Melco Resorts & Entertainment Limited (MLCO) 20-F 22 Mar 24 2023 FY Annual report (foreign) Financial data

Cover Page

Cover Page	12 Months Ended
	Dec. 31, 2023 shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Trading Symbol	MLCO
Entity Registrant Name	MELCO RESORTS & ENTERTAINMENT LIMITED
Entity Voluntary Filers	No
Entity Central Index Key	0001381640
Entity File Number	001-33178
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	1,329,679,067
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	71 Robinson Road #04-03
Entity Address, City or Town	Singapore
Entity Address, Country	SG
Entity Address, Postal Zip Code	068895
Document Registration Statement	false
ICFR Auditor Attestation Flag	true
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Accounting Standard	U.S. GAAP
Title of 12(b) Security	American depositary shares each representing three ordinary shares
Security Exchange Name	NASDAQ
Security Reporting Obligation	15(d)
Auditor Name	Ernst & Young LLP
Auditor Firm ID	1247
Auditor Location	Singapore
Document Financial Statement Error Correction [Flag]	false
Other Address [Member]
Document Information [Line Items]
Entity Address, Address Line One	38th Floor, The Centrium, 60 Wyndham Street
Entity Address, City or Town	Central
Entity Address, Country	HK
Business Contact [Member]
Document Information [Line Items]
Contact Personnel Name	Amy Kuzdowicz, Senior Vice President, Chief Accounting Officer
Entity Address, Address Line One	71 Robinson Road #04-03
Entity Address, City or Town	Singapore
Entity Address, Country	SG
Entity Address, Postal Zip Code	068895
City Area Code	+65
Local Phone Number	8488 9770
Phone Fax Number Description	+852 2537 3618

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents		$ 1,310,715	$ 1,812,729
Restricted cash	[1]	27	50,992
Accounts receivable, net of allowances for credit losses of $153,863 and $202,278		$ 91,638	$ 55,992
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]		Related Party [Member]	Related Party [Member]
Receivables from affiliated companies		$ 797	$ 630
Inventories		29,427	26,416
Prepaid expenses and other current assets		111,688	119,410
Assets held for sale		0	8,503
Total current assets		1,544,292	2,074,672
Property and equipment, net		5,533,994	5,870,905
Intangible assets, net		304,652	43,610
Goodwill		81,582	81,606
Long-term prepayments, deposits and other assets, net of allowances for credit losses of $2,377 and $14,966		$ 100,320	$ 159,697
Other Receivable, after Allowance for Credit Loss, Noncurrent, Related Party, Type [Extensible Enumeration]		Related Party [Member]	Related Party [Member]
Receivables from an affiliated company		$ 0	$ 216,333
Restricted cash	[2]	125,094	124,736
Deferred tax assets, net		0	638
Operating lease right-of-use assets		62,356	58,715
Land use rights, net		582,782	670,872
Total assets		8,335,072	9,301,784
Current liabilities:
Accounts payable		11,752	6,730
Accrued expenses and other current liabilities		1,008,316	809,305
Income tax payable		28,183	11,610
Operating lease liabilities, current		19,685	12,761
Finance lease liabilities, current		35,307	34,959
Current portion of long-term debt, net		$ 0	$ 322,500
Other Liability, Current, Related Party, Type [Extensible Enumeration]		Related Party [Member]	Related Party [Member]
Payables to affiliated companies		$ 377	$ 761
Total current liabilities		1,103,620	1,198,626
Long-term debt, net		7,472,620	8,090,008
Other long-term liabilities		322,591	33,712
Deferred tax liabilities, net		34,959	39,677
Operating lease liabilities, non-current		53,858	55,832
Finance lease liabilities, non-current		187,474	198,291
Total liabilities		9,175,122	9,616,146
Commitments and contingencies (Note 21)
Deficit:
Ordinary shares, par value $0.01; 7,300,000,000 shares authorized; 1,404,679,067 and 1,445,052,143 shares issued; 1,311,270,775 and 1,335,307,327 shares outstanding, respectively		14,047	14,451
Treasury shares, at cost; 93,408,292 and 109,744,816 shares, respectively		(255,068)	(241,750)
Additional paid-in capital		3,109,212	3,218,895
Accumulated other comprehensive losses		(98,599)	(111,969)
Accumulated losses		(4,056,872)	(3,729,952)
Total Melco Resorts & Entertainment Limited shareholders' deficit		(1,287,280)	(850,325)
Noncontrolling interests		447,230	535,963
Total deficit		(840,050)	(314,362)
Total liabilities and deficit		$ 8,335,072	$ 9,301,784
[1]As of December 31, 2023 and 2022, the current portion of restricted cash included bank time deposits of nil and $50,971, respectively. On September 20, 2022, Melco Resorts Macau provided a bank guarantee in an amount of Macau Patacas (“MOP”) 820,000 (equivalent to $101,942) to the Macau government to guarantee the satisfaction of any labor liabilities upon expiry of the previous gaming subconcession. As stipulated in the bank guarantee contract, MOP410,000 (equivalent to $50,971) was required to be held in a cash deposit account as collateral to secure the bank guarantee. In January 2023, such bank guarantee and the cash deposited in the collateral bank account were released. The cash of MOP410,000 (equivalent to $50,971) deposited in the collateral account was included in the current portion of restricted cash in the accompanying consolidated balance sheets as of December 31, 2022.[2]As of December 31, 2023 and 2022, the non-current portion of restricted cash included bank time deposits of $124,556 and $124,592, respectively. On December 9, 2022, as required by the Concession, Melco Resorts Macau provided a bank guarantee in favor of the Macau government of MOP1,000,000 (equivalent to $124,319) to secure the fulfillment of performance of certain of its legal and contractual obligations, including labor obligations. As stipulated in the bank guarantee contract, the amount of MOP1,000,000 (equivalent to $124,319), or an equivalent amount in other currencies, is required to be held in a cash deposit account as collateral in order to secure the bank guarantee. The bank guarantee will remain in effect until 180 days after the earlier of the expiration or termination of the Concession. As of December 31, 2023 and 2022, the cash of Hong Kong dollars (“HK$”) 970,874 (equivalent to MOP1,000,000) held in the collateral bank account was translated to $124,284 and $124,319, respectively, and included in the non-current portion of restricted cash in the accompanying consolidated balance sheets.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Accounts receivable, allowances for credit losses	$ 153,863	$ 202,278
Long-term prepayments, deposits and other assets, allowances for credit losses	$ 2,377	$ 14,966
Ordinary shares, par value	$ 0.01	$ 0.01
Ordinary shares, authorized	7,300,000,000	7,300,000,000
Ordinary shares, issued	1,404,679,067	1,445,052,143
Ordinary shares, outstanding	1,311,270,775	1,335,307,327
Treasury shares, shares	93,408,292	109,744,816

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating revenues:
Operating revenues	$ 3,775,247	$ 1,349,977	$ 2,012,356
Operating costs and expenses:
General and administrative	(488,127)	(423,225)	(426,407)
Payments to the Philippine Parties	(42,451)	(28,894)	(26,371)
Pre-opening costs	(43,994)	(15,585)	(4,157)
Development costs	(1,202)	0	(30,677)
Amortization of gaming subconcession	0	(32,785)	(57,276)
Amortization of land use rights	(22,670)	(22,662)	(22,832)
Depreciation and amortization	(520,726)	(466,492)	(499,739)
Property charges and other	(228,437)	(39,982)	(30,575)
Total operating costs and expenses	(3,710,288)	(2,093,082)	(2,589,807)
Operating income (loss)	64,959	(743,105)	(577,451)
Non-operating income (expenses):
Interest income	23,305	26,458	6,618
Interest expense, net of amounts capitalized	(492,391)	(376,722)	(350,544)
Other financing costs	(4,372)	(6,396)	(11,033)
Foreign exchange gains, net	2,232	3,904	4,566
Other income, net	2,748	3,930	3,082
Gain (loss) on extinguishment of debt	1,611	0	(28,817)
Total non-operating expenses, net	(466,867)	(348,826)	(376,128)
Loss before income tax	(401,908)	(1,091,931)	(953,579)
Income tax expense	(13,422)	(5,236)	(2,885)
Net loss	(415,330)	(1,097,167)	(956,464)
Net loss attributable to noncontrolling interests	88,410	166,641	144,713
Net loss attributable to Melco Resorts & Entertainment Limited	$ (326,920)	$ (930,526)	$ (811,751)
Net loss attributable to Melco Resorts & Entertainment Limited per share:
Basic	$ (0.249)	$ (0.669)	$ (0.566)
Diluted	$ (0.249)	$ (0.669)	$ (0.566)
Weighted average shares outstanding used in net loss attributable to Melco Resorts & Entertainment Limited per share calculation:
Basic	1,314,605,173	1,391,154,836	1,434,087,641
Diluted	1,314,605,173	1,391,154,836	1,434,087,641
Casino [Member]
Operating revenues:
Operating revenues	$ 3,077,312	$ 1,076,398	$ 1,676,263
Operating costs and expenses:
Cost of revenue	(2,034,848)	(912,839)	(1,320,882)
Rooms [Member]
Operating revenues:
Operating revenues	338,224	116,552	157,501
Operating costs and expenses:
Cost of revenue	(87,637)	(46,199)	(49,895)
Food and Beverage [Member]
Operating revenues:
Operating revenues	208,885	85,518	97,665
Operating costs and expenses:
Cost of revenue	(163,492)	(82,000)	(91,533)
Entertainment, Retail and Other [Member]
Operating revenues:
Operating revenues	150,826	71,509	80,927
Operating costs and expenses:
Cost of revenue	$ (76,704)	$ (22,419)	$ (29,463)

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (415,330)	$ (1,097,167)	$ (956,464)
Other comprehensive income (loss):
Foreign currency translation adjustments	13,310	(41,082)	(78,992)
Other comprehensive income (loss)	13,310	(41,082)	(78,992)
Total comprehensive loss	(402,020)	(1,138,249)	(1,035,456)
Comprehensive loss attributable to noncontrolling interests	88,470	171,762	159,029
Comprehensive loss attributable to Melco Resorts & Entertainment Limited	$ (313,550)	$ (966,487)	$ (876,427)

CONSOLIDATED STATEMENTS OF (DEF

CONSOLIDATED STATEMENTS OF (DEFICIT) EQUITY - USD ($) $ in Thousands	Total	Philippine Subsidiaries [Member]	Studio City International [Member]	Ordinary Shares [Member]	Treasury Shares [Member]	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member] Philippine Subsidiaries [Member]	Additional Paid-in Capital [Member] Studio City International [Member]	Accumulated Other Comprehensive Losses [Member]	Accumulated Losses [Member]	Noncontrolling Interests [Member]	Noncontrolling Interests [Member] Philippine Subsidiaries [Member]	Noncontrolling Interests [Member] Studio City International [Member]
Beginning balance at Dec. 31, 2020	$ 1,838,071			$ 14,565	$ (121,028)	$ 3,207,312			$ (11,332)	$ (1,987,396)	$ 735,950
Beginning balance (in shares) at Dec. 31, 2020				1,456,547,942	(25,582,630)
Net loss	(956,464)									(811,751)	(144,713)
Foreign currency translation adjustments	(78,992)								(64,676)		(14,316)
Share-based compensation	71,908					71,894					14
Shares repurchased by the Company (in shares)					(16,116,135)
Shares repurchased by the Company	(52,026)				$ (52,026)
Issuance of shares for restricted shares vested (in shares)					6,042,543
Issuance of shares for restricted shares vested	(233)				$ 28,516	(28,749)
Exercise of share options (in shares)					2,478,594
Exercise of share options	6,368				$ 11,682	(5,314)
Changes in shareholdings of subsidiaries		$ (8,518)					$ (6,951)					$ (1,567)
Restricted shares granted to employees of an affiliated company, net of adjustment						408				(408)
Dividends declared to noncontrolling interests	(229)										(229)
Ending balance at Dec. 31, 2021	819,885			$ 14,565	$ (132,856)	3,238,600			(76,008)	(2,799,555)	575,139
Ending balance (in shares) at Dec. 31, 2021				1,456,547,942	(33,177,628)
Net loss	(1,097,167)									(930,526)	(166,641)
Foreign currency translation adjustments	(41,082)								(35,961)		(5,121)
Share-based compensation	62,841					62,831					10
Shares repurchased by the Company (in shares)					(102,783,027)
Shares repurchased by the Company	(189,161)				$ (189,161)
Retirement of repurchased shares (in shares)				(11,495,799)	11,495,799
Retirement of repurchased shares				$ (114)	$ 21,971	(21,857)
Issuance of shares for restricted shares vested (in shares)					14,720,040
Issuance of shares for restricted shares vested	(460)				$ 58,296	(58,756)
Exercise of share options (in shares)					0
Changes in shareholdings of subsidiaries		(3,310)	$ 134,103				(2,952)	$ 879				(358)	$ 133,224
Restricted shares granted to employees of an affiliated company, net of adjustment						(129)				129
Reimbursement from an affiliated company for restricted shares granted to its employees	279					279
Dividends declared to noncontrolling interests	(290)										(290)
Ending balance at Dec. 31, 2022	(314,362)			$ 14,451	$ (241,750)	3,218,895			(111,969)	(3,729,952)	535,963
Ending balance (in shares) at Dec. 31, 2022				1,445,052,143	(109,744,816)
Net loss	(415,330)									(326,920)	(88,410)
Foreign currency translation adjustments	13,310								13,370		(60)
Share-based compensation	48,340					48,336					4
Shares repurchased by the Company (in shares)					(40,373,076)
Shares repurchased by the Company	(169,836)				$ (169,836)
Retirement of repurchased shares (in shares)				(40,373,076)	40,373,076
Retirement of repurchased shares				$ (404)	$ 108,375	(107,971)
Issuance of shares for restricted shares vested (in shares)					16,254,282
Issuance of shares for restricted shares vested	(1,549)				$ 47,903	(49,452)
Exercise of share options (in shares)					82,242
Exercise of share options	226				$ 240	(14)
Changes in shareholdings of subsidiaries		$ (672)					$ (582)					$ (90)
Dividends declared to noncontrolling interests	(177)										(177)
Ending balance at Dec. 31, 2023	$ (840,050)			$ 14,047	$ (255,068)	$ 3,109,212			$ (98,599)	$ (4,056,872)	$ 447,230
Ending balance (in shares) at Dec. 31, 2023				1,404,679,067	(93,408,292)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net loss	$ (415,330)	$ (1,097,167)	$ (956,464)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	543,396	521,939	579,847
Amortization of deferred financing costs and original issue premiums	19,461	17,056	16,276
(Payment for) interest accretion on finance lease liabilities	(12,825)	(16,843)	17,218
Interest accretion on financial liabilities	4,692	0	0
Net loss on disposal of property and equipment	443	476	807
Impairment of long-lived assets	207,608	3,595	3,643
Impairment of assets held for sale	0	6,794	0
Net (gain) loss on disposal of assets held for sale	(4,468)	477	0
(Reversal of) provision for credit losses	(3,351)	(433)	6,450
Provision for input value-added tax	6,665	5,714	3,023
(Gain) loss on extinguishment of debt	(1,611)	0	28,817
Share-based compensation	35,473	71,809	67,957
Changes in operating assets and liabilities:
Accounts receivable	(31,526)	(396)	67,571
Inventories, prepaid expenses and other	20,176	4,187	16,134
Long-term prepayments, deposits and other	16,573	(16,405)	61,952
Accounts payable, accrued expenses and other	212,377	(121,288)	(178,853)
Other long-term liabilities	24,937	1,051	(3,152)
Net cash provided by (used in) operating activities	622,690	(619,434)	(268,774)
Cash flows from investing activities:
Payments for capitalized construction costs	(132,923)	(479,883)	(532,660)
Acquisition of property and equipment	(124,101)	(129,731)	(139,155)
Acquisition of intangible and other assets	(6,864)	(12,478)	(7,579)
Proceeds from sale of property and equipment	530	423	4,843
Proceeds from sale of assets held for sale	14,845	15,562	0
Proceeds from loan repayment from an affiliated company	200,000	0	0
Payment of loan to an affiliated company	0	(200,000)	0
Placement of bank deposits with original maturities over three months	0	0	(298,666)
Withdrawals of bank deposits with original maturities over three months	0	0	298,666
Net cash used in investing activities	(48,513)	(806,107)	(674,551)
Cash flows from financing activities:
Repayments of long-term debt	(2,201,562)	0	(502,831)
Repurchase of shares	(169,836)	(189,161)	(52,026)
Payments of Concession and license liabilities	(7,981)	0	0
Purchase of shares of a subsidiary	(671)	(3,310)	(8,518)
Payments of financing costs	(530)	(7,990)	(37,396)
Dividends paid	(314)	(196)	0
Proceeds from exercise of share options	226	0	7,101
Proceeds from long-term debt	1,251,544	1,849,839	1,416,012
Net proceeds from (payments for) issuance of shares of subsidiaries	0	134,103	(445)
Principal payments on finance lease liabilities	0	0	(152)
Net cash (used in) provided by financing activities	(1,129,124)	1,783,285	821,745
Effect of exchange rate on cash, cash equivalents and restricted cash	2,326	(22,602)	19,359
(Decrease) increase in cash, cash equivalents and restricted cash, including those classified within assets held for sale	(552,621)	335,142	(102,221)
Cash, cash equivalents and restricted cash at beginning of year	1,988,457	1,653,315	1,755,770
Cash, cash equivalents and restricted cash at end of year, including those classified within assets held for sale	1,435,836	1,988,457	1,653,549
Less: cash and cash equivalents classified within assets held for sale	0	0	(234)
Cash, cash equivalents and restricted cash at end of year	1,435,836	1,988,457	1,653,315
Supplemental cash flow disclosures:
Cash paid for interest, net of amounts capitalized	(490,910)	(350,737)	(310,319)
Cash paid for income taxes, net of refunds	(1,001)	(2,989)	(4,524)
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from operating leases	(17,135)	(15,393)	(23,398)
Change in operating lease liabilities arising from obtaining operating lease right-of-use assets and lease modification	22,365	9,425	8,849
Change in right-of-use assets held under finance lease and finance lease liabilities arising from lease modification	0	106,407	0
Change in accrued expenses and other current liabilities and other long-term liabilities related to acquisition of property and equipment	28,543	32,042	29,251
Change in input value-added tax related to acquisition of property and equipment	0	0	8,276
Change in accrued expenses and other current liabilities and other long-term liabilities related to construction costs	4,429	107,158	145,284
Change in accrued expenses and other current liabilities related to acquisition of intangible assets	6,280	0	0
Change in other current and other long-term liabilities arising from recognition of intangible assets (Note 7)	$ 312,647	$ 0	$ 0

ORGANIZATION AND BUSINESS

ORGANIZATION AND BUSINESS	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS	1. ORGANIZATION AND BUSINESS (a) Company Information Melco Resorts & Entertainment Limited (“Melco”) is incorporated in the Cayman Islands and its American depositary shares (“ADSs”) are listed on the Nasdaq Global Select Market under the symbol “MLCO” in the United States of America (the “U.S.”). Melco together with its subsidiaries (collectively referred to as the “Company”) is a developer, owner and operator of integrated resort facilities in Asia and Europe. In the Macau Special Administrative Region of the People’s Republic of China (“Macau”), the Company operates its gaming business through its subsidiary, Melco Resorts (Macau) Limited (“Melco Resorts Macau”), a holder of a ten-year non-casino Melco International Development Limited (“Melco International”), a company listed in the Hong Kong Special Administrative Region of the People’s Republic of China (“Hong Kong”), is the single largest shareholder of Melco. (b) Recent Developments Related to Business Operations and COVID-19 The Company completed construction of its Studio City Phase 2 expansion before the extended deadline of June 30, 2023 for the development period under the Studio City land concession. The first stage of Studio City Phase 2 was opened in April 2023 while the second stage was opened in September 2023. City of Dreams Mediterranean commenced operations before the extended deadline of June 30, 2023 under the terms of the gaming license. Since the opening, City of Dreams Mediterranean has been impacted by, amongst other things, the Israel-Hamas military conflict. This, together with the on-going military conflict between Russia and Ukraine and restrictions on the ability to accept certain customers from Russia, continues to have a negative impact on the Company’s business and may materially and adversely affect the Company’s business in Cyprus. While the Company’s business continues to recover from the impact of, and disruptions caused by, COVID-19, The Company is currently unable to reasonably estimate the financial impact on its future results of operations, cash flows and financial condition from various disruptions. As of December 31, 2023, the Company had The Company continues to take cash preservation measures such as implementing cost reduction programs to minimize cash outflows for non-essential The Company believes it is able to support continuing operations and capital expenditures for at least twelve months after the date that these consolidated financial statements are issued. Accordingly, the accompanying consolidated financial statements are prepared on a going concern basis.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). The accompanying consolidated financial statements include the accounts of Melco and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. (b) Use of Estimates The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Accordingly, actual results could differ from those estimates. (c) Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e. the “exit price”) in an orderly transaction between market participants at the measurement date. The Company estimated the fair values using appropriate valuation methodologies and market information available as of the balance sheet date. (d) Cash and Cash Equivalents Cash and cash equivalents consist of cash and highly liquid investments with original maturities of three months or less. Cash equivalents consist of bank time deposits placed with financial institutions with high-credit ratings and quality. (e) Restricted Cash The current portion of restricted cash represents cash deposited into bank accounts which are restricted as to withdrawal and use and the Company expects these funds will be released or utilized in accordance with the terms of the respective agreements within the next twelve months, while the non-current 1 (f) Accounts Receivable and Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of casino accounts receivable. The Company issues credit in the form of markers to approved casino customers following investigations of creditworthiness. Credit is/can be given to gaming promoters. These receivables can be offset against commissions payable and any other value items held by the Company to the respective customers and gaming promoters for which the Company intends to set off when required. As of December 31, 2023 and 2022, a substantial portion of the Company’s markers were due from customers and gaming promoters residing in foreign countries. Business and economic conditions, the legal enforceability of gaming debts, foreign currency control measures or other significant events in foreign countries could affect the collectability of receivables from customers and gaming promoters residing in these countries. Accounts receivable, including casino, hotel and other receivables, are typically non-interest for credit losses is estimated based on specific reviews of the age of the balances owed, the customers’ financial condition, management’s experience with the collection trends of the customers, current business and economic conditions, and management’s expectations of future business and economic conditions. Management believes that as of December 31, 2023 and 2022, no significant concentrations of credit risk existed for which an allowance had not already been recorded. (g) Inventories Inventories consist of retail merchandise, food and beverage items and certain operating supplies, which are stated at the lower of cost or net realizable value. Cost is calculated using the first-in, first-out, (h) Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets represent current assets that are typically used up or expire within the normal operating cycle of the Company. The prepaid expenses as of December 31, 2023 and 2022 were respectively. (i) Assets Held For Sale Assets (disposal group) classified as held for sale are measured at the lower of their carrying amounts or fair values less costs to sell. Losses are recognized for any initial or subsequent write-down to fair values less costs to sell, while gains are recognized for any subsequent increases in fair values less costs to sell, but not in excess of the cumulative losses previously recognized. Assets are not depreciated and amortized while classified as held for sale. No impairment on assets held for sale was recognized during the years ended December 31, 2023 and 2021. During the year ended December 31, 2022, an impairment of assets held for sale of , which related to a significant decrease in the market value of a piece of freehold land in Japan as described in Note 5, was recognized and included in property charges and other in the accompanying consolidated statements of operations. The fair value of the freehold land was calculated by using level 3 inputs based on the market approach. (j) Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization, and accumulated impairment, if any. Gains or losses on dispositions of property and equipment are included in the accompanying consolidated statements of operations. Major additions, renewals and betterments are capitalized, while maintenance and repairs are expensed as incurred. During the construction and development stage of the Company’s integrated resort facilities, direct and incremental costs related to the design and construction, including costs under construction contracts, duties and tariffs, equipment installations, shipping costs, payroll and payroll-benefit related costs, applicable portions of interest, including amortization of deferred financing costs, are capitalized in property and equipment. The capitalization of such costs begins when the construction and development of a project starts and ceases once the construction is substantially completed or development activity is substantially suspended. Depreciation and amortization expense related to capitalized construction costs and other property and eq ui Property and equipment are depreciated and amortized over the following estimated useful lives on a straight-line basis: Freehold land Not depreciated Buildings 4 to 40 years Transportation 5 to 10 years Leasehold improvements 3 to 10 years or over the lease term, whichever is shorter Furniture, fixtures and equipment 2 to 15 years Plant and gaming machinery 3 to 5 years During the years ended December 31, 2023, 2022 and 2021, impairments of property and equipment of $110,033, $3,595 and $3,643, being part of the impairment of long-lived assets as described in Note 2(m), were recognized, respectively, and included in property charges and other in the accompanying consolidated statements of operations. (k) Capitalized Interest Interest, including amortization of deferred financing costs, associated with major development and construction projects is capitalized and included in the cost of the projects. The capitalization of interest ceases when the project is substantially completed or the development activity is substantially suspended. The amount to be capitalized is determined by applying the weighted average interest rate of the Company’s outstanding borrowings to the average amount of accumulated qualifying capital expenditures for assets under construction during the year. Total interest expense incurred amounted to (l) Goodwill and Intangible Assets Goodwill represents the excess of the acquisition cost over the fair value of tangible and identifiable intangible net assets of any business acquired. Goodwill is not amortized, but is tested for impairment at the reporting unit level on an annual basis, and between annual tests when circumstances indicate that the carrying value of goodwill may not be recoverable. Intangible assets other than goodwill are amortized over their useful lives unless their lives are determined to be indefinite in which case they are not amortized. Intangible assets are stated at cost, net of accumulated amortization, and accumulated impairment, if any. The Company’s finite-lived intangible assets consist of the previous gaming subconcession for the period up to its expiry on December 31, 2022, the Concession, the Cyprus License (as defined in Note 7), internal-use Costs incurred to develop software for internal use are capitalized and amortized over the estimated useful lives of the software of 3 to 15 years on a straight-line basis. The capitalization of such costs begins during the application development stage of the software project and ceases once the software project is substantially complete and ready for its intended use. Costs of specified upgrades and enhancements to the internal-use When performing the impairment analysis for goodwill and intangible assets with indefinite lives, the Company will first perform a qualitative assessment to determine whether it is necessary to perform a quantitative impairment test. If the qualitative factors indicate that the carrying amount of the reporting unit is more likely than not to exceed the fair value, then a quantitative impairment test is performed. To perform a quantitative impairment test of intangible assets with indefinite lives, the Company performs an assessment that consists of a comparison of the fair values of the intangible assets with indefinite lives with their carrying amounts. An impairment is recognized in an amount equal to the excess of the carrying amounts over the fair values of the intangible assets with indefinite lives. To perform a quantitative impairment test of goodwill, the Company performs an assessment that consists of a comparison of the carrying value of a reporting unit with its fair value. The fair value of the reporting unit is determined using income valuation approaches through the application of the discounted cash flow method. Estimating fair value of the reporting unit involves significant assumptions, including future revenue growth rates, future market conditions, gross margin, discount rate and terminal growth rate. If the carrying value of the reporting unit exceeds its fair value, an impairment is recognized for the amount by which the carrying value exceeds the reporting unit’s fair value, limited to the total amount of goodwill allocated to that reporting unit. No impairment on goodwill and intangible assets with indefinite lives was recognized during the years ended December 31, 2023, 2022 and 2021. During the year ended December 31, 2023, an intangible asset with finite lives for Altira Macau was fully impaired, being part of the impairment of long-lived assets as described in Note 2(m). No impairment on intangible assets with finite lives was recognized during the years ended December 31, 2022 and 2021. ( m Impairment of Long-lived Assets (Other Than Goodwill) The Company evaluates the long-lived assets with finite lives to be held and used for impairment whenever indicators of impairment exist. The Company then compares the estimated future cash flows of the assets, on an undiscounted basis, to the carrying values of the assets. Estimating future cash flows of the assets involves significant assumptions, including future revenue growth rates, future market conditions and gross margin. If the undiscounted cash flows exceed the carrying values, no impairments are indicated. If the undiscounted cash flows do not exceed the carrying values, then an impairment charge is recorded based on the fair values of the assets, typically measured using a discounted cash flow model involving significant assumptions, such as discount rates. If an asset is still under development, future cash flows include remaining construction costs. During the year ended December 31, 2023, with the market value of Altira Macau significantly decreased as a result of a change in its forecasted performance given the latest market conditions and lingering disruptions to the business caused by COVID-19 and the Company’s earlier cessation of arrangements with gaming promoters in Macau, the Company recognized an impairment of long-lived assets in relation to Altira Macau of $207,608 which was recognized and included in property charges and other in the accompanying consolidated statements of operations. Such amount included the impairment of Altira Macau’s property and equipment of $110,033 , and the full impairment of the finite-lived intangible assets, land use rights and operating lease right-of-use assets $30,435 , $65,172 and $ , respectively. The fair values of the long-lived assets of Altira Macau were estimated by using level 3 inputs based on a combination of income and cost approaches. During the year ended December 31, 2022, an impairment of long-lived assets of $ represents the impairment of property and equipment which related to a significant decrease in the market value of an aircraft as described in Note 5 was recognized and included in property charges and other in the accompanying consolidated statements of operations. The fair value of the aircraft was estimated by using level 2 inputs based on a buyer indicative purchase price. During the year ended December 31, 2021, an impairment of long-lived assets of $ represents impairment of property and equipment, mainly due to reconfigurations and renovations at the Company’s operating properties, and of which $ related to a significant decrease in the market value of a piece of freehold land as described in Note 5 was recognized and included in property charges and other in the accompanying consolidated statements of operations. The fair value of the freehold land was calculated by using level 3 inputs based on the market approach. (n) Deferred Financing Costs Direct and incremental costs incurred in obtaining loans or in connection with the issuance of long-term debt are capitalized and amortized to interest expense over the terms of the related debt agreements using the effective interest method. Deferred financing costs incurred in connection with the issuance of revolving credit facilities are included in other assets, either current or non-current, (o) Land Use Rights Land use rights represent the upfront land premiums paid for the use of land held under operating leases, which are stated at cost, net of accumulated amortization, and accumulated impairment, if any. Amortization is provided over the estimated term of the land use rights of years on a . During the year ended December 31, 2023, land use right for Altira Macau was fully impaired, being part of the impairment of long-lived assets as described in Note 2(m). No impairment on land use rights was recognized during the years ended December 31, 2022 and 2021. (p) Leases At the inception of the contract or upon modification, the Company will perform an assessment as to whether the contract is a lease or contains a lease. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. A lessee has control of an identified asset if it has both the right to direct the use of the asset and the right to receive substantially all of the economic benefits from the use of the asset. Finance and operating lease right-of-use right-of-use The Company’s lease contracts have lease and non-lease non-lease non-lease During the year ended December 31, 2023, operating lease right-of-use assets for Altira Macau was fully impaired, being part of the impairment of long-lived assets as described in Note 2(m). No impairment on operating lease right-of-use assets was recognized during the years ended December 31, 2022 and 2021. (q) Revenue Recognition The Company’s revenues from contracts with customers consist of casino wagers, sales of rooms, food and beverage, entertainment, retail and other goods and services. Gross casino revenues are measured by the aggregate net difference between gaming wins and losses. The Company accounts for its casino wagering transactions on a portfolio basis versus an individual basis as all wagers have similar characteristics. Commissions rebated to customers and gaming promoters, cash discounts and other cash incentives earned by customers are recorded as reductions of casino revenues. In addition to the wagers, casino transactions typically include performance obligations related to complimentary goods or services provided to incentivize future gaming or in exchange for incentives or points earned under the Company’s non-discretionary For casino transactions that include complimentary goods or services provided by the Company to incentivize future gaming, the Company allocates the standalone selling price of each good or service to the appropriate revenue type based on the good or service provided. Complimentary goods or services that are provided under the Company’s control and discretion and supplied by third parties are recorded as operating expenses. The Company operates different non-discretionary After allocating amounts to the complimentary goods or services provided and to the points earned under the Loyalty Programs, the residual amount is recorded as casino revenue when the wagers are settled. The Company follows the accounting standards for reporting revenue gross as a principal versus net as an agent, when accounting for the operations of two of its externally managed hotels and Grand Dragon Casino and concluded that it is the controlling entity and is the principal to these arrangements. For the operations of these two externally managed hotels, as the Company is the owner of the hotel properties, the hotel managers operate the respective hotels under management agreements providing management services to the Company, and the Company receives all rewards and takes substantial risks associated with the hotel businesses. The Company is the principal and the transactions are, therefore, recognized on a gross basis. For the operations of Grand Dragon Casino, given the Company operates the casino under a right to use agreement with the owner of the casino premises and has full responsibility for the casino operations in accordance with the Concession or its previous gaming subconcession, it is the principal and casino revenue is, therefore, recognized on a gross basis. The transaction prices for rooms, food and beverage, entertainment, retail and other goods and services are the net amounts collected from customers for such goods and services that are recorded as revenues when the goods are provided, services are performed or events are held. Service taxes and other applicable taxes collected by the Company are excluded from revenues. Advance deposits on rooms and advance ticket sales are recorded as customer deposits until services are provided to the customers. Revenues from contracts with multiple goods or services provided by the Company are allocated to each good or service based on its relative standalone selling price. Minimum operating and right to use fees representing lease revenues, adjusted for contractual base fees and operating fee escalations, are included in other revenues and are recognized over the terms of the related agreements on a straight-line basis. Contract and Contract-Related Liabilities In providing goods and services to customers, there may be a timing difference between cash receipts from customers and recognition of revenues, resulting in a contract or contract-related liability. The Company primarily has three types of liabilities related to contracts with customers: (1) outstanding gaming chips, which represent the amounts owed in exchange for gaming chips held by customers and gaming promoters, (2) loyalty program liabilities, which represent the deferred allocation of revenues relating to incentives earned from the Loyalty Programs, and (3) advance deposits and ticket sales, which represent casino front money deposits that are funds deposited by customers and gaming promoters before gaming play occurs and advance payments on goods and services yet to be provided such as advance ticket sales and deposits on rooms and convention space. These liabilities are generally expected to be recognized as revenues within one year of being purchased, earned or deposited and are recorded as accrued expenses and other current liabilities in the accompanying consolidated balance sheets. Decreases in these balances generally represent the recognition of revenues and increases in the balances represent additional chips held by customers and gaming promoters, increases in unredeemed incentives relating to the Loyalty Programs and additional deposits made by customers and gaming promoters. The following table summarizes the activities related to contract and contract-related liabilities: Outstanding gaming Loyalty program liabilities Advance deposits and 2023 2022 2023 2022 2023 2022 Balance at January 1 $ 37,354 $ 72,147 $ 15,568 $ 24,350 $ 278,591 $ 309,718 Balance at December 31 83,012 37,354 36,000 15,568 250,955 278,591 Increase (Decrease) $ 45,658 $ (34,793 ) $ 20,432 $ (8,782 ) $ (27,636 ) $ (31,127 ) (r) Gaming Taxes and License Fees The Company is subject to taxes and license fees based on gross gaming revenue and other metrics in the jurisdictions in which it operates, subject to applicable jurisdictional adjustments. These gaming taxes and license fees (including the Cyprus License Fee (as defined in Note 7) prior to the fulfillment of the Cyprus License Requirement (as defined in Note 7)), totaled $1,489,755, $489,730 and $842,722 for the years ended December 31, 2023, 2022 and 2021, respectively, are mainly recognized as casino expense in the accompanying consolidated statements of operations. (s) Pre-opening Pre-opening start-up pre-opening rra pre-opening one-off (t) Development Costs Development costs include the costs associated with the Company’s evaluation and pursuit of new business opportunities, which are expensed as incurred. (u) Advertising and Promotional Costs The Company expenses advertising and promotional costs the first time the advertising takes place or as incurred. Advertising and promotional costs included in the accompanying consolidated statements of operations were for the years ended December 31, 2023, 2022 and 2021, respectively. (v) Interest Income Interest income is recorded on an accrual basis at the stated interest rate and is recorded in interest income in the accompanying consolidated statements of operations. (w) Foreign Currency Transactions and Translations All transactions in currencies other than functional currencies of Melco and its subsidiaries during the year are remeasured at the exchange rates prevailing on the respective transaction dates. Monetary assets and liabilities existing at the balance sheet date denominated in currencies other than functional currencies are remeasured at the exchange rates existing on that date. Exchange differences are recorded in the accompanying consolidated statements of operations. The functional currency of Melco is the U.S. dollar (“$” or “US$”) and the functional currency of most of Melco’s foreign subsidiaries is the local currency in which the subsidiary operates. All assets and liabilities are translated at the rates of exchange prevailing at the balance sheet date and all income and expense items are translated at the average rates of exchange over the year. All exchange differences arising from the translation of foreign subsidiaries’ financial statements are recorded as a component of other comprehensive income (loss). (x) Comprehensive Loss and Accumulated Other Comprehensive Losses Comprehensive loss includes net loss and other non-shareholder As of December 31, 2023 and 2022, the Company’s accumulated other comprehensive losses consisted solely of foreign currency translation adjustments, net of tax and noncontrolling interests. (y) Share-based Compensation Expenses The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award and recognizes that cost over the service period. Compensation is attributed to the periods of associated service and such expense is recognized over the vesting period of the awards on a straight-line basis. Forfeitures are recognized when they occur. Further information on the Company’s share-based compensation arrangements is included in Note 16. (z) Income Tax The Company is subject to income taxes in Macau, Hong Kong, the Deferred income taxes are recognized for all significant temporary differences between the tax basis of assets and liabilities and their reported amounts in the accompanying consolidated financial statements. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing authorities. The Company’s income tax returns are subject to examination by tax authorit ies two-step (aa) Net Loss Attributable to Melco Resorts & Entertainment Limited Per Share Basic net loss attributable to Melco Resorts & Entertainment Limited per share is calculated by dividing the net loss attributable to Melco Resorts & Entertainment Limited by the weighted average number of ordinary shares outstanding during the year. Diluted net loss attributable to Melco Resorts & Entertainment Limited per share is calculated by dividing the net loss attributable to Melco Resorts & Entertainment Limited by the weighted average number of ordinary shares outstanding during the year adjusted to include the potentially dilutive effect of outstanding share-based awards. The weighted average number of ordinary and ordinary equivalent shares used in the calculation of basic and diluted net loss attributable to Melco Resorts & Entertainment Limited per share consisted of the following: Year Ended December 31,   2023   2022 2021 Weighted average number of ordinary shares outstanding used in the calculation of basic net loss attributable to Melco Resorts & Entertainment Limited per share 1,314,605,173 1,391,154,836 1,434,087,641 Incremental weighted average number of ordinary shares from assumed vesting of restricted shares and exercise of share options using the treasury stock method —  —  —  Weighted average number of ordinary shares outstanding used in the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share 1,314,605,173 1,391,154,836 1,434,087,641 Anti-dilutive share options and restricted shares excluded from the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share 26,921,336 44,366,752 46,532,956 (ab) Recent Changes in Accounting Standards Recent Accounting Pronouncement Not Yet Adopted The Company has evaluated the recently issued, but not yet effective, accounting pronouncements that have been issued or proposed by the Financial Accounting Standards Board or other standards-setting bodies through the filing date of these financial statements, and anticipated the future adoption of these pronouncements will not have a material effect on the Company’s financial position, results of operations and cash flows.

