Melco Resorts & Entertainment Limited is a company focused on the development, ownership, and operation of casino gaming and luxury resort complexes throughout Asia and Europe. In Macau, its portfolio includes several major properties: City of Dreams: An expansive integrated casino resort, it features approximately 511 gaming tables, 572 gaming machines, and around 770 accommodations (including rooms, suites, and villas). This complex also offers roughly 25 dining and beverage venues, 165 retail outlets, wellness and fitness centers, three swimming pools, spas and salons, and comprehensive banquet and meeting spaces. Altira Macau: This casino hotel boasts about 101 gaming tables, 121 gaming machines, and 230 hotel rooms. Guests can enjoy various casual and fine dining establishments, along with recreational and leisure facilities such as a spa, gymnasium, an outdoor garden podium, and a sky terrace lounge. Studio City: Situated in Cotai, Macau, this cinematically themed integrated resort combines gaming facilities (290 tables, 645 machines) with a hotel, entertainment options, retail shopping, and food and beverage services. The company also manages seven Mocha Clubs, housing 813 gaming machines collectively, and the Grand Dragon casino on Taipa Island, Macau. Beyond Macau, Melco operates City of Dreams Manila, an integrated resort located within the Entertainment City complex in the Philippines' capital. Its European operations encompass a casino in Limassol, Cyprus, alongside three satellite casinos situated in Nicosia, Ayia Napa, and Paphos. Established in 2004 and based in Central, Hong Kong, the company was formerly known as Melco Crown Entertainment Limited before adopting its current name in April 2017. Melco Resorts & Entertainment Limited functions as a subsidiary of Melco Leisure and Entertainment Group Limited.
CEO: Yau Lung. Company website
Melco Resorts & Entertainment Limited (MLCO) trades at $4.64, down 0.85% on the day, as of Sep 20, 2026 15:00 UTC.
Melco Resorts & Entertainment Limited has a market capitalisation of $1.80B, calculated from the live MLCO share price and shares outstanding.
MLCO trades at a trailing P/E of 7.73, from earnings per share of $0.60 over the last twelve months.
Melco Resorts & Entertainment Limited generated revenue of $5.23B over the trailing twelve months, which puts the stock at 0.34 times sales.
MLCO has traded between $4.56 and $9.90 over the past 52 weeks, and the last price is 53.1% below that high.
Yes. Melco Resorts & Entertainment Limited keeps 4.50% of revenue as net income over the trailing twelve months.
Wall Street analysts rate MLCO Buy, with an average price target of $6.88, 48.3% above the current price.
Melco Resorts & Entertainment Limited is classified under the Consumer Cyclical sector and the Gambling, Resorts & Casinos industry, and is domiciled in HK.
Yau Lung is the chief executive of Melco Resorts & Entertainment Limited, which employs 22,961 people.
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