Melco Resorts and Entertainment urged to sell casinos in Philippines and Cyprus

Melco Resorts & Entertainment should consider selling its casino properties in Cyprus and the Philippines, according to a leading expert. This guidance is a component of a strategy to strengthen the business in significant markets, such as Thailand and Macau.

Additionally, Melco has expressed interest in entering the Thai market, and after Thailand completes the legalization of casinos, the company may submit a bid for a gaming license. The analyst pointed out that it might be difficult to construct a large integrated resort in Thailand's capital, Bangkok.
 
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