CASH, CASH EQUIVALENTS AND REST

CASH, CASH EQUIVALENTS AND RESTRICTED CASH	12 Months Ended
	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
CASH, CASH EQUIVALENTS AND RESTRICTED CASH	3. CASH, CASH EQUIVALENTS AND RESTRICTED CASH Cash, cash equivalents and restricted cash reported within the accompanying consolidated statements of cash flows consisted of the following: December 31, 2023 2022 Cash $ 934,224 $ 1,179,491 Cash equivalents 376,491 633,238 Total cash and cash equivalents 1,310,715 1,812,729 Current portion of restricted cash (1) 27 50,992 Non-current (2) 125,094 124,736 Total cash, cash equivalents and restricted cash $ 1,435,836 $ 1,988,457 (1) As of December 31, 2023 and 2022, the current portion of restricted cash included bank time deposits of nil and $50,971, respectively. On September 20, 2022, Melco Resorts Macau provided a bank guarantee in an amount of Macau Patacas (“MOP”) gaming (2) As of December 31, 2023 and 2022, the non-current On December 9, 2022, as required by the Concession, Melco Resorts Macau provided a bank guarantee in favor of the Macau government of MOP1,000,000 (equivalent to $124,319) to secure the fulfillment of performance of certain of its legal and contractual obligations, including labor obligations. As stipulated in the bank guarantee contract, the amount of or , respectively, non-current .

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
ACCOUNTS RECEIVABLE, NET	4. ACCOUNTS RECEIVABLE, NET Components of accounts receivable, net are as follows: December 31, 2023 2022 Casino $ 242,312 $ 271,653 Hotel 4,658 1,365 Other 908 218 Sub-total 247,878 273,236 Less: allowances for credit losses (1) (156,240 ) (217,244 ) 91,638 55,992 Non-current —  —  Current portion $ 91,638 $ 55,992 (1) As of as a reduction of the long-term casino accounts receivable, are recorded and included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheets, respectively. The Company’s allowances for casino credit losses were 64.4% and 80.0% of gross casino accounts receivable Movement in the allowances for credit losses are as follows: Year Ended December 31, 2023 2022 2021 Balance at beginning of year $ 217,244 $ 268,413 $ 333,792 (Reversal of) provision for credit losses (3,869 ) (892 ) 6,426 Write-offs, net of recoveries (56,805 ) (49,608 ) (69,712 ) Effect of exchange rate (330 ) (669 ) (2,093 ) Balance at end of year $ 156,240 $ 217,244 $ 268,413

ASSETS HELD FOR SALE

ASSETS HELD FOR SALE	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]
ASSETS HELD FOR SALE	5. ASSETS HELD FOR SALE In September 2021, the Company announced the discontinuance of its pursuit of a Yokohama integrated resort development in Japan. In December 2021, an external advisor was engaged to locate potential buyers and prepare marketing materials for the disposal of the Company’s assets in Japan, including a ski resort in Nagano, Japan operated by Kabushiki Kaisha Okushiga Kogen Resort (the “Japan Ski Resort”) and a parcel of freehold land together with the accompanying building structures in Hakone, Japan (the “Hakone Assets”). After considering the relevant facts, the Company concluded the assets and liabilities of the Japan Ski Resort and the Hakone Assets met the criteria for classification as held for sale as of December 31, 2021 which were reported under the Corporate and Other segment. On December 8, 2022, the Company entered into an agreement with an independent third party (the “Buyer”) to dispose of its entire interest in the Japan Ski Resort with net liabilities of (including a loan payable to the Company of Japanese Yen (“JPY”) 2,215,180 (equivalent to $16,876)) for a consideration of JPY0.001; and to transfer the loan receivable from the Japan Ski Resort as mentioned above of JPY (equivalent to $ to the Buyer for a consideration of JPY . The disposal was completed on December , and the Company recorded a loss on disposal of assets held for sale of $ which is included in property charges and other in the accompanying consolidated statements of operations during the year ended December , . As of December 31, 2022 and 2021, the Hakone Assets classified as assets held for sale were comprised of property and equipment, with aggregate of of were provided and included in property charges and other in the accompanying consolidated statements of operations during the years ended December 31, 2022 and 2021, respectively. The fair value of the freehold land was calculated by using level 3 inputs based on the market approach. On July 12, 2023, the Company completed the disposal of the Hakone Assets, with aggregate carrying values of to an independent third party at a consideration of JPY A gain on disposal of assets held for sale, net of the foreign currency translations of certain entities incorporated in Japan being considered as a substantial liquidation, of was recorded and included in property charges and other in the accompanying consolidated statements of operations during the year ended December 31, 2023. In June and August 2022, the Company signed two sale and purchase agreements with respective buyers to sell two aircraft (the “Aircraft”) with an aggregate selling price of $ 15,800 . After considering the relevant facts, the Company concluded the Aircraft met the criteria for classification as assets held for sale which were reported under the Corporate and Other segment. Due to a decrease in the market value, an impairment of property and equipment of $ 3,595 was provided for one of the Aircraft. Upon completion of the disposals of the Aircraft in September 2022, the Company recorded a gain on disposal of assets held for sale of $ 2,629 on the Aircraft. The impairment and gain on disposal of assets held for sale were both included in property charges and other in the accompanying consolidated statements of operations for the year ended December 31, 2022.

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	6. PROPERTY AND EQUIPMENT, NET December 31, 2023 2022 Buildings $ 7,621,676 $ 6,186,373 Furniture, fixtures and equipment 1,187,064 1,112,670 Leasehold improvements 1,094,238 1,080,737 Plant and gaming machinery 259,815 246,255 Transportation 192,151 190,843 Construction in progress 1,491 1,464,866 Freehold land 58,467 56,533 Sub-total 10,414,902 10,338,277 Less: accumulated depreciation and amortization (4,880,908 ) (4,467,372 ) Property and equipment, net $ 5,533,994 $ 5,870,905 The depreciation and amortization expenses of property and equipment recognized for the years ended December 31, 2023, 2022 and 2021 were $482,574, $454,194 and $487,130, respectively. The cost and accumulated amortization of right-of-use as of December 31, 2022, respectively. Further information on the lease arrangements is included in Note 12. In accordance with the Macau gaming law, the Reversion Assets (as defined in Note 7) that reverted to the Macau government at the expiration of the previous gaming subconcession are currently owned by the Macau government. Effective as of January 1, 2023, the Reversion Assets were transferred by the Macau government to Melco Resorts Macau for the duration of the Concession, in return for annual payments for the right to use and operate the Reversion Assets as part of the Concession, as disclosed in Note 7. As Melco Resorts Macau continues to be operated with the Reversion Assets in the same manner as under the previous gaming subconcession, obtains substantially all of the economic benefits and bears all of the risks arising from the operation of these assets, as well as assuming it will be successful in the awarding of a new concession upon expiry of the Concession, the Company continues to recognize these Reversion Assets as property and equipment over their remaining estimated useful lives. The Reversion Assets that reverted to the Macau government on December 31, 2022, and included in the above table, consisted of the following: Buildings $ 349,129 Furniture, fixtures and equipment 39,008 Plant and gaming machinery 109,901 498,038 Less: accumulated depreciation (276,581 ) $ 221,457

GOODWILL AND INTANGIBLE ASSETS,

GOODWILL AND INTANGIBLE ASSETS, NET	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
GOODWILL AND INTANGIBLE ASSETS, NET	7. GOODWILL AND INTANGIBLE ASSETS, NET (a) Goodwill The changes in the carrying amounts of goodwill by segment are as follows: Mocha (1) Balance at January 1, 2021 $    82,203 Foreign currency translations (482 ) Balance at December 31, 2021 81,721 Foreign currency translations (115 ) Balance at December 31, 2022 81,606 Foreign currency translations (24 ) Balance at December 31, 2023 $ 81,582 (1) The amount represents goodwill which arose from the acquisition of Mocha Slot Group Limited and its subsidiaries by the Company in 2006 (b) Intangible Assets, Net Intangible assets, net consisted of the following: December 31, 2023 2022 Indefinite-lived intangible assets:             Trademarks of Mocha Clubs $ 4,203 $ 4,204 Total indefinite-lived intangible assets 4,203 4,204 Finite-lived intangible assets: Concession 209,934 —  Less: accumulated amortization (24,037 ) —  185,897 —  Cyprus License 75,307 —  Less: accumulated amortization (1,595 ) —  73,712 —  Gaming subconcession —  902,441 Less: accumulated amortization —  (902,441 ) —  —  Internal-use 72,556 59,434 Less: accumulated amortization (39,876 ) (29,383 ) 32,680 30,051 Proprietary rights 11,922 11,926 Less: accumulated amortization (3,762 ) (2,571 ) 8,160 9,355 Total finite-lived intangible assets 300,449 39,406 Total intangible assets, net $ 304,652 $ 43,610 Trademarks of Mocha Clubs Trademarks arose from the acquisition of Mocha Slot Group Limited and its subsidiaries by the Company in 2006. The changes in carrying amounts of trademarks represented the exchange differences arising from foreign currency translations at the balance sheet date. Proprietary rights In , the Company completed an asset acquisition of the proprietary rights relating to an entertainment show in City of Dreams for a cash consideration of $ . The estimated useful life of the proprietary rights is years. As of December 31, 2023 and 2022, the carrying amount of the proprietary rights included the exchange differences arising from foreign currency translations at the balance sheet date. Conces si On December 16, 2022, the Macau government awarded the Concession to Melco Resorts Macau. The term of the Concession commenced on January 1, 2023 and ends on December 31, 2032 and Melco Resorts Macau is authorized to operate the Altira Casino, the City of Dreams Casino and the Studio City Casino as well as the Grand Dragon Casino and the Mocha Clubs. Under the Concession, Melco Resorts Macau is obligated to pay the Macau government a fixed annual premium of MOP30,000 (equivalent to $3,729) plus a variable annual premium calculated in accordance with the number and type of gaming tables (subject to a minimum of 500 tables) and electronic gaming machines (subject to a minimum of 1,000 machines) operated by Melco Resorts Macau. The variable annual premium is MOP300 (equivalent to $37) for each gaming table reserved exclusively to certain kinds of games or players, MOP150 (equivalent to $19) for each gaming table not so exclusively reserved and MOP1 (equivalent to $0.1) for each electronic gaming machine. On December 30, 2022, in accordance with the obligations under the letters of undertakings dated June 23, 2022, Melco Resorts Macau and certain subsidiaries of Melco, which hold the land lease rights for the properties on which the Altira Casino, City of Dreams Casino and Studio City Casino are located, executed a public deed pursuant to which the gaming and gaming support areas comprising the Altira Casino, City of Dreams Casino and Studio City Casino with an area of 17,128.8 square meters, 31,227.3 square meters and 28,784.3 square meters, respectively, and related gaming equipment and utensils (collectively referred to as On January 1, 2023, the Company recognized an intangible asset and financial liability of MOP1,934,035 (equivalent to $239,588), representing the right to use and operate the Reversion Assets, the right to conduct games of fortunes and chance in Macau and the unconditional obligation to make payments under the Concession. This intangible asset comprises the contractually obligated annual payments of fixed premium and variable premiums, as well as the Fee without considering the consumer price index under the Concession. The contractually obligated annual variable premium payments associated with the intangible asset were determined using the total number of gaming tables and the total number of electronic gaming machines that Melco Resorts Macau is currently approved to operate by the Macau government. In the accompanying consolidated balance sheet, the non-current portion of the financial liability of the Concession is included in other long-term liabilities and the current portion is included in accrued expenses and other current liabilities. The intangible asset is being amortized on a straight-line basis over the period of the Concession, being Cyprus License On June 26, 2017, the Cyprus government granted a gaming license (the “Cyprus License”) to a subsidiary of ICR Cyprus (the “Cyprus Subsidiary”) to develop, operate and maintain an integrated casino resort in Limassol, Cyprus (and, up until completion and opening of City of Dreams Mediterranean the integrated casino resort (and prior to opening of City of Dreams Mediterranean for the integrated casino resort first City of Dreams Mediterranean On June 28, 2023, upon fulfillment of the Cyprus License Requirement, to better reflect the future economic benefits arising from the Cyprus License, during the term of the Cyprus License from June 28, 2023. In the accompanying consolidated balance sheet, the non-current portion of the financial liability of the Cyprus License is included in other long-term liabilities and the current portion is included in accrued expenses and other current liabilities. The intangible asset is being amortized on a straight-line basis over the remaining period of the Cyprus License until June 2047. Prior to the fulfillment of the Cyprus License Requirement, the Cyprus License Fee was expensed as incurred and included in gaming taxes and license fees as disclosed in Note 2(r). Gaming subconcession The deemed cost of the previous gaming subconcession in Macau was capitalized based on the fair value of the gaming subconcession agreement as of the date of acquisition of Melco Resorts Macau in 2006, and amortized on a straight-line basis over the term of the agreement, which expired on June 26, 2022. Melco Resorts Macau paid a premium of MOP47,000 (equivalent to $5,815) to the Macau government in June 2022 for the extension of the gaming subconcession contract to December 31, 2022 and such premium was amortized on a straight-line basis from June 27, 2022 to the extended expiration date on December 31, 2022. The amortization expenses of finite-lived intangible assets recognized for the years ended December 31, 2023, 2022 and 2021 were $37,216, $44,128 and $68,831, respectively. As of December 31, 2023, the estimated future amortization expenses of finite-lived intangible assets are as follows: Year ending December 31, 2024 $ 32,662 2025 31,609 2026 28,896 2027 27,197 2028 27,197 Over 2028 152,888 $ 300,449

LONG-TERM PREPAYMENTS, DEPOSITS

LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS	8. LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS Long-term prepayments, deposits and other assets consisted of the following: December 31, 2023 2022 Input value-added tax, net $ 19,232 $ 1,019 Other long-term assets 17,983 19,298 Deferred rent assets 17,905 25,904 Deferred financing costs, net 16,183 27,218 Other deposits 11,178 9,971 Long-term prepayments 10,130 31,191 Deposits for acquisition of property and equipment 7,444 19,494 Advance payments for construction costs 265 25,602 Long-term casino accounts receivable (1) —  —  Long-term prepayments, deposits and other assets $   100,320 $   159,697 (1) Long-term casino accounts receivable, net represent receivables from casino customers where settlements are not expected within the next year. Reclassifications to current accounts receivable, net, are made when settlement of such balances are expected to occur within one year.

LAND USE RIGHTS, NET

LAND USE RIGHTS, NET	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
LAND USE RIGHTS, NET	9. LAND USE RIGHTS, NET December 31, 2023 2022 Altira Macau $ 80,707 $   145,922 City of Dreams 397,953 398,068 Studio City 650,906 651,094 1,129,566 1,195,084 Less: accumulated amortization (546,784 ) (524,212 ) Land use rights, net $   582,782 $ 670,872

ACCRUED EXPENSES AND OTHER CURR

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	10. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES December 31, 2023 2022 Advance deposits and ticket sales $  250,955 $  278,591 Operating expense and other accruals and liabilities 160,169 97,933 Gaming tax and license fee accruals 159,285 48,688 Interest expense payable 114,587 123,032 Staff cost accruals 101,340 96,219 Outstanding gaming chips 83,012 37,354 Property and equipment payables 37,502 35,747 Construction cost payables 36,018 76,173 Loyalty program liabilities 36,000 15,568 Concession and license liabilities (1) 29,448 —  Accrued expenses and other current liabilities $ 1,008,316 $ 809,305 (1) As of December 31, 2023, the non-current portion of the C is

LONG-TERM DEBT, NET

LONG-TERM DEBT, NET	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
LONG-TERM DEBT, NET	1 1 LONG-TERM DEBT, NET Long-term debt, net consisted of the following: December 31,   2023   2022 Senior Notes 2017 4.875% Senior Notes, due 2025 (net of unamortized deferred financing costs and original issue premiums of $5,746 and $9,552, respectively) $ 994,254 $ 990,448 2019 5.250% Senior Notes, due 2026 (net of unamortized deferred financing costs of $2,141 and $2,981, respectively) 497,859 497,019 2019 5.625% Senior Notes, due 2027 (net of unamortized deferred financing costs of $3,358 and $4,178, respectively) 596,642 595,822 2019 5.375% Senior Notes, due 2029 (net of unamortized deferred financing costs and original issue premiums of $1,634 and $1,845, respectively) 1,148,366 1,148,155 2020 5.750% Senior Notes, due 2028 (net of unamortized deferred financing costs and original issue premiums of $2,317 and $2,743, respectively) 847,683 847,257 2020 6.000% SC Notes, due 2025 (net of unamortized deferred financing costs of $1,320 and $2,692, respectively) 395,680 497,308 2020 6.500% SC Notes, due 2028 (net of unamortized deferred financing costs of $2,970 and $3,598, respectively) 497,030 496,402 2021 5.000% Studio City Notes, due 2029 (net of unamortized deferred financing costs and original issue premiums of $3,626 and $4,228, respectively) 1,096,374 1,095,772 2022 7.000% Studio City Secured Notes, due 2027 (net of unamortized deferred financing costs of $4,039 and $5,134, respectively) 345,961 344,866 Credit Facilities 2015 Credit Facilities 128 128 2020 Credit Facilities (1) 1,052,515 1,899,203 2016 Studio City Credit Facilities (2) 128 128 7,472,620 8,412,508 Current portion of long-term debt —  (322,500 ) Long-term debt, net $ 7,472,620 $ 8,090,008 (1) As of December 31, 2023 and 2022, the unamortized deferred financing costs related to the revolving credit facility of the 2020 Credit Facilities of $15,905 and $26,885 are included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheet s (2) As of December 31, 2023 and 2022, the unamortized deferred financing costs related to the 2016 SC Revolving Credit Facility of the 2016 Studio City Credit Facilities of $278 and $333 are included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheets, respectively. (a) Senior Notes 2017 4.875% Senior Notes On June 6, 2017, Melco Resorts Finance Limited (“Melco Resorts Finance”), a subsidiary of Melco, issued $650,000 in aggregate principal amount of 4.875% senior notes due June 6, 2025 at an issue price of 100% of the principal amount (the “First 2017 4.875% Senior Notes”); and on July 3, 2017, Melco Resorts Finance further issued $ in aggregate principal amount of 4.875% senior notes due at an issue price of % of the principal amount (the “Second 2017 4.875% Senior Notes” and together with the First 2017 % Senior Notes, collectively referred to as the “2017 4.875% Senior Notes”). The interest on the 2017 4.875% Senior Notes is accrued at a rate of 4.875% per annum, payable semi-annually in arrears on June 6 and December 6 of each year. The 2017 4.875% Senior Notes are general obligations of Melco Resorts Finance, rank equally in right of payment to all existing and future senior indebtedness of Melco Resorts Finance, rank senior in right of payment to any existing and future subordinated indebtedness of Melco Resorts Finance and are effectively subordinated to all of Melco Resorts Finance’s existing and future secured indebtedness to the extent of the value of the assets securing such debt and to the indebtedness of Melco Resorts Finance’s subsidiaries. The net proceeds from the offering of the First 2017 4.875% Senior Notes were used to partly fund the redemption of the previous senior notes of Melco Resorts Finance and the net proceeds from the offering of the Second 2017 4.875% Senior Notes were used to fully repay the 2015 Revolving Credit Facility (as defined below). On or after June 6, 2020, Melco Resorts Finance has the option to redeem all or a portion of the 2017 4.875% Senior Notes at any time at fixed redemption prices that decline ratably over time. In addition, under certain circumstances and subject to certain exceptions as more fully described in the indenture, Melco Resorts Finance has the option to redeem in whole, but not in part the 2017 4.875% Senior Notes at fixed redemption prices. In certain events that relate to a change of control or a termination of the gaming concession of Melco Resorts Macau and subject to certain exceptions as more fully described in the indenture, each holder of the 2017 4.875% Senior Notes will have the right to require Melco Resorts Finance to repurchase all or any part of such holder’s 2017 4.875% Senior Notes at a fixed redemption price. The indenture governing the 2017 4.875% Senior Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Melco Resorts Finance to, among other things, effect a consolidation or merger or sell assets. The indenture governing the 2017 4.875% Senior Notes also contains conditions and events of default customary for such financings. 2019 5.250% Senior Notes On April 26, 2019, Melco Resorts Finance issued $500,000 in aggregate principal amount of 5.250% senior notes due April 26, 2026 at an issue price of 100% of the principal amount (the “2019 5.250% Senior Notes”). The interest on the 2019 5.250% Senior Notes is accrued at a rate of 5.250% per annum, payable semi-annually in arrears on April 26 and October 26 of each year. The 2019 5.250% Senior Notes are general obligations of Melco Resorts Finance, rank equally in right of payment to all existing and future senior indebtedness of Melco Resorts Finance, rank senior in right of payment to any existing and future subordinated indebtedness of Melco Resorts Finance and are effectively subordinated to all of Melco Resorts Finance’s existing and future secured indebtedness to the extent of the value of the assets securing such debt and to the indebtedness of Melco Resorts Finance’s subsidiaries. The net proceeds from the offering of the 2019 5.250% Senior Notes were used to partially repay the 2015 Revolving Credit Facility. On or after April 26, 2022, Melco Resorts Finance has the option to redeem all or a portion of the 2019 5.250% Senior Notes at any time at fixed redemption prices that decline ratably over time. In addition, under certain circumstances and subject to certain exceptions as more fully described in the indenture , M elco % Senior Notes at a fixed redemption price. The indenture governing the 2019 5.250% Senior Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Melco Resorts Finance to, among other things, effect a consolidation or merger or sell assets. The indenture governing the 2019 5.250% Senior Notes also contains conditions and events of default customary for such financings. 2019 5.625% Senior Notes On July 17, 2019, Melco Resorts Finance issued $600,000 in aggregate principal amount of 5.625% senior notes due July 17, 2027 at an issue price of 100% of the principal amount (the “2019 5.625% Senior Notes”). The interest on the 2019 5.625% Senior Notes is accrued at a rate of 5.625% per annum, payable semi-annually in arrears on January 17 and July 17 of each year. The 2019 5.625% Senior Notes are general obligations of Melco Resorts Finance, rank equally in right of payment to all existing and future senior indebtedness of Melco Resorts Finance, rank senior in right of payment to any existing and future subordinated indebtedness of Melco Resorts Finance and are effectively subordinated to all of Melco Resorts Finance’s existing and future secured indebtedness to the extent of the value of the assets securing such debt and to the indebtedness of Melco Resorts Finance’s subsidiaries. The net proceeds from the offering of the 2019 5.625% Senior Notes were used to partially repay the 2015 Revolving Credit Facility. On or after July 17, 2022, Melco Resorts Finance has the option to redeem all or a portion of the 2019 5.625% Senior Notes at any time at fixed redemption prices that decline ratably over time. In addition, under certain circumstances and subject to certain exceptions as more fully described in the indenture, Melco Resorts Finance has the option to redeem in whole, but not in part the 2019 5.625% Senior Notes at fixed redemption prices. In certain events that relate to a change of control or a termination of the gaming concession of Melco Resorts Macau and subject to certain exceptions as more fully described in the indenture, each holder of the 2019 5.625% Senior Notes will have the right to require Melco Resorts Finance to repurchase all or any part of such holder’s 2019 5.625% Senior Notes at a fixed redemption price. The indenture governing the 2019 5.625% Senior Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Melco Resorts Finance to, among other things, effect a consolidation or merger or sell assets. The indenture governing the 2019 5.625% Senior Notes also contains conditions and events of default customary for such financings. 2019 5.375% Senior Notes On December 4, 2019, Melco Resorts Finance issued $900,000 in aggregate principal amount of 5.375% senior notes due December 4, 2029 at an issue price of 100% of the principal amount (the “First 2019 5.375% Senior Notes”); and on January 21, 2021, Melco Resorts Finance further issued $250,000 in aggregate principal amount of 5.375% senior notes due December 4, 2029 at an issue price of 103.25% of the principal amount (the “Additional 2019 5.375% Senior Notes” and together with the First 2019 5.375% Senior Notes, the “2019 5.375% Senior Notes”). The Additional 2019 5.375% Senior Notes are consolidated and form a single series with the First 2019 5.375% Senior Notes. The interest on the 2019 5.375% Senior Notes is accrued at a rate of 5.375% per annum, payable semi-annually in arrears on June 4 and December 4 of each year. The 2019 5.375% Senior Notes are general obligations of Melco Resorts Finance, rank equally in right of payment to all existing and future senior indebtedness of Melco Resorts Finance, rank senior in right of payment to any existing and future subordinated indebtedness of Melco Resorts Finance and are effectively subordinated to all of Melco Resorts Finance’s existing and future secured indebtedness to the extent of the value of the assets securing such debt and to the indebtedness of Melco Resorts Finance’s subsidiaries. The net proceeds from the offering of the First 2019 5.375% Senior Notes were used to repay the outstanding borrowing of the 2015 Revolving Credit Facility in full and to partially prepay the 2015 Term Loan Facility (as defined below). The net proceeds from the offering of the Additional 2019 5.375% Senior Notes were used to fully repay the 2020 Credit Facilities (as defined below) in January 2021. Melco Resorts Finance has the option to redeem all or a portion of the 2019 5.375% Senior Notes at any time prior to December 4, 2024 at a “make-whole” redemption price. On or after December 4, 2024, Melco Resorts Finance has the option to redeem all or a portion of the 2019 5.375% Senior Notes at any time at fixed redemption prices that decline ratably over time. In addition, Melco Resorts Finance has the option to redeem up to 35% of the 2019 5.375% Senior Notes with the net cash proceeds from one or more equity offerings at a fixed redemption price at any time prior to December 4, 2024. Further, under certain circumstances and subject to certain exceptions as more fully described in the indenture, Melco Resorts Finance also has the option to redeem in whole, but not in part the 2019 5.375% Senior Notes at fixed redemption prices. In certain events that relate to a change of control or a termination of the gaming concession of Melco Resorts Macau and subject to certain exceptions as more fully described in the indenture, each holder of the 2019 5.375% Senior Notes will have the right to require Melco Resorts Finance to repurchase all or any part of such holder’s 2019 5.375% Senior Notes at a fixed redemption price. The indenture governing the 2019 5.375% Senior Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Melco Resorts Finance to, among other things, effect a consolidation or merger or sell assets. The indenture governing the 2019 5.375% Senior Notes also contains conditions and events of default customary for such financings. 2020 5.750% Senior Notes On July 21, 2020, Melco Resorts Finance issued $500,000 in aggregate principal amount of 5.750% senior notes due July 21, 2028 at an issue price of 100% of the principal amount (the “First 2020 5.750% Senior Notes”); and on August 11, 2020, Melco Resorts Finance further issued $350,000 in aggregate principal amount of 5.750% senior notes due July 21, 2028 at an issue price of 101% of the principal amount (the “Second 2020 5.750% Senior Notes” and together with the First 2020 5.750% Senior Notes, the “2020 5.750% Senior Notes”). The Second 2020 5.750% Senior Notes are consolidated and form a single series with the First 2020 5.750% Senior Notes. The interest on the 2020 5.750% Senior Notes is accrued at a rate of 5.750% per annum, payable semi-annually in arrears on January 21 and July 21 of each year and commenced on January 21, 2021. The 2020 5.750% Senior Notes are general obligations of Melco Resorts Finance, rank equally in right of payment to all existing and future senior indebtedness of Melco Resorts Finance, rank senior in right of payment to any existing and future subordinated indebtedness of Melco Resorts Finance and are effectively subordinated to all of Melco Resorts Finance’s existing and future secured indebtedness to the extent of the value of the assets securing such debt and to the indebtedness of Melco Resorts Finance’s subsidiaries. The net proceeds from the offering of the 2020 5.750% Senior Notes were partially used to repay the 2020 Credit Facilities and with the remaining amount used for general corporate purposes. On or after July 21, 2023, Melco Resorts Finance has the option to redeem all or a portion of the 2020 5.750% Senior Notes at any time at fixed redemption prices that decline ratably over time. In addition, under certain circumstances and subject to certain exceptions as more fully described in the indenture, Melco Resorts Finance has the option to redeem in whole, but not in part the 2020 5.750% Senior Notes at fixed redemption prices. In certain events that relate to a change of control or a termination of the gaming concession of Melco Resorts Macau and subject to certain exceptions as more fully described in the indenture, each holder of the 2020 5.750% Senior Notes will have the right to require Melco Resorts Finance to repurchase all or any part of such holder’s 2020 5.750% Senior Notes at a fixed redemption price. The indenture governing the 2020 5.750% Senior Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Melco Resorts Finance to, among other things, effect a consolidation or merger or sell assets. The indenture governing the 2020 5.750% Senior Notes also contains conditions and events of default customary for such financings. 2020 Studio City Notes On July 15, 2020, Studio City Finance Limited (“Studio City Finance”), a subsidiary of Melco, issued $500,000 in aggregate principal amount of 6.000% senior notes due July 15, 2025 at an issue price of 100% of the principal amount (the “2020 6.000% SC Notes”) and $500,000 in aggregate principal amount of 6.500% senior notes due January 15, 2028 at an issue price of 100% of the principal amount (the “2020 6.500% SC Notes” and together with 2020 6.000% SC Notes, the “2020 Studio City Notes”). The interest on the 2020 6.000% SC Notes and 2020 6.500% SC Notes is accrued at a rate of 6.000% and 6.500% per annum, respectively, payable semi-annually in arrears on January 15 and July 15 of each year and commenced on January 15, 2021. The 2020 Studio City Notes are general obligations of Studio City Finance, rank equally in right of payment to all existing and future senior indebtedness of Studio City Finance, rank senior in right of payment to any existing and future subordinated indebtedness of Studio City Finance and are effectively subordinated to all of Studio City Finance’s existing and future secured indebtedness to the extent of the value of the property and assets securing such indebtedness. The net proceeds from the offering of the 2020 Studio City Notes were partially used to redeem in full the previous senior secured notes of Studio City Company Limited (“Studio City Company”), a subsidiary of Melco and with the remaining amount used for the capital expenditures of the remaining development project at Studio City. All of the existing subsidiaries of Studio City Finance and any other future restricted subsidiaries that provide guarantees of certain specified indebtedness (including the 2016 Studio City Credit Facilities as defined below) (the “2020 Studio City Notes Guarantors”) jointly, severally and unconditionally guarantee the 2020 Studio City Notes on a senior basis (the “2020 Studio City Notes Guarantees”). The 2020 Studio City Notes Guarantees are general obligations of the 2020 Studio City Notes Guarantors, rank equally in right of payment to all existing and future senior indebtedness of the 2020 Studio City Notes Guarantors and rank senior in right of payment to any existing and future subordinated indebtedness of the 2020 Studio City Notes Guarantors. The 2020 Studio City Notes Guarantees are effectively subordinated to the 2020 Studio City Notes Guarantors’ obligations under all existing and any future secured indebtedness to the extent of the value of such property and assets securing such indebtedness. On or after July 15, 2022, Studio City Finance has the option to redeem all or a portion of the 2020 6.000% SC Notes at any time at fixed redemption prices that decline ratably over time. On or after July 15, 2023, Studio City Finance has the option to redeem all or a portion of the 2020 6.500% SC Notes at any time at fixed redemption prices that decline ratably over time. In addition On November 9, 2023, Studio City Finance initiated a cash tender offer (the “Tender Offer”) which expired on December 8, 2023, subject to the terms and conditions, to purchase for up to an aggregate principal amount of $ 75,000 Notes. On November 24, 2023, Studio City Finance amended and increased the aggregate principal amount of the Tender Offer of the 2020 6.000% SC Notes from $75,000 to $100,000 (the maximum tender amount), with all other terms and conditions of the Tender Offer remained unchanged as a result of an aggregate principal amount of of the 2020 6.000% SC Notes was tendered on the early tender date on November 22, 2023. Studio City Finance accepted for purchase an aggregate principal amount of $ of the 2020 6.000% SC Notes that were validly tendered (and not validly withdrawn) pursuant to the Tender Offer, as amended, and settled the purchase on November 28, 2023. In connection with such purchase, the Company recorded a gain on extinguishment of debt of $ during the year ended December 31, 2023. As of December 31, 2023, the outstanding principal amount of the 2020 6.000% SC Notes was $ . The indenture governing the 2020 Studio City Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Studio City Finance and its restricted subsidiaries to, among other things: (i) incur or guarantee additional indebtedness; (ii) make specified restricted payments; (iii) issue or sell capital stock; (iv) sell assets; (v) create liens; (vi) enter into agreements that restrict the restricted subsidiaries’ ability to pay dividends, transfer assets or make intercompany loans; (vii) enter into transactions with shareholders or affiliates; and (viii) effect a consolidation or merger. The indenture governing the 2020 Studio City Notes also contains conditions and events of default customary for such financings. There are provisions under the indenture governing the 2020 Studio City Notes that limit or prohibit certain payments of dividends and other distributions by Studio City Finance and its restricted subsidiaries to companies or persons who are not Studio City Finance or restricted subsidiaries of Studio City Finance, subject to certain exceptions and conditions. As of December 31, 2023, the net assets of Studio City Finance and its restricted subsidiaries of approximately $740,000 were restricted from being distributed under the terms of the 2020 Studio City Notes. 2021 5.000% Studio City Notes On January 14, 2021, Studio City Finance issued $750,000 in aggregate principal amount of 5.000% senior notes due January 15, 2029 at an issue price of 100% of the principal amount (the “First 2021 5.000% Studio City Notes”); and on May 20, 2021, Studio City Finance further issued $350,000 in aggregate principal amount of 5.000% senior notes due January 15, 2029 at an issue price of 101.50% of the principal amount (the “Additional 2021 5.000% Studio City Notes” and together with the First 2021 5.000% Studio City Notes, the “2021 5.000% Studio City Notes”). The Additional 2021 5.000% Studio City Notes are consolidated and form a single series with the First 2021 5.000% Studio City Notes. The interest on the 2021 5.000% Studio City Notes is accrued at a rate of 5.000% per annum, payable semi-annually in arrears on January 15 and July 15 of each year and commenced on July 15, 2021. The 2021 5.000% Studio City Notes are general obligations of Studio City Finance, rank equally in right of payment to all existing and future senior indebtedness of Studio City Finance, rank senior in right of payment to any existing and future subordinated indebtedness of Studio City Finance and are effectively subordinated to all of Studio City Finance’s existing and future secured indebtedness to the extent of the value of the property and assets securing such indebtedness. The net proceeds from the offering of the 2021 5.000% Studio City Notes were partially used to fund the conditional tender offer and the remaining outstanding balance with accrued interest of previous senior notes of Studio City Finance in February 2021; and with the remaining balance to partially fund the capital expenditures of the remaining development project at Studio City and for general corporate purposes. All of the existing subsidiaries of Studio City Finance and any other future restricted subsidiaries that provide guarantees of certain specified indebtedness (including the 2016 Studio City Credit Facilities) (the “2021 5.000% Studio City Notes Guarantors”) jointly, severally and unconditionally guarantee the 2021 5.000% Studio City Notes on a senior basis (the “2021 5.000% Studio City Notes Guarantees”). The 2021 5.000% Studio City Notes Guarantees are general obligations of the 2021 5.000% Studio City Notes Guarantors, rank equally in right of payment to all existing and future senior indebtedness of the 2021 5.000% Studio City Notes Guarantors and rank senior in right of payment to any existing and future subordinated indebtedness of the 2021 5.000% Studio City Notes Guarantors. The 2021 5.000% Studio City Notes Guarantees are effectively subordinated to the 2021 5.000% Studio City Notes Guarantors’ obligations under all existing and any future secured indebtedness to the extent of the value of such property and assets securing such indebtedness. At any time prior to January 15, 2024, Studio City Finance had the options i) to redeem all or a portion of the 2021 5.000% Studio City Notes at a “make-whole” redemption price; and ii) to redeem up to 35% of the 2021 5.000% Studio City Notes with the net cash proceeds of certain equity offerings at a fixed redemption price. Thereafter, Studio City Finance has the option to redeem all or a portion of the 2021 5.000% Studio City Notes at any time at fixed redemption prices that decline ratably over time. Further, under certain circumstances and subject to certain exceptions as more fully described in the indenture governing the 2021 5.000% Studio City Notes, Studio City Finance also has the option to redeem in whole, but not in part the 2021 5.000% Studio City Notes at fixed redemption prices. In certain events that relate to a change of control or a termination of the gaming concession of Melco Resorts Macau and subject to certain exceptions as more fully described in the indenture governing the 2021 5.000% Studio City Notes, each holder of the 2021 5.000% Studio City Notes will have the right to require Studio City Finance to repurchase all or any part of such holder’s 2021 5.000% Studio City Notes at a fixed redemption price. The indenture governing the 2021 5.000% Studio City Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Studio City Finance and its restricted subsidiaries to, among other things: (i) incur or guarantee additional indebtedness; (ii) make specified restricted payments; (iii) issue or sell capital stock; (iv) sell assets; (v) create liens; (vi) enter into agreements that restrict the restricted subsidiaries’ ability to pay dividends, transfer assets or make intercompany loans; (vii) enter into transactions with shareholders or affiliates; and (viii) effect a consolidation or merger. The indenture governing the 2021 5.000% Studio City Notes also contains conditions and events of default customary for such financings. There are provisions under the indenture governing the 2021 5.000% Studio City Notes that limit or prohibit certain payments of dividends and other distributions by Studio City Finance and its restricted subsidiaries to companies or persons who are not Studio City Finance or restricted subsidiaries of Studio City Finance, subject to certain exceptions and conditions. As of December 31, 2023, the net assets of Studio City Finance and its restricted subsidiaries of approximately $740,000 were restricted from being distributed under the terms of the 2021 5.000% Studio City Notes. 2022 7.000% Studio City Secured Notes On February 16, 2022, Studio City Company issued $350,000 in aggregate principal amount of 7.000% senior secured notes due February 15, 2027 at an issue price of 100% of the principal amount (the “2022 7.000% Studio City Secured Notes”). The interest on the 2022 7.000% Studio City Secured Notes is accrued at a rate of 7.000% per annum, payable semi-annually in arrears on February 15 and August 15 of each year and commenced on August 15, 2022. The 2022 7.000% Studio City Secured Notes are senior secured obligations of Studio City Company, rank equally in right of payment to all existing and future senior indebtedness of Studio City Company (although any liabilities in respect of obligations under the 2016 Studio City Credit Facilities that are secured by common collateral securing the 2022 7.000% Studio City Secured Notes will have priority over the 2022 7.000% Studio City Secured Notes with respect to any proceeds received upon any enforcement action of such common collateral) and rank senior in right of payment to any existing and future subordinated indebtedness of Studio City Company and effectively subordinated to Studio City Company’s existing and future secured indebtedness that is secured by assets that do not secure the 2022 7.000% Studio City Secured Notes, to the extent of the assets securing such indebtedness. The net proceeds from the offering of the 2022 7.000% Studio City Secured Notes were Studio City Investments Limited (“Studio City Investments”), a subsidiary of Melco, all of its existing subsidiaries (other than Studio City Company) and any other future restricted subsidiaries that provide guarantees of certain specified indebtedness (including the 2016 Studio City Credit Facilities) (the “2022 7.000% Studio City Secured Notes Guarantors”) jointly, severally and unconditionally guarantee the 2022 7.000% Studio City Secured Notes on a senior basis (the “2022 7.000% Studio City Secured Notes Guarantees”). The 2022 7.000% Studio City Secured Notes Guarantees are senior obligations of the 2022 7.000% Studio City Secured Notes Guarantors, rank equally in right of payment to all existing and future senior indebtedness of the 2022 7.000% Studio City Secured Notes Guarantors and rank senior in right of payment to any existing and future subordinated indebtedness of the 2022 7.000% Studio City Secured Notes Guarantors. The 2022 7.000% Studio City Secured Notes Guarantees are pari passu to the 2022 7.000% Studio City Secured Notes Guarantors’ obligations under the 2016 Studio City Credit Facilities, and effectively subordinated to any future secured indebtedness that is secured by assets that do not secure the 2022 7.000% Studio City Secured Notes and the 2022 7.000% Studio City Secured Notes Guarantees, to the extent of the value of the assets. The 2022 7.000% Studio City Secured Notes are secured, on an equal basis with the 2016 Studio City Credit Facilities, by substantially all of the material assets of Studio City Investments and its subsidiaries (although obligations under the 2016 Studio City Credit Facilities that are secured by the common collateral securing the 2022 7.000% Studio City Secured Notes will have priority over the 2022 7.000% Studio City Secured Notes with respect to any proceeds received upon any enforcement action of such common collateral); in addition, in line with the 2016 Studio City Credit Facilities, the 2022 7.000% Studio City Secured Notes are also secured by certain specified bank accounts. At any time prior to February 15, 2024, Studio City Company had the options i) to redeem all or a portion of the 2022 7.000% Studio City Secured Notes at a “make-whole” redemption price; and ii) to redeem up to 35% of the 2022 7.000% Studio City Secured Notes with the net cash proceeds of certain equity offerings at a fixed redemption price. Thereafter, Studio City Company has the option to redeem all or a portion of the 2022 7.000% Studio City Secured Notes at any time at fixed redemption prices that decline ratably over time. Further, under certain circumstances and subject to certain exceptions as more fully described in the indenture governing the 2022 7.000% Studio City Secured Notes, Studio City Company also has the option to redeem in whole, but not in part the 2022 7.000% Studio City Secured Notes at fixed redemption prices. In certain events that relate to a change of control or a termination of the gaming concession of Melco Resorts Macau and subject to certain exceptions as more fully described in the indenture governing the 2022 7.000% Studio City Secured Notes, each holder of the 2022 7.000% Studio City Secured Notes will have the right to require Studio City Company to repurchase all or any part of such holder’s 2022 7.000% Studio City Secured Notes at a fixed redemption price. The indenture governing the 2022 7.000% Studio City Secured Notes contains certain covenants that, subject to certain exceptions and conditions, limit the ability of Studio City Company, Studio City Investments and their respective restricted subsidiaries to, among other things: (i) incur or guarantee additional indebtedness and issue certain preferred stock; (ii) make specified restricted payments and investments; (iii) prepay or redeem subordinated debt or equity; (iv) issue or sell capital stock; (v) transfer, lease or sell assets; (vi) create or incur certain liens; (vii) impair the security interests in the collateral; (viii) enter into agreements that restrict the restricted subsidiaries’ ability to pay dividends, transfer assets or make intercompany loans; (ix) change the nature of the business of the relevant group; (x) enter into transactions with shareholders or affiliates; and (xi) effect a consolidation or merger. The indenture governing the 2022 7.000% Studio City Secured Notes also contains conditions and events of default customary for such financings. There are provisions under the indenture governing the 2022 7.000% Studio City Secured Notes that limit or prohibit certain payments of dividends and other distributions by Studio City Company, Studio City Investments and their respective restricted subsidiaries to companies or persons who are not Studio City Company, Studio City Investments and their respective restricted subsidiaries, subject to certain exceptions and conditions. As of December 31, 2023, the net assets of Studio City

