“The recovery of Macaus casino sector will take a little bit longer than we had hoped”

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Lawrence Ho, Chairman and Chief Executive Officer of Melco Resorts and Entertainment “The recovery of Macauࢀ™s casino sector will take a little bit longer than we had hoped” “Itࢀ™s not going to be a V-shaped recovery because at the end of the day, people will still be traveling outside [of mainland China] for the very first time,” said the Chairman and Chief Executive Officer of Melco Resorts and Entertainment. Macau | 08/24/2020 The gaming operator chief said that the recovery would be gradual and not V-shaped as others had earlier predicted. He also suggested that the VIP and premium mass…

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