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Melco Announces Earnings Release Date

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Melco Resorts & Entertainment Limited (Nasdaq: MLCO) is set to release its unaudited financial results for Q4 and full year 2020 on February 25, 2021. This announcement will be followed by a conference call at 8:30 a.m. Eastern Time, allowing investors to discuss the financial performance. The company operates integrated resorts in Asia and Europe, including in Macau and Europe. As a developer and operator, Melco is also working on the City of Dreams Mediterranean in Cyprus, which is anticipated to be a significant addition to its portfolio.

Positive
  • Upcoming release of Q4 and full year 2020 financial results on February 25, 2021.
  • Conference call enhances transparency and communication with investors.
Negative
  • Forward-looking statements include risks related to the COVID-19 pandemic impacting business.

MACAU, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will furnish its unaudited financial results for the fourth quarter and year ended December 31, 2020 on Form 6-K with the U.S. Securities and Exchange Commission (“SEC”) on Thursday, February 25, 2021 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Hong Kong Time).

To join the conference call, please use the dial-in details below:

US Toll Free1 844 760 0770
US Toll / International1 347 549 4094
HK Toll852 3018 8307
HK Toll Free800 906 613
Japan Toll81 3 4503 6004
Japan Toll Free012 092 5482
UK Toll Free080 0051 4241
Australia Toll61 290 833 216
Australia Toll Free1 800 754 642
Philippines Toll Free1 800 1612 0312
  
Passcode2386216

An audio webcast will also be available at http://www.melco-resorts.com.

To access the replay, please use the dial-in details below:

US Toll Free1 855 452 5696
US Toll / International1 646 254 3697
HK Toll852 3051 2780
HK Toll Free800 963 117
Japan Toll81 3 4580 6717
Japan Toll Free012 095 9034
Philippines Toll Free1 800 1612 0166
  
Conference ID2386216

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Melco Resorts & Entertainment Limited (the “Company”) may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) the global pandemic of COVID-19, caused by a novel strain of the coronavirus, and the continued impact of its consequences on our business, our industry and the global economy, (ii) growth of the gaming market and visitations in Macau, the Philippines and the Republic of Cyprus, (iii) capital and credit market volatility, (iv) local and global economic conditions, (v) our anticipated growth strategies, (vi) gaming authority and other governmental approvals and regulations, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), an integrated resort located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (“Cyprus Casinos”). Upon the opening of City of Dreams Mediterranean, the Company will continue to operate the satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com.

The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

For the investment community, please contact:
Timothy Mazik
Tel: +852 2598 3516
Email: timothymazik@melco-resorts.com

For media enquiries, please contact:
Chimmy Leung
Executive Director, Corporate Communications
Tel: +852 3151 3765
Email: chimmyleung@melco-resorts.com


FAQ

When will Melco Resorts release its Q4 2020 financial results?

Melco Resorts will release its Q4 2020 financial results on February 25, 2021.

What time is the Melco Resorts conference call?

The conference call for Melco Resorts is scheduled for 8:30 a.m. Eastern Time on February 25, 2021.

What is the significance of the City of Dreams Mediterranean project for Melco Resorts?

The City of Dreams Mediterranean is expected to be the largest integrated resort in Europe, enhancing Melco's portfolio.

What risks does Melco Resorts mention in its press release?

Melco mentions risks related to the ongoing COVID-19 pandemic affecting its business operations.

Melco Resorts & Entertainment Limited American Depositary Shares

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