LEASES

LEASES	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
LEASES	1 2 LEASES Lessee Arrangements The Company is the lessee under operating and finance leases for equipment and real estate, including the land and certain of the building structures for City of Dreams Manila under the MRP Lease Agreement as described in Note 2 0 The components of lease costs are as follows: Year Ended December 31,  2023   2022   2021  Operating lease costs: Amortization of land use rights $ 22,670 $ 22,662 $ 22,832 Operating lease costs 18,434 14,614 29,401 Short-term lease costs 342 720 473 Variable lease costs 2,684 1,902 (629 ) Finance lease costs: Amortization of right-of-use 5,336 12,928 15,682 Interest costs 24,562 25,371 31,642 Total lease costs $ 74,028 $  78,197 $ 99,401 O ther information related to lease terms and discount rates is as follows: December 31,  2023   2022  Weighted average remaining lease term Operating leases 18.0 years 21.5 years Finance leases 9.5 years 10.5 years Weighted average discount rate Operating leases 6.66% 5.77% Finance leases 10.70% 10.70% Maturities of lease liabilities as of December 31, 2023 are as follows: Operating Leases Finance Leases Year ending December 31, 2024 $ 20,502 $ 37,387 2025 13,130 37,387 2026 11,058 37,387 2027 5,675 37,387 2028 5,365 37,387 Over 2028 65,681 169,345 Total future minimum lease payments 121,411 356,280 Less: amounts representing interest (47,868 ) (133,499 ) Present value of future minimum lease payments 73,543 222,781 Current portion (19,685 ) (35,307 ) Non-current $ 53,858 $ 187,474 Lessor Arrangements The Company is the lessor under non-cancellable During the years ended December 31, 2023, 2022 and 2021, the Company earned minimum operating lease income of $45,210, $41,633 and $45,019, respectively, and contingent operating lease income of $7,810, $265 and $5,080, respectively. Total lease income for the years ended December 31, 2023, 2022 and 2021 were reduced by $52, $3,076 and $882, respectively, as a result of the rent concessions related to the effects of the COVID-19 Future minimum fees, excluding the contingent fees to be received under non-cancellable Year ending December 31, 2024 $ 56,427 2025 56,409 2026 29,975 2027 7,257 2028 3,378 Over 2028 3,640 $ 157,086

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	1 3 FAIR VALUE MEASUREMENTS Authoritative literature provides a fair value hierarchy, which prioritizes the input to valuation techniques used to measure fair values into three broad levels. The level in the hierarchy within which the fair value measurements in its entirety is based upon the lowest level of input that is significant to the fair value measurement as follows: • Level 1 – inputs are based upon unadjusted quoted prices for identical instruments traded in active markets. • Level 2 – inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3 – inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models and similar techniques. The carrying values of cash equivalents, bank time deposits included in restricted cash, long-term deposits, long-term receivables and other long-term liabilities approximated fair values and were classified as level 2 in the fair value hierarchy. The fair value as of December 31, 2023 adopted for the long-lived assets impairment of Altira Macau as described in Note 2(m) were estimated by using level 3 inputs based on a combination of income and cost approaches. The fair values as of December 31, 2022 adopted in impairment assessments of an aircraft and a piece of freehold land classified as assets held for sale were estimated by using level 2 and level 3 inputs, respectively. Details are disclosed in Note 2(m) and Note 5. The estimated fair values of long-term debt as of December 31, 2023 and 2022, were approximately $6,975,901 and $7,341,910, respectively, as compared to their carrying values, excluding unamortized deferred financing costs and original issue premiums, of $7,499,771 and $8,449,459, respectively. Fair values were estimated using quoted market prices and were classified as level 1 in the fair value hierarchy for the 2017 4.875 5.250 5.625 5.375 5.750 5.000 7.000 As of December 31, 2023 and 2022, the Company did not have any non-financial

CAPITAL STRUCTURE

CAPITAL STRUCTURE	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
CAPITAL STRUCTURE	14. CAPITAL STRUCTURE Treasury Shares Melco’s treasury shares represent new shares issued by Melco and the shares repurchased by Melco under facilitate the administration and operations of Melco’s share incentive plans, and are to be delivered to the directors, eligible employees and consultants on the vesting of restricted shares and upon the exercise of share options. No ordinary shares were issued by Melco to its depositary bank for future vesting of restricted shares and exercise of share options during the years ended December 31, 2023, 2022 and 2021. Melco issued 16,254,282, 14,720,040 and 6,042,543 ordinary shares upon vesting of restricted shares and 82,242, nil and 2,478,594 ordinary shares upon exercise of share options during the years ended December 31, 2023, 2022 and 2021, respectively. On June 2, 2021, the Board of Directors of Melco authorized the repurchase of Melco’s ordinary shares and/or ADSs of up to an aggregate of $500,000 over a three-year period which commenced on June 2, 2021 under a share repurchase program (the “2021 Share Repurchase Program”). Purchases under the 2021 Share Repurchase Program may be made from time to time on the open market at prevailing market prices, including pursuant to a trading plan in accordance with Rule 10b-18 10b5-1 On August 18, 2022, Melco, Melco International and Melco Leisure and Entertainment Group Limited (“Melco Leisure”), a subsidiary of Melco International, entered into a share repurchase agreement, pursuant to which Melco agreed to repurchase On March 8, 2023, Melco, Melco International and Melco Leisure entered into a share repurchase agreement, pursuant to which Melco agreed to repurchase Other than the 2023 Share Repurchase and the 2023 Share Retirement as described above, no ordinary shares were repurchased and retired during the year ended December 31, 2023. In addition to the 2022 Share Repurchase and the 2022 Share Retirement as described above, 5,929,076 ADSs, equivalent to 17,787,228 ordinary shares were repurchased under the 2021 Share Repurchase Program, of which 1,500,000 ordinary shares repurchased were retired during the year ended December 31, 2022. During the year ended December 31, 2021, 5,372,045 ADSs, equivalent to 16,116,135 ordinary shares were repurchased under the 2021 Share Repurchase Program, of which no ordinary shares repurchased were retired. As of December 31, 2023 and 2022, Melco had 1,404,679,067 and 1,445,052,143 issued ordinary shares, and 93,408,292 and 109,744,816 treasury shares, with 1,311,270,775 and 1,335,307,327 ordinary shares outstanding, respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	1 5 INCOME TAXES Loss before income tax co ns Year Ended December 31, 2023 2022 2021 Macau operations $ 11,021 $  (720,470 ) $  (456,089 ) Hong Kong operations (474,862 ) (400,725 ) (434,618 ) Philippine operations 86,910 28,204 (51,436 ) Cyprus operations (29,171 ) 3,152 (13,454 ) Other jurisdictions operations 4,194 (2,092 ) 2,018 Loss before income tax $ (401,908 ) $ (1,091,931 ) $ (953,579 ) The income tax expense consisted of: Year Ended December 31, 2023 2022 2021 Income tax expense - current: Macau Complementary Tax $ —  $ 9 $ 172 Lump sum in lieu of Macau Complementary Tax on dividends 5,650 2,342 2,359 Hong Kong Profits Tax 11,613 528 48 Philippine Corporate Income Tax 4 5 1 Philippine withholding tax on dividends 2,566 —  2,937 Cyprus Corporate Income Tax —  —  188 Income tax in other jurisdictions 66 219 323 Sub-total 19,899 3,103 6,028 (Over) under provision of income taxes in prior years: Macau Complementary Tax (511 ) (560 ) (874 ) Lump sum in lieu of Macau Complementary Tax on dividends (1,327 ) —  —  Hong Kong Profits Tax (450 ) (4 ) 18 Philippine Corporate Income Tax (157 ) 300 (62 ) Income tax in other jurisdictions 50   98      14 Sub-total (2,395 ) (166 ) (904 ) Income tax (benefit) expense - deferred: Macau Complementary Tax (7,931 ) (768 ) (4,535 ) Hong Kong Profits Tax (154 ) 3,276 2,493 Philippine Corporate Income Tax 3,366 (258 ) 209 Cyprus Corporate Income Tax 589 (578 ) —  Income tax in other jurisdictions 48 627 (406 ) Sub-total (4,082 ) 2,299 (2,239 ) Total income tax expense $ 13,422 $ 5,236 $ 2,885 A reconciliation of the income tax expense from loss before income tax per the accompanying consolidated statements of operations is as follows: Year Ended December 31, 2023 2022 2021 Loss before income tax $ (401,908 ) $  (1,091,931 ) $ (953,579 ) Macau Complementary Tax rate 12 % 12 % 12 % Income tax benefit at Macau Complementary Tax rate (48,229 ) (131,032 ) (114,429 ) Lump sum in lieu of Macau Complementary Tax on dividends 5,650 2,342 2,359 Effect of different tax rates of subsidiaries operating in other jurisdictions (13,422 ) (12,271 ) (31,653 ) Over provision in prior years (2,395 ) (166 ) (904 ) Effect of income for which no income tax expense is payable (14,178 ) (11,727 ) (6,308 ) Effect of expenses for which no income tax benefit is receivable 80,455 70,687 101,111 Effect of profits generated by gaming operations exempted (75,403 ) (25,700 ) (10,851 ) Effect of tax losses that cannot be carried forward —  15,553 6,742 Changes in valuation allowances 27,004 48,122 (13,360 ) Change in income tax rate —  —  16,521 Expired tax losses 53,940 49,428 53,657 Income tax expense $ 13,422 $ 5,236 $ 2,885 Melco and certain of its subsidiaries are exempt from tax in the Cayman Islands or British Virgin Islands, where they are incorporated, while Melco is subject to Hong Kong Profits Tax on profits from its activities conducted in Hong Kong. Certain subsidiaries incorporated or conducting businesses in Macau, Hong Kong, the Philippines, Cyprus and other jurisdictions are subject to Macau Complementary Tax, Hong Kong Profits Tax, Philippine Corporate Income Tax, Cyprus Corporate Income Tax and income tax in other jurisdictions, respectively, during the years ended December 31, 2023, 2022 and 2021. Macau Complementary Tax, Hong Kong Profits Tax, Cyprus Corporate Income Tax and income tax in other jurisdictions have been provided at 12%, 16.5%, 12.5% and the respective tax rates in other jurisdictions, on the estimated taxable income earned in or derived from the respective jurisdictions, respectively, On March 26, 2021, in the Philippines, the Corporate Recovery and Tax Incentives for Enterprises (“CREATE”) took effect on April 11, 2021. CREATE reduced the minimum corporate income tax in the Philippines from 2% to 1% for the period from to Pursuant to the approval notice issued by the Macau government in September 2016, Melco Resorts Macau was granted an extension of the Macau Complementary Tax exemption on profits generated from gaming operations for an additional five years from 2017 to 2021. Studio City Entertainment Limited (“Studio City Entertainment”), a subsidiary of Melco, was also exempted from Macau Complementary Tax on profits generated from income received from Melco Resorts Macau for an additional five years from 2017 to 2021, to the extent that such income was gaming tax pursuant to a notice issued by the Macau government in January 2017. The exemption coincided with Melco Resorts Macau’s exemption from Macau Complementary Tax. Pursuant to Dispatch of the Macau Chief Executive dated February 17, 2022 and September 1, 2022, Melco Resorts Macau was granted an extension of the Macau Complementary Tax exemption on profits generated from gaming operations under the previous gaming subconcession for the period from January 1, 2022 to June 26, 2022 and from June 27, 2022 to December 31, 2022, respectively. Melco Resorts Macau continues to benefit from the Macau Complementary Tax exemption on profits generated from gaming operations under the Concession for the period from January 1, 2023 to December 31, 2027 pursuant to a Dispatch of the Macau Chief Executive dated January 29, 2024. Studio City Entertainment applied for an extension of the Macau Complementary Tax exemption for 2022 and for the period from January 1, 2023 through December 31, 2027. These applications are subject to the discretionary approval of the Macau government. The non-gaming non-gaming The gaming operations of Melco Resorts Leisure, the operator of City of Dreams Manila, are exempt from Philippine Corporate Income Tax, among other taxes, pursuant to the Philippine Amusement and Gaming Corporation (“PAGCOR”) charter and are subject to license fees which are inclusive of the 5% franchise tax based on gross gaming revenue in the Philippines, in lieu of all other taxes. Had have been entitled to for the year ended December 31, 2023 respectively, and if Studio City Entertainment’s application for the extended exemption from Macau Complementary Tax on profits generated from income received from Melco Resorts Macau will not be approved, In August 2017, Melco Resorts Macau received an extension of the agreement with the Macau government for an additional five years applicable to tax years 2017 through 2021, in which the extension agreement provided for an annual payment of MOP18,900 (equivalent to $2,342) as payments in lieu of Macau Complementary Tax which would be borne (“Payments in lieu of Macau Complementary Tax on Dividend Distributions”). as Payments in lieu of Macau Complementary Tax on Dividend Distributions for the period from January 1, 2022 to June 26, 2022 and from June 27, 2022 to December 31, 2022, respectively. In February 2024, Melco Resorts Macau entered into an agreement with the Macau government in relation to the Payments in lieu of Macau Complementary Tax on Dividend Distributions from January 1, 2023 to December 31, 2025 was provided for such arrangement. The effective tax rates for the years ended December 31, 2023, 2022 and 2021 were (3.34 ) where the majority of the Company’s operations are located, primarily due to the effects of expired tax losses, expenses for which no income tax benefit is receivable, income for which no income tax expense is payable, changes in valuation allowances, profits generated by gaming operations being exempted from Philippine Corporate Income Tax and different tax rates of subsidiaries operating in other jurisdictions for the relevant years together with the effect of profits generated by gaming operations being exempted from Macau Complementary Tax for the year ended December 31, 2023; the effect of tax losses that cannot be carried forward for the year ended December 31, 2022; and the effects of tax losses that cannot be carried forward and change in income tax rate for the year ended December 31, 2021. The net deferred tax liabilities as of December 31, 2023 and 2022 consisted of the following: December 31, 2023 2022 Deferred tax assets: Net operating losses carried forward $ 205,189 $ 206,079 Depreciation and amortization 157,667 76,272 Lease liabilities 29,277 30,492 Others 16,936 13,052 Sub-total 409,069 325,895 Valuation allowances (374,623 ) (299,620 ) Total deferred tax assets 34,446 26,275 Deferred tax liabilities: Right-of-use (9,471 ) (10,413 ) Land use rights (36,513 ) (44,434 ) Intangible assets (9,718 ) (505 ) Unrealized capital allowances (4,405 ) (4,279 ) Others (9,298 ) (5,683 ) Total deferred tax liabilities (69,405 ) (65,314 ) Deferred tax liabilities, net $ (34,959 ) $ (39,039 ) As of December 31, 2023 and 2022, valuation allowances of $374,623 and $299,620 were provided, respectively, as management believes it is more likely than not that these deferred tax assets will not be realized. As of December 31, 2023, adjusted operating tax losses carried forward of $10,048 have no expiry date and the remaining tax losses amounting to $1,380,467 will expire by 2024 through 2033. Adjusted operating tax losses carried forward of $448,834 expired during the year ended December 31, 2023. Deferred tax, where applicable, is provided under the asset and liability method at the enacted statutory income tax rate of the respective tax jurisdictions, applicable to the respective financial years, on the difference between the consolidated financial statements carrying amounts and income tax base of assets and liabilities. Aggregate undistributed earnings of certain of Melco’s foreign subsidiaries available for distribution to Melco of approximately $745,694 and $745,425 as of December 31, 2023 and 2022, respectively, are considered to be indefinitely reinvested. Accordingly, no provision has been made for the dividend withholding taxes that would be payable upon the distribution of those amounts to Melco. If those earnings were to be distributed or they were determined to be no longer permanently reinvested, Melco would have to record a deferred income tax liability in respect of those undistributed earnings of approximately o f A reconciliation of the beginning and ending amounts of unrecognized tax benefits is presented as follows: Year Ended December 31, 2023 2022 2021 At beginning of year $ 22,940 $ 16,342 $ 15,132 Additions based on tax positions related to current year 756 6,810 2,028 Additions based on tax positions related to prior year 4,984 —  —  Reductions due to expiry of the statute of limitations (1,348 ) (212 ) (818 ) At end of year $ 27,332 $ 22,940 $ 16,342 The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate were As of December 31, 2023 and 2022, there were no interest and penalties related to uncertain tax positions recognized in the accompanying consolidated financial statements. The Company does not anticipate any significant increases or decreases in unrecognized tax benefits within the next twelve months. Melco and its subsidiaries’ major tax jurisdictions are Hong Kong, Macau, the Philippines and Cyprus. Income tax returns of Melco and its subsidiaries remain open and subject to examination by the local tax authorities of Macau, Hong Kong, the Philippines and Cyprus until the statute of limitations expire in each corresponding jurisdiction. The statute of limitations in Macau, Hong Kong, the Philippines and Cyprus are five years, six years, three years and six years, respectively.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
SHARE-BASED COMPENSATION	1 6 SHARE-BASED COMPENSATION 2006 Share Incentive Plan Melco adopted a share incentive plan in 2006 (“2006 Share Incentive Plan”), as amended, for grants of share options and nonvested shares of Melco’s ordinary shares to eligible directors, employees and consultants of the Company and its affiliates. The maximum term of an award was 10 years from the date of the grant. The maximum aggregate number of ordinary shares to be available for all awards under the 2006 Share Incentive Plan was 100,000,000 over 10 years. Melco adopted a share incentive plan in 2011 (“2011 Share Incentive Plan”) and a share incentive plan in 2021 (“2021 Share Incentive Plan”) as described below and no further awards would be granted under the 2006 Share Incentive Plan and the 2011 Share Incentive Plan which was terminated on December 6, 2021. All subsequent awards will be issued under the 2021 Share Incentive Plan. Share Options As of December 31, 2023 and 2022, there were no outstanding share options under the 2006 Share Incentive Plan. The following information is provided for share options under the 2006 Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Proceeds from the exercise of share options $    —  $   —  $  2,756 Intrinsic value of share options exercised $ —  $ —  $ 7,370 As of December 31, 2023, there were no unrecognized compensation costs related to share options under the 2006 Share Incentive Plan. 2011 Share Incentive Plan Melco adopted the 2011 Share Incentive Plan, effective on December 7, 2011, which had been subsequently amended and restated, for grants of various share-based awards, including but not limited to, options to purchase Melco’s ordinary shares, restricted shares, share appreciation rights and other types of awards to eligible directors, employees and consultants of the Company and its affiliates. The maximum term of an award was 10 years from the date of the grant. The maximum aggregate number of ordinary shares to be available for all awards under the 2011 Share Incentive Plan was 100,000,000 over 10 years, which could be raised up to 10% of the issued share capital upon shareholders’ approval. The 2011 Share Incentive Plan would have expired ten years after December 7, 2011. Melco adopted the 2021 Share Incentive Plan as described below, effective on December 6, 2021 (also the termination date of the 2011 Share Incentive Plan). Upon the termination of the 2011 Share Incentive Plan, no further awards may be granted under the 2011 Share Incentive Plan but the provisions of such plan shall remain in full force and effect in all other respects for any awards granted prior to the date of the termination of such plan. Share Options There were no share options granted under the 2011 Share Incentive Plan during the years ended December 31, 2023 and 2022. During the year ended December 31, 2021, the exercise prices for share options granted under the 2011 Share Incentive Plan were determined at the market closing prices of Melco’s ADS trading on the Nasdaq Global Select Market on the dates of grant. These share options became exercisable over vesting periods of two The Company uses the Black-Scholes valuation model to determine the estimated fair value for each share option granted, with certain The fair values of share options granted under the 2011 Share Incentive Plan were estimated on the dates of grant using the following weighted average assumptions: Year Ended December 31, 2021 Expected dividend yield 2.50 % Expected stock price volatility     45.46 % Risk-free interest rate 1.00 % Expected term (years) 5.6 A summary of the share options activity under the 2011 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Weighted Aggregate Outstanding as of January 1, 2023 2,845,719 $ 5.89 Exercised (14,094 ) 4.13 Forfeited or expired (141,978 ) 5.42 Outstanding as of December 31, 2023 2,689,647 $ 5.93 5.16 $ —  Fully vested and expected to vest as of December 31, 2023 2,689,647 $ 5.93 5.16 $ —  Exercisable as of December 31, 2023 2,570,973 $ 5.88 5.06 $ —  The following information is provided for share options under the 2011 Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Weighted average grant date fair value $ —  $ —  $ 2.28 Proceeds from the exercise of share options $     58 $    —  $    4,345 Intrinsic value of share options exercised $ 7 $ —  $ 1,655 As of December 31, 2023, there were $16 unrecognized compensation costs related to share options under the 2011 Share Incentive Plan and the costs are expected to be recognized over a weighted average period of 0.27 years. Restricted Shares Certain restricted shares were approved by Melco to be granted under the 2011 Share Incentive Plan to the eligible management personnel of the Company in lieu of the 2020 bonus for their services performed during 2020. A total of 1,899,897 restricted shares were granted and vested immediately on March 31, 2021 (the “2020 Bonus Shares”) with the grant date fair value of $19.91 per ADS or $6.6367 per share, which was the closing price of Melco’s ADS trading on the Nasdaq Global Select Market on the date of grant. On July 7, 2021, a total of 52,056 restricted shares were granted to employees of an affiliated company, a subsidiary of Melco International, for their services rendered to Melco International, with vesting periods of three months to twelve months. The grant date fair value for these restricted shares, which was determined with reference to the market closing price of Melco’s ADS trading on the Nasdaq Global Select Market on the date of grant, were recognized as a s paid-in There were no restricted shares granted under the 2011 Share Incentive Plan during the years ended December 31, 2023 and 2022. Other than the restricted shares granted under the 2020 Bonus Shares as described above, the grant date fair values for restricted shares granted under the 2011 Share Incentive Plan during the year ended December 31, 2021, with vesting periods of generally three months to three years, were determined with reference to the market closing prices of Melco’s ADS trading on the Nasdaq Global Select Market on the dates of grant. A summary of the restricted shares activity under the 2011 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Unvested as of January 1, 2023 7,705,320 $    5.42 Vested (5,760,885 ) 4.97 Forfeited (117,597 ) 5.93 Unvested as of December 31, 2023 1,826,838 $ 6.81 The following information is provided for restricted shares under the 2011 Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Weighted average grant date fair value $    —  $ —  $ 6.07 Grant date fair value of restricted shares vested $ 28,638 $   54,424 $   43,533 As of December 31, 2023, there were $2,104 unrecognized compensation costs related to restricted shares under the 2011 Share Incentive Plan and the costs are expected to be recognized over a weighted average period of 0.27 years. 2021 Share Incentive Plan Melco adopted the 2021 Share Incentive Plan, effective on December 6, 2021, for grants of various share-based awards, including but not limited to, options to purchase Melco’s ordinary shares, restricted shares, share appreciation rights and other types of awards to eligible directors, employees and consultants of the Company and its affiliates. The maximum term of an award is 10 years from the date of the grant. The maximum aggregate number of ordinary shares to be available for all awards under the 2021 Share Incentive Plan may be increased from time to time, provided that the maximum aggregate number of Melco’s ordinary shares which may be issued upon exercise of options granted under the 2021 Share Incentive Plan shall not be more than 10% of the total number of the issued share capital of Melco on the date the new plan limit is approved by the shareholders of Melco International in accordance with the applicable listing rules in Hong Kong. As of December 31, 2023, there were 104,653,941 ordinary shares available for grants of various share-based awards under the 2021 Share Incentive Plan. Share Options During the years ended December 31, 2023 and 2022, the exercise prices for share options granted under the 2021 Share Incentive Plan were determined at the market closing prices of Melco’s ADS trading on the Nasdaq Global Select Market on the dates of grant. These share options became exercisable over vesting periods of one The Company uses the Black-Scholes valuation model to determine the estimated fair value for each share option granted, with certain The fair values of share options granted under the 2021 Share Incentive Plan were estimated on the dates of grant using the following weighted average assumptions: Year Ended December 31, 2023 2022 Expected dividend yield 2.50 % 2.50 % Expected stock price volatility   58.67 %    51.00 % Risk-free interest rate 3.39 % 2.69 % Expected term (years) 5.1 5.1 On March 28, 2022, the compensation committee of Melco approved a proposal to allow for an option exchange program, designed to provide the eligible participants an opportunity to exchange certain outstanding underwater share options for new share options and new restricted shares to be granted, subject to the eligible participants’ consent (the “Option Exchange Program”). The share options eligible for exchange under the Option Exchange Program were those that were granted during the years from 2012 to 2021 under the 2011 Share Incentive Plan, including those unvested, or vested but not exercised or the unexercised share options granted in 2012 but expired in March 2022. The Option Exchange Program became unconditional and effective on April 15, 2022, the date Melco accepted the eligible participants’ consent (the “Modification Date”), with a total of 26,076,978 eligible share options were tendered and surrendered by eligible participants (the “Cancelled Share Options”) and Melco granted an aggregate of 2,486,241 new share options (the “Replacement Share Options”) and 5,912,547 new restricted shares (the “Replacement Restricted Shares”) under the 2021 Share Incentive Plan. The Replacement Share Options and Replacement Restricted Shares have vesting periods of on Program The fair values of the Replacement Share Options granted under the 2021 Share Incentive Plan were estimated on the Modification Date using the following weighted average assumptions: Expected dividend yield 2.50 % Expected stock price volatility 52.50 % Risk-free interest rate 2.75 % Expected term (years) 4.6 A summary of the share options activity under the 2021 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Weighted Aggregate Outstanding as of January 1, 2023 5,360,526 $  2.47 Granted 158,949 4.13 Exercised (68,148 ) 2.47 Outstanding as of December 31, 2023 5,451,327 $ 2.52 8.29 $ 2,593 Fully vested and expected to vest as of December 31, 2023 5,451,327 $ 2.52 8.29 $ 2,593 Exercisable as of December 31, 2023 2,133,066 $ 2.47 8.26 $ 1,045 The following information is provided for share options under the 2021 Share Incentive Plan: Year Ended December 31,  2023   2022  Weighted average grant date fair value (excluding the options granted under the Option Exchange Program) $ 1.82 $ 0.94 Proceeds from the exercise of share options $ 168 $ —  Intrinsic value of share options exercised $    120 $    —  As of December 31, 2023, there were $1,609 unrecognized compensation costs related to share options under the 2021 Share Incentive Plan and the costs are expected to be recognized over a weighted average period of 1.24 years. Restricted Shares Certain restricted shares were approved by Melco to Certain restricted shares were approved by Melco to Other than the restricted shares granted under the 2021 Bonus Shares and the 2022 Bonus Shares as described above, the fair values for restricted shares granted under the 2021 Share Incentive Plan during the years ended December 31, 2023 and 2022, with vesting periods of generally five months to three years, were determined with reference to the market closing prices of Melco’s ADS trading on the Nasdaq Global Select Market on the dates of grant or the Modification Date. There were no restricted shares granted under the 2021 Share Incentive Plan during the year ended December 31, 2021. A summary of the restricted shares activity under the 2021 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Unvested as of January 1, 2023 19,183,428 $ 2.33 Granted 11,086,512 4.12 Vested (12,819,975 ) 2.87 Forfeited (362,919 ) 2.64 Unvested as of December 31, 2023 17,087,046 $    3.08 The following information is provided for restricted shares under the 2021 Share Incentive Plan: Year Ended December 31,  2023   2022  Weighted average grant date fair value (excluding the options granted under the Option Exchange Program) $    4.12 $ 2.35 Grant date fair value of restricted shares vested $ 36,732 $ 12,967 As of December 31, 2023, there were $32,510 unrecognized compensation costs related to restricted shares under the 2021 Share Incentive Plan and the costs are expected to be recognized over a weighted average period of 1.85 years. MRP Share Incentive Plan MRP adopted a share incentive plan (the “MRP Share Incentive Plan”), effective on June 24, 2013, which was pro-rata All accrued liability associated with the cash-settled share options and restricted shares in accordance with the original vesting schedules was fully vested and settled during the year ended December 31, 2021. No fair value gain or loss on remeasurement of the liability associated with the cash-settled share options and restricted shares was recognized for the year ended December 31, 2021. Share Options As of December 31, 2023 and 2022, there were no outstanding share options under the MRP Share Incentive Plan. There were share options granted or exercised under the MRP Share Incentive Plan during the years ended December 31, 2023, 2022 and 2021. During the years ended December 31, 2023, 2022 and 2021, MRP paid nil, nil and $87 to settle the vested share options that are classified as cash-settled awards under the MRP Share Inventive Plan, respectively. As of December 31, 2023, there were no unrecognized compensation costs related to share options under the MRP Share Incentive Plan. Restricted Shares As of December 31, 2023 and 2022, there were no unvested restricted shares under the MRP Share Incentive Plan. There were no restricted shares granted under the MRP Share Incentive Plan during the years ended December 31, 2023, 2022, and 2021. The following information is provided for restricted shares under the MRP Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Grant date fair value of restricted shares vested $    —  $     —  $     351 During the years ended December 31, 2023, 2022 and 2021, MRP paid nil, nil and $346 to settle the vested restricted shares that are classified as cash-settled awards under the MRP Share Incentive Plan, respectively. As of December 31, 2023, there were no unrecognized compensation costs related to restricted shares under the MRP Share Incentive Plan. Melco International Share Incentive Plan On September 6, 2019, certain share-based awards under Melco International’s share option scheme adopted on May 30, 2012 and share purchase scheme adopted on October 18, 2007 (the “Melco International Share Incentive Plan”) were granted by Melco International to an employee of the Company. On April 6, 2022, the board of directors of Melco International announced an option exchange program, to provide the eligible participants an opportunity to exchange certain outstanding underwater share options for new share options and new restricted shares to be granted, subject to the eligible participants’ consent (the “Melco International Option Exchange Program”). The share options eligible for exchange under the Melco International Option Exchange Program were those that were granted during the years from 2016 to 2021 under the Melco International Share Incentive Plan, including those unvested, or vested but not exercised. The Melco International Option Exchange Program became effective on April 6, 2022. A total of 14,200,000 eligible share options granted to an one No incremental share-based compensation expense was resulted from the Melco International Option Exchange Program. In accordance with the applicable accounting standards, the share-based compensation expenses related to the grant of share-based awards under the Melco International Share Incentive Plan to an employee of the Company, to the extent of services received by the Company, are recognized in the accompanying consolidated statements of operations with a corresponding increase in additional paid-in The share-based compensation expenses for the Company were recognized as follows: Year Ended December 31, 2023 2022 2021 Share-based compensation expenses: 2011 Share Incentive Plan $ 10,343 $ 38,823 $ 53,466 2021 Share Incentive Plan 26,092 32,803 10,929 MRP Share Incentive Plan —  —  108 Melco International Share Incentive Plan —  2,865 6,641 Total share-based compensation expenses 36,435 74,491 71,144 Less: Share-based compensation expenses capitalized in property and equipment (962 ) (2,682 ) (3,187 ) Share-based compensation expenses recognized in general and administrative expenses $ 35,473 $ 71,809 $ 67,957

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	1 7 EMPLOYEE BENEFIT PLANS The Company operates defined contribution fund schemes in different jurisdictions, which allow eligible employees to participate in defined contribution plans (the “Defined Contribution Fund Schemes”). The Company either contributes a fixed percentage of the eligible employees’ relevant income, a fixed amount or an amount which matches the contributions of the employees up to a certain percentage of relevant income to the Defined Contribution Fund Schemes. The Company’s contributions to the Defined Contribution Fund Schemes are vested with employees in accordance to vesting schedules, achieving full vesting ranging from upon contribution to 10 years from the date of employment effective in April 2021. The Defined Contribution Fund Schemes were established under trusts with the fund assets being held separately from those of the Company by independent trustees. Employees employed by the Company in different jurisdictions are members of government-managed social security fund schemes (the “Social Security Fund Schemes”), which are operated by the respective governments, if applicable. The Company is required to pay monthly fixed contributions or certain percentages of employee relevant income and meet the minimum mandatory requirements of the respective Social Security Fund Schemes to fund the benefits. During the years ended December 31, 2023, 2022 and 2021, the Company’s contributions into the defined contribution retirement benefits schemes were $32,041, $26,688 and $26,984, respectively.

