Melco Dividend Not Returning Prior to 2024, Says Moody’sWritten by: Todd Shriber

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Melco Resorts & Entertainment (NASDAQ:MLCO) is unlikely to join the ranks of casino operators restoring dividends this year or in 2023. In a recent note, Moody’s Investors Service says Lawrence Ho’s gaming company probably won’t be able to restart its cash payout until 2024 owing to increasing leverage and still sluggish recovery in Macau. Like
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