Melco Resorts & Entertainment is a holding company. Through its subsidiaries, Co. is engaged in the development, own and operation of resort facilities in Asia and Europe. Co.'s Macau operations including: City of Dreams, which is a premium-focused property, targeting customers and rolling chip players; Altira Macau, which is designed to provide a casino and hotel that caters to rolling chip customer; Studio City, which is a cinematically-themed resort and Mocha Clubs which comprise the non-casino based operations of electronic gaming machines. Co. also has a casino-based operation in Philippines, City of Dreams Manila; and the City of Dreams Mediterranean in Cyprus.
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Buy (3.33 out of 4) 47th percentile
(ranked lower than approx. 53% of all stocks covered)
Analysts' Target Price: MLCO Stock Forecast Based on Zacks ABR data; powered by Xignite |