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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Even though the stock market has performed miserably lately, and throughout most of 2022, macroeconomic data shows there is reason to be hopeful equities can rebound meaningfully sooner rather than later. Moreover, unlike i...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Maridav/Shutterstock, Inc. Casino stocks are rising higher on Monday and they have China’s easing Covid-19 restrictions to thank for the boost! China is planning to reduce restrictions in Macau, the w...
The stock market fell sharply last week, and investors are still waiting to see if major market benchmarks hit bottom Friday when they challenged the lowest levels since June. On Monday morning, it appeared that Wall Street was preparing for another leg lower, as the Dow Jones Industrial ...
Studio City International Holdings Limited ( MSC ) was the biggest gainer in the casino sector in early trading on Tuesday after Hong Kong relaxed some of the COVID hotel quarantine rules in the city in an effort to attract more visitors and workers. While it is a far cry from a...
The Macau casino sector pushed higher in early trading on Tuesday off indications that Hong Kong wants to relax COVID rules such as mandatory hotel quarantine. The expectation is that hotel quarantine will be replaced with seven days of home health monitoring. Crucially, Mainlan...
Melco Resorts (Macau) a subsidiary of Melco Resorts & Entertainment ( NASDAQ: MLCO ) on September 14, 2022 submitted its detailed proposal in relation to the public tender for new gaming concessions launched by the Macau Government in July this year. "I would...
Summary Southeastern’s 13F portfolio value decreased from $5.66B to $4.74B this quarter. The number of positions increased from 35 to 36. They increased IAC/Interactive, Hyatt Hotels, General Electric, Warner Bros. Discovery, and Liberty Broadband and Affiliated Managers Gr...
MACAU, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, announces that today, on September 14, 2022, Melco Resorts (Macau) Limited, a subsidiary of the Company, su...
The story out of Macau is much the same for casinos struggling to generate significant traffic due to COVID restrictions. Macau daily revenue for the first eight days of September was 94M patacas a day, per industry estimates. Jefferies said the slight improvement from August was mainly...
MACAU, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s in-house training program has been awarded by the prestigious and globally renowned talent development organization Association for Talent Development (ATD) . Melco’s training program ‘M...
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MACAU, April 26, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has published its sixth sustainability strategy for the year 2023 ‘RISE to go Above & Beyond’ ( link ). Continuing to adhere to four key material topics that underline Melco’s commitment to su...
MACAU, April 09, 2024 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited ("Melco Resorts Finance") announces that it has priced its international...
MACAU, April 08, 2024 (GLOBE NEWSWIRE) -- Melco Resorts Finance Limited ("Melco Resorts Finance") announces that it proposes to conduct an inter...