DISTRIBUTION OF PROFITS

DISTRIBUTION OF PROFITS	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
DISTRIBUTION OF PROFITS	1 8 DISTRIBUTION OF PROFITS Subsidiaries of Melco incorporated in Macau are required to set aside a minimum between % to % of the entity’s profit after tax to the legal reserve until the balance of the legal reserve reaches a level equivalent to between % to % of the entity’s share capital in accordance with the provisions of the Macau Commercial Code. The legal reserve is not available for distribution to the shareholders of the subsidiaries. The appropriation of the legal reserve is recorded in the subsidiaries’ financial statements in the year in which it is approved by the shareholders of the relevant subsidiaries. As of December 31, 2023 and 2022, the aggregate balance of the legal reserves amounted to The Company’s borrowings, subject to certain exceptions and conditions, contain certain restrictions on paying dividends and other distributions, as defined in the respective indentures governing the relevant senior notes and credit facility agreements, and disclosed in Note 11 under each of the respective borrowings.

DIVIDENDS

DIVIDENDS	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
DIVIDENDS	1 9 DIVIDENDS In May 2020, the Company suspended its quarterly dividend program due to the impact of the COVID-19 During the years ended December 31, 2023, 2022 and 2021, the Company did not declare any dividend s

REGULAR LICENSE, COOPERATION AG

REGULAR LICENSE, COOPERATION AGREEMENT, OPERATING AGREEMENT AND MRP LEASE AGREEMENT FOR CITY OF DREAMS MANILA	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
REGULAR LICENSE, COOPERATION AGREEMENT, OPERATING AGREEMENT AND MRP LEASE AGREEMENT FOR CITY OF DREAMS MANILA	2 0 REGULAR LICENSE, COOPERATION AGREEMENT, OPERATING AGREEMENT AND MRP LEASE AGREEMENT FOR CITY OF DREAMS MANILA The following agreements related to the development of City of Dreams Manila were entered into by the relevant parties of the Licensees (described below) and certain of its subsidiaries, which became effective on (a) Regular License On April 29, 2015, PAGCOR issued a regular casino gaming license, as amended (the “Regular License”) in replacement of a provisional license granted as of March 13, 2013, to the co-licensees co-licensee, co-licensees 1 (b) Cooperation Agreement The Licensees and certain of its subsidiaries entered into a cooperation agreement (the “Cooperation Agreement”) and other related arrangements which govern the rights and obligations of the Licensees. Under the Cooperation Agreement, Melco Resorts Leisure is appointed as the sole and exclusive representative of the Licensees in connection with the Regular License and is designated as the operator to operate and manage City of Dreams Manila. Further details of the commitments under the Cooperation Agreement are included in Note 21(b). (c) Operating Agreement The Licensees entered into an operating agreement (the “Operating Agreement”) which governs the operation and management of City of Dreams Manila by Melco Resorts Leisure. Under the Operating Agreement, Melco Resorts Leisure is appointed as the sole and exclusive operator and manager of City of Dreams Manila, and is responsible for, and has sole discretion (subject to certain exceptions) and control over, all matters relating to the operation and management of City of Dreams Manila (including the gaming and non-gaming non-gaming As a result of the disruptions and impact caused by the COVID-19 (d) MRP Lease Agreement Melco Resorts Leisure and Belle entered into a lease agreement, as amended from time to time (the “MRP Lease Agreement”) under which Belle agreed to lease to Melco Resorts Leisure the land and certain of the building structures for City of Dreams Manila. The leased property is used by Melco Resorts Leisure and any of its affiliates exclusively as a hotel, casino and resort complex. As a result of the disruptions and impact caused by the COVID-19 On August 19, 2022 and October 31, 2022, Melco Resorts Leisure and Belle entered into supplemental agreements to the MRP Lease Agreement to make certain adjustments to the rental payments paid or payable by Melco Resorts Leisure from 2022 to 2033.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	2 1 COMMITMENTS AND CONTINGENCIES (a) Capital Commitments As of December 31, 2023, the Company had capital commitments mainly for the construction and acquisition of property and equipment for Studio City and City of Dreams totaling (b) Other Commitments Concession - Macau Under the Concession awarded by the Macau government to Melco Resorts Macau on December 16, 2022, in addition to the fixed premium and variable premiums, as well as the Fee (see Note 7), Melco Resorts Macau is obligated to pay the Macau government the following: i) A special gaming tax of an amount equal to 35% of gross gaming revenue on a monthly basis. ii) Contributions of 2% and 3% of gross gaming revenue to a public fund, and to urban development, touristic promotion and social security, respectively, on a monthly basis. These contributions may be waived or reduced with respect to gross gaming revenue generated by foreign patrons under certain circumstances. iii) A special premium in the event the average gross gaming revenue of Melco Resorts Macau’s gaming tables does not reach the annual minimum of MOP7,000 (equivalent to $870) and the average gross gaming revenue of the electronic gaming machines does not reach the annual minimum of MOP300 (equivalent to $37). The amount of the special premium is equivalent to the difference between the amount of the special gaming tax paid by Melco Resorts Macau and the amount that would be paid under the annual minimum set average gross gaming revenue for gaming tables and electronic gaming machines. iv) Melco Resorts Macau must maintain a guarantee issued by a Macau bank in favor of the Macau government in the amount of MOP1,000,000 (equivalent to $124,284) until 180 days after the earlier of the expiration or As a result of the bank guarantee issued by the bank to the Macau government as disclosed above, a sum of 0.03% per annum of the guarantee amount is payable by Melco Resorts Macau to the bank. Committed Investment In connection with the Concession, Melco Resorts Macau has undertaken to carry out investment in the overall amount of MOP11,823,700 (equivalent to $1,469,491) by December 2032. The investment plan includes gaming and non-gaming non-gaming non-gaming non-gaming Trigger was reached and, the non-gaming investment to be carried out was increased by MOP2,003,000 (equivalent to $248,940) to MOP12,011,000 (equivalent to $1,492,769), with the overall investment amount increased to MOP13,826,700 (equivalent to $1,718,431) to be carried out by December 2032. As of December 31, 2023, the total investment in gaming and non-gaming related projects carried out was in the aggregate amount of MOP1,330,971 (equivalent to $165,418). Regular License - Philippines Commitments required by PAGCOR under the Regular License are as follows: • To secure a surety bond in favor of PAGCOR in the amount of PHP100,000 (equivalent to $1,800) to ensure prompt and punctual remittances/payments of all license fees. • License fees must be remitted on a monthly basis, in lieu of all taxes with reference to the income component of the gross gaming revenues: (a) 15% high roller tables; (b) 25% non-high non-high • The Licensees are required to remit 2% of casino revenues generated from non-junket • PAGCOR may collect a 5% fee on non-gaming • Grounds for revocation of the Regular License, among others, are as follows: (a) failure to comply with material provisions of this license; (b) failure to remit license fees within 30 days from receipt of notice of default; (c) the holder has become bankrupt or insolvent; and (d) if the debt-to-equity 70:30 debt-to-equity Cooperation Agreement - Philippines Under the terms of the Cooperation Agreement, the Licensees are jointly and severally liable to PAGCOR under the Regular License and each Licensee (indemnifying Licensee) must indemnify the other Licensees for any losses suffered or incurred by that Licensee arising out of, or in connection with, any breach by the indemnifying Licensee of the Regular License. Also, each of the Philippine Parties and MPHIL Holdings Group agree to indemnify the non-breaching Gaming License - Cyprus Pursuant to the Cyprus License agreement, in addition to the Cyprus License Fee (see Note 7), the Cyprus Subsidiary has committed to pay the Cyprus government a casino tax of an amount equal (c) Guarantees Except as disclosed in Notes 11 and 21(b), the Company has made the following significant guarantees as of December 31, 2023: • Melco entered into two deeds of guarantee with third parties amounting to $35,000 to guarantee certain payment obligations of the City of Dreams’ operations. • In October 2013, one of the Melco’s subsidiaries entered into a trade credit facility agreement for HK$200,000 (equivalent to $25,602) (“Trade Credit Facility”) with a bank to meet certain payment obligations of the Studio City project. The Trade Credit Facility which matured on August 31, 2023 was further extended to August 31, 2025, and is guaranteed by Studio City Company. As of December 31, 2023, approximately $640 of the Trade Credit Facility had been utilized. • Melco Resorts Leisure issued a corporate guarantee of PHP100,000 (equivalent to $1,800) to a bank in respect of a surety bond issued to PAGCOR as disclosed in Note 21(b) under the Regular License. (d) Litigation On December 7, 2021, the Independent Liquor and Gaming Authority in Australia (“ILGA”) commenced proceedings in the Supreme Court of New South Wales against Melco and six individual directors and/or officers of Melco, principally seeking a payment of Australian dollars (“AUD”) 3,676 (equivalent to $2,664) together with (i) the corresponding interest on such amount from August 3, 2020 to the date of judgment, and (ii) ILGA’s legal costs in the proceedings by ILGA allegedly associated with its seeking in its assessment of whether a major change was proposed or occurred as a result of Melco’s acquisition of shares in Crown in 2019. On July 24, 2023, a settlement deed was entered into for full and final settlement of all outstanding claims in respect of such proceedings. As of December 31, 2023, the Company was a party to certain other legal proceedings which relate to matters arising out of the ordinary course of its business. Management believes that the outcomes of such proceedings have been adequately provided for or have no material impacts on the Company’s consolidated financial statements as a whole.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	2 2 RELATED PARTY TRANSACTIONS During the years ended December 31, 2023, 2022 and 2021, the Company entered into the following significant related party transactions: Year Ended December 31, Related companies Nature of transactions 2023 2022 2021 Transactions with affiliated companies Melco International and its subsidiaries Revenues and income (services provided by the Company): Shared service fee income for corporate office $  2,198 $  2,188 $  1,345 Loan interest income 1,238 16,133 —  Costs and expenses (services provided to the Company): Management fee expenses (1) 2,182 1,394 1,749 Share-based compensation expenses (2) —  2,865 6,641 (1) The amount mainly represents management fee expenses for the services provided by the senior management of Melco International and for the operation of the office of Melco’s Chief Executive Officer. (2) The amount represents the share-based compensation expenses related to the grant of certain share-based awards under the Melco International Share Incentive Plan to an employee of the Company. Further information on the share-based compensation arrangements is included in Note 16. Other Related Party Transactions As of December 31, 2023, Mr. Lawrence Yau Lung Ho, Melco’s Chief Executive Officer, and his controlled entity; and an independent director of Melco held an aggregate principal amount of $60,000 and $7,591 senior notes issued by subsidiaries of Melco, respectively. As of December 31, 2022, Mr. Lawrence Yau Lung Ho and his controlled entity; and an independent director of Melco held an aggregate principal amount of $60,000 and $8,500 senior notes issued by subsidiaries of Melco, respectively. In November 2023, an independent director of Melco participated in the Tender Offer and a of the 2020 6.000% SC Notes was purchased by Studio City Finance for a consideration of $ . During the years ended December 31, 2023, 2022 and 2021, total interest expense of $3,300, $3,300 and $4,494, in relation to the senior notes issued by a subsidiary of Melco, were paid or payable to Mr. Lawrence Yau Lung Ho and his controlled entity, respectively. During the years ended December 31, 2023, 2022 and 2021, total interest expense of $519, $497 and $316, in relation to the senior notes issued by subsidiaries of Melco, were paid or payable to an independent director of Melco, respectively. (a) Receivables from Affiliated Companies The outstanding balances mainly arising from operating income or prepayment of operating expenses on behalf of the affiliated companies as of December 31, 2023 and 2022 are unsecured, non-interest December 31, 2023 2022 Melco International subsidiaries $ 728 $ 563 Oth er 69 67 $ 797 $ 630 (b) Payables to Affiliated Companies The outstanding balances mainly arising from operating expenses and expenses paid by affiliated companies on behalf of the Company as of December 31, 2023 and 2022, are unsecured, non-interest December 31, 2023 2022 Melco subsidiaries $ 377 $ 761 (c) Receivables from an Affiliated Company, Non-current On March 28, 2022, Melco entered into a facility agreement (the “Facility Agreement”) with Melco International pursuant to which a $250,000 revolving loan facility was granted by Melco as lender to Melco International as borrower for a period of 12 months after the first utilization date (the last day of such period being the “Final Repayment Date”). Melco International could request utilization of all or part of the loan from the date of the Facility Agreement until one month prior to the Final Repayment Date for general corporate purposes of Melco International and its subsidiaries (excluding the Company). Principal amounts outstanding under the Facility Agreement bore interest at an annual rate of 11%, with outstanding principal amounts and accrued interest payable by Melco International on the Final Repayment Date. On December 30, 2022, Melco and Melco International agreed to amend the Final Repayment Date to June 30, 2024, subject to certain conditions. As of December 31, 2022, the outstanding principal amount under the Facility Agreement was $200,000 and the remaining outstanding balance mainly represented the accrued interest payable. No part of the amounts would be repayable within the next twelve months from the balance sheet date and, accordingly, the amounts were shown as non-current assets in the accompanying consolidated balance sheets. The outstanding principal amount of $ under the Facility Agreement was fully repaid by Melco International on January , . The Facility Agreement was terminated on March , following the settlement of the related accrued loan interest under the Facility Agreement due by Melco International to Melco on the same date.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
SEGMENT INFORMATION	2 3 SEGMENT INFORMATION The Company is principally engaged in the gaming and hospitality business in Asia and Europe and its principal operating and developmental activities occur in three geographic areas: Macau, the Philippines and Cyprus. The Company monitors its operations and evaluates earnings by reviewing the assets and operations of Mocha, Altira Macau, City of Dreams, Studio City, City of Dreams Manila and City of Dreams Mediterranean and Other. Development projects are included in the Corporate and Other category. Effective from June 12, 2023, with the soft opening of City of Dreams Mediterranean as disclosed in Note 1, the Cyprus Operations segment which previously included the operation of the temporary casino before its closure on June 9, 2023 and the licensed satellite casinos in Cyprus, has been renamed to City of Dreams Mediterranean and Other segment which included the operation of City of Dreams Mediterranean and the licensed satellite casinos in Cyprus. Effective from June 27, 2022, the Grand Dragon Casino, which was previously reported under the Corporate and Other segment, has been included in the Mocha and Other segment as a result of the change of terms of the right-to-use agreement for the Grand Dragon Casino. Grand Dragon Casino’s total assets of were included in the Corporate and Other segment as of December 31, 2021. Grand Dragon Casino’s operating revenues of were included in the Corporate and Other segment during the year ended December 31, 2021. The Company’s segment information for total assets and capital expenditures is as follows: Total Assets December 31, 2023 2022 2021 Macau: Mocha and Other $ 135,256 $ 122,499 $ 121,214 Altira Macau 77,631 239,575 266,161 City of Dreams 2,720,571 2,641,875 2,942,233 Studio City 3,705,391 3,924,262 3,668,526 Sub-total 6,638,849 6,928,211 6,998,134 The Philippines: City of Dreams Manila 418,594 381,579 576,794 Cyprus: City of Dreams Mediterranean and Other 742,450 565,663 451,771 Corporate and Other 535,179 1,426,331 856,991 Total consolidated assets $ 8,335,072 $ 9,301,784 $ 8,883,690 Capital Expenditures Year Ended December 31, 2023 2022 2021 Macau: Mocha and Other $ 4,590 $ 1,704 $ 1,368 Altira Macau 3,892 3,303 6,123 City of Dreams 22,259 21,684 52,520 Studio City 73,452 429,362 505,783 Sub-total 104,193 456,053 565,794 The Philippines: City of Dreams Manila 24,970 4,986 22,912 Cyprus: City of Dreams Mediterranean and Other 108,214 131,419 186,361 Corporate and Other 15,113 5,956 7,083 Total capital expenditures $ 252,490 $ 598,414 $ 782,150 The Company’s segment information and reconciliation to net loss attributable to Melco Resorts & Entertainment Limited is as follows: Year Ended December 31, 2023 2022 2021 Operating revenues Macau: Mocha and Other $ 117,700 $ 76,403 $ 84,954 Altira Macau 110,825 32,615 56,205 City of Dreams 1,930,483 559,684 1,146,919 Studio City 958,354 175,983 372,277 Sub-total 3,117,362 844,685 1,660,355 The Philippines: City of Dreams Manila 495,097 396,392 268,597 Cyprus: City of Dreams Mediterranean and Other 159,359 91,255 52,631 Corporate and Other 3,429 17,645 30,773 Total operating revenues $ 3,775,247 $ 1,349,977 $ 2,012,356 Adjusted property EBITDA (1) Macau: Mocha and Other $ 27,286 $ 10,291 $ 17,054 Altira Macau (1,277 ) (43,020 ) (53,974 ) City of Dreams 576,313 (32,160 ) 201,954 Studio City 206,790 (105,164 ) (20,490 ) Sub-total 809,112 (170,053 ) 144,544 The Philippines: City of Dreams Manila 205,452 146,926 88,962 Cyprus: City of Dreams Mediterranean and Other 27,500 23,696 1,593 Total adjusted property EBITDA 1,042,064 569 235,099 Operating costs and expenses: Payments to the Philippine Parties (42,451 ) (28,894 ) (26,371 ) Pre-opening (43,994 ) (15,585 ) (4,157 ) Development costs (1,202 ) —  (30,677 ) Amortization of gaming subconcession —  (32,785 ) (57,276 ) Amortization of land use rights (22,670 ) (22,662 ) (22,832 ) Depreciation and amortization (520,726 ) (466,492 ) (499,739 ) Land rent to Belle (1,911 ) (2,318 ) (2,848 ) Share-based compensation (35,473 ) (71,809 ) (67,957 ) Property charges and other (228,437 ) (39,982 ) (30,575 ) Corporate and Other expenses (80,241 ) (63,147 ) (70,118 ) Total operating costs and expenses (977,105 ) (743,674 ) (812,550 ) Operating income (loss) $ 64,959 $ (743,105 ) $ (577,451 ) Year Ended December 31, 2023 2022 2021 Non-operating Interest income $  23,305 $  26,458 $ 6,618 Interest expense, net of amounts capitalized (492,391 ) (376,722 )  (350,544 ) Other financing costs (4,372 ) (6,396 ) (11,033 ) Foreign exchange gains, net 2,232 3,904 4,566 Other income, net 2,748 3,930 3,082 Gain (loss) on extinguishment of debt 1,611 —  (28,817 ) Total non-operating (466,867 ) (348,826 ) (376,128 ) Loss before income tax (401,908 ) (1,091,931 ) (953,579 ) Income tax expense (13,422 ) (5,236 ) (2,885 ) Net loss (415,330 ) (1,097,167 ) (956,464 ) Net loss attributable to noncontrolling interests 88,410 166,641 144,713 Net loss attributable to Melco Resorts & Entertainment Limited $ (326,920 ) $ (930,526 ) $ (811,751 ) (1) “Adjusted property EBITDA” is net loss before interest, taxes, depreciation, amortization, pre-opening non-operating The Company’s geographic information for long-lived assets is as follows: Long-lived Assets December 31, 2023 2022 2021 Macau $  5,752,786 $  6,068,502 $  6,080,616 The Philippines 118,495 141,765 341,307 Cyprus 663,633 485,570 378,738 Hong Kong and other foreign countries 30,452 29,871 32,972 Total long-lived assets $ 6,565,366   $ 6,725,708   $ 6,833,633

CHANGES IN SHAREHOLDINGS OF SUB

CHANGES IN SHAREHOLDINGS OF SUBSIDIARIES	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
CHANGES IN SHAREHOLDINGS OF SUBSIDIARIES	2 4 CHANGES IN SHAREHOLDINGS OF SUBSIDIARIES The Philippine subsidiaries As a result of the Reverse Stock Split, only those shareholders of MRP who originally owned 500,000 MRP common shares with a par value of PHP1 (equivalent to $0.02) per share (each an “Original Share”) and in multiples thereof immediately prior to the Reverse Stock Split would now own whole shares (each a “MRP Whole Share”) of stock of MRP. Other holders of the Original Shares could now only hold a fractional share of MRP (“MRP Fractional Share”). To facilitate the elimination of MRP Fractional Shares held by other shareholders of MRP, MPHIL Corporation (“MPHIL”), a subsidiary of Melco, offered to purchase the resulting MRP Fractional Shares at the purchase price to be calculated by multiplying the number of Original Shares represented by the relevant MRP Fractional Shares (which were equal to the number of Original Shares held by the relevant shareholder immediately prior to the Reverse Stock Split) by the price of PHP7.25 (equivalent to $0.14) per Original Share (“Fractional Share Elimination Plan”). A shareholder could also sell any MRP Whole Shares to MPHIL under the Fractional Share Elimination Plan. Any holder of MRP Fractional Shares and/or MRP Whole Shares may accept this offer during the two-year During the years ended December 31, 2023, 2022 and 2021, the Company through its subsidiaries, purchased 10.111, 50.906 and 123.103 common shares of MRP at a total consideration of PHP36,651 (equivalent to $671), PHP175,173 (equivalent to $ 3,310 8,518 paid-in The Company retains its controlling financial interests in MRP before and after the above transactions. Studio City International During February and March 2022, Studio City International, respectively, announced and completed a series of private offers of its 400,000,000 Class A ordinary shares to certain existing shareholders and holders of its ADSs, including Melco, with gross proceeds amounting to $300,000, of which $134,944 was from noncontrolling interests (the “2022 Private Placements”). The 2022 Private Placements increased Melco’s shareholding in Studio City International and the Company recognized an increase of $879 in Melco’s additional paid-in The Company retains its controlling financial interest in Studio City International before and after the above transactions. The schedule below discloses the effects of changes in Melco’s ownership interest in MRP and Studio City International on its equity: Year Ended December 31, 2023 2022 2021 Net loss attributable to Melco Resorts & Entertainment Limited $ (326,920 ) $ (930,526 ) $ (811,751 ) Transfers (to) from noncontrolling interests: The Philippine subsidiaries Decrease in additional paid-in (582 ) (2,952 ) (6,951 ) Studio City International Increase in additional paid-in —  879 —  Changes from net loss attributable to Melco Resorts & Entertainment Limited’s shareholders and transfers from noncontrolling interests $ (327,502 ) $ (932,599 ) $ (818,702 )

ADDITIONAL INFORMATION - FINANC

ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY	12 Months Ended
	Dec. 31, 2023
Parent Company [Member]
ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY	ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY CONDENSED BALANCE SHEETS (In thousands, except share and per share data) December 31, 2023 2022 ASSETS Current assets: Cash and cash equivalents $ 61,345 $ 7,407 Receivables affiliated 1,064 779 Receivables from subsidiaries 198,910 157,737 Prepaid expenses and other current assets 8,619 9,527 Total current assets 269,938 175,450 Investments in subsidiaries —  423,520 Receivables affiliated —  216,333 Receivables from subsidiaries 673,729 165,056 Total assets $   943,667 $ 980,359 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current liabilities: Accrued expenses and other current liabilities $ 7,954 $ 26,811 Income tax payable 12,536 1,417 Payables affiliated 103 75 Payables to subsidiaries 268,656 260,720 Total current liabilities 289,249 289,023 Investments deficit in subsidiaries 511,449 —  Other long-term liabilities 54 227 Payables to subsidiaries 1,430,195 1,541,434 Total liabilities 2,230,947 1,830,684 Shareholders’ deficit: Ordinary shares, par value $0.01; 7,300,000,000 shares authorized; 14,047 14,451 Treasury shares, at cost; 93,408,292 and 109,744,816 shares, respectively (255,068 ) (241,750 ) Additional paid-in 3,109,212 3,218,895 Accumulated other comprehensive losses (98,599 ) (111,969 ) Accumulated losses (4,056,872 ) (3,729,952 ) Total shareholders’ deficit (1,287,280 ) (850,325 ) Total liabilities and shareholders’ deficit $ 943,667 $ 980,359 ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY CONDENSED STATEMENTS OF OPERATIONS (In thousands) Year Ended December 31, 2023 2022 2021 Operating revenues $ 84,130 $ 15,340 $ 9,547 Operating costs and expenses: General and administrative (34,342 ) (50,532 ) (51,285 ) Development costs —  —  (32,000 ) Property charges and other (1,244 ) (406 ) (956 ) Total operating costs and expenses (35,586 ) (50,938 ) (84,241 ) Operating income (loss)   48,544 (35,598 ) (74,694 ) Non-operating Interest income 4,991   16,151 20 Interest expense (19,366 ) (3,165 ) —  Foreign exchange gains, net 1,496 7,437 6,211 Other income, net 7,302 11,220   15,092 Share of results of subsidiaries (358,767 ) (922,771 ) (755,678 ) Total non-operating (364,344 ) (891,128 ) (734,355 ) Loss before income tax (315,800 ) (926,726 ) (809,049 ) Income tax expense (11,120 ) (3,800 ) (2,702 ) Net loss $ (326,920 ) $ (930,526 ) $ (811,751 ) ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY CONDENSED STATEMENTS OF COMPREHENSIVE LOSS (In thousands) Year Ended December 31, 2023 2022 2021 Net loss $ (326,920 ) $ (930,526 ) $ (811,751 ) Other comprehensive income (loss): Foreign currency translation adjustments 13,370 (35,961 ) (64,676 ) Other comprehensive income (loss) 13,370 (35,961 ) (64,676 ) Total comprehensive loss $ (313,550 ) $ (966,487 ) $ (876,427 ) ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY CONDENSED STATEMENTS OF CASH FLOWS (In thousands) Year Ended December 31, 2023 2022 2021 Cash flows from operating activities: Net cash provided by (used in) operating activities $   70,894 $ 86,252 $ (21,401 ) Cash flows from investing activities: Payments of advances to subsidiaries (528,794 ) (215,613 ) (20,005 ) Proceeds from advances repayment from subsidiaries 75,041 —  —  Proceeds from loan repayment from an affiliated company 200,000 —  —  Proceeds from transfer of intangible asset 519,000 —  —  Payment of loan to an affiliated company —  (200,000 ) —  Net cash provided by (used in) investing activities 265,247 (415,613 ) (20,005 ) Cash flows from financing activities: Repayments of loans or advances from subsidiaries (270,593 ) —  —  Repurchase of shares (169,836 ) (189,161 ) (52,026 ) Proceeds from loans or advances from subsidiaries 158,000 521,860 54,187 Proceeds from exercise of share options 226 —  7,101 Net cash (used in) provided by financing activities (282,203 ) 332,699 9,262 Increase (decrease) in cash and cash equivalents 53,938 3,338 (32,144 ) Cash and cash equivalents at beginning of year 7,407 4,069 36,213 Cash and cash equivalents at end of year $ 61,345 $ 7,407 $ 4,069 Supplemental cash flow disclosures: Assignment of advance to subsidiary to offset with advance from subsidiary $ —  $ —  $ 235,897 Capitalization of advance to subsidiary as investment in subsidiary $ —  $ —  $ 235,897

