Melco Resorts & Entertainment Named Top Gaming Operator at International Gaming Awards 2018

MACAU, Feb. 08, 2018 -- Melco Resorts & Entertainment (Nasdaq:MLCO) has been awarded Gaming Operator of the Year, Australia & Asia at the International Gaming Awards (IGA) 2018. Melco is the developer, owner and operator of integrated casino gaming and entertainment resort facilities, whose business operations include City of Dreams Macau, Studio City, City of Dreams Manila, Altira Macau and Mocha Clubs.

Ms. Akiko Takahashi, Executive Vice President, Chief Officer of Human Resources and Corporate Social Responsibility, Melco, accepted the prestigious award on behalf of the company at the 11th IGA held in London, United Kingdom. Among hundreds of casino resorts and gaming operators worldwide, Melco was shortlisted for and awarded the grand prize of Gaming Operator of the Year, Australia & Asia, dedicated to the recognition of the gaming operator with a consistent and decisive market domination within the region.

Melco's properties garnered the judging panel's accolade for achievements in bringing vision, originality and vitality to the gaming sector, each of which are closely aligned with the company's mission to deliver one-of-a-kind, world-class integrated resort concepts to international gamers and tourists. Pioneering concepts brought to Asia by Melco include The House of Dancing Water, the world's largest water-based show located at City of Dreams, Macau; and the iconic "Golden Reel" gondola ride at Studio City, which stands as the world's highest figure of eight Ferris wheel and many more.

Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco Resorts & Entertainment, said, "The esteemed award from the IGA is a testament to Melco's tireless efforts to deliver unrivalled and innovative gaming resort services. The award is especially significant to us for its close alignment to Melco's mission: To shape the future of gaming and entertainment in Asia and beyond. I would like to express my heartfelt thanks to the IGA 2018, as Melco looks forward to the opening of Morpheus, at our flagship integrated resort City of Dreams, this year to further elevate gaming and entertainment industry standards and better serve our valued clientele."

The IGA is a prominent and highly-regarded event supported by well-renowned industry insiders and gaming clients to recognize excellence across a breadth of categories in the gaming industry.

Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Melco Resorts & Entertainment Limited (the "Company") may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the gaming market and visitations in Macau and the Philippines, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) gaming authority and other governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "target", "aim", "estimate", "intend", "plan", "believe", "potential", "continue", "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.

About Melco Resorts & Entertainment Limited
The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia. The Company currently operates Altira Macau (www.altiramacau.com), a casino hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban casino resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated entertainment, retail and gaming resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreams.com.ph), a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila. For more information about the Company, please visit www.melco-resorts.com.

The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.