Key Takeaways MLCO beat Q1 earnings and revenue estimates, driven by surging mass gaming and peak-period tourism. CEO cites property upgrades and experiential focus, not just recovery, as key top-line growth drivers. MLCO trades at a discount to peers and posted an 84.8% stock gain in 3 months amid strong Macau momentum.Macau’s recovery from pandemic-era lows is gaining steam and Melco Resorts & Entertainment (MLCO) appears to be riding that wave.Melco delivered a strong performance in the first quarter, ...