SCHEDULE 1 FINANCIAL INFORMATIO

SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY ADDITIONAL INFORMATION	12 Months Ended
	Dec. 31, 2023
Parent Company [Member]
SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY ADDITIONAL INFORMATION	ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY NOTES TO FINANCIAL STATEMENT SCHEDULE 1 (In thousands) 1. Schedule 1 has been provided pursuant to the requirements of Rule 12-04(a) 4-08(e)(3) S-X, of the restricted net assets were not available for distribution and as such, the condensed financial information of Melco Melco 2. Basis of Presentation The accompanying condensed financial information has been prepared using the same accounting policies as set out in Melco’s consolidated financial statements except that the parent company has used the equity method to account for its investments in subsidiaries. For the parent company, the Company records its investments in subsidiaries under the equity method of accounting as prescribed in Accounting Standards Codification 323, Investments-Equity Method and Joint Ventures. Such investments are presented on the Condensed Balance Sheets as ‘‘Investments in subsidiaries” or “Investments deficit in subsidiaries” and the subsidiaries’ profit or loss as ‘‘Share of results of subsidiaries” on the Condensed Statements of Operations. Ordinarily, an investor in an equity method investee would cease to recognize its share of the losses of an investee once the carrying value of the investment has been reduced to nil absent an undertaking by the investor to provide continuing support and fund losses. For the purpose of this Schedule 1, the parent company has continued to reflect its share, based on its proportionate interest, of the losses of subsidiaries regardless of the carrying value of the investment even though the parent company is not obligated to provide continuing support or fund losses.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	(a) Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). The accompanying consolidated financial statements include the accounts of Melco and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	(b) Use of Estimates The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Accordingly, actual results could differ from those estimates.
Fair Value of Financial Instruments	(c) Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e. the “exit price”) in an orderly transaction between market participants at the measurement date. The Company estimated the fair values using appropriate valuation methodologies and market information available as of the balance sheet date.
Cash and Cash Equivalents	(d) Cash and Cash Equivalents Cash and cash equivalents consist of cash and highly liquid investments with original maturities of three months or less. Cash equivalents consist of bank time deposits placed with financial institutions with high-credit ratings and quality.
Restricted Cash	(e) Restricted Cash The current portion of restricted cash represents cash deposited into bank accounts which are restricted as to withdrawal and use and the Company expects these funds will be released or utilized in accordance with the terms of the respective agreements within the next twelve months, while the non-current 1
Accounts Receivable and Credit Risk	(f) Accounts Receivable and Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of casino accounts receivable. The Company issues credit in the form of markers to approved casino customers following investigations of creditworthiness. Credit is/can be given to gaming promoters. These receivables can be offset against commissions payable and any other value items held by the Company to the respective customers and gaming promoters for which the Company intends to set off when required. As of December 31, 2023 and 2022, a substantial portion of the Company’s markers were due from customers and gaming promoters residing in foreign countries. Business and economic conditions, the legal enforceability of gaming debts, foreign currency control measures or other significant events in foreign countries could affect the collectability of receivables from customers and gaming promoters residing in these countries. Accounts receivable, including casino, hotel and other receivables, are typically non-interest for credit losses is estimated based on specific reviews of the age of the balances owed, the customers’ financial condition, management’s experience with the collection trends of the customers, current business and economic conditions, and management’s expectations of future business and economic conditions. Management believes that as of December 31, 2023 and 2022, no significant concentrations of credit risk existed for which an allowance had not already been recorded.
Inventories	(g) Inventories Inventories consist of retail merchandise, food and beverage items and certain operating supplies, which are stated at the lower of cost or net realizable value. Cost is calculated using the first-in, first-out,
Prepaid Expenses and Other Current Assets	(h) Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets represent current assets that are typically used up or expire within the normal operating cycle of the Company. The prepaid expenses as of December 31, 2023 and 2022 were respectively.
Assets held for sale	(i) Assets Held For Sale Assets (disposal group) classified as held for sale are measured at the lower of their carrying amounts or fair values less costs to sell. Losses are recognized for any initial or subsequent write-down to fair values less costs to sell, while gains are recognized for any subsequent increases in fair values less costs to sell, but not in excess of the cumulative losses previously recognized. Assets are not depreciated and amortized while classified as held for sale. No impairment on assets held for sale was recognized during the years ended December 31, 2023 and 2021. During the year ended December 31, 2022, an impairment of assets held for sale of , which related to a significant decrease in the market value of a piece of freehold land in Japan as described in Note 5, was recognized and included in property charges and other in the accompanying consolidated statements of operations. The fair value of the freehold land was calculated by using level 3 inputs based on the market approach.
Property and Equipment	(j) Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization, and accumulated impairment, if any. Gains or losses on dispositions of property and equipment are included in the accompanying consolidated statements of operations. Major additions, renewals and betterments are capitalized, while maintenance and repairs are expensed as incurred. During the construction and development stage of the Company’s integrated resort facilities, direct and incremental costs related to the design and construction, including costs under construction contracts, duties and tariffs, equipment installations, shipping costs, payroll and payroll-benefit related costs, applicable portions of interest, including amortization of deferred financing costs, are capitalized in property and equipment. The capitalization of such costs begins when the construction and development of a project starts and ceases once the construction is substantially completed or development activity is substantially suspended. Depreciation and amortization expense related to capitalized construction costs and other property and eq ui Property and equipment are depreciated and amortized over the following estimated useful lives on a straight-line basis: Freehold land Not depreciated Buildings 4 to 40 years Transportation 5 to 10 years Leasehold improvements 3 to 10 years or over the lease term, whichever is shorter Furniture, fixtures and equipment 2 to 15 years Plant and gaming machinery 3 to 5 years During the years ended December 31, 2023, 2022 and 2021, impairments of property and equipment of $110,033, $3,595 and $3,643, being part of the impairment of long-lived assets as described in Note 2(m), were recognized, respectively, and included in property charges and other in the accompanying consolidated statements of operations.
Capitalized Interest	(k) Capitalized Interest Interest, including amortization of deferred financing costs, associated with major development and construction projects is capitalized and included in the cost of the projects. The capitalization of interest ceases when the project is substantially completed or the development activity is substantially suspended. The amount to be capitalized is determined by applying the weighted average interest rate of the Company’s outstanding borrowings to the average amount of accumulated qualifying capital expenditures for assets under construction during the year. Total interest expense incurred amounted to
Goodwill and Intangible Assets	(l) Goodwill and Intangible Assets Goodwill represents the excess of the acquisition cost over the fair value of tangible and identifiable intangible net assets of any business acquired. Goodwill is not amortized, but is tested for impairment at the reporting unit level on an annual basis, and between annual tests when circumstances indicate that the carrying value of goodwill may not be recoverable. Intangible assets other than goodwill are amortized over their useful lives unless their lives are determined to be indefinite in which case they are not amortized. Intangible assets are stated at cost, net of accumulated amortization, and accumulated impairment, if any. The Company’s finite-lived intangible assets consist of the previous gaming subconcession for the period up to its expiry on December 31, 2022, the Concession, the Cyprus License (as defined in Note 7), internal-use Costs incurred to develop software for internal use are capitalized and amortized over the estimated useful lives of the software of 3 to 15 years on a straight-line basis. The capitalization of such costs begins during the application development stage of the software project and ceases once the software project is substantially complete and ready for its intended use. Costs of specified upgrades and enhancements to the internal-use When performing the impairment analysis for goodwill and intangible assets with indefinite lives, the Company will first perform a qualitative assessment to determine whether it is necessary to perform a quantitative impairment test. If the qualitative factors indicate that the carrying amount of the reporting unit is more likely than not to exceed the fair value, then a quantitative impairment test is performed. To perform a quantitative impairment test of intangible assets with indefinite lives, the Company performs an assessment that consists of a comparison of the fair values of the intangible assets with indefinite lives with their carrying amounts. An impairment is recognized in an amount equal to the excess of the carrying amounts over the fair values of the intangible assets with indefinite lives. To perform a quantitative impairment test of goodwill, the Company performs an assessment that consists of a comparison of the carrying value of a reporting unit with its fair value. The fair value of the reporting unit is determined using income valuation approaches through the application of the discounted cash flow method. Estimating fair value of the reporting unit involves significant assumptions, including future revenue growth rates, future market conditions, gross margin, discount rate and terminal growth rate. If the carrying value of the reporting unit exceeds its fair value, an impairment is recognized for the amount by which the carrying value exceeds the reporting unit’s fair value, limited to the total amount of goodwill allocated to that reporting unit. No impairment on goodwill and intangible assets with indefinite lives was recognized during the years ended December 31, 2023, 2022 and 2021. During the year ended December 31, 2023, an intangible asset with finite lives for Altira Macau was fully impaired, being part of the impairment of long-lived assets as described in Note 2(m). No impairment on intangible assets with finite lives was recognized during the years ended December 31, 2022 and 2021.
Impairment of Long-lived Assets (Other Than Goodwill)	( m Impairment of Long-lived Assets (Other Than Goodwill) The Company evaluates the long-lived assets with finite lives to be held and used for impairment whenever indicators of impairment exist. The Company then compares the estimated future cash flows of the assets, on an undiscounted basis, to the carrying values of the assets. Estimating future cash flows of the assets involves significant assumptions, including future revenue growth rates, future market conditions and gross margin. If the undiscounted cash flows exceed the carrying values, no impairments are indicated. If the undiscounted cash flows do not exceed the carrying values, then an impairment charge is recorded based on the fair values of the assets, typically measured using a discounted cash flow model involving significant assumptions, such as discount rates. If an asset is still under development, future cash flows include remaining construction costs. During the year ended December 31, 2023, with the market value of Altira Macau significantly decreased as a result of a change in its forecasted performance given the latest market conditions and lingering disruptions to the business caused by COVID-19 and the Company’s earlier cessation of arrangements with gaming promoters in Macau, the Company recognized an impairment of long-lived assets in relation to Altira Macau of $207,608 which was recognized and included in property charges and other in the accompanying consolidated statements of operations. Such amount included the impairment of Altira Macau’s property and equipment of $110,033 , and the full impairment of the finite-lived intangible assets, land use rights and operating lease right-of-use assets $30,435 , $65,172 and $ , respectively. The fair values of the long-lived assets of Altira Macau were estimated by using level 3 inputs based on a combination of income and cost approaches. During the year ended December 31, 2022, an impairment of long-lived assets of $ represents the impairment of property and equipment which related to a significant decrease in the market value of an aircraft as described in Note 5 was recognized and included in property charges and other in the accompanying consolidated statements of operations. The fair value of the aircraft was estimated by using level 2 inputs based on a buyer indicative purchase price. During the year ended December 31, 2021, an impairment of long-lived assets of $ represents impairment of property and equipment, mainly due to reconfigurations and renovations at the Company’s operating properties, and of which $ related to a significant decrease in the market value of a piece of freehold land as described in Note 5 was recognized and included in property charges and other in the accompanying consolidated statements of operations. The fair value of the freehold land was calculated by using level 3 inputs based on the market approach.
Deferred Financing Costs	(n) Deferred Financing Costs Direct and incremental costs incurred in obtaining loans or in connection with the issuance of long-term debt are capitalized and amortized to interest expense over the terms of the related debt agreements using the effective interest method. Deferred financing costs incurred in connection with the issuance of revolving credit facilities are included in other assets, either current or non-current,
Land Use Rights	(o) Land Use Rights Land use rights represent the upfront land premiums paid for the use of land held under operating leases, which are stated at cost, net of accumulated amortization, and accumulated impairment, if any. Amortization is provided over the estimated term of the land use rights of years on a . During the year ended December 31, 2023, land use right for Altira Macau was fully impaired, being part of the impairment of long-lived assets as described in Note 2(m). No impairment on land use rights was recognized during the years ended December 31, 2022 and 2021.
Leases	(p) Leases At the inception of the contract or upon modification, the Company will perform an assessment as to whether the contract is a lease or contains a lease. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. A lessee has control of an identified asset if it has both the right to direct the use of the asset and the right to receive substantially all of the economic benefits from the use of the asset. Finance and operating lease right-of-use right-of-use The Company’s lease contracts have lease and non-lease non-lease non-lease During the year ended December 31, 2023, operating lease right-of-use assets for Altira Macau was fully impaired, being part of the impairment of long-lived assets as described in Note 2(m). No impairment on operating lease right-of-use assets was recognized during the years ended December 31, 2022 and 2021.
Revenue Recognition	(q) Revenue Recognition The Company’s revenues from contracts with customers consist of casino wagers, sales of rooms, food and beverage, entertainment, retail and other goods and services. Gross casino revenues are measured by the aggregate net difference between gaming wins and losses. The Company accounts for its casino wagering transactions on a portfolio basis versus an individual basis as all wagers have similar characteristics. Commissions rebated to customers and gaming promoters, cash discounts and other cash incentives earned by customers are recorded as reductions of casino revenues. In addition to the wagers, casino transactions typically include performance obligations related to complimentary goods or services provided to incentivize future gaming or in exchange for incentives or points earned under the Company’s non-discretionary For casino transactions that include complimentary goods or services provided by the Company to incentivize future gaming, the Company allocates the standalone selling price of each good or service to the appropriate revenue type based on the good or service provided. Complimentary goods or services that are provided under the Company’s control and discretion and supplied by third parties are recorded as operating expenses. The Company operates different non-discretionary After allocating amounts to the complimentary goods or services provided and to the points earned under the Loyalty Programs, the residual amount is recorded as casino revenue when the wagers are settled. The Company follows the accounting standards for reporting revenue gross as a principal versus net as an agent, when accounting for the operations of two of its externally managed hotels and Grand Dragon Casino and concluded that it is the controlling entity and is the principal to these arrangements. For the operations of these two externally managed hotels, as the Company is the owner of the hotel properties, the hotel managers operate the respective hotels under management agreements providing management services to the Company, and the Company receives all rewards and takes substantial risks associated with the hotel businesses. The Company is the principal and the transactions are, therefore, recognized on a gross basis. For the operations of Grand Dragon Casino, given the Company operates the casino under a right to use agreement with the owner of the casino premises and has full responsibility for the casino operations in accordance with the Concession or its previous gaming subconcession, it is the principal and casino revenue is, therefore, recognized on a gross basis. The transaction prices for rooms, food and beverage, entertainment, retail and other goods and services are the net amounts collected from customers for such goods and services that are recorded as revenues when the goods are provided, services are performed or events are held. Service taxes and other applicable taxes collected by the Company are excluded from revenues. Advance deposits on rooms and advance ticket sales are recorded as customer deposits until services are provided to the customers. Revenues from contracts with multiple goods or services provided by the Company are allocated to each good or service based on its relative standalone selling price. Minimum operating and right to use fees representing lease revenues, adjusted for contractual base fees and operating fee escalations, are included in other revenues and are recognized over the terms of the related agreements on a straight-line basis. Contract and Contract-Related Liabilities In providing goods and services to customers, there may be a timing difference between cash receipts from customers and recognition of revenues, resulting in a contract or contract-related liability. The Company primarily has three types of liabilities related to contracts with customers: (1) outstanding gaming chips, which represent the amounts owed in exchange for gaming chips held by customers and gaming promoters, (2) loyalty program liabilities, which represent the deferred allocation of revenues relating to incentives earned from the Loyalty Programs, and (3) advance deposits and ticket sales, which represent casino front money deposits that are funds deposited by customers and gaming promoters before gaming play occurs and advance payments on goods and services yet to be provided such as advance ticket sales and deposits on rooms and convention space. These liabilities are generally expected to be recognized as revenues within one year of being purchased, earned or deposited and are recorded as accrued expenses and other current liabilities in the accompanying consolidated balance sheets. Decreases in these balances generally represent the recognition of revenues and increases in the balances represent additional chips held by customers and gaming promoters, increases in unredeemed incentives relating to the Loyalty Programs and additional deposits made by customers and gaming promoters. The following table summarizes the activities related to contract and contract-related liabilities: Outstanding gaming Loyalty program liabilities Advance deposits and 2023 2022 2023 2022 2023 2022 Balance at January 1 $ 37,354 $ 72,147 $ 15,568 $ 24,350 $ 278,591 $ 309,718 Balance at December 31 83,012 37,354 36,000 15,568 250,955 278,591 Increase (Decrease) $ 45,658 $ (34,793 ) $ 20,432 $ (8,782 ) $ (27,636 ) $ (31,127 )
Gaming Taxes and License Fees	(r) Gaming Taxes and License Fees The Company is subject to taxes and license fees based on gross gaming revenue and other metrics in the jurisdictions in which it operates, subject to applicable jurisdictional adjustments. These gaming taxes and license fees (including the Cyprus License Fee (as defined in Note 7) prior to the fulfillment of the Cyprus License Requirement (as defined in Note 7)), totaled $1,489,755, $489,730 and $842,722 for the years ended December 31, 2023, 2022 and 2021, respectively, are mainly recognized as casino expense in the accompanying consolidated statements of operations.
Pre-opening Costs	(s) Pre-opening Pre-opening start-up pre-opening rra pre-opening one-off
Development Costs	(t) Development Costs Development costs include the costs associated with the Company’s evaluation and pursuit of new business opportunities, which are expensed as incurred.
Advertising and Promotional Costs	(u) Advertising and Promotional Costs The Company expenses advertising and promotional costs the first time the advertising takes place or as incurred. Advertising and promotional costs included in the accompanying consolidated statements of operations were for the years ended December 31, 2023, 2022 and 2021, respectively.
Interest Income	(v) Interest Income Interest income is recorded on an accrual basis at the stated interest rate and is recorded in interest income in the accompanying consolidated statements of operations.
Foreign Currency Transactions and Translations	(w) Foreign Currency Transactions and Translations All transactions in currencies other than functional currencies of Melco and its subsidiaries during the year are remeasured at the exchange rates prevailing on the respective transaction dates. Monetary assets and liabilities existing at the balance sheet date denominated in currencies other than functional currencies are remeasured at the exchange rates existing on that date. Exchange differences are recorded in the accompanying consolidated statements of operations. The functional currency of Melco is the U.S. dollar (“$” or “US$”) and the functional currency of most of Melco’s foreign subsidiaries is the local currency in which the subsidiary operates. All assets and liabilities are translated at the rates of exchange prevailing at the balance sheet date and all income and expense items are translated at the average rates of exchange over the year. All exchange differences arising from the translation of foreign subsidiaries’ financial statements are recorded as a component of other comprehensive income (loss).
Comprehensive Loss and Accumulated Other Comprehensive Losses	(x) Comprehensive Loss and Accumulated Other Comprehensive Losses Comprehensive loss includes net loss and other non-shareholder As of December 31, 2023 and 2022, the Company’s accumulated other comprehensive losses consisted solely of foreign currency translation adjustments, net of tax and noncontrolling interests.
Share-based Compensation Expenses	(y) Share-based Compensation Expenses The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award and recognizes that cost over the service period. Compensation is attributed to the periods of associated service and such expense is recognized over the vesting period of the awards on a straight-line basis. Forfeitures are recognized when they occur. Further information on the Company’s share-based compensation arrangements is included in Note 16.
Income Tax	(z) Income Tax The Company is subject to income taxes in Macau, Hong Kong, the Deferred income taxes are recognized for all significant temporary differences between the tax basis of assets and liabilities and their reported amounts in the accompanying consolidated financial statements. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing authorities. The Company’s income tax returns are subject to examination by tax authorit ies two-step
Net Loss Attributable to Melco Resorts & Entertainment Limited Per Share	(aa) Net Loss Attributable to Melco Resorts & Entertainment Limited Per Share Basic net loss attributable to Melco Resorts & Entertainment Limited per share is calculated by dividing the net loss attributable to Melco Resorts & Entertainment Limited by the weighted average number of ordinary shares outstanding during the year. Diluted net loss attributable to Melco Resorts & Entertainment Limited per share is calculated by dividing the net loss attributable to Melco Resorts & Entertainment Limited by the weighted average number of ordinary shares outstanding during the year adjusted to include the potentially dilutive effect of outstanding share-based awards. The weighted average number of ordinary and ordinary equivalent shares used in the calculation of basic and diluted net loss attributable to Melco Resorts & Entertainment Limited per share consisted of the following: Year Ended December 31,   2023   2022 2021 Weighted average number of ordinary shares outstanding used in the calculation of basic net loss attributable to Melco Resorts & Entertainment Limited per share 1,314,605,173 1,391,154,836 1,434,087,641 Incremental weighted average number of ordinary shares from assumed vesting of restricted shares and exercise of share options using the treasury stock method —  —  —  Weighted average number of ordinary shares outstanding used in the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share 1,314,605,173 1,391,154,836 1,434,087,641 Anti-dilutive share options and restricted shares excluded from the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share 26,921,336 44,366,752 46,532,956
Recent Changes in Accounting Standards	(ab) Recent Changes in Accounting Standards Recent Accounting Pronouncement Not Yet Adopted The Company has evaluated the recently issued, but not yet effective, accounting pronouncements that have been issued or proposed by the Financial Accounting Standards Board or other standards-setting bodies through the filing date of these financial statements, and anticipated the future adoption of these pronouncements will not have a material effect on the Company’s financial position, results of operations and cash flows.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Property and Equipment	Property and equipment are depreciated and amortized over the following estimated useful lives on a straight-line basis: Freehold land Not depreciated Buildings 4 to 40 years Transportation 5 to 10 years Leasehold improvements 3 to 10 years or over the lease term, whichever is shorter Furniture, fixtures and equipment 2 to 15 years Plant and gaming machinery 3 to 5 years
Summary of Primary Liabilities Associated With Customer Contracts	The following table summarizes the activities related to contract and contract-related liabilities: Outstanding gaming Loyalty program liabilities Advance deposits and 2023 2022 2023 2022 2023 2022 Balance at January 1 $ 37,354 $ 72,147 $ 15,568 $ 24,350 $ 278,591 $ 309,718 Balance at December 31 83,012 37,354 36,000 15,568 250,955 278,591 Increase (Decrease) $ 45,658 $ (34,793 ) $ 20,432 $ (8,782 ) $ (27,636 ) $ (31,127 )
Weighted Average Number of Ordinary and Ordinary Equivalent Shares Used in Calculation of Basic and Diluted Net Loss	The weighted average number of ordinary and ordinary equivalent shares used in the calculation of basic and diluted net loss attributable to Melco Resorts & Entertainment Limited per share consisted of the following: Year Ended December 31,   2023   2022 2021 Weighted average number of ordinary shares outstanding used in the calculation of basic net loss attributable to Melco Resorts & Entertainment Limited per share 1,314,605,173 1,391,154,836 1,434,087,641 Incremental weighted average number of ordinary shares from assumed vesting of restricted shares and exercise of share options using the treasury stock method —  —  —  Weighted average number of ordinary shares outstanding used in the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share 1,314,605,173 1,391,154,836 1,434,087,641 Anti-dilutive share options and restricted shares excluded from the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share 26,921,336 44,366,752 46,532,956

CASH, CASH EQUIVALENTS AND RE_2

CASH, CASH EQUIVALENTS AND RESTRICTED CASH (Tables)	12 Months Ended
	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Schedule of Cash Cash Equivalents And Restricted Cash	Cash, cash equivalents and restricted cash reported within the accompanying consolidated statements of cash flows consisted of the following: December 31, 2023 2022 Cash $ 934,224 $ 1,179,491 Cash equivalents 376,491 633,238 Total cash and cash equivalents 1,310,715 1,812,729 Current portion of restricted cash (1) 27 50,992 Non-current (2) 125,094 124,736 Total cash, cash equivalents and restricted cash $ 1,435,836 $ 1,988,457 (1) As of December 31, 2023 and 2022, the current portion of restricted cash included bank time deposits of nil and $50,971, respectively. On September 20, 2022, Melco Resorts Macau provided a bank guarantee in an amount of Macau Patacas (“MOP”) gaming (2) As of December 31, 2023 and 2022, the non-current On December 9, 2022, as required by the Concession, Melco Resorts Macau provided a bank guarantee in favor of the Macau government of MOP1,000,000 (equivalent to $124,319) to secure the fulfillment of performance of certain of its legal and contractual obligations, including labor obligations. As stipulated in the bank guarantee contract, the amount of or , respectively, non-current .

ACCOUNTS RECEIVABLE, NET (Table

ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Components of Accounts Receivable, Net	Components of accounts receivable, net are as follows: December 31, 2023 2022 Casino $ 242,312 $ 271,653 Hotel 4,658 1,365 Other 908 218 Sub-total 247,878 273,236 Less: allowances for credit losses (1) (156,240 ) (217,244 ) 91,638 55,992 Non-current —  —  Current portion $ 91,638 $ 55,992 (1) As of as a reduction of the long-term casino accounts receivable, are recorded and included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheets, respectively.
Movement in Allowances for Credit Losses	Movement in the allowances for credit losses are as follows: Year Ended December 31, 2023 2022 2021 Balance at beginning of year $ 217,244 $ 268,413 $ 333,792 (Reversal of) provision for credit losses (3,869 ) (892 ) 6,426 Write-offs, net of recoveries (56,805 ) (49,608 ) (69,712 ) Effect of exchange rate (330 ) (669 ) (2,093 ) Balance at end of year $ 156,240 $ 217,244 $ 268,413

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Components of Property and Equipment, Net	December 31, 2023 2022 Buildings $ 7,621,676 $ 6,186,373 Furniture, fixtures and equipment 1,187,064 1,112,670 Leasehold improvements 1,094,238 1,080,737 Plant and gaming machinery 259,815 246,255 Transportation 192,151 190,843 Construction in progress 1,491 1,464,866 Freehold land 58,467 56,533 Sub-total 10,414,902 10,338,277 Less: accumulated depreciation and amortization (4,880,908 ) (4,467,372 ) Property and equipment, net $ 5,533,994 $ 5,870,905
Reversion Asset Usage Rights	The Reversion Assets that reverted to the Macau government on December 31, 2022, and included in the above table, consisted of the following: Buildings $ 349,129 Furniture, fixtures and equipment 39,008 Plant and gaming machinery 109,901 498,038 Less: accumulated depreciation (276,581 ) $ 221,457

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Summary of Changes in the Carrying Amounts of Goodwill	(a) Goodwill The changes in the carrying amounts of goodwill by segment are as follows: Mocha (1) Balance at January 1, 2021 $    82,203 Foreign currency translations (482 ) Balance at December 31, 2021 81,721 Foreign currency translations (115 ) Balance at December 31, 2022 81,606 Foreign currency translations (24 ) Balance at December 31, 2023 $ 81,582 (1) The amount represents goodwill which arose from the acquisition of Mocha Slot Group Limited and its subsidiaries by the Company in 2006
Summary of Intangible Assets, Net	(b) Intangible Assets, Net Intangible assets, net consisted of the following: December 31, 2023 2022 Indefinite-lived intangible assets:             Trademarks of Mocha Clubs $ 4,203 $ 4,204 Total indefinite-lived intangible assets 4,203 4,204 Finite-lived intangible assets: Concession 209,934 —  Less: accumulated amortization (24,037 ) —  185,897 —  Cyprus License 75,307 —  Less: accumulated amortization (1,595 ) —  73,712 —  Gaming subconcession —  902,441 Less: accumulated amortization —  (902,441 ) —  —  Internal-use 72,556 59,434 Less: accumulated amortization (39,876 ) (29,383 ) 32,680 30,051 Proprietary rights 11,922 11,926 Less: accumulated amortization (3,762 ) (2,571 ) 8,160 9,355 Total finite-lived intangible assets 300,449 39,406 Total intangible assets, net $ 304,652 $ 43,610
Summary of Estimated Future Amortization Expenses of Finite-Lived Intangible Assets	As of December 31, 2023, the estimated future amortization expenses of finite-lived intangible assets are as follows: Year ending December 31, 2024 $ 32,662 2025 31,609 2026 28,896 2027 27,197 2028 27,197 Over 2028 152,888 $ 300,449

LONG-TERM PREPAYMENTS, DEPOSI_2

LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Long-Term Prepayments, Deposits and Other Assets	December 31, 2023 2022 Input value-added tax, net $ 19,232 $ 1,019 Other long-term assets 17,983 19,298 Deferred rent assets 17,905 25,904 Deferred financing costs, net 16,183 27,218 Other deposits 11,178 9,971 Long-term prepayments 10,130 31,191 Deposits for acquisition of property and equipment 7,444 19,494 Advance payments for construction costs 265 25,602 Long-term casino accounts receivable (1) —  —  Long-term prepayments, deposits and other assets $   100,320 $   159,697 (1) Long-term casino accounts receivable, net represent receivables from casino customers where settlements are not expected within the next year. Reclassifications to current accounts receivable, net, are made when settlement of such balances are expected to occur within one year.

LAND USE RIGHTS, NET (Tables)

LAND USE RIGHTS, NET (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Schedule of Land Use Rights, Net	December 31, 2023 2022 Altira Macau $ 80,707 $   145,922 City of Dreams 397,953 398,068 Studio City 650,906 651,094 1,129,566 1,195,084 Less: accumulated amortization (546,784 ) (524,212 ) Land use rights, net $   582,782 $ 670,872

ACCRUED EXPENSES AND OTHER CU_2

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2023
Payables and Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	December 31, 2023 2022 Advance deposits and ticket sales $  250,955 $  278,591 Operating expense and other accruals and liabilities 160,169 97,933 Gaming tax and license fee accruals 159,285 48,688 Interest expense payable 114,587 123,032 Staff cost accruals 101,340 96,219 Outstanding gaming chips 83,012 37,354 Property and equipment payables 37,502 35,747 Construction cost payables 36,018 76,173 Loyalty program liabilities 36,000 15,568 Concession and license liabilities (1) 29,448 —  Accrued expenses and other current liabilities $ 1,008,316 $ 809,305 (1) As of December 31, 2023, the non-current portion of the C is

LONG-TERM DEBT, NET (Tables)

LONG-TERM DEBT, NET (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Summary of Long-Term Debt, Net	December 31,   2023   2022 Senior Notes 2017 4.875% Senior Notes, due 2025 (net of unamortized deferred financing costs and original issue premiums of $5,746 and $9,552, respectively) $ 994,254 $ 990,448 2019 5.250% Senior Notes, due 2026 (net of unamortized deferred financing costs of $2,141 and $2,981, respectively) 497,859 497,019 2019 5.625% Senior Notes, due 2027 (net of unamortized deferred financing costs of $3,358 and $4,178, respectively) 596,642 595,822 2019 5.375% Senior Notes, due 2029 (net of unamortized deferred financing costs and original issue premiums of $1,634 and $1,845, respectively) 1,148,366 1,148,155 2020 5.750% Senior Notes, due 2028 (net of unamortized deferred financing costs and original issue premiums of $2,317 and $2,743, respectively) 847,683 847,257 2020 6.000% SC Notes, due 2025 (net of unamortized deferred financing costs of $1,320 and $2,692, respectively) 395,680 497,308 2020 6.500% SC Notes, due 2028 (net of unamortized deferred financing costs of $2,970 and $3,598, respectively) 497,030 496,402 2021 5.000% Studio City Notes, due 2029 (net of unamortized deferred financing costs and original issue premiums of $3,626 and $4,228, respectively) 1,096,374 1,095,772 2022 7.000% Studio City Secured Notes, due 2027 (net of unamortized deferred financing costs of $4,039 and $5,134, respectively) 345,961 344,866 Credit Facilities 2015 Credit Facilities 128 128 2020 Credit Facilities (1) 1,052,515 1,899,203 2016 Studio City Credit Facilities (2) 128 128 7,472,620 8,412,508 Current portion of long-term debt —  (322,500 ) Long-term debt, net $ 7,472,620 $ 8,090,008 (1) As of December 31, 2023 and 2022, the unamortized deferred financing costs related to the revolving credit facility of the 2020 Credit Facilities of $15,905 and $26,885 are included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheet s (2) As of December 31, 2023 and 2022, the unamortized deferred financing costs related to the 2016 SC Revolving Credit Facility of the 2016 Studio City Credit Facilities of $278 and $333 are included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheets, respectively.
Scheduled Maturities of Long-Term Debt (Excluding Unamortized Deferred Financing Costs and Original Issue Premium)	Scheduled maturities of the long-term debt (excluding unamortized deferred financing costs and original issue premiums) as of December 31, 2023 are as follows: Year ending December 31, 2024 $ 128 2025 2,449,515 2026 500,000 2027 950,000 2028 1,350,128 Over 2028 2,250,000 $ 7,499,771

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of components of lease cost	The components of lease costs are as follows: Year Ended December 31,  2023   2022   2021  Operating lease costs: Amortization of land use rights $ 22,670 $ 22,662 $ 22,832 Operating lease costs 18,434 14,614 29,401 Short-term lease costs 342 720 473 Variable lease costs 2,684 1,902 (629 ) Finance lease costs: Amortization of right-of-use 5,336 12,928 15,682 Interest costs 24,562 25,371 31,642 Total lease costs $ 74,028 $  78,197 $ 99,401
Disclosure of other information related to lease term and discount rate	O ther information related to lease terms and discount rates is as follows: December 31,  2023   2022  Weighted average remaining lease term Operating leases 18.0 years 21.5 years Finance leases 9.5 years 10.5 years Weighted average discount rate Operating leases 6.66% 5.77% Finance leases 10.70% 10.70%
Schedule of maturities of lease liabilities	Maturities of lease liabilities as of December 31, 2023 are as follows: Operating Leases Finance Leases Year ending December 31, 2024 $ 20,502 $ 37,387 2025 13,130 37,387 2026 11,058 37,387 2027 5,675 37,387 2028 5,365 37,387 Over 2028 65,681 169,345 Total future minimum lease payments 121,411 356,280 Less: amounts representing interest (47,868 ) (133,499 ) Present value of future minimum lease payments 73,543 222,781 Current portion (19,685 ) (35,307 ) Non-current $ 53,858 $ 187,474
Summary of future minimum fees, excluding the contingent fees to be received under non-cancellable operating leases	Future minimum fees, excluding the contingent fees to be received under non-cancellable Year ending December 31, 2024 $ 56,427 2025 56,409 2026 29,975 2027 7,257 2028 3,378 Over 2028 3,640 $ 157,086

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Summary of Loss before Income Tax	Loss before income tax co ns Year Ended December 31, 2023 2022 2021 Macau operations $ 11,021 $  (720,470 ) $  (456,089 ) Hong Kong operations (474,862 ) (400,725 ) (434,618 ) Philippine operations 86,910 28,204 (51,436 ) Cyprus operations (29,171 ) 3,152 (13,454 ) Other jurisdictions operations 4,194 (2,092 ) 2,018 Loss before income tax $ (401,908 ) $ (1,091,931 ) $ (953,579 )
Summary of Income Tax Expense	The income tax expense consisted of: Year Ended December 31, 2023 2022 2021 Income tax expense - current: Macau Complementary Tax $ —  $ 9 $ 172 Lump sum in lieu of Macau Complementary Tax on dividends 5,650 2,342 2,359 Hong Kong Profits Tax 11,613 528 48 Philippine Corporate Income Tax 4 5 1 Philippine withholding tax on dividends 2,566 —  2,937 Cyprus Corporate Income Tax —  —  188 Income tax in other jurisdictions 66 219 323 Sub-total 19,899 3,103 6,028 (Over) under provision of income taxes in prior years: Macau Complementary Tax (511 ) (560 ) (874 ) Lump sum in lieu of Macau Complementary Tax on dividends (1,327 ) —  —  Hong Kong Profits Tax (450 ) (4 ) 18 Philippine Corporate Income Tax (157 ) 300 (62 ) Income tax in other jurisdictions 50   98      14 Sub-total (2,395 ) (166 ) (904 ) Income tax (benefit) expense - deferred: Macau Complementary Tax (7,931 ) (768 ) (4,535 ) Hong Kong Profits Tax (154 ) 3,276 2,493 Philippine Corporate Income Tax 3,366 (258 ) 209 Cyprus Corporate Income Tax 589 (578 ) —  Income tax in other jurisdictions 48 627 (406 ) Sub-total (4,082 ) 2,299 (2,239 ) Total income tax expense $ 13,422 $ 5,236 $ 2,885
Schedule of Reconciliation of Income Tax Expense from Loss Before Income Tax	A reconciliation of the income tax expense from loss before income tax per the accompanying consolidated statements of operations is as follows: Year Ended December 31, 2023 2022 2021 Loss before income tax $ (401,908 ) $  (1,091,931 ) $ (953,579 ) Macau Complementary Tax rate 12 % 12 % 12 % Income tax benefit at Macau Complementary Tax rate (48,229 ) (131,032 ) (114,429 ) Lump sum in lieu of Macau Complementary Tax on dividends 5,650 2,342 2,359 Effect of different tax rates of subsidiaries operating in other jurisdictions (13,422 ) (12,271 ) (31,653 ) Over provision in prior years (2,395 ) (166 ) (904 ) Effect of income for which no income tax expense is payable (14,178 ) (11,727 ) (6,308 ) Effect of expenses for which no income tax benefit is receivable 80,455 70,687 101,111 Effect of profits generated by gaming operations exempted (75,403 ) (25,700 ) (10,851 ) Effect of tax losses that cannot be carried forward —  15,553 6,742 Changes in valuation allowances 27,004 48,122 (13,360 ) Change in income tax rate —  —  16,521 Expired tax losses 53,940 49,428 53,657 Income tax expense $ 13,422 $ 5,236 $ 2,885
Schedule of Net Deferred Tax Liabilities	The net deferred tax liabilities as of December 31, 2023 and 2022 consisted of the following: December 31, 2023 2022 Deferred tax assets: Net operating losses carried forward $ 205,189 $ 206,079 Depreciation and amortization 157,667 76,272 Lease liabilities 29,277 30,492 Others 16,936 13,052 Sub-total 409,069 325,895 Valuation allowances (374,623 ) (299,620 ) Total deferred tax assets 34,446 26,275 Deferred tax liabilities: Right-of-use (9,471 ) (10,413 ) Land use rights (36,513 ) (44,434 ) Intangible assets (9,718 ) (505 ) Unrealized capital allowances (4,405 ) (4,279 ) Others (9,298 ) (5,683 ) Total deferred tax liabilities (69,405 ) (65,314 ) Deferred tax liabilities, net $ (34,959 ) $ (39,039 )
Schedule of Unrecognized tax benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits is presented as follows: Year Ended December 31, 2023 2022 2021 At beginning of year $ 22,940 $ 16,342 $ 15,132 Additions based on tax positions related to current year 756 6,810 2,028 Additions based on tax positions related to prior year 4,984 —  —  Reductions due to expiry of the statute of limitations (1,348 ) (212 ) (818 ) At end of year $ 27,332 $ 22,940 $ 16,342

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2023
Impact of Share Options and Restricted Shares	The share-based compensation expenses for the Company were recognized as follows: Year Ended December 31, 2023 2022 2021 Share-based compensation expenses: 2011 Share Incentive Plan $ 10,343 $ 38,823 $ 53,466 2021 Share Incentive Plan 26,092 32,803 10,929 MRP Share Incentive Plan —  —  108 Melco International Share Incentive Plan —  2,865 6,641 Total share-based compensation expenses 36,435 74,491 71,144 Less: Share-based compensation expenses capitalized in property and equipment (962 ) (2,682 ) (3,187 ) Share-based compensation expenses recognized in general and administrative expenses $ 35,473 $ 71,809 $ 67,957
2006 Share Incentive Plan [Member]
Summary of Share Options Activity	The following information is provided for share options under the 2006 Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Proceeds from the exercise of share options $    —  $   —  $  2,756 Intrinsic value of share options exercised $ —  $ —  $ 7,370
2011 Share Incentive Plan [Member]
Summary of Share Options Activity	A summary of the share options activity under the 2011 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Weighted Aggregate Outstanding as of January 1, 2023 2,845,719 $ 5.89 Exercised (14,094 ) 4.13 Forfeited or expired (141,978 ) 5.42 Outstanding as of December 31, 2023 2,689,647 $ 5.93 5.16 $ —  Fully vested and expected to vest as of December 31, 2023 2,689,647 $ 5.93 5.16 $ —  Exercisable as of December 31, 2023 2,570,973 $ 5.88 5.06 $ —  The following information is provided for share options under the 2011 Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Weighted average grant date fair value $ —  $ —  $ 2.28 Proceeds from the exercise of share options $     58 $    —  $    4,345 Intrinsic value of share options exercised $ 7 $ —  $ 1,655
Summary of Assumptions Used to Estimate Fair Values of Stock Options	The fair values of share options granted under the 2011 Share Incentive Plan were estimated on the dates of grant using the following weighted average assumptions: Year Ended December 31, 2021 Expected dividend yield 2.50 % Expected stock price volatility     45.46 % Risk-free interest rate 1.00 % Expected term (years) 5.6
Summary of Restricted Shares Activity	A summary of the restricted shares activity under the 2011 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Unvested as of January 1, 2023 7,705,320 $    5.42 Vested (5,760,885 ) 4.97 Forfeited (117,597 ) 5.93 Unvested as of December 31, 2023 1,826,838 $ 6.81 The following information is provided for restricted shares under the 2011 Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Weighted average grant date fair value $    —  $ —  $ 6.07 Grant date fair value of restricted shares vested $ 28,638 $   54,424 $   43,533
2021 Share Incentive Plan [Member]
Summary of Share Options Activity	A summary of the share options activity under the 2021 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Weighted Aggregate Outstanding as of January 1, 2023 5,360,526 $  2.47 Granted 158,949 4.13 Exercised (68,148 ) 2.47 Outstanding as of December 31, 2023 5,451,327 $ 2.52 8.29 $ 2,593 Fully vested and expected to vest as of December 31, 2023 5,451,327 $ 2.52 8.29 $ 2,593 Exercisable as of December 31, 2023 2,133,066 $ 2.47 8.26 $ 1,045 The following information is provided for share options under the 2021 Share Incentive Plan: Year Ended December 31,  2023   2022  Weighted average grant date fair value (excluding the options granted under the Option Exchange Program) $ 1.82 $ 0.94 Proceeds from the exercise of share options $ 168 $ —  Intrinsic value of share options exercised $    120 $    —
Summary of Assumptions Used to Estimate Fair Values of Stock Options	The fair values of share options granted under the 2021 Share Incentive Plan were estimated on the dates of grant using the following weighted average assumptions: Year Ended December 31, 2023 2022 Expected dividend yield 2.50 % 2.50 % Expected stock price volatility   58.67 %    51.00 % Risk-free interest rate 3.39 % 2.69 % Expected term (years) 5.1 5.1
Summary of Restricted Shares Activity	A summary of the restricted shares activity under the 2021 Share Incentive Plan for the year ended December 31, 2023, is presented as follows: Number of Weighted Unvested as of January 1, 2023 19,183,428 $ 2.33 Granted 11,086,512 4.12 Vested (12,819,975 ) 2.87 Forfeited (362,919 ) 2.64 Unvested as of December 31, 2023 17,087,046 $    3.08 The following information is provided for restricted shares under the 2021 Share Incentive Plan: Year Ended December 31,  2023   2022  Weighted average grant date fair value (excluding the options granted under the Option Exchange Program) $    4.12 $ 2.35 Grant date fair value of restricted shares vested $ 36,732 $ 12,967
2021 Share Incentive Plan [Member] | Replacement Share Options [Member]
Summary of Assumptions Used to Estimate Fair Values of Stock Options	The fair values of the Replacement Share Options granted under the 2021 Share Incentive Plan were estimated on the Modification Date using the following weighted average assumptions: Expected dividend yield 2.50 % Expected stock price volatility 52.50 % Risk-free interest rate 2.75 % Expected term (years) 4.6
Melco International Share Incentive Plan [Member]
Summary of Restricted Shares Activity	The following information is provided for restricted shares under the MRP Share Incentive Plan: Year Ended December 31, 2023 2022 2021 Grant date fair value of restricted shares vested $    —  $     —  $     351

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Schedule of Significant Related Party Transactions	During the years ended December 31, 2023, 2022 and 2021, the Company entered into the following significant related party transactions: Year Ended December 31, Related companies Nature of transactions 2023 2022 2021 Transactions with affiliated companies Melco International and its subsidiaries Revenues and income (services provided by the Company): Shared service fee income for corporate office $  2,198 $  2,188 $  1,345 Loan interest income 1,238 16,133 —  Costs and expenses (services provided to the Company): Management fee expenses (1) 2,182 1,394 1,749 Share-based compensation expenses (2) —  2,865 6,641 (1) The amount mainly represents management fee expenses for the services provided by the senior management of Melco International and for the operation of the office of Melco’s Chief Executive Officer. (2) The amount represents the share-based compensation expenses related to the grant of certain share-based awards under the Melco International Share Incentive Plan to an employee of the Company. Further information on the share-based compensation arrangements is included in Note 16.
Summary of Receivables from Affiliated Companies	(a) Receivables from Affiliated Companies The outstanding balances mainly arising from operating income or prepayment of operating expenses on behalf of the affiliated companies as of December 31, 2023 and 2022 are unsecured, non-interest December 31, 2023 2022 Melco International subsidiaries $ 728 $ 563 Oth er 69 67 $ 797 $ 630
Summary of Payables to Affiliated Companies	(b) Payables to Affiliated Companies The outstanding balances mainly arising from operating expenses and expenses paid by affiliated companies on behalf of the Company as of December 31, 2023 and 2022, are unsecured, non-interest December 31, 2023 2022 Melco subsidiaries $ 377 $ 761

