Core Insights - Las Vegas Sands has contributed $515,000 to The WASH Foundation in 2025, increasing total contributions to over $6.1 million since 2014 [1][2][4] Group 1: Funding and Initiatives - The 2025 Sands Cares investment supports three main priorities: hygiene supplies for those in need, funding local water initiatives, and expanding hygiene education programs globally [2][4] - The Global Hygiene Kit Build aims to assemble 70,000 hygiene kits for distribution, with a total of 1,034,000 kits produced since 2014 [4][5] - The Drop by Drop Project continues to provide grants to local nonprofits in Macao and Singapore, focusing on water stewardship and community engagement [5][6] Group 2: Partnership and Impact - The partnership with The WASH Foundation has led to significant milestones, including the transformation of a recycling center into a soap manufacturing operation and the introduction of mobile shower units for the homeless [3][7] - Since 2011, Sands and its partners have diverted over 663,000 pounds of waste and distributed 4.7 million bars of soap to those in need [7][8] - The collaboration enhances corporate responsibility efforts by engaging team members in volunteer work and promoting environmental advocacy [8][12] Group 3: Organizational Background - The WASH Foundation aims to provide safe water, sanitation, and hygiene to the 4.2 billion people lacking access to these resources [2][13] - Since its establishment in 2009, The WASH Foundation has served over 17.4 million people and distributed over 91.3 million bars of soap [14]

MACAU, June 13, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today announced the appointment of Mr. John Peter Ben Wang as an independent non-executive director of the Company, effective as of June 13, 2025. In addition, Mr. Wang has been appointed as the chairman of the Company’s audit and risk committee and a member of each of the Company’s compensation committe ...

Core Viewpoint - Melco Resorts & Entertainment has successfully achieved its goal of sourcing 100% cage-free eggs by 2025 across its global portfolio, reflecting its commitment to sustainability and responsible sourcing [1][3]. Group 1: Sustainability Commitment - The initiative to source cage-free eggs began in 2020 as part of Melco's broader sustainability efforts, which include restoring the environment and empowering local communities [2]. - Melco collaborates with the Lever Foundation to ensure a reliable supply of cage-free eggs and to create economies of scale for this transition [2][3]. Group 2: Impact and Industry Influence - Mr. Lawrence Ho, Chairman and CEO, emphasized that small actions can lead to significant impacts, and the company aims to enhance transparency and supplier engagement in its sourcing practices [3]. - The shift to cage-free eggs is expected to influence other food companies in the region, promoting animal welfare and sustainable food practices [3]. Group 3: Health and Safety Benefits - Cage-free eggs are produced under more humane conditions and are associated with reduced food safety risks, as evidenced by research indicating a significantly higher risk of salmonella contamination in battery cage farms [3].

Core Viewpoint - Melco Resorts & Entertainment Limited reported strong financial results for the first quarter of 2025, with significant increases in operating revenues and net income, driven by improved performance in gaming and non-gaming operations. Financial Performance - Total operating revenues for Q1 2025 were US$1.23 billion, an increase of approximately 11% from US$1.11 billion in Q1 2024 [2] - Operating income for Q1 2025 was US$144.9 million, compared to US$125.4 million in Q1 2024 [2] - Adjusted Property EBITDA was US$341.0 million in Q1 2025, up from US$298.8 million in Q1 2024 [3] Net Income - Net income attributable to Melco for Q1 2025 was US$32.5 million, or US$0.08 per ADS, compared to US$15.2 million, or US$0.03 per ADS, in Q1 2024 [4] Segment Performance - City of Dreams generated total operating revenues of US$658.1 million in Q1 2025, up from US$550.9 million in Q1 2024, with Adjusted EBITDA increasing to US$195.9 million from US$153.6 million [6] - Studio City reported total operating revenues of US$354.5 million in Q1 2025, compared to US$331.4 million in Q1 2024, with Adjusted EBITDA rising to US$97.3 million from US$87.9 million [11] - Altira Macau's total operating revenues were US$27.9 million in Q1 2025, down from US$34.2 million in Q1 2024, with a negative Adjusted EBITDA of US$0.7 million [14] Gaming Operations - Rolling chip volume increased to US$6.05 billion in Q1 2025, compared to US$5.69 billion in Q1 2024, with a win rate of 3.74% [7] - Mass market table games drop increased to US$1.59 billion in Q1 2025, compared to US$1.48 billion in Q1 2024, with a hold percentage of 30.2% [8] Non-Gaming Revenue - Total non-gaming revenue at City of Dreams was US$84.1 million in Q1 2025, compared to US$80.6 million in Q1 2024 [9] - Total non-gaming revenue at Studio City remained stable at US$70.7 million for both Q1 2025 and Q1 2024 [13] Financial Position - Total cash and bank balances as of March 31, 2025, were US$1.23 billion, including US$125.3 million of restricted cash [30] - Total debt at the end of Q1 2025 was US$7.16 billion [30] Share Repurchase Program - From January 1, 2025, to May 7, 2025, Melco repurchased approximately 32.3 million ADSs for about US$165 million under its US$500 million share repurchase program [32]

The $100,000 Sands Cares contribution underwrites organizational capacity building to enable services for unemployed and underemployed women.LAS VEGAS, May 6, 2025 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) has contributed $100,000 through the Sands Cares global community engagement program to Dress for Success® (DFS) Southern Nevada for its professional styling, job readiness, career coaching and financial literacy programs, which empower disadvantaged women to pursue economic independence through a varie ...