Melco Resorts and Entertainment Ltd (MLCO)

[marirstk]

Why EGT is going to go up? Here is my another reason why?

Also why i am posting here because EGT is a subsidiary of MELCO Crown (MPEL) - owns approximately 40% of EGT.


EGT's major source of revenue comes from Naga World. . EGM's contribute a major share of Naga World's business. Are you getting my message?

Naga World trades under the ticker 3918.HK. This stock has doubled in last 6 months. So you can see where i am coming. Naga World business is booming. So EGT's revenue from Naga world is booming too. It's a revenue sharing deal (25% of revenue goes to EGT). So the results are going to be great in the months and quarter's ahead.

Naga World Ticker

About Naga World:

Today, NagaWorld® is recognized as the finest integrated casino-hotel in Indochina, rivalling top Southeast Asian and world-renowned casinos. With a multi-faceted 8-storey wing dedicated to entertainment, the spirit of adventure is effervescent in the exquisitely themed public gaming halls, karaoke lounges and gaming machines. The combined offering of more than 500 luxurious Deluxe Rooms and plush Suites in the 14-storey Hotel Wing and a dedicated spa, you will enjoy lavish comforts and an invigorating time of discovery that extend beyond the norm.