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Total Assets	The Company’s segment information for total assets and capital expenditures is as follows: Total Assets December 31, 2023 2022 2021 Macau: Mocha and Other $ 135,256 $ 122,499 $ 121,214 Altira Macau 77,631 239,575 266,161 City of Dreams 2,720,571 2,641,875 2,942,233 Studio City 3,705,391 3,924,262 3,668,526 Sub-total 6,638,849 6,928,211 6,998,134 The Philippines: City of Dreams Manila 418,594 381,579 576,794 Cyprus: City of Dreams Mediterranean and Other 742,450 565,663 451,771 Corporate and Other 535,179 1,426,331 856,991 Total consolidated assets $ 8,335,072 $ 9,301,784 $ 8,883,690
Capital Expenditures	Capital Expenditures Year Ended December 31, 2023 2022 2021 Macau: Mocha and Other $ 4,590 $ 1,704 $ 1,368 Altira Macau 3,892 3,303 6,123 City of Dreams 22,259 21,684 52,520 Studio City 73,452 429,362 505,783 Sub-total 104,193 456,053 565,794 The Philippines: City of Dreams Manila 24,970 4,986 22,912 Cyprus: City of Dreams Mediterranean and Other 108,214 131,419 186,361 Corporate and Other 15,113 5,956 7,083 Total capital expenditures $ 252,490 $ 598,414 $ 782,150
Results of Operations of Segments	The Company’s segment information and reconciliation to net loss attributable to Melco Resorts & Entertainment Limited is as follows: Year Ended December 31, 2023 2022 2021 Operating revenues Macau: Mocha and Other $ 117,700 $ 76,403 $ 84,954 Altira Macau 110,825 32,615 56,205 City of Dreams 1,930,483 559,684 1,146,919 Studio City 958,354 175,983 372,277 Sub-total 3,117,362 844,685 1,660,355 The Philippines: City of Dreams Manila 495,097 396,392 268,597 Cyprus: City of Dreams Mediterranean and Other 159,359 91,255 52,631 Corporate and Other 3,429 17,645 30,773 Total operating revenues $ 3,775,247 $ 1,349,977 $ 2,012,356 Adjusted property EBITDA (1) Macau: Mocha and Other $ 27,286 $ 10,291 $ 17,054 Altira Macau (1,277 ) (43,020 ) (53,974 ) City of Dreams 576,313 (32,160 ) 201,954 Studio City 206,790 (105,164 ) (20,490 ) Sub-total 809,112 (170,053 ) 144,544 The Philippines: City of Dreams Manila 205,452 146,926 88,962 Cyprus: City of Dreams Mediterranean and Other 27,500 23,696 1,593 Total adjusted property EBITDA 1,042,064 569 235,099 Operating costs and expenses: Payments to the Philippine Parties (42,451 ) (28,894 ) (26,371 ) Pre-opening (43,994 ) (15,585 ) (4,157 ) Development costs (1,202 ) —  (30,677 ) Amortization of gaming subconcession —  (32,785 ) (57,276 ) Amortization of land use rights (22,670 ) (22,662 ) (22,832 ) Depreciation and amortization (520,726 ) (466,492 ) (499,739 ) Land rent to Belle (1,911 ) (2,318 ) (2,848 ) Share-based compensation (35,473 ) (71,809 ) (67,957 ) Property charges and other (228,437 ) (39,982 ) (30,575 ) Corporate and Other expenses (80,241 ) (63,147 ) (70,118 ) Total operating costs and expenses (977,105 ) (743,674 ) (812,550 ) Operating income (loss) $ 64,959 $ (743,105 ) $ (577,451 ) Year Ended December 31, 2023 2022 2021 Non-operating Interest income $  23,305 $  26,458 $ 6,618 Interest expense, net of amounts capitalized (492,391 ) (376,722 )  (350,544 ) Other financing costs (4,372 ) (6,396 ) (11,033 ) Foreign exchange gains, net 2,232 3,904 4,566 Other income, net 2,748 3,930 3,082 Gain (loss) on extinguishment of debt 1,611 —  (28,817 ) Total non-operating (466,867 ) (348,826 ) (376,128 ) Loss before income tax (401,908 ) (1,091,931 ) (953,579 ) Income tax expense (13,422 ) (5,236 ) (2,885 ) Net loss (415,330 ) (1,097,167 ) (956,464 ) Net loss attributable to noncontrolling interests 88,410 166,641 144,713 Net loss attributable to Melco Resorts & Entertainment Limited $ (326,920 ) $ (930,526 ) $ (811,751 ) (1) “Adjusted property EBITDA” is net loss before interest, taxes, depreciation, amortization, pre-opening non-operating
Long-Lived Assets	The Company’s geographic information for long-lived assets is as follows: Long-lived Assets December 31, 2023 2022 2021 Macau $  5,752,786 $  6,068,502 $  6,080,616 The Philippines 118,495 141,765 341,307 Cyprus 663,633 485,570 378,738 Hong Kong and other foreign countries 30,452 29,871 32,972 Total long-lived assets $ 6,565,366   $ 6,725,708   $ 6,833,633

CHANGES IN SHAREHOLDINGS OF S_2

CHANGES IN SHAREHOLDINGS OF SUBSIDIARIES (Tables)	12 Months Ended
	Dec. 31, 2023
Text Block [Abstract]
Effects of Changes in Company's Ownership Interest	The schedule below discloses the effects of changes in Melco’s ownership interest in MRP and Studio City International on its equity: Year Ended December 31, 2023 2022 2021 Net loss attributable to Melco Resorts & Entertainment Limited $ (326,920 ) $ (930,526 ) $ (811,751 ) Transfers (to) from noncontrolling interests: The Philippine subsidiaries Decrease in additional paid-in (582 ) (2,952 ) (6,951 ) Studio City International Increase in additional paid-in —  879 —  Changes from net loss attributable to Melco Resorts & Entertainment Limited’s shareholders and transfers from noncontrolling interests $ (327,502 ) $ (932,599 ) $ (818,702 )

ORGANIZATION AND BUSINESS - Add

ORGANIZATION AND BUSINESS - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Cash and cash equivalents	$ 1,310,715	$ 1,812,729
Borrowing capacity	$ 920,710

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Estimated Useful Lives of Property and Equipment (Detail)	12 Months Ended
	Dec. 31, 2023
Freehold land [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	Not depreciated
Buildings [Member] | Minimum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	4 years
Buildings [Member] | Maximum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	40 years
Transportation [Member] | Minimum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	5 years
Transportation [Member] | Maximum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	10 years
Leasehold improvements [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	3 to 10 years or over the lease term, whichever is shorter
Furniture, fixtures and equipment [Member] | Minimum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	2 years
Furniture, fixtures and equipment [Member] | Maximum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	15 years
Plant and gaming machinery [Member] | Minimum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	3 years
Plant and gaming machinery [Member] | Maximum [Member]
Property and Equipment [Line Items]
Estimated Useful Lives	5 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Significant Accounting Policies [Line Items]
Interest expenses incurred	$ 518,255	$ 440,654	$ 380,904
Interest expenses capitalized	25,864	63,932	30,360
Impairment loss recognized on goodwill and intangible assets	0	0	0
Gaming taxes and license fees	1,489,755	489,730	842,722
Advertising and promotional expenses	100,245	29,421	39,811
Impairment of long-lived assets	207,608	3,595	3,643
Other current assets	44,653	41,643
Prepaid expenses	67,035	77,767
Impairment loss recognized on assets held for sale	0	6,794	0
Impairment loss recognized on property and equipment	110,033	3,595	3,643
Altira Macau [Member]
Schedule Of Significant Accounting Policies [Line Items]
Impairment of long-lived assets	207,608
Impairment loss recognized on property and equipment	110,033
Impairment of Land Use Rights	65,172
Impairment of intangible assets, finite-lived	$ 30,435
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]	Property Charges And Other
Impairment loss on operating lease right of use assets	$ 1,968
JAPAN
Schedule Of Significant Accounting Policies [Line Items]
Impairment loss recognized on assets held for sale	$ 0	$ 6,794	0
Freehold land [Member]
Schedule Of Significant Accounting Policies [Line Items]
Impairment loss recognized on property and equipment			$ 1,147
Internal-use Software [Member] | Minimum [Member]
Schedule Of Significant Accounting Policies [Line Items]
Estimated useful life	3 years
Internal-use Software [Member] | Maximum [Member]
Schedule Of Significant Accounting Policies [Line Items]
Estimated useful life	15 years
Land Use Rights [Member]
Schedule Of Significant Accounting Policies [Line Items]
Estimated useful life	40 years
Amortization method	straight-line basis

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of contracts and contract-related liabilities with customers (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Outstanding Gaming Chips And Tokens [Member]
Disaggregation of Revenue [Line Items]
Contract with Customer Liability	$ 83,012	$ 37,354	$ 72,147
Increase/ (Decrease), Contract with Customer Liability	45,658	(34,793)
Loyalty Program Liabilities [Member]
Disaggregation of Revenue [Line Items]
Contract with Customer Liability	36,000	15,568	24,350
Increase/ (Decrease), Contract with Customer Liability	20,432	(8,782)
Advance Deposits And Ticket Sales [Member]
Disaggregation of Revenue [Line Items]
Contract with Customer Liability	250,955	278,591	$ 309,718
Increase/ (Decrease), Contract with Customer Liability	$ (27,636)	$ (31,127)

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Weighted Average Number of Ordinary and Ordinary Equivalent Shares Used in Calculation of Basic and Diluted Net Loss (Detail) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Weighted average number of ordinary shares outstanding used in the calculation of basic net loss attributable to Melco Resorts & Entertainment Limited per share	1,314,605,173	1,391,154,836	1,434,087,641
Incremental weighted average number of ordinary shares from assumed vesting of restricted shares and exercise of share options using the treasury stock method	0	0	0
Weighted average number of ordinary shares outstanding used in the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share	1,314,605,173	1,391,154,836	1,434,087,641
Anti-dilutive share options and restricted shares excluded from the calculation of diluted net loss attributable to Melco Resorts & Entertainment Limited per share	26,921,336	44,366,752	46,532,956

CASH, CASH EQUIVALENTS AND RE_3

CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Schedule of Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash and Cash Equivalents [Abstract]
Cash		$ 934,224	$ 1,179,491
Cash equivalents		376,491	633,238
Total cash and cash equivalents		1,310,715	1,812,729
Current portion of restricted cash	[1]	27	50,992
Non-current portion of restricted cash	[2]	125,094	124,736
Total cash, cash equivalents and restricted cash		$ 1,435,836	$ 1,988,457	$ 1,653,315	$ 1,755,770
[1]As of December 31, 2023 and 2022, the current portion of restricted cash included bank time deposits of nil and $50,971, respectively. On September 20, 2022, Melco Resorts Macau provided a bank guarantee in an amount of Macau Patacas (“MOP”) 820,000 (equivalent to $101,942) to the Macau government to guarantee the satisfaction of any labor liabilities upon expiry of the previous gaming subconcession. As stipulated in the bank guarantee contract, MOP410,000 (equivalent to $50,971) was required to be held in a cash deposit account as collateral to secure the bank guarantee. In January 2023, such bank guarantee and the cash deposited in the collateral bank account were released. The cash of MOP410,000 (equivalent to $50,971) deposited in the collateral account was included in the current portion of restricted cash in the accompanying consolidated balance sheets as of December 31, 2022.[2]As of December 31, 2023 and 2022, the non-current portion of restricted cash included bank time deposits of $124,556 and $124,592, respectively. On December 9, 2022, as required by the Concession, Melco Resorts Macau provided a bank guarantee in favor of the Macau government of MOP1,000,000 (equivalent to $124,319) to secure the fulfillment of performance of certain of its legal and contractual obligations, including labor obligations. As stipulated in the bank guarantee contract, the amount of MOP1,000,000 (equivalent to $124,319), or an equivalent amount in other currencies, is required to be held in a cash deposit account as collateral in order to secure the bank guarantee. The bank guarantee will remain in effect until 180 days after the earlier of the expiration or termination of the Concession. As of December 31, 2023 and 2022, the cash of Hong Kong dollars (“HK$”) 970,874 (equivalent to MOP1,000,000) held in the collateral bank account was translated to $124,284 and $124,319, respectively, and included in the non-current portion of restricted cash in the accompanying consolidated balance sheets.

CASH, CASH EQUIVALENTS AND RE_4

CASH, CASH EQUIVALENTS AND RESTRICTED CASH - Schedule of Cash and Cash Equivalents (Parenthetical) (Detail) MOP$ in Thousands, $ in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2023 USD ($)	Dec. 31, 2023 MOP (MOP$)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 MOP (MOP$)	Dec. 31, 2022 HKD ($)	Dec. 09, 2022 USD ($)	Dec. 09, 2022 MOP (MOP$)	Sep. 20, 2022 USD ($)	Sep. 20, 2022 MOP (MOP$)
Cash and Cash Equivalents [Line Items]
Guarantee obligations collateral held directly or by third party		$ 124,284	MOP$ 1000000	$ 124,319		$ 970,874
Period that the bank guarantee was released		2023-01
Non-current portion of restricted cash	[1]	$ 125,094		124,736
Current portion of restricted cash	[2]	27		50,992
Bank guarantee									$ 101,942	MOP$ 820000
Bank Guarantee [Member]
Cash and Cash Equivalents [Line Items]
Guarantee obligations collateral held directly or by third party				50,971	MOP$ 410000				50,971	410,000
Cash Deposit							$ 124,319	MOP$ 1000000
Current restricted cash				50,971	MOP$ 410000				$ 50,971	MOP$ 410000
Bank Time Deposits [Member]
Cash and Cash Equivalents [Line Items]
Non-current portion of restricted cash		124,556		124,592
Current portion of restricted cash				$ 50,971
[1]As of December 31, 2023 and 2022, the non-current portion of restricted cash included bank time deposits of $124,556 and $124,592, respectively. On December 9, 2022, as required by the Concession, Melco Resorts Macau provided a bank guarantee in favor of the Macau government of MOP1,000,000 (equivalent to $124,319) to secure the fulfillment of performance of certain of its legal and contractual obligations, including labor obligations. As stipulated in the bank guarantee contract, the amount of MOP1,000,000 (equivalent to $124,319), or an equivalent amount in other currencies, is required to be held in a cash deposit account as collateral in order to secure the bank guarantee. The bank guarantee will remain in effect until 180 days after the earlier of the expiration or termination of the Concession. As of December 31, 2023 and 2022, the cash of Hong Kong dollars (“HK$”) 970,874 (equivalent to MOP1,000,000) held in the collateral bank account was translated to $124,284 and $124,319, respectively, and included in the non-current portion of restricted cash in the accompanying consolidated balance sheets.[2]As of December 31, 2023 and 2022, the current portion of restricted cash included bank time deposits of nil and $50,971, respectively. On September 20, 2022, Melco Resorts Macau provided a bank guarantee in an amount of Macau Patacas (“MOP”) 820,000 (equivalent to $101,942) to the Macau government to guarantee the satisfaction of any labor liabilities upon expiry of the previous gaming subconcession. As stipulated in the bank guarantee contract, MOP410,000 (equivalent to $50,971) was required to be held in a cash deposit account as collateral to secure the bank guarantee. In January 2023, such bank guarantee and the cash deposited in the collateral bank account were released. The cash of MOP410,000 (equivalent to $50,971) deposited in the collateral account was included in the current portion of restricted cash in the accompanying consolidated balance sheets as of December 31, 2022.

ACCOUNTS RECEIVABLE, NET - Comp

ACCOUNTS RECEIVABLE, NET - Components of Accounts Receivable, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 247,878		$ 273,236
Less: allowances for credit losses	(156,240)	[1]	(217,244)	[1]	$ (268,413)	$ (333,792)
Accounts receivable, net	91,638		55,992
Non-current portion	0		0
Current portion	91,638		55,992
Casino [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	242,312		271,653
Hotel [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	4,658		1,365
Other [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 908		$ 218
[1]As of December 31, 2023 and 2022, the allowances for credit losses of $2,377 and $14,966 as a reduction of the long-term casino accounts receivable, are recorded and included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheets, respectively.

ACCOUNTS RECEIVABLE, NET - Co_2

ACCOUNTS RECEIVABLE, NET - Components of Accounts Receivable, Net (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Receivables [Abstract]
Allowances for credit losses, non-current	$ 2,377	$ 14,966

ACCOUNTS RECEIVABLE, NET - Move

ACCOUNTS RECEIVABLE, NET - Movement in Allowances for Credit Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021
Receivables [Abstract]
Balance at beginning of year	$ 217,244	[1]	$ 268,413		$ 333,792
(Reversal of) provision for credit losses	(3,869)		(892)		6,426
Write-offs, net of recoveries	(56,805)		(49,608)		(69,712)
Effect of exchange rate	(330)		(669)		(2,093)
Balance at end of year	$ 156,240	[1]	$ 217,244	[1]	$ 268,413
[1]As of December 31, 2023 and 2022, the allowances for credit losses of $2,377 and $14,966 as a reduction of the long-term casino accounts receivable, are recorded and included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheets, respectively.

ACCOUNTS RECEIVABLE, NET - Addi

ACCOUNTS RECEIVABLE, NET - Additional Information (Detail)	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable [Line Items]
Percentage of allowances for casino credit losses	64.40%	80%

ASSETS HELD FOR SALE - Addition

ASSETS HELD FOR SALE - Additional Information (Detail) $ in Thousands				12 Months Ended
	Jul. 12, 2023 USD ($)	Dec. 08, 2022 USD ($)	Dec. 08, 2022 JPY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jul. 12, 2023 JPY (¥)	Dec. 08, 2022 JPY (¥)	Sep. 30, 2022 USD ($)
Impairment loss on assets held for sale / property and equipment				$ 110,033	$ 3,595	$ 3,643
Assets held for sales				$ 0	8,503
Air Transportation Equipment [Member]
Gain (loss) on disposal of assets held for sale					2,629
Impairment loss on assets held for sale / property and equipment					3,595
Consideration for disposal of assets held for sale									$ 15,800
Japan Ski Resort [Member]
Loan payable		$ 16,876						¥ 2,215,180,000
Disposal of interest		13,663
Consideration for disposal of assets held for sale | ¥			¥ 1
Loan Receivable		$ 16,876						¥ 2,215,180,000
Consideration for loan receivable transferred to buyer | ¥			¥ 1
Loss On Disposal Of Asset					3,106
Hakone Assets [Member]
Disposal of interest	$ 7,924
Gain (loss) on disposal of assets held for sale	4,468
Impairment loss on assets held for sale / property and equipment					6,794	1,147
Assets held for sales					$ 8,503	$ 17,705
Consideration for disposal of assets held for sale	$ 15,222						¥ 2,144,000,000

PROPERTY AND EQUIPMENT, NET - C

PROPERTY AND EQUIPMENT, NET - Components of Property and Equipment, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property and Equipment, Net
Cost	$ 10,414,902	$ 10,338,277
Less: accumulated depreciation and amortization	(4,880,908)	(4,467,372)
Property and equipment, net	5,533,994	5,870,905
Buildings [Member]
Property and Equipment, Net
Cost	7,621,676	6,186,373
Furniture, fixtures and equipment [Member]
Property and Equipment, Net
Cost	1,187,064	1,112,670
Leasehold improvements [Member]
Property and Equipment, Net
Cost	1,094,238	1,080,737
Plant and gaming machinery [Member]
Property and Equipment, Net
Cost	259,815	246,255
Transportation [Member]
Property and Equipment, Net
Cost	192,151	190,843
Construction in progress [Member]
Property and Equipment, Net
Cost	1,491	1,464,866
Freehold land [Member]
Property and Equipment, Net
Cost	$ 58,467	$ 56,533

PROPERTY AND EQUIPMENT, NET - S

PROPERTY AND EQUIPMENT, NET - Summary Of Reversion Assets (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Disclosure Of Tabular Form Reversion Asset Usage Rights [Line Items]
Gross	$ 498,038
Accumulated Depreciation	(276,581)
Total	221,457
Building [Member]
Disclosure Of Tabular Form Reversion Asset Usage Rights [Line Items]
Gross	349,129
Furniture and Fixtures [Member]
Disclosure Of Tabular Form Reversion Asset Usage Rights [Line Items]
Gross	39,008
Plant And Gaming Machinery [Member]
Disclosure Of Tabular Form Reversion Asset Usage Rights [Line Items]
Gross	$ 109,901

PROPERTY AND EQUIPMENT, NET - A

PROPERTY AND EQUIPMENT, NET - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Cost of property and equipment held under finance lease	$ 147,072	$ 145,660
Accumulated depreciation and amortization of property and equipment held under finance lease	101,589	95,310
Depreciation and amortization expenses	$ 482,574	$ 454,194	$ 487,130

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS, NET - Summary of Changes in the Carrying Amounts of Goodwill (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Beginning balance		$ 81,606
Ending balance		81,582	$ 81,606
Mocha and Other [Member]
Goodwill [Line Items]
Beginning balance	[1]	81,606	81,721	$ 82,203
Foreign currency translations	[1]	(24)	(115)	(482)
Ending balance	[1]	$ 81,582	$ 81,606	$ 81,721
[1]The amount represents goodwill which arose from the acquisition of Mocha Slot Group Limited and its subsidiaries by the Company in 2006. As of December 31, 2023, the gross amount of goodwill and accumulated impairment were $81,582 and nil, respectively.

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS, NET - Summary of Changes in the Carrying Amounts of Goodwill (Parenthetical) (Detail) - Mocha and Other [Member] $ in Thousands	Dec. 31, 2023 USD ($)
Goodwill [Line Items]
Goodwill, Gross	$ 81,582
Goodwill, Accumulated Impairment Loss	$ 0

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS, NET - Additional Information (Detail) € in Thousands

1 Months Ended

12 Months Ended

Jun. 28, 2023 USD ($)

Jun. 28, 2023 EUR (€)

Dec. 16, 2022 USD ($) ElectronicGamingMachines Table

Dec. 16, 2022 MOP (MOP$) ElectronicGamingMachines Table

Nov. 30, 2020 USD ($)

Jun. 26, 2017 USD ($) Casino

Jun. 26, 2017 EUR (€) Casino

Jun. 30, 2022 USD ($)

Jun. 30, 2022 MOP (MOP$)

Dec. 31, 2023 USD ($)

Dec. 31, 2023 MOP (MOP$)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Jun. 28, 2023 EUR (€)

Jan. 01, 2023 USD ($)

Jan. 01, 2023 MOP (MOP$)

Dec. 30, 2022 m²

Goodwill And Intangible Assets [Line Items]

Amortization of finite lived intangible assets

$ 37,216,000

$ 44,128,000

$ 68,831,000

Extension premium paid for subconcession contract

$ 5,815,000

MOP$ 47000000

Gaming table reserved exclusively for certain kind of games or to certain players [Member]

Goodwill And Intangible Assets [Line Items]

Variable annual premium per unit

$ 37,000

MOP$ 300000

Gaming table not reserved exclusively for certain kind of games or to certain players [Member]

Goodwill And Intangible Assets [Line Items]

Variable annual premium per unit

19,000

150,000

Electrical or mechanical gaming machine [Member]

Goodwill And Intangible Assets [Line Items]

Variable annual premium per unit

100

1,000

Four To Ten Years [Member]

Goodwill And Intangible Assets [Line Items]

Concession Fee Per Square Meter

300

MOP$ 2500

One To Three Years [Member]

Goodwill And Intangible Assets [Line Items]

Concession Fee Per Square Meter

90

MOP$ 750

Altira Casino [Member]

Goodwill And Intangible Assets [Line Items]

Area of Land | m²

17,128.8

City of Dreams Casino [Member]

Goodwill And Intangible Assets [Line Items]

Area of Land | m²

31,227.3

Studio City Casino [Member]

Goodwill And Intangible Assets [Line Items]

Area of Land | m²

28,784.3

Gaming Concession Agreement [Member]

Goodwill And Intangible Assets [Line Items]

Finite lived intangible assets, gross

$ 239,588,000

MOP$ 1934035000

Financial liability

$ 239,588,000

MOP$ 1934035000

Fixed annual premium

$ 3,729,000

MOP$ 30000000

Gaming Concession Agreement [Member] | Electronic Gaming Machine [Member]

Goodwill And Intangible Assets [Line Items]

Minimum number of electronic gaming machines | ElectronicGamingMachines

1,000

1,000

Gaming Concession Agreement [Member] | Gaming Table [Member]

Goodwill And Intangible Assets [Line Items]

Minimum number of tables | Table

500

500

Cyprus License Agreement [Member]

Goodwill And Intangible Assets [Line Items]

Exclusive period commenced at the start of the license term

15 years

15 years

Maximum number of satellite casino premises granted | Casino

4

4

License term

30 years

30 years

Cyprus License Agreement [Member] | After completion of the first eight years [Member]

Goodwill And Intangible Assets [Line Items]

Maximum increase in annual license fee compared to license fee paid annually during the previous four-year period

20%

20%

Duration that the license fee may be reviewed periodically

4 years

4 years

Minimum annual license fee

$ 5,535,000

€ 5,000

$ 5,535,000

€ 5,000

Cyprus License Agreement [Member] | Temporary Casino And Integrated Casino Resort [Member] | Second Four Years [Member]

Goodwill And Intangible Assets [Line Items]

Annual license fee

5,535,000

5,000

Cyprus License Agreement [Member] | Temporary Casino And Integrated Casino Resort [Member] | First Four Years [Member]

Goodwill And Intangible Assets [Line Items]

Annual license fee

$ 2,767,000

€ 2,500

Cyprus License Agreement [Member] | Three operating satellite casinos [Member]

Goodwill And Intangible Assets [Line Items]

Annual license fee

2,214,000

€ 2,000

Proprietary rights [Member]

Goodwill And Intangible Assets [Line Items]

Finite lived intangible assets, gross

11,922,000

11,926,000

Finite-lived Intangible Assets Acquired

$ 12,000,000

Finite-Lived Intangible Asset, Useful Life

10 years

Cyprus License [Member]

Goodwill And Intangible Assets [Line Items]

Finite lived intangible assets, gross

73,928,000

75,307,000

0

€ 68,031

Financial liability

$ 73,059,000

€ 67,231

Concession [Member]

Goodwill And Intangible Assets [Line Items]

Finite lived intangible assets, gross

$ 209,934,000

$ 0

Finite-Lived Intangible Asset, Useful Life

10 years

GOODWILL AND INTANGIBLE ASSET_6

GOODWILL AND INTANGIBLE ASSETS, NET - Summary of Intangible Assets, Net (Detail) € in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 28, 2023 USD ($)	Jun. 28, 2023 EUR (€)
Goodwill And Intangible Assets [Line Items]
Total Finite-Lived Intangible Assets, Net	$ 300,449	$ 39,406
Total Indefinite-lived Intangible Assets	4,203	4,204
Total intangible assets, net	304,652	43,610
Concession [Member]
Goodwill And Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	209,934	0
Finite-Lived Intangible Assets, Accumulated Amortization	(24,037)	0
Total Finite-Lived Intangible Assets, Net	185,897	0
Cyprus License [Member]
Goodwill And Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	75,307	0	$ 73,928	€ 68,031
Finite-Lived Intangible Assets, Accumulated Amortization	(1,595)	0
Total Finite-Lived Intangible Assets, Net	73,712	0
Gaming Subconcession [Member]
Goodwill And Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	0	902,441
Finite-Lived Intangible Assets, Accumulated Amortization	0	(902,441)
Total Finite-Lived Intangible Assets, Net	0	0
Software and Software Development Costs [Member]
Goodwill And Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	72,556	59,434
Finite-Lived Intangible Assets, Accumulated Amortization	(39,876)	(29,383)
Total Finite-Lived Intangible Assets, Net	32,680	30,051
Proprietary Rights [Member]
Goodwill And Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	11,922	11,926
Finite-Lived Intangible Assets, Accumulated Amortization	(3,762)	(2,571)
Total Finite-Lived Intangible Assets, Net	8,160	9,355
Mocha Clubs [Member] | Trademarks [Member]
Goodwill And Intangible Assets [Line Items]
Indefinite-lived Intangible Assets Acquired	$ 4,203	$ 4,204

GOODWILL AND INTANGIBLE ASSET_7

GOODWILL AND INTANGIBLE ASSETS, NET - Summary of Estimated Future Amortization Expenses of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Goodwill And Intangible Assets [Line Items]
2024	$ 32,662
2025	31,609
2026	28,896
2027	27,197
2028	27,197
Over 2028	152,888
Finite lived intangible assets, net	$ 300,449	$ 39,406

LONG-TERM PREPAYMENTS, DEPOSI_3

LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS - Schedule of Long-Term Prepayments, Deposits and Other Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Long Term Prepayment Deposits and Other Assets [Abstract]
Input value-added tax, net	$ 19,232	$ 1,019
Other long-term assets	17,983	19,298
Deferred rent assets	17,905	25,904
Deferred financing costs, net	16,183	27,218
Other deposits	11,178	9,971
Long-term prepayments	10,130	31,191
Deposits for acquisition of property and equipment	7,444	19,494
Advance payments for construction costs	265	25,602
Long-term casino accounts receivable, net of allowances for credit losses of $2,377 and $14,966	0	0
Long-term prepayments, deposits and other assets	$ 100,320	$ 159,697

LONG-TERM PREPAYMENTS, DEPOSI_4

LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS - Schedule of Long-Term Prepayments, Deposits and Other Assets (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Long Term Prepayment Deposits and Other Assets [Abstract]
Allowances for credit losses, non-current	$ 2,377	$ 14,966

LAND USE RIGHTS, NET - Schedule

LAND USE RIGHTS, NET - Schedule of Land Use Rights, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Land Use Rights [Line Items]
Land use rights, gross	$ 1,129,566	$ 1,195,084
Less: accumulated amortization	(546,784)	(524,212)
Land use rights, net	582,782	670,872
Altira Macau - Taipa Land [Member]
Land Use Rights [Line Items]
Land use rights, gross	80,707	145,922
City of Dreams - Cotai Land [Member]
Land Use Rights [Line Items]
Land use rights, gross	397,953	398,068
Studio City - Studio City Land [Member]
Land Use Rights [Line Items]
Land use rights, gross	$ 650,906	$ 651,094

ACCRUED EXPENSES AND OTHER CU_3

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES - Schedule of Accrued Expenses and Other Current Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating expense and other accruals and liabilities	$ 160,169	$ 97,933
Gaming tax and license fee accruals	159,285	48,688
Interest expense payable	114,587	123,032
Staff cost accruals	101,340	96,219
Property and equipment payables	37,502	35,747
Construction cost payables	36,018	76,173
Concession and license liabilities	29,448	0
Accrued expenses and other current liabilities	1,008,316	809,305
Advance deposits and ticket sales [Member]
Contract with Customer Liability	250,955	278,591	$ 309,718
Outstanding Gaming Chips [Member]
Contract with Customer Liability	83,012	37,354	72,147
Loyalty Program Liabilities [Member]
Contract with Customer Liability	$ 36,000	$ 15,568	$ 24,350

ACCRUED EXPENSES AND OTHER CU_4

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES - Schedule of Accrued Expenses and Other Current Liabilities (Parenthetical) (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Accounts Payable and Accrued Liabilities, Current [Abstract]
Non current concession and license liabilities	$ 282,081

LONG-TERM DEBT, NET - Summary o

LONG-TERM DEBT, NET - Summary of Long-term Debt, Net (Detail) - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Long-term debt, net		$ 7,472,620	$ 8,412,508
Current portion of long-term debt, net		0	(322,500)
Non current portion of long-term debt, net		7,472,620	8,090,008
Total Credit Facility [Member] | 2015 Credit Facilities [Member]
Long-Term Debt [Line Items]
Long-term debt, net		128	128
Total Credit Facility [Member] | 2020 Credit Facilities [Member]
Long-Term Debt [Line Items]
Long-term debt, net	[1]	1,052,515	1,899,203
Total Credit Facility [Member] | 2016 Studio City Credit Facilities [Member]
Long-Term Debt [Line Items]
Long-term debt, net	[2]	128	128
Senior Notes [Member] | 2017 4.875% Senior Notes, due 2025 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		994,254	990,448
Senior Notes [Member] | 2019 5.250% Senior Notes, due 2026 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		497,859	497,019
Senior Notes [Member] | 2019 5.625% Senior Notes, due 2027 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		596,642	595,822
Senior Notes [Member] | 2019 5.375% Senior Notes, due 2029 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		1,148,366	1,148,155
Senior Notes [Member] | 2020 5.750% Senior Notes, due 2028 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		847,683	847,257
Senior Notes [Member] | 2020 6.000% SC Notes, due 2025 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		395,680	497,308
Senior Notes [Member] | 2020 6.500% SC Notes, due 2028 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		497,030	496,402
Senior Notes [Member] | 2021 5.000% Studio City Notes, due 2029 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		1,096,374	1,095,772
Senior Notes [Member] | 2022 7.000% Studio City Secured Notes, due 2027 [Member]
Long-Term Debt [Line Items]
Long-term debt, net		$ 345,961	$ 344,866
[1]As of December 31, 2023 and 2022, the unamortized deferred financing costs related to the revolving credit facility of the 2020 Credit Facilities of $15,905 and $26,885 are included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheet, respectively.[2]As of December 31, 2023 and 2022, the unamortized deferred financing costs related to the 2016 SC Revolving Credit Facility of the 2016 Studio City Credit Facilities of $278 and $333 are included in long-term prepayments, deposits and other assets in the accompanying consolidated balance sheets, respectively.

