Universal Orlando is a renowned entertainment complex in Orlando, Florida, owned by NBCUniversal, a subsidiary of Comcast. It comprises two theme parks, Universal Studios Florida and Universal's Islands of Adventure, as well as the Volcano Bay water park and the Universal CityWalk Orlando entertainment district. The company generates revenue through ticket sales, merchandise, food and beverage sales, and hotel accommodations. Key historical milestones include the opening of Universal Studios Florida in 1990 and the subsequent expansions, such as the Wizarding World of Harry Potter, which significantly boosted attendance and revenue.