• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Melco Resorts pay hike, bonus to non-management staff

Feb 14, 2018 Newsdesk Latest News, Macau, Top of the deck  


Melco Resorts pay hike, bonus to non-management staff

Asian casino developer Melco Resorts and Entertainment Ltd announced on Tuesday a salary increase and a bonus for its eligible non-management employees.

The company said a “one-month discretionary bonus” has been paid to all eligible non-management employees “in advance of the Chinese New Year”. “Melco has always and continues to see employees as a top priority for the company,” said the firm in a press release.

The company did not specify how many workers were eligible for the payment, nor the aggregate amount involved.

Melco Resorts operates three full-scale casino properties in Macau – City of Dreams Macau, Studio City and Altira Macau (pictured) – and City of Dreams Manila in the Philippines.

Melco Resorts said additionally that it would increase salaries of “all eligible non-management employees” by an average of 2.5 percent to 8.1 percent, with effect from April 1, 2018.

Eligible full-time employees earning up to MOP16,000 (US$2,000) per month will receive a pay increase of MOP600 per month, it stated. The casino operator said the award represented an increase in the range of 3.8 percent to 8.1 percent for workers in that wage bracket.

The firm’s eligible employees earning more than MOP16,000 per month will receive on average an increment of 2.5 percent, Melco Resorts said.

“Melco’s employees are our strongest asset, as a token of our heartfelt thanks for their unfailing dedication, contribution and loyalty, we are pleased to announce a discretionary bonus and a competitive pay increment to our employees,” said Lawrence Ho Yau Lung, Melco Resorts chairman and chief executive, in a statement included in Tuesday’s release.

Melco Resorts was the last of Macau’s six casino operators to publicly announce a bonus for staff this year. The firm was the third among Macau gaming companies to publicly announce a pay rise for 2018.

The casino firm announced last week that it was increasing its normal quarterly dividend payment by 50 percent. For full-year 2017, Melco Resorts said its net income nearly doubled to US$347.0 million, compared to US$175.9 million in 2016.


  • tweet
Related articles
  • Melco’s Studio City has foreigner-only bet zone: checks
    Melco’s Studio City has...

    Mar 27, 2023  

  • Casino op SJM 2024 EBITDA to hit US$510mln: Moody’s
    Casino op SJM 2024 EBITDA to hit...

    Mar 22, 2023  

More news
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govt
    Macau March GGR up 247pct y-o-y, to...

    Apr 01, 2023  

  • Some Macau hotels say no rooms vacant 3 days of Easter
    Some Macau hotels say no rooms vacant 3...

    Mar 31, 2023  


Latest News

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Apr 01, 2023  

Macau’s casino gross gaming revenue (GGR) was up 246.9 percent year-on-year in March, to just under MOP12.74 billion (US$1.58 billion). The March tally was up 23.4 percent month-on-month,...
Read More
Some Macau hotels say no rooms vacant 3 days of Easter

Some Macau hotels say no rooms vacant 3 days of Easter

Mar 31, 2023  

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Mar 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”

Casino investor LET Group

On the development of a casino hotel in Manila, the Philippine capital



Most Popular

  • Some Macau hotels say no rooms vacant 3 days of EasterSome Macau hotels say no rooms vacant 3 days of Easter March 31, 2023
  • Japan govt delays IR decision due to local elections: reportJapan govt delays IR decision due to local elections: report March 30, 2023
  • Sands China ups ties to China showbiz giant Star CMSands China ups ties to China showbiz giant Star CM March 29, 2023
  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’sMacau 2023 GGR at 45pct of pre-Covid level: Moody’s March 31, 2023
  • Macau got 16k mainland package tourists in Feb reopeningMacau got 16k mainland package tourists in Feb reopening March 29, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us