Melco Resorts & Entertainment LTDMLCO
What Melco Resorts & Entertainment LTD does.
We are a developer, owner and operator of integrated resort facilities in Asia and Europe. We currently have three major casino-based operations in Macau, namely, City of Dreams, Studio City and Altira Macau, and non-casino based operations in Macau at our Mocha Clubs. We also have a casino-based operation in the Philippines, City of Dreams Manila. In 2019, we expanded our footprint outside of Asia and into Europe following our acquisition of a 75% equity interest in ICR Cyprus, which owns and operates City of Dreams Mediterranean and three satellite casinos in Cyprus. We commenced operations of the Sri Lanka Casino and management of Nüwa Sri Lanka at City of Dreams Sri Lanka in the third quarter of 2025.
Our current and future operations are designed to cater to a broad spectrum of gaming patrons, from high-stakes rolling chip gaming patrons to gaming patrons seeking a broader entertainment experience. We currently own and operate six Forbes Travel Guide (“FTG”) Five-Star hotels in Asia — Altira Macau, Studio City’s Epic Tower and Star Tower, Morpheus, and Nüwa in both Macau and Manila — and received 19 FTG Five-Star and three FTG Four-Star recognitions across our properties in 2026. We seek to attract patrons throughout Asia, Europe and, in particular, from China.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $2.0B | $1.3B | $3.8B | $4.6B | $5.2B |
| Net income | -$1.3B | -$811.8M | -$930.5M | -$326.9M | $43.5M | $185.0M |
| Free cash flow | -$1.1B | -$801.4M | -$1.1B | $489.8M | $592.5M | $802.2M |
More on MLCO.
- Melco Resorts & Entertainment LTD summary
- Melco Resorts & Entertainment LTD financial statements
- Melco Resorts & Entertainment LTD key metrics
- Melco Resorts & Entertainment LTD health scores and style box
- Melco Resorts & Entertainment LTD earnings
- Melco Resorts & Entertainment LTD dividends
- Melco Resorts & Entertainment LTD valuation
- Melco Resorts & Entertainment LTD ownership and insiders
- Melco Resorts & Entertainment LTD peers
Figures from Melco Resorts & Entertainment LTD's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.