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Symbol Company Name Latest Time Prev Close Latest Price Change $ Change % 52 Wk High 52 Wk Low YTD Chg% Volume
MLCOMelco Resorts & Entertainment12:52:36 PM15.5216.150.634.0632.9515.33-40.095938784


Melco: High Risk Buy With Morpheus Ramp Up

2018-11-12 14:06

Source: Melco Resorts Q3 was Hit by Bad Luck, Typhoon and One-Time Staff Bonus On the earnings call , we learn that Melco Resorts ( MLCO ) was hit by an unfavorable VIP win rate which caused a negative impact of US$39m. The blanket casino ban during the typhoon also reduced EBITDA by ab…... by SeekingAlpha


Sector: Consumer Cyclical

Industry: Travel & Leisure

Description: Melco Resorts and Entertainment Ltd is developer, owner and operator of casino gaming and entertainment resort facilities in Asia. Its segments are City of Dreams, Altira Macau, Studio City, Mocha Clubs, Corporate and Others, and City of Dreams Manila.

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