MGM - Melco Resorts: Bullish As Casino Portfolio Off To A Strong Start In 2024
2024-05-06 17:27:47 ET
Summary
- We recap Melco Resorts & Entertainment Limited's Q1 earnings report.
- Melco gaming revenue and profitability are rebounding as Macau sees a climbing level of visitors and tourists.
- We are bullish on Melco Resorts & Entertainment stock.
Melco Resorts & Entertainment Limited ( MLCO ) recently reported its latest quarterly results , highlighted by an ongoing rebound at the company's Macau, China casino properties. Data shows regional tourism and gaming revenues are back on track to reclaim pre-pandemic records....
Melco Resorts: Bullish As Casino Portfolio Off To A Strong Start In 2024