{"id":312688,"date":"2024-03-02T11:45:55","date_gmt":"2024-03-02T17:45:55","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=312688"},"modified":"2024-03-04T12:23:37","modified_gmt":"2024-03-04T18:23:37","slug":"melco-resorts-lawrence-ho-says-lost-macau-share","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/melco-resorts-lawrence-ho-says-lost-macau-share\/","title":{"rendered":"Melco Resorts’ Lawrence Ho: Company “Cut Too Deep,” Lost Macau Market Share"},"content":{"rendered":"
Melco Resorts founder, Chairman and CEO Lawrence Ho told investors this week that the casino company “cut too deep” regarding operational overhead amid its emergence from the COVID-19 pandemic in Macau. That led to market share losses in the Chinese enclave.<\/p>\n