melco released its 2019 sustainability strategy report earlier today. The report called “Above and Beyond” offers an insight into […]

Casino
March 19, 2020
Melco Resorts Takes Another Blow From Covid-19 Global Outbreak
Melco Resorts & Entertainment, through its ICR Cyprus Holdings Ltd joint venture, which operates the Cyprus Casinos brand and has a 30-year exclusive license to run casinos in Cyprus, was forced to close all of its five casinos in Cyprus, after the Council of Ministers of the island country had ruled the suspension of certain […]
