Texas Capital downgrades Melco Resorts as shares decline
The downgrade accompanied a decline in Melco’s shares on above-average trading volume.
Coverage since 27 August 2026. Open in the feed
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Activity summary: Melco Resorts appears in 3 entries across 2 markets (mainly Philippines, USA). By desk: Deals & M&A 2, Licences & markets 1. Computed from our records only.
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The downgrade accompanied a decline in Melco’s shares on above-average trading volume.
City of Dreams Manila management is considering entry into the Philippines’ online gaming market.
Moody’s expects Macau gaming market expansion and stable market share to support Melco Resorts’ revenue growth.
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