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Melco Resorts to Close Grand Dragon Casino and Mocha Clubs by Year-End 2025

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Melco Resorts to Close Grand Dragon Casino and Mocha Clubs by Year-End 2025

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Melco Resorts & Entertainment ( (MLCO) ) has shared an update.

On June 9, 2025, Melco Resorts & Entertainment announced that it will cease operations at Grand Dragon Casino and three Mocha Clubs in Macau by the end of 2025 as part of its development strategy. Employees from these venues will be reassigned to other properties in Macau, ensuring continued employment. Gaming equipment from these locations will be relocated to other company venues. Melco also plans to seek government approval to continue operations at three other Mocha Clubs beyond December 2025, subject to regulatory compliance.

The most recent analyst rating on (MLCO) stock is a Buy with a $6.70 price target. To see the full list of analyst forecasts on Melco Resorts & Entertainment stock, see the MLCO Stock Forecast page.

Spark’s Take on MLCO Stock

According to Spark, TipRanks’ AI Analyst, MLCO is a Neutral.

Melco Resorts & Entertainment shows signs of operational recovery, particularly in Macau, but faces significant financial challenges with high leverage and negative equity. Positive technical indicators and earnings call sentiment boost the outlook, but valuation concerns limit the score.

To see Spark’s full report on MLCO stock, click here.

More about Melco Resorts & Entertainment

Melco Resorts & Entertainment Limited is a developer, owner, and operator of integrated resort facilities in Asia and Europe. The company operates several prominent resorts such as City of Dreams and Altira Macau in Macau, City of Dreams Manila in the Philippines, and City of Dreams Mediterranean in Cyprus. It also manages Mocha Clubs, the largest non-casino based operator of electronic gaming machines in Macau. Melco is majority owned by Melco International Development Limited, led by Lawrence Ho.

Average Trading Volume: 4,238,877

Technical Sentiment Signal: Sell

Current Market Cap: $2.42B

See more data about MLCO stock on TipRanks’ Stock Analysis page.

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