Exhibit 99.1
FOR IMMEDIATE RELEASE
Melco Announces Appointment of President
Macau, Wednesday, September 4, 2019 - Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia, today announces that Mr. Evan Andrew Winkler has been appointed as President of the Company effective today. Mr. Winkler will report directly to the Company’s Chairman and Chief Executive Officer, Mr. Lawrence Ho. Mr. Winkler also serves as a board member of the Company and will continue to serve in that capacity.
In his capacity as President, Mr. Winkler will be responsible for the Company’sday-to-day operational matters globally. The Company’s operational departments will report directly to Mr. Winkler.
“The Company has seen extraordinary transformations over the last few years, which have been game changing, including expanding globally, opening Morpheus, bringing more beyond-gaming attractions than ever and building up a very strong team,” said Mr. Ho. “As we continue to move forward, I have the upmost trust in a team that has a proven track record of delivering outstanding growth for the Company.”
“I am honored by the trust placed in me by Melco’s founder, Chairman and Chief Executive Officer, Mr. Lawrence Ho,” said Mr. Winkler. “I joined Melco International Development Limited three years ago to help support and carry Mr. Ho’s vision and am excited to be able to play a broader role within the Melco group. It is a privilege to be able to work with one of the world’s leading management teams in delivering exceptional, world-class resort experiences to all our customers. I look forward to collaborating with more than 20,000 Melco colleagues around the world to continue to execute our Chairman’s vision and grow our portfolio of world-class resorts, support the governments and local economies in which Melco does business and create opportunities for our employees.”
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Melco Resorts & Entertainment Limited (the “Company”) may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the gaming market and visitations in Macau and the Philippines, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) gaming authority and other governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.
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