Melco earmarks close to MOP 16 million towards immunity incentive program for colleagues

Rhea-AI Summary

Melco Resorts & Entertainment has allocated nearly MOP 16 million for its "Get the Jab" vaccination incentive program aimed at encouraging employees to get vaccinated against COVID-19. Each fully vaccinated employee will receive MOP 1,000, with additional lottery prizes of MOP 1 million for six employees if immunity targets are met. The initiative includes educational seminars, transportation for vaccination, and two paid leave days for vaccinations. The hotel and resort company aims to ensure safety for employees, guests, and the community.

Positive

• Allocated MOP 16 million for vaccination incentive program.
• Each vaccinated employee receives MOP 1,000.

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• None.

Supporting government efforts to build immunity, making vaccination a Company priority to ensure a safe environment for colleagues, guests and the community

MACAU, May 21, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment is earmarking close to MOP 16 million towards a special “Get the Jab” immunity incentive program to encourage colleagues suitable for the COVID-19 vaccine to become fully vaccinated. Amongst the program, and subject to applicable terms and conditions, each fully vaccinated colleague will receive MOP1,000, and once the Company reaches certain immunity targets, up to six colleagues may win MOP1 million each. With immunity now established as a key Company objective, Melco is supporting the government’s efforts towards this. In coordination with the Macau Health Bureau and the Center for Disease Control and Prevention, the Company has provided colleagues with education seminars. In addition, the Company continues to arrange shuttle transportation for colleagues to attend vaccination appointments and grants two full days of paid vaccine leave. The Company’s goal is to ensure a safe environment for colleagues, guests and the community.

Mr. Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment, said, “The health and safety of Melco colleagues, guests and community is a top priority. Our properties follow the best-in-class safety procedures, as demonstrated by their being among the first in the world to achieve the Sharecare Health Security VERIFIED® with Forbes Travel Guide certification. Through the efforts of the government, we are fortunate that vaccines are readily available. Our commitment to creating a safe environment and contributing to the government’s goal of achieving herd immunity is demonstrated by our resources dedicated to the immunity incentive program.”  

Recently, the Company has been honored as recipient of WeCare™ HR Asia Most Caring Companies Award 2021. The Company was also named Best Companies to Work for in Asia 2019-2021.

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

FAQ

What is Melco's vaccination incentive program?

Melco Resorts has launched the "Get the Jab" program with MOP 16 million to incentivize employee vaccinations against COVID-19.

How much will vaccinated employees receive?

Each fully vaccinated employee will receive MOP 1,000.

What are the goals of Melco's vaccination program?

The program aims to promote vaccination, achieve herd immunity, and ensure a safe environment for employees and guests.

What additional rewards are available in Melco's vaccination program?

Once immunity targets are met, up to six vaccinated employees can win MOP 1 million each.

Does Melco provide support for vaccinations?

Yes, Melco offers educational seminars, shuttle transportation to vaccination sites, and two days of paid leave for vaccinations.