Inside Asian Gaming

IAG NOV 2022年11月 亞博匯 60 1-10 3 DIRECTOR Studio City International Holdings CHAIRMAN AND CEO Melco International Development CHAIRMAN AND CEO Melco Resorts and Entertainment 董事 Studio City International Holdings 主席兼行政總裁 新濠國際發展 主席兼行政總裁 新濠博亞娛樂 POWER SCORE 權能指數: 2,281 POSITION LAST YEAR 去年排名: 2 LAWRENCE HO 何猷龍 CLAIMS TO FAME 名成事跡 One of only two operators with multiple properties on Macau’s Cotai Strip Pursuing global expansion into Cyprus Lone Macau operator present in the Philippines with City of Dreams Manila 兩個在路氹擁有多間物業的營運者其中之一 尋求向全球擴張，染指塞浦路斯 通過新濠天地馬尼拉成為澳門唯一一個參與菲律賓市場的澳門營運者 MUCH LIKE Macau’s trio of US-based operators, Lawrence Ho’s Melco Resorts & Entertainment can take solace in the fact that it boasts casino operations outside of the Chinese gaming enclave. While the Macau SAR continues to slump on the back of China’s strict COVID-zero policies, other jurisdictions around the world are booming – good news for Melco given its presence in the Philippines and broader global ambitions in Cyprus. Melco remains the only of Macau’s six concessionaires with a presence in the Philippines via City of Dreams Manila, and it saw the benefit of that in the June 2022 quarter when the Manila IR recorded a 112% year-on- year and 28.5% quarter-on-quarter increase in revenues to US$111.7 million. Adjusted EBITDA also increased by almost 400% to US$49.0 million – highlighting the strong recovery trajectory currently being experienced across most of Asia. Nevertheless, it is hard to overlook the fact that Melco is now on a run of 10 straight quarters of group-wide losses as a result of the company’s considerable Macau presence. The company operates three Macau resorts in