Melco parent reports rising revenues, narrowed loss in first half of 2021
Wednesday 01 de September 2021 / 08:58
⏱ 1 min read
(Macau).- Melco International Development, the parent company of Melco Resorts & Entertainment, has reported a 9.7% increase in net revenues to HK$8.43 billion for the six months to 30 June 2021.
The increase was largely due to an improvement in performance across the mass market table games segment at Melco’s Macau integrated resorts, plus and non-gaming operations, owing to an increase in inbound tourism in Macau, the company said.
Loss after tax narrowed from HK$7.06 billion in 1H20 to HK$3.75 billion.
“Macau has enjoyed a steady recovery in its overall economy as travel restrictions loosen and visitors gradually return,” said Melco Chairman and CEO, Lawrence Ho.
“This also led to a gradual recovery in business levels at our integrated resorts during the second quarter of 2021. With the most notable recovery currently being driven by mass and premium mass-market players, we will continue to focus on the development of these market segments going forward.
“We are encouraged by the progress of the COVID-19 vaccine rollouts in Macau, Hong Kong and China, and, along with the increasing vaccination rates across the globe, the relaxation of current travel restrictions is becoming more likely, and the recovery of the tourism industry edges closer. In the meantime, the Group will continue to ensure the safety of its guests and employees around the world and utilize its wealth of experience to remain resilient in the face of the current challenging operating environment.”
Categoría:Gaming
Tags: Sin tags
País: Macao
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
Regulation and the Black Market in Latin America: Challenges and Solutions
(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
Wednesday 15 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
