Melco Resorts & Entertainment Ltd
melco-resorts.comWhat Do They Do?
Operates casino resorts offering gaming, hotels and entertainment to gaming patrons and visitors seeking a broader leisure experience across Asia and Europe.
20-F for FY2025, filed Mar 13, 2026We are a developer, owner and operator of integrated resort facilities in Asia and Europe. We currently have three major casino-based…View ↗
Our current and future operations are designed to cater to a broad spectrum of gaming patrons, from high-stakes rolling chip gaming patrons…View ↗
The resort brings together a collection of brands to create an experience that appeals to a broad spectrum of visitors from around Asia.…View ↗
How Do They Make Money?
Casino revenue is the net difference between gaming wins and losses, counted when wagers are settled. The company also collects payment for rooms, food and beverage, entertainment, retail and other goods and services, counted when goods are provided, services performed or events held.
20-F for FY2025, filed Mar 13, 2026Gross casino revenues are measured by the aggregate net difference between gaming wins and losses. The Company accounts for its casino…View ↗
After allocating amounts to the complimentary goods or services provided and to the points earned under the Loyalty Programs, the residual…View ↗
The transaction prices for rooms, food and beverage, entertainment, retail and other goods and services are the net amounts collected from…View ↗
-
20-F for FY2025, filed Mar 13, 2026
FY2025 revenue by product or service ↗
$5.2B
-
20-F for FY2025, filed Mar 13, 2026
$5.2B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Casino
Usage-based
20-F for FY2025, filed Mar 13, 2026 |
82%
FY2022: 80%
|
Casino, FY2025
$4.2B Sources
|
Usage-based |
|
Rooms
Sold outright
|
8.6%
FY2022: 8.6%
|
Rooms, FY2025
$444M Sources
|
Sold outright |
|
Food and Beverage
Sold outright
|
5.6%
FY2022: 6.3%
|
Food and Beverage, FY2025
$290.7M Sources
|
Sold outright |
|
Entertainment, Retail and Other
Sold outright
|
3.5%
FY2022: 5.3%
|
Entertainment, Retail and Other, FY2025
$181.6M Sources
|
Sold outright |
Who Are Their Customers?
Its resorts cater to gaming patrons, from high-stakes players to visitors seeking a broader entertainment experience.
20-F for FY2025, filed Mar 13, 2026
Do Revenues Turn Into Profits?
Yes. It kept 4 cents of every revenue dollar as net income in FY2025.
20-F for FY2025, filed Mar 13, 2026
How Are They Changing?
Growing. Revenue grew 2.6x in 4 years, from $2B in FY2021 to $5.2B in FY2025, about 27% a year.
Sri Lanka operations
The older report describes casino resorts in Macau, the Philippines and Cyprus; the latest adds casino operations in Sri Lanka and management of a Sri Lanka hotel.
20-F for FY2022, filed Mar 31, 2023 20-F for FY2025, filed Mar 13, 2026We are a developer, owner and operator of integrated resort facilities in Asia and Europe. We currently have three major casino-based…View ↗
We are a developer, owner and operator of integrated resort facilities in Asia and Europe. We currently have three major casino-based…View ↗
Cyprus resort began operating
The older report described City of Dreams Mediterranean as under development; the latest describes it as an operating resort, alongside satellite casinos in Cyprus.
20-F for FY2022, filed Mar 31, 2023 20-F for FY2025, filed Mar 13, 2026On July 31, 2019, we acquired a 75% equity interest in ICR Cyprus, whose subsidiaries are currently operating a temporary casino in…View ↗
We are a developer, owner and operator of integrated resort facilities in Asia and Europe. We currently have three major casino-based…View ↗
Who Do They Compete With?
Competes with SJM, Wynn Macau, Galaxy, MGM Grand Paradise, VML, Travellers International Hotel Group, Bloomberry Resorts, Tiger Resorts Leisure and Entertainment, and Philippine Amusement and Gaming
20-F for FY2025, filed Mar 13, 2026In terms of competition, gaming in Macau is administered through concessions awarded by the Macau government to six different…View ↗
Loading...
