Melco International Development Limited (MDEVY) Research

Melco International Development Limited, an investment holding firm, maintains a robust presence in the leisure and entertainment sector, with operations spanning Macau, the Philippines, Cyprus, Japan, and Hong Kong. The company structures its diverse activities into two main divisions: Casino and Hospitality, and a broader 'Others' category. At the heart of its business, Melco is responsible for the conceptualization, ownership, and ongoing management of a wide array of casino gaming and entertainment resorts. This encompasses spearheading the development and day-to-day operation of extensive integrated casino and entertainment complexes, including all related ventures, alongside overseeing satellite casinos. Furthermore, the company manages and deploys electronic gaming machines. Beyond these core ventures, Melco also provides ancillary services, offering financing solutions, expert property management, and strategic real estate investment services. Established in 1910, the company was initially known as The Macao Electric Lighting Company, Limited, before adopting its current designation, Melco International Development Limited, in 1988. Its corporate headquarters are situated in Central, Hong Kong.

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