Melco International Development Ltd. ADR (MDEVY)

Overview

Melco International Development Limited, originally known as The Macao Electric Lighting Company, Limited until its rebranding in 1988, stands as a significant player in the global leisure and entertainment sector. Founded in 1910 and now headquartered in Central, Hong Kong, the company's primary focus is on delivering outstanding leisure and entertainment experiences across various geographies including Macau, the Philippines, Cyprus, and Japan. Melco International operates through two major segments: Casino and Hospitality, and Others, demonstrating its diversified involvement within the industry. Besides its core operations in developing, owning, and operating a network of casino gaming and entertainment casino resorts, the company extends its expertise to the operation and management of satellite casinos and electronic gaming machines. Its portfolio is further enriched by investments in financing, management, and property services. Over the years, Melco International has established itself as a pioneer in the industry, constantly innovating and expanding its business operations to cater to a broad audience.

Products and Services

Melco International Development Limited offers a wide range of products and services across its various operations. Some of these include:

• Casino Gaming and Entertainment Resorts: The company excels in developing, owning, and operating high-end casino gaming and entertainment resorts. These establishments offer a variety of gaming options, including traditional table games, slot machines, and electronic table games, coupled with luxury hotel accommodations, dining, shopping, and entertainment facilities.
• Integrated Casino and Entertainment Resorts: Melco International is involved in the development and operation of large-scale integrated resorts that combine casino gaming with other entertainment and leisure facilities. This integration aims to provide a comprehensive and diverse experience for both gaming and non-gaming visitors.
• Satellite Casinos: In addition to its major casino resorts, Melco International operates satellite casinos. These smaller establishments are strategically located to cater to local markets, offering a variety of gaming options in more accessible settings.
• Electronic Gaming Machines: The company also operates electronic gaming machines across its various properties. These include state-of-the-art slot machines and electronic versions of traditional table games, catering to a broad spectrum of gaming preferences.
• Financing, Management, and Property Investment Services: Beyond its direct entertainment and hospitality operations, Melco International provides essential behind-the-scenes services such as financing solutions, property management, and investment advisory services. These offerings are crucial in supporting the growth and development of its portfolio of leisure and entertainment assets.