LONG-TERM DEBT, NET - Summary_2

LONG-TERM DEBT, NET - Summary of Long-term Debt, Net (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
2017 4.875% Senior Notes, due 2025 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs and original issue premiums	$ 5,746	$ 9,552
2019 5.250% Senior Notes, due 2026 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	2,141	2,981
2019 5.625% Senior Notes, due 2027 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	3,358	4,178
2019 5.375% Senior Notes, due 2029 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	1,634	1,845
2020 5.750% Senior Notes, due 2028 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs and original issue premiums	2,317	2,743
2020 6.000% SC Notes, due 2025 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	1,320	2,692
2020 6.500% SC Notes, due 2028 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	2,970	3,598
2021 5.000% Studio City Notes, due 2029 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs and original issue premiums	3,626	4,228
2022 7.000% Studio City Secured Notes, due 2027 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	4,039	5,134
Revolving Credit Facility [Member] | 2020 Credit Facilities [Member] | Long-term Prepayments, Deposits and Other Assets [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	15,905	26,885
Revolving Credit Facility [Member] | 2016 Studio City Credit Facilities [Member] | Long-term Prepayments, Deposits and Other Assets [Member]
Long-Term Debt [Line Items]
Unamortized deferred financing costs	$ 278	$ 333

LONG-TERM DEBT, NET (2017 4.875

LONG-TERM DEBT, NET (2017 4.875% Senior Notes) - Additional Information (Detail) - USD ($) $ in Thousands			12 Months Ended
	Jul. 03, 2017	Jun. 06, 2017	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Total long-term debt			$ 7,499,771	$ 8,449,459
2017 4.875% Senior Notes, due 2025 [Member] | First 2017 Senior Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt		$ 650,000
Purchase price as percentage of principal		100%
Maturity date			Jun. 06, 2025
2017 4.875% Senior Notes, due 2025 [Member] | Second 2017 Senior Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 350,000
Purchase price as percentage of principal	100.75%
Maturity date			Jun. 06, 2025
2017 4.875% Senior Notes, due 2025 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Interest rate per annum	4.875%	4.875%

LONG-TERM DEBT, NET (2019 5.250

LONG-TERM DEBT, NET (2019 5.250% Senior Notes) - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
	Apr. 26, 2019	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Total long-term debt		$ 7,499,771	$ 8,449,459
2019 5.250% Senior Notes, due 2026 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 500,000
Maturity date		Apr. 26, 2026
Interest rate per annum	5.25%
Purchase price as percentage of principal	100%

LONG-TERM DEBT, NET (2019 5.625

LONG-TERM DEBT, NET (2019 5.625% Senior Notes) - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
	Jul. 17, 2019	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Total long-term debt		$ 7,499,771	$ 8,449,459
Senior Notes [Member] | 2019 5.625% Senior Notes, due 2027 [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 600,000
Maturity date		Jul. 17, 2027
Interest rate per annum	5.625%
Purchase price as percentage of principal	100%

LONG-TERM DEBT, NET (2019 5.375

LONG-TERM DEBT, NET (2019 5.375% Senior Notes) - Additional Information (Detail) - USD ($) $ in Thousands			12 Months Ended
	Jan. 21, 2021	Dec. 04, 2019	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Total long-term debt			$ 7,499,771	$ 8,449,459
Additional 2019 Senior Notes [Member] | 2019 5.375% Senior Notes, due 2029 [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 250,000
Maturity date			Dec. 04, 2029
Interest rate per annum	5.375%
Purchase price as percentage of principal	103.25%
First 2019 Senior Notes [Member] | 2019 5.375% Senior Notes, due 2029 [Member]
Long-Term Debt [Line Items]
Total long-term debt		$ 900,000
Maturity date			Dec. 04, 2029
Interest rate per annum		5.375%
Purchase price as percentage of principal		100%
Senior Notes [Member] | 2019 5.375% Senior Notes, due 2029 [Member] | Prior to December 4, 2024 [Member]
Long-Term Debt [Line Items]
Maximum redeemable percentage of principal prior to a specific date for partial redemption with net cash proceeds from equity offerings at a fixed redemption price	35%	35%

LONG-TERM DEBT, NET (2020 5.750

LONG-TERM DEBT, NET (2020 5.750% Senior Notes) - Additional Information (Detail) - USD ($) $ in Thousands			12 Months Ended
	Aug. 11, 2020	Jul. 21, 2020	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Total long-term debt			$ 7,499,771	$ 8,449,459
2020 5.750% Senior Notes, due 2028 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Interest rate per annum	5.75%	5.75%
2020 5.750% Senior Notes, due 2028 [Member] | Second 2020 Senior Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 350,000
Maturity date			Jul. 21, 2028
Purchase price as percentage of principal	101%
2020 5.750% Senior Notes, due 2028 [Member] | First 2020 Senior Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt		$ 500,000
Maturity date			Jul. 21, 2028
Purchase price as percentage of principal		100%

LONG-TERM DEBT, NET (2020 Studi

LONG-TERM DEBT, NET (2020 Studio City Notes) - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
	Jul. 15, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Nov. 28, 2023	Nov. 24, 2023	Nov. 22, 2023	Nov. 09, 2023
Long-Term Debt [Line Items]
Total long-term debt		$ 7,499,771	$ 8,449,459
Gain (loss) on extinguishment of debt		1,611	$ 0	$ (28,817)
2020 6.000% SC Notes, due 2025 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 500,000	$ 397,000
Purchase price as percentage of principal	100%
Maturity date		Jul. 15, 2025
Interest rate per annum	6%
2020 6.000% SC Notes, due 2025 [Member] | Senior Notes [Member] | Tender Offer [Member]
Long-Term Debt [Line Items]
Gain (loss) on extinguishment of debt		$ 1,495
Debt instrument tendered amount							$ 317,461
Tender offer amount accepted for purchase, maximum						$ 100,000		$ 75,000
Tender offer amount accepted for purchase					$ 100,000
2020 Studio City Notes [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Net assets restricted from distribution		$ 740,000
2020 6.500% SC Notes, due 2028 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 500,000
Purchase price as percentage of principal	100%
Maturity date		Jan. 15, 2028
Interest rate per annum	6.50%

LONG-TERM DEBT, NET (2021 5.000

LONG-TERM DEBT, NET (2021 5.000% Studio City Notes) - Additional Information (Detail) - USD ($) $ in Thousands			12 Months Ended
	May 20, 2021	Jan. 14, 2021	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Total long-term debt			$ 7,499,771	$ 8,449,459
2021 5.000% Studio City Notes, due 2029 [Member] | Senior Notes [Member]
Long-Term Debt [Line Items]
Net assets restricted from distribution			$ 740,000
2021 5.000% Studio City Notes, due 2029 [Member] | Senior Notes [Member] | Prior to January 15, 2024 [Member]
Long-Term Debt [Line Items]
Maximum redeemable percentage of principal prior to a specific date for partial redemption with net cash proceeds from equity offerings at a fixed redemption price	35%	35%
2021 5.000% Studio City Notes, due 2029 [Member] | First 2021 Studio City Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt		$ 750,000
Interest rate per annum		5%
Purchase price as percentage of principal		100%
Maturity date			Jan. 15, 2029
2021 5.000% Studio City Notes, due 2029 [Member] | Additional 2021 Studio City Notes [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 350,000
Purchase price as percentage of principal	101.50%
Maturity date			Jan. 15, 2029

LONG-TERM DEBT, NET (2022 7.000

LONG-TERM DEBT, NET (2022 7.000% Studio City Secured Notes) - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
	Feb. 16, 2022	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt [Line Items]
Total long-term debt		$ 7,499,771	$ 8,449,459
Senior Notes [Member] | 2022 7.000% Studio City Secured Notes, due 2027 [Member]
Long-Term Debt [Line Items]
Total long-term debt	$ 350,000
Maturity date		Feb. 15, 2027
Purchase price as percentage of principal	100%
Interest rate per annum	7%
Net assets restricted from distribution		$ 675,000
Senior Notes [Member] | 2022 7.000% Studio City Secured Notes, due 2027 [Member] | Prior to February 15, 2024 [Member]
Long-Term Debt [Line Items]
Maximum redeemable percentage of principal prior to a specific date for partial redemption with net cash proceeds from equity offerings at a fixed redemption price	35%

LONG-TERM DEBT, NET (2015 Credi

LONG-TERM DEBT, NET (2015 Credit Facilities) - Additional Information (Detail) $ in Thousands, $ in Thousands			12 Months Ended
	May 07, 2020 USD ($)	Jun. 29, 2015	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 HKD ($)	May 07, 2020 HKD ($)
Long-Term Debt [Line Items]
Total outstanding borrowings			$ 7,499,771	$ 8,449,459
Amount available for future drawdown			920,710
2015 Credit Facilities [Member] | Term Loan Facility [Member]
Long-Term Debt [Line Items]
Total outstanding borrowings			128			$ 1,000
2015 Credit Facilities [Member] | Revolving Credit Facility [Member]
Long-Term Debt [Line Items]
Credit facility, maximum borrowing capacity	$ 128						$ 1,000
Total outstanding borrowings						0
Amount available for future drawdown			128			$ 1,000
Loan commitment fees recognized			$ 1	$ 1	$ 1
Revolving credit facility, bank collateral	$ 273						$ 2,130
2015 Credit Facilities [Member] | Total Credit Facility [Member] | Extended Maturity [Member]
Long-Term Debt [Line Items]
Maturity date			Jun. 24, 2024
2015 Credit Facilities [Member] | Total Credit Facility [Member] | Hong Kong Interbank Offered Rate HIBOR [Member]
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate	1%
2015 Credit Facilities [Member] | Total Credit Facility [Member] | Hong Kong Interbank Offered Rate HIBOR [Member] | Minimum [Member]
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate		1.25%
2015 Credit Facilities [Member] | Total Credit Facility [Member] | Hong Kong Interbank Offered Rate HIBOR [Member] | Maximum [Member]
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate		2.50%

LONG-TERM DEBT, NET (2020 Credi

LONG-TERM DEBT, NET (2020 Credit Facilities) - Additional Information (Detail) $ in Thousands, $ in Thousands			12 Months Ended
	Jun. 29, 2023	Apr. 29, 2020 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 HKD ($)	Apr. 29, 2020 HKD ($)
Long-Term Debt [Line Items]
Total long-term debt			$ 7,499,771	$ 8,449,459
Amount available for future drawdown			$ 920,710
2020 Credit Facilities [Member] | Revolving Credit Facility [Member]
Long-Term Debt [Line Items]
Credit facility, maximum borrowing capacity		$ 1,915,947					$ 14,850,000
Term of maturity		5 years
Maturity date			Apr. 29, 2025
Loan commitment fees recognized			$ 3,954	$ 5,978	$ 10,613
2020 Credit Facilities [Member] | Maximum [Member] | Revolving Credit Facility [Member] | Hong Kong Interbank Offered Rate HIBOR [Member] | Hong Kong, Dollars
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate		2%
2020 Credit Facilities [Member] | Maximum [Member] | Revolving Credit Facility [Member] | London Inter bank Offered Rate [Member] | United States of America, Dollars
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate		2%
2020 Credit Facilities [Member] | Maximum [Member] | Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | United States of America, Dollars
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate	2%
Debt instrument credit adjustment spread	0.20%
2020 Credit Facilities [Member] | Minimum [Member] | Revolving Credit Facility [Member] | Hong Kong Interbank Offered Rate HIBOR [Member] | Hong Kong, Dollars
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate		1%
2020 Credit Facilities [Member] | Minimum [Member] | Revolving Credit Facility [Member] | London Inter bank Offered Rate [Member] | United States of America, Dollars
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate		1%
2020 Credit Facilities [Member] | Minimum [Member] | Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | United States of America, Dollars
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate	1%
Debt instrument credit adjustment spread	0.06%
2020 Credit Facilities [Member] | USD Credit Facilities [Member] | Revolving Credit Facility [Member]
Long-Term Debt [Line Items]
Total long-term debt			1,052,515
Amount available for future drawdown			$ 848,464
2020 Credit Facilities [Member] | HKD Credit Facilities [Member] | Revolving Credit Facility [Member]
Long-Term Debt [Line Items]
Total long-term debt						$ 8,222,000
Amount available for future drawdown						$ 6,628,000

LONG-TERM DEBT, NET (2016 Studi

LONG-TERM DEBT, NET (2016 Studio City Credit Facilities) - Additional Information (Detail) $ in Thousands, $ in Thousands		12 Months Ended
	Nov. 30, 2016 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 HKD ($)	Nov. 30, 2016 HKD ($)	Jan. 28, 2013 USD ($)	Jan. 28, 2013 HKD ($)
Long-Term Debt [Line Items]
Total outstanding borrowings		$ 7,499,771	$ 8,449,459
Amount available for future drawdown		920,710
Studio City Project Facility [Member] | Total Credit Facility [Member]
Long-Term Debt [Line Items]
Credit facility, maximum borrowing capacity							$ 1,395,357	$ 10,855,880
2016 Studio City Credit Facilities [Member] | Total Credit Facility [Member]
Long-Term Debt [Line Items]
Credit facility, maximum borrowing capacity	$ 30,077					$ 234,000
Net assets restricted from distribution		$ 675,000
2016 Studio City Credit Facilities [Member] | Total Credit Facility [Member] | Extended Maturity [Member]
Long-Term Debt [Line Items]
Maturity date		Jan. 15, 2028
2016 Studio City Credit Facilities [Member] | Total Credit Facility [Member] | Hong Kong Interbank Offered Rate HIBOR [Member]
Long-Term Debt [Line Items]
Interest rate margin per annum added to applicable variable rate	4%
2016 Studio City Credit Facilities [Member] | Term Loan Facility [Member]
Long-Term Debt [Line Items]
Credit facility, maximum borrowing capacity	$ 129					1,000
Total outstanding borrowings		$ 128			$ 1,000
Term loan facility, cash collateral	130					1,012
2016 Studio City Credit Facilities [Member] | Revolving Credit Facility [Member]
Long-Term Debt [Line Items]
Credit facility, maximum borrowing capacity	$ 29,948					$ 233,000
Total outstanding borrowings					0
Amount available for future drawdown		29,827			$ 233,000
Loan commitment fees recognized		$ 417	$ 417	$ 419

LONG-TERM DEBT, NET (Philippine

LONG-TERM DEBT, NET (Philippine Credit Facility) - Additional Information (Detail) ₱ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 PHP (₱)	Oct. 14, 2015 USD ($)	Oct. 14, 2015 PHP (₱)
Long-Term Debt [Line Items]
Amount available for future drawdown	$ 920,710
Philippine Credit Facility [Member]
Long-Term Debt [Line Items]
Credit facility, maximum borrowing capacity			$ 49,824	₱ 2,350,000
Interest rate, description	interest, as amended from time to time, at the higher of: (i) the PHP BVAL Reference Rate of the selected interest period plus the applicable margin to be mutually agreed by the bank and the borrower at the time of drawdown, and (ii) Philippines Term Deposit Facility Rate of the selected interest period plus the applicable margin to be mutually agreed by the bank and the borrower at the time of drawdown, such rate to be set one business day prior to the relevant interest period.
Maturity date, description	the Philippine Credit Facility availability period, as amended from time to time, is up to January 31, 2024 and was further extended to April 30, 2023, in January 2024, and the maturity date of each individual drawdown, as amended from time to time, to be the earlier of: (i) the date which is 360 days from the date of drawdown, and (ii) the date which is 360 days after the end of the availability period.
Amount available for future drawdown	$ 42,291	₱ 2,350,000

LONG-TERM DEBT, NET - Borrowing

LONG-TERM DEBT, NET - Borrowing Rates of Long-Term Debt - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Average borrowing rate per annum	5.72%	5.32%	5.43%

LONG-TERM DEBT, NET - Scheduled

LONG-TERM DEBT, NET - Scheduled Maturities of Long-Term Debt (Excluding Unamortized Deferred Financing Costs and Original Issue Premiums) (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
2024	$ 128
2025	2,449,515
2026	500,000
2027	950,000
2028	1,350,128
Over 2028	2,250,000
Total long-term debt	$ 7,499,771	$ 8,449,459

LEASES - Schedule Of Components

LEASES - Schedule Of Components Of Lease Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Lease, Costs [Abstract]
Amortization of land use rights	$ 22,670	$ 22,662	$ 22,832
Operating lease costs	18,434	14,614	29,401
Short-term lease costs	342	720	473
Variable lease costs	2,684	1,902	(629)
Finance Lease, Costs [Abstract]
Amortization of right-of-use assets	5,336	12,928	15,682
Interest costs	24,562	25,371	31,642
Total lease costs	$ 74,028	$ 78,197	$ 99,401

LEASES - Disclosure of Other In

LEASES - Disclosure of Other Information Related to Lease Term and Discount Rate (Detail)	Dec. 31, 2023	Dec. 31, 2022
Lessee Operating Lease and Finance Lease Other Information Related to Lease Term and Discount Rate [Abstract]
Operating leases, Weighted average remaining lease term	18 years	21 years 6 months
Operating leases, Weighted average discount rate	6.66%	5.77%
Finance leases, Weighted average remaining lease term	9 years 6 months	10 years 6 months
Finance leases, Weighted average discount rate	10.70%	10.70%

LEASES - Schedule Of Maturities

LEASES - Schedule Of Maturities Of Lease Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Year ending December 31, 2024	$ 20,502
Year ending December 31, 2025	13,130
Year ending December 31, 2026	11,058
Year ending December 31, 2027	5,675
Year ending December 31, 2028	5,365
Over year ending December 31, 2028	65,681
Total future minimum lease payments	121,411
Less: amounts representing interest	(47,868)
Present value of future minimum lease payments	73,543
Present value of future minimum lease payments current portion	(19,685)	$ (12,761)
Present value of future minimum lease payments non-current portion	53,858	55,832
Year ending December 31, 2024	37,387
Year ending December 31, 2025	37,387
Year ending December 31, 2026	37,387
Year ending December 31, 2027	37,387
Year ending December 31, 2028	37,387
Over year ending December 31, 2028	169,345
Total future minimum lease payments	356,280
Less: amounts representing interest	(133,499)
Present value of future minimum lease payments	222,781
Present value of future minimum lease payments current portion	(35,307)	(34,959)
Present value of future minimum lease payments non-current portion	$ 187,474	$ 198,291

LEASES - Summary of Future Mini

LEASES - Summary of Future Minimum Fees, Excluding the Contingent Fees to be Received under Non-Cancellable Operating Leases (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Lessor, Lease, Description [Line Items]
Year ending December 31, 2024	$ 56,427
Year ending December 31, 2025	56,409
Year ending December 31, 2026	29,975
Year ending December 31, 2027	7,257
Year ending December 31, 2028	3,378
Over year ending December 31, 2028	3,640
Total minimum future fees to be received	$ 157,086

LEASES - Additional Information

LEASES - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Minimum operating lease income	$ 45,210	$ 41,633	$ 45,019
Contingent operating lease income	$ 7,810	265	5,080
Operating leases - as lessor, last expiry date	2035-12
Amount of reduction in lease income as a result of the rent concessions	$ 52	$ 3,076	$ 882
Macau Land Concession Contracts [Member]
Lessee, Lease, Description [Line Items]
Initial contract term (in years)	25 years
Renewable contract term	10 years
Estimated Lease Term	40 years

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value Disclosures [Abstract]
The estimated fair value of long-term debt	$ 6,975,901	$ 7,341,910
The carrying value of long-term debt, excluding unamortized deferred financing costs and original issue premiums	$ 7,499,771	$ 8,449,459

CAPITAL STRUCTURE - Shares Issu

CAPITAL STRUCTURE - Shares Issued By Company - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Ordinary Shares [Member]
Capital Structure [Line Items]
Shares issued for future vesting of restricted shares and exercise of share options (in shares)	0	0	0
Treasury Shares [Member]
Capital Structure [Line Items]
Issuance of shares for restricted shares vested (in shares)	16,254,282	14,720,040	6,042,543
Exercise of share options (in shares)	82,242	0	2,478,594

CAPITAL STRUCTURE - Shares Repu

CAPITAL STRUCTURE - Shares Repurchased by the Company - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands						12 Months Ended
	Mar. 10, 2023	Mar. 08, 2023	Aug. 26, 2022	Aug. 18, 2022	Jun. 02, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Capital Structure [Line Items]
Treasury shares, shares						93,408,292	109,744,816
Ordinary shares, issued						1,404,679,067	1,445,052,143
Ordinary shares, outstanding						1,311,270,775	1,335,307,327
Shares repurchased by the Company						$ 169,836	$ 189,161	$ 52,026
Treasury Shares [Member]
Capital Structure [Line Items]
Shares repurchased by the Company (in shares)						40,373,076	102,783,027	16,116,135
Shares repurchased by the Company						$ 169,836	$ 189,161	$ 52,026
Treasury Shares [Member] | Two Thousand And Twenty One Repurchase Program [Member]
Capital Structure [Line Items]
Stock repurchase program authorized amount					$ 500,000
Stock repurchase program period					3 years
Shares repurchased by the Company (in shares)						0
Retirement of shares (in shares)							1,500,000	0
Treasury Shares [Member] | Two Thousand And Twenty One Repurchase Program [Member] | American Depository Shares [Member]
Capital Structure [Line Items]
Shares repurchased by the Company (in shares)							5,929,076	5,372,045
Treasury Shares [Member] | Two Thousand And Twenty One Repurchase Program [Member] | Equivalent Ordinary Shares for ADS [Member]
Capital Structure [Line Items]
Shares repurchased by the Company (in shares)							17,787,228	16,116,135
Treasury Shares [Member] | Two Thousand And Twenty Two Melco International Repurchase Program [Member]
Capital Structure [Line Items]
Shares repurchased by the Company (in shares)				9,995,799
Retirement of shares (in shares)			9,995,799
Shares repurchased by the Company			$ 152,709
Treasury stock acquired, Average cost per share			$ 1.7967
Treasury Shares [Member] | Two Thousand And Twenty Two Melco International Repurchase Program [Member] | American Depository Shares [Member]
Capital Structure [Line Items]
Shares repurchased by the Company (in shares)				25,000,000
Treasury stock acquired, Average cost per share			$ 5.39
Treasury Shares [Member] | Two Thousand And Twenty Two Melco International Repurchase Program [Member] | Equivalent Ordinary Shares for ADS [Member]
Capital Structure [Line Items]
Shares repurchased by the Company (in shares)				75,000,000
Treasury Shares [Member] | Two Thousand And Twenty Three Melco International Repurchase Program [Member]
Capital Structure [Line Items]
Shares repurchased by the Company (in shares)		40,373,076
Retirement of shares (in shares)	40,373,076
Shares repurchased by the Company	$ 169,836
Treasury stock acquired, Average cost per share	$ 4.2067
Treasury Shares [Member] | Two Thousand And Twenty Three Melco International Repurchase Program [Member] | American Depository Shares [Member]
Capital Structure [Line Items]
Treasury stock acquired, Average cost per share	$ 12.62

INCOME TAXES - Summary of Loss

INCOME TAXES - Summary of Loss before Income Tax (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Income Taxes [Line Items]
Loss before income tax	$ (401,908)	$ (1,091,931)	$ (953,579)
Macau Complementary Tax [Member]
Schedule of Income Taxes [Line Items]
Loss before income tax	11,021	(720,470)	(456,089)
Hong Kong Profits Tax [Member]
Schedule of Income Taxes [Line Items]
Loss before income tax	(474,862)	(400,725)	(434,618)
Philippine Corporate Income Tax [Member]
Schedule of Income Taxes [Line Items]
Loss before income tax	86,910	28,204	(51,436)
Cyprus Corporate Income Tax [Member]
Schedule of Income Taxes [Line Items]
Loss before income tax	(29,171)	3,152	(13,454)
Income Tax in Other Jurisdictions [Member]
Schedule of Income Taxes [Line Items]
Loss before income tax	$ 4,194	$ (2,092)	$ 2,018

INCOME TAXES - Summary of Incom

INCOME TAXES - Summary of Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income tax expense - current:
Income tax expense - current	$ 19,899	$ 3,103	$ 6,028
(Over) under provision of income taxes in prior years:
(Over) under provision of income taxes in prior years	(2,395)	(166)	(904)
Income tax (benefit) expense - deferred:
Income tax (benefit) expense - deferred	(4,082)	2,299	(2,239)
Total income tax expense	13,422	5,236	2,885
Macau Complementary Tax [Member]
Income tax expense - current:
Income tax expense - current	0	9	172
(Over) under provision of income taxes in prior years:
(Over) under provision of income taxes in prior years	(511)	(560)	(874)
Income tax (benefit) expense - deferred:
Income tax (benefit) expense - deferred	(7,931)	(768)	(4,535)
Lump sum in lieu of Macau Complementary Tax on dividends [Member]
Income tax expense - current:
Income tax expense - current	5,650	2,342	2,359
(Over) under provision of income taxes in prior years:
(Over) under provision of income taxes in prior years	(1,327)	0	0
Income tax (benefit) expense - deferred:
Total income tax expense	5,650
Hong Kong Profits Tax [Member]
Income tax expense - current:
Income tax expense - current	11,613	528	48
(Over) under provision of income taxes in prior years:
(Over) under provision of income taxes in prior years	(450)	(4)	18
Income tax (benefit) expense - deferred:
Income tax (benefit) expense - deferred	(154)	3,276	2,493
Philippine Corporate Income Tax [Member]
Income tax expense - current:
Income tax expense - current	4	5	1
(Over) under provision of income taxes in prior years:
(Over) under provision of income taxes in prior years	(157)	300	(62)
Income tax (benefit) expense - deferred:
Income tax (benefit) expense - deferred	3,366	(258)	209
Philippine withholding tax on dividends [Member]
Income tax expense - current:
Income tax expense - current	2,566	0	2,937
Cyprus Corporate Income Tax [Member]
Income tax expense - current:
Income tax expense - current	0	0	188
Income tax (benefit) expense - deferred:
Income tax (benefit) expense - deferred	589	(578)	0
Income Tax in Other Jurisdictions [Member]
Income tax expense - current:
Income tax expense - current	66	219	323
(Over) under provision of income taxes in prior years:
(Over) under provision of income taxes in prior years	50	98	14
Income tax (benefit) expense - deferred:
Income tax (benefit) expense - deferred	$ 48	$ 627	$ (406)

INCOME TAXES - Schedule of Reco

INCOME TAXES - Schedule of Reconciliation of Income Tax Expense from Loss Before Income Tax (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Loss before income tax	$ (401,908)	$ (1,091,931)	$ (953,579)
Macau Complementary Tax rate	12%	12%	12%
Income tax benefit at Macau Complementary Tax rate	$ (48,229)	$ (131,032)	$ (114,429)
Lump sum in lieu of Macau Complementary Tax on dividends	5,650	2,342	2,359
Effect of different tax rates of subsidiaries operating in other jurisdictions	(13,422)	(12,271)	(31,653)
Over provision in prior years	(2,395)	(166)	(904)
Effect of income for which no income tax expense is payable	(14,178)	(11,727)	(6,308)
Effect of expenses for which no income tax benefit is receivable	80,455	70,687	101,111
Effect of profits generated by gaming operations exempted	(75,403)	(25,700)	(10,851)
Effect of tax losses that cannot be carried forward	0	15,553	6,742
Changes in valuation allowances	27,004	48,122	(13,360)
Change in income tax rate	0	0	16,521
Expired tax losses	53,940	49,428	53,657
Income tax expense	$ 13,422	$ 5,236	$ 2,885

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) $ / shares in Units, MOP$ in Thousands, $ in Thousands		6 Months Ended				12 Months Ended
	Mar. 26, 2021	Dec. 31, 2022 USD ($)	Dec. 31, 2022 MOP (MOP$)	Jun. 26, 2022 USD ($)	Jun. 26, 2022 MOP (MOP$)	Dec. 31, 2023 USD ($) $ / shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2021 MOP (MOP$)
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income						12%	12%	12%	12%
Expected increase (decrease) in net income attributable to the parent if taxes on casino gaming profits have been paid						$ 75,190	$ 25,252	$ 10,688
Effective tax rate						(3.34%)	(0.48%)	(0.30%)	(0.30%)
Valuation allowances		$ 299,620				$ 374,623	$ 299,620
Adjusted operating tax losses carried forwards, expired						448,834
Aggregate undistributed earnings of foreign subsidiaries		745,425				745,694	745,425
Provision related to tax withholding for dividends						0
Deferred income tax liability, undistributed earnings		89,449				89,483	89,449
Unrecognized tax benefits that would impact effective tax rate		22,940				27,332	22,940
Income tax expense (benefit)						13,422	$ 5,236	$ 2,885
Operating Tax Loss Carry Forwards With Expiry Dates [Member]
Schedule of Income Taxes [Line Items]
Adjusted operating tax losses carry forwards expiration						1,380,467
Operating Tax Loss Carry Forwards With No Expiry Date [Member]
Schedule of Income Taxes [Line Items]
Adjusted operating tax losses carry forwards expiration						$ 10,048
Diluted [Member]
Schedule of Income Taxes [Line Items]
Expected increase in loss per share if taxes on casino gaming profits have been paid | $ / shares						$ 0.057	$ 0.018	$ 0.007
Philippine Corporate Income Tax [Member]
Schedule of Income Taxes [Line Items]
Statute of limitation for tax return						3 years
Philippine Corporate Income Tax [Member] | July 1, 2020 until June 30, 2023 [Member] | Minimum [Member]
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income	1%
Philippine Corporate Income Tax [Member] | Before July 1, 2020 [Member]
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income	30%
Philippine Corporate Income Tax [Member] | Before July 1, 2020 [Member] | Minimum [Member]
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income	2%
Philippine Corporate Income Tax [Member] | After July 1, 2020 [Member]
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income	25%
Lump sum in lieu of Macau Complementary Tax on dividends [Member]
Schedule of Income Taxes [Line Items]
Annual lump sum in lieu of Macau Complementary tax on dividend		$ 518	MOP$ 4167	$ 497	MOP$ 4000			$ 2,342	MOP$ 18900
Income tax expense (benefit)						$ 5,650
Macau Complementary Tax [Member]
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income						12%	12%	12%	12%
Statute of limitation for tax return						5 years
Hong Kong Profits Tax [Member]
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income						16.50%	16.50%	16.50%	16.50%
Statute of limitation for tax return						6 years
Cyprus Corporate Income Tax [Member]
Schedule of Income Taxes [Line Items]
Percentage of tax on estimated taxable income						12.50%	12.50%	12.50%	12.50%
Statute of limitation for tax return						6 years

INCOME TAXES - Schedule of Net

INCOME TAXES - Schedule of Net Deferred Tax Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets
Net operating losses carried forward	$ 205,189	$ 206,079
Depreciation and amortization	157,667	76,272
Lease liabilities	29,277	30,492
Others	16,936	13,052
Sub-total	409,069	325,895
Valuation allowances	(374,623)	(299,620)
Total deferred tax assets	34,446	26,275
Deferred tax liabilities
Right-of-use assets	(9,471)	(10,413)
Land use rights	(36,513)	(44,434)
Intangible assets	(9,718)	(505)
Unrealized capital allowances	(4,405)	(4,279)
Others	(9,298)	(5,683)
Total deferred tax liabilities	(69,405)	(65,314)
Deferred tax liabilities, net	$ (34,959)	$ (39,039)

INCOME TAXES - Schedule of Unre

INCOME TAXES - Schedule of Unrecognized tax benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
At beginning of year	$ 22,940	$ 16,342	$ 15,132
Additions based on tax positions related to current year	756	6,810	2,028
Additions based on tax positions related to prior year	4,984	0	0
Restricted due to expiry of the statute of limitations	(1,348)	(212)	(818)
At end of year	$ 27,332	$ 22,940	$ 16,342

SHARE-BASED COMPENSATION - Addi

SHARE-BASED COMPENSATION - Additional Information (Detail) $ / shares in Units, $ in Thousands							12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares	Apr. 05, 2023 $ / shares shares	Apr. 15, 2022 $ / shares shares	Apr. 06, 2022 $ / shares shares	Jul. 07, 2021 shares	Mar. 31, 2021 $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	May 12, 2020 $ / shares	May 12, 2020 ₱ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expenses including the capitalized portion | $							$ 36,435	$ 74,491	$ 71,144
Share-based compensation expenses capitalized in property and equipment | $							$ 962	$ 2,682	3,187
Common Stock Par value | $ / shares	$ 0.01						$ 0.01	$ 0.01
Reimbursement from an affiliated company for restricted shares granted to its employees | $								$ 279
2006 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
The period which the maximum aggregate number of ordinary shares that can be issued							10 years
Maximum aggregate number of ordinary shares that can be issued	100,000,000						100,000,000
Expiration term of awards granted							10 years
2006 Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options outstanding	0						0	0
Unrecognized compensation cost | $	$ 0						$ 0
2011 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
The period which the maximum aggregate number of ordinary shares that can be issued							10 years
Maximum aggregate number of ordinary shares that can be issued	100,000,000						100,000,000
The maximum percentage of issued share capital that can be issued for the share based awards plan upon shareholders' approval							10%
Expiration term of awards granted							10 years
Share-based compensation expenses including the capitalized portion | $							$ 10,343	$ 38,823	$ 53,466
2011 Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options outstanding	2,689,647						2,689,647	2,845,719
Unrecognized compensation cost | $	$ 16						$ 16
Exercise of share options (in shares)							14,094
Expiration term of awards granted							10 years
Weighted average grant date fair value | $ / shares							$ 0	$ 0	$ 2.28
Period of recognition of unrecognized compensation cost	3 months 7 days
Number of Share Options, Granted							0	0
Cancelled under Option Exchange Program			26,076,978
2011 Share Incentive Plan [Member] | Share options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested							2 years
2011 Share Incentive Plan [Member] | Share options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested							3 years
2011 Share Incentive Plan [Member] | Restricted shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of recognition of unrecognized compensation cost	3 months 7 days
Unrecognized compensation cost | $	$ 2,104						$ 2,104
Number of restricted shares, Granted					52,056		0	0
Number of restricted shares, Vested							5,760,885
Weighted average grant date fair value | $ / shares							$ 0	$ 0	$ 6.07
Deemed distribution to an affiliated company in respect of sharebased compensation | $								$ 143	$ 136
Unvested restricted shares	1,826,838						1,826,838	7,705,320
Reimbursement from an affiliated company for restricted shares granted to its employees | $								$ 279
2011 Share Incentive Plan [Member] | Restricted shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested					3 months				3 months
2011 Share Incentive Plan [Member] | Restricted shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested					12 months				3 years
2011 Share Incentive Plan [Member] | Restricted shares [Member] | 2020 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted shares, Granted						1,899,897
Number of restricted shares, Vested						1,899,897
2011 Share Incentive Plan [Member] | Restricted shares [Member] | Common Stock [Member] | 2020 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value | $ / shares						$ 6.6367
2011 Share Incentive Plan [Member] | Restricted shares [Member] | American Depository Shares [Member] | 2020 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value | $ / shares						$ 19.91
2021 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
The maximum percentage of issued share capital that can be issued for the share based awards plan upon shareholders' approval							10%
Remaining shares available for grant	104,653,941						104,653,941
Expiration term of awards granted							10 years
2021 Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options outstanding	5,451,327						5,451,327	5,360,526
Unrecognized compensation cost | $	$ 1,609						$ 1,609
Exercise of share options (in shares)							68,148
Expiration term of awards granted							10 years
Weighted average grant date fair value | $ / shares							$ 1.82	$ 0.94
Period of recognition of unrecognized compensation cost	1 year 2 months 26 days
Number of Share Options, Granted							158,949		0
2021 Share Incentive Plan [Member] | Share options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested							1 year
2021 Share Incentive Plan [Member] | Share options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested							3 years
2021 Share Incentive Plan [Member] | Share options [Member] | Replacement Share Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration term of awards granted				10 years
Weighted average grant date fair value | $ / shares			$ 0.82
Options granted under the Option Exchange Program			2,486,241
2021 Share Incentive Plan [Member] | Share options [Member] | Replacement Share Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested			1 year
2021 Share Incentive Plan [Member] | Share options [Member] | Replacement Share Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested			2 years
2021 Share Incentive Plan [Member] | Share options [Member] | Option Exchange Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Incremental share-based compensation expense | $								$ 3,306
2021 Share Incentive Plan [Member] | Restricted shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of recognition of unrecognized compensation cost	1 year 10 months 6 days
Unrecognized compensation cost | $	$ 32,510						$ 32,510
Number of restricted shares, Granted							11,086,512		0
Number of restricted shares, Vested							12,819,975
Weighted average grant date fair value | $ / shares							$ 4.12	$ 2.35
Unvested restricted shares	17,087,046						17,087,046	19,183,428
2021 Share Incentive Plan [Member] | Restricted shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested							5 months	5 months
2021 Share Incentive Plan [Member] | Restricted shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested							3 years	3 years
2021 Share Incentive Plan [Member] | Restricted shares [Member] | Replacement Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted under the Option Exchange Program			5,912,547
2021 Share Incentive Plan [Member] | Restricted shares [Member] | Replacement Restricted Shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested			1 year
2021 Share Incentive Plan [Member] | Restricted shares [Member] | Replacement Restricted Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested			2 years
2021 Share Incentive Plan [Member] | Restricted shares [Member] | 2021 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expenses including the capitalized portion | $									$ 10,929
Share-based compensation expenses capitalized in property and equipment | $									729
Number of restricted shares, Granted				4,578,543
Number of restricted shares, Vested				4,578,543
Deemed distribution to an affiliated company in respect of sharebased compensation | $									272
2021 Share Incentive Plan [Member] | Restricted shares [Member] | 2022 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expenses including the capitalized portion | $								$ 17,926
Share-based compensation expenses capitalized in property and equipment | $								680
Number of restricted shares, Granted		4,350,111
Number of restricted shares, Vested		4,350,111
2021 Share Incentive Plan [Member] | Restricted shares [Member] | Common Stock [Member] | 2021 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value | $ / shares				$ 2.47
2021 Share Incentive Plan [Member] | Restricted shares [Member] | Common Stock [Member] | 2022 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value | $ / shares		$ 4.13
2021 Share Incentive Plan [Member] | Restricted shares [Member] | American Depository Shares [Member] | 2021 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value | $ / shares				$ 7.4
2021 Share Incentive Plan [Member] | Restricted shares [Member] | American Depository Shares [Member] | 2022 Bonus [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value | $ / shares		$ 12.38
MRP Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum aggregate number of ordinary shares that can be issued	442,630,330						442,630,330
The maximum percentage of issued share capital that can be issued for the share based awards plan upon shareholders' approval							5%
Remaining shares available for grant	305						305
Expiration term of awards granted							10 years
Share-based compensation expenses including the capitalized portion | $							$ 0	0	108
Fair value gain or loss on remeasurement of liability associated with cash-settled share options and restricted shares | $							$ 0	$ 0	$ 0
MRP Share Incentive Plan [Member] | Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock Par value | (per share)										$ 0.02	₱ 1
Increased Common Stock par value | (per share)										$ 9,857	₱ 500,000
MRP Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options outstanding	0						0	0
Unrecognized compensation cost | $	$ 0						$ 0
Exercise of share options (in shares)							0	0	0
Cash paid to settle the cash-settled awards | $							$ 0	$ 0	$ 87
Number of Share Options, Granted							0	0	0
MRP Share Incentive Plan [Member] | Restricted shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost | $	$ 0						$ 0
Number of restricted shares, Granted							0	0	0
Cash paid to settle the cash-settled awards | $							$ 0	$ 0	$ 346
Unvested restricted shares	0						0	0
Melco International Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expenses including the capitalized portion | $							$ 0	$ 2,865	$ 6,641
Melco International Share Incentive Plan [Member] | Melco International Option Exchange Program [Member] | Melco International Replacement Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted under the Option Exchange Program				4,740,000
Melco International Share Incentive Plan [Member] | Melco International Option Exchange Program [Member] | Melco International Replacement Restricted Shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested				1 year
Melco International Share Incentive Plan [Member] | Melco International Option Exchange Program [Member] | Melco International Replacement Restricted Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of years the awards becomes vested				2 years
Melco International Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options outstanding								0
Melco International Share Incentive Plan [Member] | Share options [Member] | Melco International Option Exchange Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cancelled under Option Exchange Program				14,200,000

SHARE-BASED COMPENSATION - Info

SHARE-BASED COMPENSATION - Information for Share Options (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from the exercise of share options	$ 226	$ 0	$ 7,101
2006 Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from the exercise of share options	0	0	2,756
Intrinsic value of share options exercised	$ 0	$ 0	$ 7,370
2011 Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$ 0	$ 0	$ 2.28
Proceeds from the exercise of share options	$ 58	$ 0	$ 4,345
Intrinsic value of share options exercised	$ 7	$ 0	$ 1,655
2021 Share Incentive Plan [Member] | Share options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$ 1.82	$ 0.94
Proceeds from the exercise of share options	$ 168	$ 0
Intrinsic value of share options exercised	$ 120	$ 0

