What is Melco Resorts & Entertainment Ltd?
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments. The company is listed on the NASDAQ in USA, operating in the Consumer Cyclical sector, with a market capitalisation of 1.59B, and a P/E ratio of 7.0x.
A short list of Resorts & Casinos names that are close enough in size to make side-by-side comparison useful.