Ricardo Chinchilla's questions to Melco Resorts & Entertainment Ltd (MLCO) leadership • Q1 2025
Question
Ricardo Chinchilla from Deutsche Bank asked about recent gaming floor trends, seeking to identify any signs of consumer weakness post-Golden Week, and requested guidance on CapEx for the remainder of 2025 and 2026.
Answer
CEO Yau Ho and Executive Evan Winkler confirmed continued strength post-Golden Week with no signs of a pullback, attributing momentum to attractions like the reopened House of Dancing Water and supportive Chinese domestic travel policies. CFO Geoffrey Davis reiterated the full-year 2025 CapEx guidance of $415 million, highlighting the completion of the Sri Lanka project as the main focus.