SHARE-BASED COMPENSATION - Summ

SHARE-BASED COMPENSATION - Summary of Assumptions Used to Estimate Fair Values of Stock Options (Detail)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
2011 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield			2.50%
Expected stock price volatility			45.46%
Risk-free interest rate			1%
Expected term (years)			5 years 7 months 6 days
2021 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	2.50%	2.50%
Expected stock price volatility	58.67%	51%
Risk-free interest rate	3.39%	2.69%
Expected term (years)	5 years 1 month 6 days	5 years 1 month 6 days
2021 Share Incentive Plan [Member] | Replacement Share Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield		2.50%
Expected stock price volatility		52.50%
Risk-free interest rate		2.75%
Expected term (years)		4 years 7 months 6 days

SHARE-BASED COMPENSATION - Su_2

SHARE-BASED COMPENSATION - Summary of Share Options Activity (Detail) - Share options [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
2011 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Share Options, Beginning Balance	2,845,719
Number of Share Options, Granted	0	0
Number of Share Options, Exercised	(14,094)
Number of Share Options, Forfeited or expired	(141,978)
Number of Share Options, Ending Balance	2,689,647	2,845,719
Number of Share Options, Fully vested and expected to vest	2,689,647
Number of Share Options, Exercisable	2,570,973
Weighted-Average Exercise Price, Beginning Balance	$ 5.89
Weighted-Average Exercise Price, Exercised	4.13
Weighted-Average Exercise Price, Forfeited or expired	5.42
Weighted-Average Exercise Price, Ending Balance	5.93	$ 5.89
Weighted-Average Exercise Price, Fully vested and expected to vest	5.93
Weighted-Average Exercise Price, Exercisable	$ 5.88
Weighted-Average Remaining Contractual Term, Outstanding	5 years 1 month 28 days
Weighted-Average Remaining Contractual Term, Fully vested and expected to vest	5 years 1 month 28 days
Weighted-Average Remaining Contractual Term, Exercisable	5 years 21 days
Aggregate Intrinsic Value, Outstanding	$ 0
Aggregate Intrinsic Value, Fully vested and expected to vest	0
Aggregate Intrinsic Value, Exercisable	$ 0
2021 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Share Options, Beginning Balance	5,360,526
Number of Share Options, Granted	158,949		0
Number of Share Options, Exercised	(68,148)
Number of Share Options, Ending Balance	5,451,327	5,360,526
Number of Share Options, Fully vested and expected to vest	5,451,327
Number of Share Options, Exercisable	2,133,066
Weighted-Average Exercise Price, Beginning Balance	$ 2.47
Weighted-Average Exercise Price, Granted	4.13
Weighted-Average Exercise Price, Exercised	2.47
Weighted-Average Exercise Price, Ending Balance	2.52	$ 2.47
Weighted-Average Exercise Price, Fully vested and expected to vest	2.52
Weighted-Average Exercise Price, Exercisable	$ 2.47
Weighted-Average Remaining Contractual Term, Outstanding	8 years 3 months 14 days
Weighted-Average Remaining Contractual Term, Fully vested and expected to vest	8 years 3 months 14 days
Weighted-Average Remaining Contractual Term, Exercisable	8 years 3 months 3 days
Aggregate Intrinsic Value, Outstanding	$ 2,593
Aggregate Intrinsic Value, Fully vested and expected to vest	2,593
Aggregate Intrinsic Value, Exercisable	$ 1,045

SHARE-BASED COMPENSATION - Su_3

SHARE-BASED COMPENSATION - Summary of Restricted Shares Activity (Detail) - Restricted shares [Member] - $ / shares		12 Months Ended
	Jul. 07, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
2011 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Restricted Shares, Unvested Beginning Balance		7,705,320
Number of Restricted Shares, Granted	52,056	0	0
Number of Restricted Shares, Vested		(5,760,885)
Number of Restricted Shares, Forfeited		(117,597)
Number of Restricted Shares, Unvested Ending Balance		1,826,838	7,705,320
Weighted-Average Grant Date Fair Value, Beginning Balance		$ 5.42
Weighted-Average Grant Date Fair Value, Granted		0	$ 0	$ 6.07
Weighted-Average Grant Date Fair Value, Vested		4.97
Weighted-Average Grant Date Fair Value, Forfeited		5.93
Weighted-Average Grant Date Fair Value, Ending Balance		$ 6.81	$ 5.42
2021 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Restricted Shares, Unvested Beginning Balance		19,183,428
Number of Restricted Shares, Granted		11,086,512		0
Number of Restricted Shares, Vested		(12,819,975)
Number of Restricted Shares, Forfeited		(362,919)
Number of Restricted Shares, Unvested Ending Balance		17,087,046	19,183,428
Weighted-Average Grant Date Fair Value, Beginning Balance		$ 2.33
Weighted-Average Grant Date Fair Value, Granted		4.12	$ 2.35
Weighted-Average Grant Date Fair Value, Vested		2.87
Weighted-Average Grant Date Fair Value, Forfeited		2.64
Weighted-Average Grant Date Fair Value, Ending Balance		$ 3.08	$ 2.33

SHARE-BASED COMPENSATION - In_2

SHARE-BASED COMPENSATION - Information for Restricted Shares (Detail) - Restricted shares [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
2011 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$ 0	$ 0	$ 6.07
Grant date fair value of restricted shares vested	$ 28,638	$ 54,424	$ 43,533
MRP Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value of restricted shares vested	$ 0	$ 0	$ 351
2021 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$ 4.12	$ 2.35
Grant date fair value of restricted shares vested	$ 36,732	$ 12,967

SHARE-BASED COMPENSATION - Impa

SHARE-BASED COMPENSATION - Impact of Share Options and Restricted Shares (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expenses	$ 36,435	$ 74,491	$ 71,144
Less: Share-based compensation expenses capitalized in property and equipment	(962)	(2,682)	(3,187)
Share-based compensation expenses recognized in general and administrative expenses	35,473	71,809	67,957
2011 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expenses	10,343	38,823	53,466
2021 Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expenses	26,092	32,803	10,929
MRP Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expenses	0	0	108
Melco International Share Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expenses	$ 0	$ 2,865	$ 6,641

EMPLOYEE BENEFIT PLANS - Additi

EMPLOYEE BENEFIT PLANS - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Contribution Plan Disclosure [Line Items]
Amount of employer contributions into the defined contribution retirement benefits schemes	$ 32,041	$ 26,688	$ 26,984
Maximum [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan employee vesting period from date of employment	10 years

DISTRIBUTION OF PROFITS - Addit

DISTRIBUTION OF PROFITS - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Reserve Quantities [Line Items]
Aggregate balance of legal reserves	$ 31,525	$ 31,524
Company Type One [Member]
Reserve Quantities [Line Items]
Allocation of profit after tax to legal reserve, minimum percentage	10%
Percentage of share capital as the limit of allocation of profit after tax to legal reserve	25%
Company Type Two [Member]
Reserve Quantities [Line Items]
Allocation of profit after tax to legal reserve, minimum percentage	25%
Percentage of share capital as the limit of allocation of profit after tax to legal reserve	50%

DIVIDENDS - Additional Informat

DIVIDENDS - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Dividends [Line Items]
Dividends	$ 0	$ 0	$ 0
The period that the quarterly dividend program was suspended	2020-05

REGULAR LICENSE, COOPERATION _2

REGULAR LICENSE, COOPERATION AGREEMENT, OPERATING AGREEMENT AND MRP LEASE AGREEMENT FOR CITY OF DREAMS MANILA - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2023
Provisional License [Member]
Agreements [Line Items]
Effective date of agreement	Mar. 13, 2013
Expected expiry date of agreement	Jul. 11, 2033
Regular License [Member]
Agreements [Line Items]
Date of agreement	Apr. 29, 2015
Expected expiry date of agreement	Jul. 11, 2033
Cooperation Agreement [Member]
Agreements [Line Items]
Effective date of agreement	Mar. 13, 2013
Expected expiry date of agreement	Jul. 11, 2033
Operating Agreement [Member]
Agreements [Line Items]
Effective date of agreement	Mar. 13, 2013
Expected expiry date of agreement	Jul. 11, 2033
Date of supplemental agreement adjusting monthly payments from 2019 to 2022	Mar. 22, 2021
MRP Lease Agreement [Member]
Agreements [Line Items]
Effective date of agreement	Mar. 13, 2013
Expected expiry date of agreement	Jul. 11, 2033
Date of supplemental agreement adjusting rental payments for 2020 and 2021	Mar. 22, 2021
Date of the second supplemental agreement adjusting rental payments from 2022 to 2033	Oct. 31, 2022
Date of the first supplemental agreement adjusting rental payments from 2022 to 2033	Aug. 19, 2022

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information -Capital Commitments (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Capital commitments	$ 51,938

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Additional Information - Other Commitments - Concession (Detail) - Gaming Concession Agreement [Member] MOP$ in Thousands, $ in Thousands			12 Months Ended
	Dec. 16, 2022 MOP (MOP$)	Dec. 16, 2022 USD ($)	Dec. 31, 2023 MOP (MOP$)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 16, 2022 USD ($)
Commitments and Contingencies [Line Items]
Incremental non-gaming investment after the Incremental Investment Trigger was reached			MOP$ 2003000	$ 248,940
Total committed non-gaming investment after the Incremental Investment Trigger was reached			12,011,000	1,492,769
Total committed investment after the incremental investment trigger was reached			13,826,700	1,718,431
Total investment in gaming and non-gaming related projects			1,330,971		$ 165,418
Special Premiium	the difference between the amount of the special gaming tax paid by Melco Resorts Macau and the amount that would be paid under the annual minimum set average gross gaming revenue for gaming tables and electronic gaming machines	the difference between the amount of the special gaming tax paid by Melco Resorts Macau and the amount that would be paid under the annual minimum set average gross gaming revenue for gaming tables and electronic gaming machines
Total committed investment amount including gaming and non-gaming related projects	MOP$ 11823700	$ 1,469,491
Total committed investment amount for non-gaming related projects	10,008,000	1,243,829
Incremental non-gaming investment in case the Incremental Investment Trigger is reached	2,003,000	248,940
Incremental Investment Trigger	MOP$ 180000000	$ 22,371,034
The approximate percentage of the initial committed non-gaming investment as incremental non-gaming investment in case the Incremental Investment Trigger is reached	20%	20%
Percentage of guarantee amount payable to bank	0.03%	0.03%
Amount that Macau's annual gross gaming revenue exceeded			MOP$ 180000000	$ 22,371,034
Gaming Table [Member]
Commitments and Contingencies [Line Items]
The annual minimum amount of average gross gaming revenue that needs to be reached otherwise triggers a special premium	MOP$ 7000	$ 870
Urban Development, Touristic Promotion and Social Security [Member]
Commitments and Contingencies [Line Items]
Percentage of contributions of gross gaming revenue on a monthly basis	3%	3%
Public Fund [Member]
Commitments and Contingencies [Line Items]
Percentage of contributions of gross gaming revenue on a monthly basis	2%	2%
Electronic Gaming Machine [Member]
Commitments and Contingencies [Line Items]
The annual minimum amount of average gross gaming revenue that needs to be reached otherwise triggers a special premium	MOP$ 300	$ 37
Special gaming tax [Member]
Commitments and Contingencies [Line Items]
Percentage of gross gaming revenues on a monthly basis	35%	35%
Guarantee until the 180th day after the earlier of the expiration or termination of the gaming concession [Member]
Commitments and Contingencies [Line Items]
Maximum beneficiary amount	MOP$ 1000000					$ 124,284

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES - Additional Information - Other Commitments - Regular License Philippines (Detail) ₱ in Thousands, $ in Thousands			12 Months Ended
	Mar. 15, 2022 PHP (₱)	Mar. 15, 2022 USD ($)	Dec. 31, 2023 PHP (₱)	Dec. 31, 2023 USD ($)
Commitments And Contingencies [Line Items]
Cultural heritage fee percentage of casino revenues generated from non-junket operation tables payable to a foundation			2%	2%
Additional fee percentage on non-gaming revenues payable to PAGCOR			5%	5%
Grounds for revocation of the regular license - Number of days of failing to remit the license fees upon the receipt of notice of default			30 days	30 days
Grounds for revocation of the regular license - Exceeding the Debt-to-equity ratio			2.33	2.33
Melco Resorts Leisure (PHP) Corporation [Member]
Commitments And Contingencies [Line Items]
Franchise tax on the gross revenue or earnings			5%	5%
PAGCOR [Member]
Commitments And Contingencies [Line Items]
Amount of surety bond required to ensure prompt and punctual remittance/payment of license fees			₱ 100,000	$ 1,800
High Roller Tables [Member]
Commitments And Contingencies [Line Items]
Monthly license fees range as a percentage of gross gaming revenue payable to PAGCOR			15%	15%
Non-High Roller Tables [Member]
Commitments And Contingencies [Line Items]
Monthly license fees range as a percentage of gross gaming revenue payable to PAGCOR			25%	25%
The period that the monthly minimum guarantee fee on certain games discontinued			June 2022	June 2022
The date that the monthly minimum guarantee fee on certain games reinstated			March 2, 2023	March 2, 2023
Monthly minimum guarantee fee on certain games	₱ 300	$ 5
Slot Machines And Electronic Gaming Machines [Member]
Commitments And Contingencies [Line Items]
Monthly license fees range as a percentage of gross gaming revenue payable to PAGCOR			25%	25%
Junket Operation [Member]
Commitments And Contingencies [Line Items]
Monthly license fees range as a percentage of gross gaming revenue payable to PAGCOR			15%	15%

COMMITMENTS AND CONTINGENCIES_4

COMMITMENTS AND CONTINGENCIES - Additional Information - Guarantees (Detail) ₱ in Thousands, $ in Thousands, $ in Thousands	1 Months Ended		12 Months Ended
	Oct. 31, 2013 USD ($)	Oct. 31, 2013 HKD ($)	Dec. 31, 2023 PHP (₱) Agreement	Dec. 31, 2023 USD ($) Agreement
PAGCOR [Member]
Commitments And Contingencies [Line Items]
Amount of surety bond required to ensure prompt and punctual remittance/payment of license fees			₱ 100,000	$ 1,800
City of Dreams [Member]
Commitments And Contingencies [Line Items]
Number of deeds of guarantee with third parties | Agreement			2	2
Aggregate amount of deeds of guarantee with third parties to guarantee certain payment obligations				$ 35,000
Studio City [Member] | Trade Credit Facility [Member]
Commitments And Contingencies [Line Items]
Amount entered with a bank to meet certain payment obligations	$ 25,602	$ 200,000
Credit facility utilized				$ 640
Credit facility, maturity date			Aug. 31, 2023	Aug. 31, 2023
Studio City [Member] | Trade Credit Facility [Member] | Extended Maturity [Member]
Commitments And Contingencies [Line Items]
Credit facility, maturity date			Aug. 31, 2025	Aug. 31, 2025

COMMITMENTS AND CONTINGENCIES_5

COMMITMENTS AND CONTINGENCIES - Additional Information - Other Commitments - Gaming License in Cyprus (Detail)	Dec. 31, 2023
Cyprus License Agreement [Member]
Commitments and Contingencies [Line Items]
Percentage of gross gaming revenues as the casino tax during the exclusive period	15%

COMMITMENTS AND CONTINGENCIES_6

COMMITMENTS AND CONTINGENCIES - Additional Information - Litigation (Detail) $ in Thousands, $ in Thousands	Dec. 07, 2021 AUD ($)	Dec. 07, 2021 USD ($)
Commitments And Contingencies [Line Items]
Amount sought by the other party in a litigation	$ 3,676	$ 2,664
The date a settlement deed was entered	Jul. 24, 2023	Jul. 24, 2023

RELATED PARTY TRANSACTIONS - Sc

RELATED PARTY TRANSACTIONS - Schedule of Significant Related Party Transactions (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Costs and expenses (services provided to the Company):
Share-based compensation expenses		$ 35,473	$ 71,809	$ 67,957
Melco International and its Subsidiaries [Member] | Transactions with affiliated companies [Member]
Revenues and income (services provided by the Company):
Shared service fee income for corporate office		2,198	2,188	1,345
Loan interest income		1,238	16,133	0
Costs and expenses (services provided to the Company):
Management fee expenses	[1]	2,182	1,394	1,749
Share-based compensation expenses	[2]	$ 0	$ 2,865	$ 6,641
[1]The amount mainly represents management fee expenses for the services provided by the senior management of Melco International and for the operation of the office of Melco’s Chief Executive Officer.[2]The amount represents the share-based compensation expenses related to the grant of certain share-based awards under the Melco International Share Incentive Plan to an employee of the Company. Further information on the share-based compensation arrangements is included in Note 16.

RELATED PARTY TRANSACTIONS - Ad

RELATED PARTY TRANSACTIONS - Additional Information (Detail) - USD ($) $ in Thousands				12 Months Ended
	Nov. 01, 2023	Jan. 18, 2023	Mar. 28, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jul. 15, 2020
Related Party Transaction [Line Items]
Debt principal amount				$ 7,499,771	$ 8,449,459
Interest Expense, Related Party				492,391	376,722	$ 350,544
2020 6.000% SC Notes, due 2025 [Member] | Senior Notes [Member]
Related Party Transaction [Line Items]
Debt principal amount				397,000			$ 500,000
Independent Director of Melco [Member] | Senior Notes [Member]
Related Party Transaction [Line Items]
Debt principal amount				7,591	8,500
Interest Expense, Related Party				519	497	316
Independent Director of Melco [Member] | 2020 6.000% SC Notes, due 2025 [Member]
Related Party Transaction [Line Items]
Debt Instrument, Repurchased Face Amount	$ 909
Consideration paid on tender offer	$ 886
Lawrence Yau Lung Ho and his controlled entity [Member] | Senior Notes [Member]
Related Party Transaction [Line Items]
Debt principal amount				60,000	60,000
Interest Expense, Related Party				$ 3,300	3,300	$ 4,494
Melco International [Member] | Facility Agreement [Member]
Related Party Transaction [Line Items]
Proceeds from repayments of loans to an affiliated company		$ 200,000
Receivable face amount			$ 250,000
Related party transaction rate			11%
Loans receivable related party					$ 200,000

RELATED PARTY TRANSACTIONS - Su

RELATED PARTY TRANSACTIONS - Summary of Payables to Affiliated Companies (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Payables to Affiliated Companies	$ 377	$ 761
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Melco International and its subsidiaries | Transactions with affiliated companies [Member]
Related Party Transaction [Line Items]
Payables to Affiliated Companies	$ 377	$ 761
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]

RELATED PARTY TRANSACTIONS - _2

RELATED PARTY TRANSACTIONS - Summary of Receivables from Affiliated Companies (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Amounts due from affiliated companies	$ 797	$ 630
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Melco International and its subsidiaries and joint venture [Member] | Transactions with affiliated companies [Member]
Related Party Transaction [Line Items]
Amounts due from affiliated companies	$ 728	$ 563
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Other [Member] | Transactions with affiliated companies [Member]
Related Party Transaction [Line Items]
Amounts due from affiliated companies	$ 69	$ 67
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]

SEGMENT INFORMATION - Additiona

SEGMENT INFORMATION - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) Region	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Segment Reporting Information [Line Items]
Total assets	$ 8,335,072	$ 9,301,784	$ 8,883,690
Operating revenues	3,775,247	1,349,977	2,012,356
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total assets	535,179	1,426,331	856,991
Operating revenues	$ 3,429	$ 17,645	30,773
Corporate and Other [Member] | Grand Dragon Casino [Member]
Segment Reporting Information [Line Items]
Total assets			4,966
Operating revenues			$ 24,189
Geographic [Member]
Segment Reporting Information [Line Items]
Number of geographic areas | Region	3

SEGMENT INFORMATION - Total Ass

SEGMENT INFORMATION - Total Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total consolidated assets	$ 8,335,072	$ 9,301,784	$ 8,883,690
Macau [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	6,638,849	6,928,211	6,998,134
Mocha and Other [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	135,256	122,499	121,214
Altira Macau [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	77,631	239,575	266,161
City of Dreams [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	2,720,571	2,641,875	2,942,233
Studio City [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	3,705,391	3,924,262	3,668,526
City of Dreams Manila [Member] | The Philippines [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	418,594	381,579	576,794
City of Dreams Mediterranean and Other [Member] | Cyprus [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	742,450	565,663	451,771
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total consolidated assets	$ 535,179	$ 1,426,331	$ 856,991

SEGMENT INFORMATION - Capital E

SEGMENT INFORMATION - Capital Expenditures (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total capital expenditures	$ 252,490	$ 598,414	$ 782,150
Macau [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	104,193	456,053	565,794
Mocha and Other [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	4,590	1,704	1,368
Altira Macau [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	3,892	3,303	6,123
City of Dreams [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	22,259	21,684	52,520
Studio City [Member] | Macau [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	73,452	429,362	505,783
City of Dreams Manila [Member] | The Philippines [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	24,970	4,986	22,912
City of Dreams Mediterranean and Other [Member] | Cyprus [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	108,214	131,419	186,361
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	$ 15,113	$ 5,956	$ 7,083

SEGMENT INFORMATION - Results o

SEGMENT INFORMATION - Results of Operations (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating revenues
Total operating revenues		$ 3,775,247	$ 1,349,977	$ 2,012,356
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	1,042,064	569	235,099
Operating costs and expenses:
Payments to the Philippine Parties		(42,451)	(28,894)	(26,371)
Pre-opening costs		(43,994)	(15,585)	(4,157)
Development costs		(1,202)	0	(30,677)
Amortization of gaming subconcession		0	(32,785)	(57,276)
Amortization of land use rights		(22,670)	(22,662)	(22,832)
Depreciation and amortization		(520,726)	(466,492)	(499,739)
Land rent to Belle		(1,911)	(2,318)	(2,848)
Share-based compensation		(35,473)	(71,809)	(67,957)
Property charges and other		(228,437)	(39,982)	(30,575)
Corporate and Other expenses		(80,241)	(63,147)	(70,118)
Total operating costs and expenses		(977,105)	(743,674)	(812,550)
Operating income (loss)		64,959	(743,105)	(577,451)
Non-operating income (expenses):
Interest income		23,305	26,458	6,618
Interest expense, net of amounts capitalized		(492,391)	(376,722)	(350,544)
Other financing costs		(4,372)	(6,396)	(11,033)
Foreign exchange gains, net		2,232	3,904	4,566
Other income, net		2,748	3,930	3,082
Gain (loss) on extinguishment of debt		1,611	0	(28,817)
Total non-operating expenses, net		(466,867)	(348,826)	(376,128)
Loss before income tax		(401,908)	(1,091,931)	(953,579)
Income tax expense		(13,422)	(5,236)	(2,885)
Net loss		(415,330)	(1,097,167)	(956,464)
Net loss attributable to noncontrolling interests		88,410	166,641	144,713
Net loss attributable to Melco Resorts & Entertainment Limited		(326,920)	(930,526)	(811,751)
Corporate and Other [Member]
Operating revenues
Total operating revenues		3,429	17,645	30,773
Macau [Member]
Operating revenues
Total operating revenues		3,117,362	844,685	1,660,355
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	809,112	(170,053)	144,544
Macau [Member] | Mocha and Other [Member]
Operating revenues
Total operating revenues		117,700	76,403	84,954
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	27,286	10,291	17,054
Macau [Member] | Altira Macau [Member]
Operating revenues
Total operating revenues		110,825	32,615	56,205
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	(1,277)	(43,020)	(53,974)
Macau [Member] | City of Dreams [Member]
Operating revenues
Total operating revenues		1,930,483	559,684	1,146,919
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	576,313	(32,160)	201,954
Macau [Member] | Studio City [Member]
Operating revenues
Total operating revenues		958,354	175,983	372,277
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	206,790	(105,164)	(20,490)
The Philippines [Member] | City of Dreams Manila [Member]
Operating revenues
Total operating revenues		495,097	396,392	268,597
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	205,452	146,926	88,962
Cyprus [Member] | City of Dreams Mediterranean and Other [Member]
Operating revenues
Total operating revenues		159,359	91,255	52,631
Adjusted property EBITDA
Total adjusted property EBITDA	[1]	$ 27,500	$ 23,696	$ 1,593
[1]“Adjusted property EBITDA” is net loss before interest, taxes, depreciation, amortization, pre-opening costs, development costs, property charges and other, share-based compensation, payments to the Philippine Parties, land rent to Belle, Corporate and Other expenses, and other non-operating income and expenses. The Company uses Adjusted property EBITDA to measure the operating performance of Mocha and Other, Altira Macau, City of Dreams, Studio City, City of Dreams Manila and City of Dreams Mediterranean and Other and to compare the operating performance of its properties with those of its competitors.

SEGMENT INFORMATION - Long-Live

SEGMENT INFORMATION - Long-Lived Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Long-lived Assets [Line Items]
Total long-lived assets	$ 6,565,366	$ 6,725,708	$ 6,833,633
Macau [Member]
Long-lived Assets [Line Items]
Total long-lived assets	5,752,786	6,068,502	6,080,616
The Philippines [Member]
Long-lived Assets [Line Items]
Total long-lived assets	118,495	141,765	341,307
Cyprus [Member]
Long-lived Assets [Line Items]
Total long-lived assets	663,633	485,570	378,738
Hong Kong and other foreign countries [Member]
Long-lived Assets [Line Items]
Total long-lived assets	$ 30,452	$ 29,871	$ 32,972

CHANGES IN SHAREHOLDINGS OF S_3

CHANGES IN SHAREHOLDINGS OF SUBSIDIARIES - Additional Information (Detail) ₱ / shares in Units, $ / shares in Units, ₱ in Thousands, $ in Thousands		2 Months Ended	12 Months Ended
	Jun. 05, 2020 ₱ / shares	Mar. 31, 2022 USD ($) shares	Dec. 31, 2023 PHP (₱) ₱ / shares shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 PHP (₱) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 PHP (₱) shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2023 $ / shares	Jun. 05, 2020 $ / shares
Studio City [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Increase in additional paid-in capital resulting from the private placements				$ 0		$ 879		$ 0
Studio City [Member] | 2022 Private Placement [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Proceeds from Issuance of Private Placement		$ 300,000
Increase in additional paid-in capital resulting from the private placements		879
Proceeds from Noncontrolling Interests		$ 134,944
Studio City [Member] | Class A Ordinary Shares [Member] | 2022 Private Placement [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Stock issued during period, shares | shares		400,000,000
Melco Resorts and Entertainment (Philippines) [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of original common shares representing one Whole Share after the Reverse Stock Split | shares			500,000	500,000
Stock purchased During Period, Shares | shares			10.111	10.111	50.906	50.906	123.103	123.103
Consideration of stock purchased			₱ 36,651	$ 671	₱ 175,173	$ 3,310	₱ 440,032	$ 8,518
Decrease in additional paid-in capital resulting from stock purchased from noncontrolling interest				$ 582		$ 2,952		$ 6,951
Melco Resorts and Entertainment (Philippines) [Member] | Before Reverse Stock Split [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Share price | (per share)			₱ 1						$ 0.02
Melco Resorts and Entertainment (Philippines) [Member] | Fractional Share Elimination Plan [Member]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Share price | (per share)	₱ 7.25									$ 0.14
Duration of the plan (in years)	2 years
Extended period of the plan			August 15, 2022 to November 15, 2022	August 15, 2022 to November 15, 2022
Expiry date of the plan	June 4, 2022

CHANGES IN SHAREHOLDINGS OF S_4

CHANGES IN SHAREHOLDINGS OF SUBSIDIARIES - Effects of Changes in Company's Ownership Interest (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Net loss attributable to Melco Resorts & Entertainment Limited	$ (326,920)	$ (930,526)	$ (811,751)
Transfers (to) from noncontrolling interests:
Changes from net loss attributable to Melco Resorts & Entertainment Limited's shareholders and transfers from noncontrolling interests	(327,502)	(932,599)	(818,702)
Melco Resorts and Entertainment (Philippines) [Member]
Transfers (to) from noncontrolling interests:
Decrease in additional paid-in capital resulting from purchases of common shares of MRP from the open market	(582)	(2,952)	(6,951)
Studio City [Member]
Transfers (to) from noncontrolling interests:
Increase in additional paid-in capital resulting from the private placements	$ 0	$ 879	$ 0

ADDITIONAL INFORMATION - FINA_2

ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY - BALANCE SHEETS (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,310,715	$ 1,812,729
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Receivables from affiliated companies	$ 797	$ 630
Prepaid expenses and other current assets	111,688	119,410
Total current assets	$ 1,544,292	$ 2,074,672
Other Receivable, after Allowance for Credit Loss, Noncurrent, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Receivables from an affiliated company	$ 0	$ 216,333
Total assets	8,335,072	9,301,784	$ 8,883,690
Current liabilities:
Accrued expenses and other current liabilities	1,008,316	809,305
Income tax payable	$ 28,183	$ 11,610
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Payables to an affiliated company	$ 377	$ 761
Total current liabilities	1,103,620	1,198,626
Other long-term liabilities	322,591	33,712
Total liabilities	9,175,122	9,616,146
Shareholders' deficit:
Ordinary shares, par value $0.01; 7,300,000,000 shares authorized; 1,404,679,067 and 1,445,052,143 shares issued; 1,311,270,775 and 1,335,307,327 shares outstanding, respectively	14,047	14,451
Treasury shares, at cost; 93,408,292 and 109,744,816 shares, respectively	(255,068)	(241,750)
Additional paid-in capital	3,109,212	3,218,895
Accumulated other comprehensive losses	(98,599)	(111,969)
Accumulated losses	(4,056,872)	(3,729,952)
Total shareholders' deficit	(1,287,280)	(850,325)
Total liabilities and shareholders' deficit	8,335,072	9,301,784
Parent Company [Member]
Current assets:
Cash and cash equivalents	$ 61,345	$ 7,407
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Receivables from affiliated companies	$ 1,064	$ 779
Receivables from subsidiaries	198,910	157,737
Prepaid expenses and other current assets	8,619	9,527
Total current assets	269,938	175,450
Investments in subsidiaries	$ 0	$ 423,520
Other Receivable, after Allowance for Credit Loss, Noncurrent, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Receivables from an affiliated company	$ 0	$ 216,333
Receivables from subsidiary	673,729	165,056
Total assets	943,667	980,359
Current liabilities:
Accrued expenses and other current liabilities	7,954	26,811
Income tax payable	$ 12,536	$ 1,417
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Payables to an affiliated company	$ 103	$ 75
Payables to subsidiaries	268,656	260,720
Total current liabilities	289,249	289,023
Other long-term liabilities	54	227
Payables to subsidiaries	1,430,195	1,541,434
Investments deficit in subsidiaries	511,449	0
Total liabilities	2,230,947	1,830,684
Shareholders' deficit:
Ordinary shares, par value $0.01; 7,300,000,000 shares authorized; 1,404,679,067 and 1,445,052,143 shares issued; 1,311,270,775 and 1,335,307,327 shares outstanding, respectively	14,047	14,451
Treasury shares, at cost; 93,408,292 and 109,744,816 shares, respectively	(255,068)	(241,750)
Additional paid-in capital	3,109,212	3,218,895
Accumulated other comprehensive losses	(98,599)	(111,969)
Accumulated losses	(4,056,872)	(3,729,952)
Total shareholders' deficit	(1,287,280)	(850,325)
Total liabilities and shareholders' deficit	$ 943,667	$ 980,359

ADDITIONAL INFORMATION - FINA_3

ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY - BALANCE SHEETS (Detail) (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Condensed Balance Sheet Statements, Captions [Line Items]
Ordinary shares, par value	$ 0.01	$ 0.01
Ordinary shares, authorized	7,300,000,000	7,300,000,000
Ordinary shares, issued	1,404,679,067	1,445,052,143
Ordinary shares, outstanding	1,311,270,775	1,335,307,327
Treasury shares, shares	93,408,292	109,744,816
Parent Company [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Ordinary shares, par value	$ 0.01	$ 0.01
Ordinary shares, authorized	7,300,000,000	7,300,000,000
Ordinary shares, issued	1,404,679,067	1,445,052,143
Ordinary shares, outstanding	1,311,270,775	1,335,307,327
Treasury shares, shares	93,408,292	109,744,816

ADDITIONAL INFORMATION - FINA_4

ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY - STATEMENTS OF OPERATIONS (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Income Statements, Captions [Line Items]
Operating revenues	$ 3,775,247	$ 1,349,977	$ 2,012,356
Operating costs and expenses:
General and administrative	(488,127)	(423,225)	(426,407)
Development costs	(1,202)	0	(30,677)
Property charges and other	(228,437)	(39,982)	(30,575)
Total operating costs and expenses	(3,710,288)	(2,093,082)	(2,589,807)
Operating income (loss)	64,959	(743,105)	(577,451)
Non-operating income (expenses):
Interest income	23,305	26,458	6,618
Interest expense	(492,391)	(376,722)	(350,544)
Foreign exchange gains, net	2,232	3,904	4,566
Other income, net	2,748	3,930	3,082
Total non-operating expenses, net	(466,867)	(348,826)	(376,128)
Loss before income tax	(401,908)	(1,091,931)	(953,579)
Income tax expense	(13,422)	(5,236)	(2,885)
Net loss	(415,330)	(1,097,167)	(956,464)
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Operating revenues	84,130	15,340	9,547
Operating costs and expenses:
General and administrative	(34,342)	(50,532)	(51,285)
Development costs	0	0	(32,000)
Property charges and other	(1,244)	(406)	(956)
Total operating costs and expenses	(35,586)	(50,938)	(84,241)
Operating income (loss)	48,544	(35,598)	(74,694)
Non-operating income (expenses):
Interest income	4,991	16,151	20
Interest expense	(19,366)	(3,165)	0
Foreign exchange gains, net	1,496	7,437	6,211
Other income, net	7,302	11,220	15,092
Share of results of subsidiaries	(358,767)	(922,771)	(755,678)
Total non-operating expenses, net	(364,344)	(891,128)	(734,355)
Loss before income tax	(315,800)	(926,726)	(809,049)
Income tax expense	(11,120)	(3,800)	(2,702)
Net loss	$ (326,920)	$ (930,526)	$ (811,751)

ADDITIONAL INFORMATION - FINA_5

ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY - COMPREHENSIVE LOSS (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Statement of Income Captions [Line Items]
Net loss	$ (415,330)	$ (1,097,167)	$ (956,464)
Other comprehensive income (loss):
Other comprehensive income (loss)	13,310	(41,082)	(78,992)
Total comprehensive loss	(313,550)	(966,487)	(876,427)
Parent Company [Member]
Condensed Statement of Income Captions [Line Items]
Net loss	(326,920)	(930,526)	(811,751)
Other comprehensive income (loss):
Foreign currency translation adjustments	13,370	(35,961)	(64,676)
Other comprehensive income (loss)	13,370	(35,961)	(64,676)
Total comprehensive loss	$ (313,550)	$ (966,487)	$ (876,427)

ADDITIONAL INFORMATION - FINA_6

ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY - CASH FLOWS (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$ 622,690	$ (619,434)	$ (268,774)
Cash flows from investing activities:
Proceeds from loan repayment from an affiliated company	200,000	0	0
Payment of loan to an affiliated company	0	(200,000)	0
Net cash used in investing activities	(48,513)	(806,107)	(674,551)
Cash flows from financing activities:
Repurchase of shares	(169,836)	(189,161)	(52,026)
Proceeds from exercise of share options	226	0	7,101
Net cash (used in) provided by financing activities	(1,129,124)	1,783,285	821,745
Increase (decrease) in cash and cash equivalents	(552,621)	335,142	(102,221)
Cash, cash equivalents and restricted cash at beginning of year	1,988,457	1,653,315	1,755,770
Cash, cash equivalents and restricted cash at end of year	1,435,836	1,988,457	1,653,315
Parent Company [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	70,894	86,252	(21,401)
Cash flows from investing activities:
Payments of advances to subsidiaries	(528,794)	(215,613)	(20,005)
Proceeds from advances repayment from subsidiaries	75,041	0	0
Proceeds from loan repayment from an affiliated company	200,000	0	0
Proceeds from transfer of intangible asset	519,000	0	0
Payment of loan to an affiliated company	0	(200,000)	0
Net cash used in investing activities	265,247	(415,613)	(20,005)
Cash flows from financing activities:
Repayments of loans or advances from subsidiaries	(270,593)	0	0
Repurchase of shares	(169,836)	(189,161)	(52,026)
Proceeds from loans or advances from subsidiaries	158,000	521,860	54,187
Proceeds from exercise of share options	226	0	7,101
Net cash (used in) provided by financing activities	(282,203)	332,699	9,262
Increase (decrease) in cash and cash equivalents	53,938	3,338	(32,144)
Cash, cash equivalents and restricted cash at beginning of year	7,407	4,069	36,213
Cash, cash equivalents and restricted cash at end of year	61,345	7,407	4,069
Supplemental cash flow disclosures:
Assignment of advance to subsidiary to offset with advance from subsidiary	0	0	235,897
Capitalization of advance to subsidiary as investment in subsidiary	$ 0	$ 0	$ 235,897

ADDITIONAL INFORMATION - FINA_7

ADDITIONAL INFORMATION - FINANCIAL STATEMENT SCHEDULE 1 FINANCIAL INFORMATION OF PARENT COMPANY - NOTES TO FINANCIAL STATEMENT SCHEDULE 1 - Additional Information (Detail) - Parent Company [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Condensed Financial Statements, Captions [Line Items]
Net assets restricted from distribution	$ 740,000
Cash dividend received	$ 0	$ 0	$ 0
Minimum [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage threshold of restricted net assets of consolidated and unconsolidated subsidiaries	25%