Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Equity Bottom-Up

Melco Resorts & Entertainment / Equity Bottom-Up

<ul>
<li>Sporadic, isolated Covid Delta outbreaks in Asia have stalled recovery cycle. But we see a strong recovery in progress by 2Q22.</li>
<li>MLCO has borne a disproportionate downside because of swift pandemic triggered revenue declines both in Macau and Manila.</li>
<li>The company's liquidity assure it a forward positive outlook post pandemic with a daily run rate that runs ~US$2.</li>
</ul>


Sporadic, isolated Covid Delta outbreaks in Asia have stalled recovery cycle. But we see a strong recovery in progress by 2Q22.
MLCO has borne a disproportionate downside because of swift pandemic triggered revenue declines both in Macau and Manila.
The company's liquidity assure it a forward positive outlook post pandemic with a daily run rate that runs ~US$2.


Melco Resorts: At US$10.44 a Share the Stock Is Immensely Cheap Here, Pandemic or Notwithstanding