MACAU, Feb. 27, 2025 — Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, announced today it is considering strategic options for City of Dreams Manila. Melco Resorts Leisure (PHP) Corporation (“Melco Resorts Leisure”), a Melco subsidiary, manages and operates City of Dreams Manila under an operating agreement with Melco Resorts Leisure, other Melco subsidiaries, and PremiumLeisure and Amusement, Inc.

Melco has hired CBRE Capital Advisors, Inc. and Moelis & Company LLC as financial advisors to help explore potential strategic alternatives for City of Dreams Manila.

No decision has been made on any strategic alternative, and there is no guarantee that exploring these options will lead to a transaction. Melco does not plan to comment on or update this process unless further disclosure is deemed appropriate or required.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Melco Resorts & Entertainment Limited (the “Company”) may also make forward-looking statements in its filings with the U.S. Securities and Exchange Commission (the “SEC”), its annual report to shareholders, press releases, other written materials, and oral statements made by officers, directors, or employees. Statements that are not historical facts, including beliefs and expectations, are forward-looking statements involving risks and uncertainties. Several factors could cause actual results to differ materially from those in any forward-looking statement. These factors include: (i) changes in the gaming market and visitation in Macau, the Philippines, and the Republic of Cyprus; (ii) local and global economic conditions; (iii) capital and credit market volatility; (iv) our anticipated growth strategies; (v) risks associated with the implementation of the amended Macau gaming law; (vi) gaming authority and other governmental approvals and regulations; and (vii) our future business development, results of operations, and financial condition. Forward-looking statements can often be identified by words such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or similar expressions. Further information on these and other risks is included in the Company’s SEC filings. All information in this press release is current as of its date, and the Company undertakes no duty to update it, except as required by law.

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO), develops, owns, and operates integrated resort facilities in Asia and Europe. It currently operates Altira Macau, an integrated resort in Taipa, Macau, and City of Dreams, an integrated resort in Cotai, Macau. Its business also includes Mocha Clubs, the largest non-casino electronic gaming machine operations in Macau. The Company also majority owns and operates Studio City, a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary operates and manages City of Dreams Manila, an integrated resort in Manila’s Entertainment City complex. In Europe, the Company operates City of Dreams Mediterranean in Limassol, Republic of Cyprus, and continues to operate three satellite casinos in other Cyprus cities (the “Cyprus Casinos”). More information is available at .

The Company is majority owned by Melco International Development Limited, listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is majority owned and led by Mr. Lawrence Ho, the Chairman, Executive Director, and Chief Executive Officer of the Company.

For the investment community, please contact:
Jeanny Kim
Senior Vice President, Group Treasurer
Tel: +852 2598 3698
Email:

For media enquiries, please contact:
Chimmy Leung
Executive Director, Corporate Communications
Tel: +852 3151 3765
Email: