Tagged lawrence ho yau lung

Melco Resorts announces staff pay hike, effective April

February 4, 2019

After announcing on January 10, that eligible non-management employees would be awarded a “one-month discretionary bonus” prior to the Chinese New Year, Melco Resorts and Entertainment Limited, (NASDAQ: MLCO) a...

Melco group premiers new satellite casino in Cyprus

K Morrison

December 28, 2018

Latest Casino and Gambling News, Casino News, Casino openings, Cyprus

In Cyprus, casino operator, Melco International Development Limited, has reportedly opened Cyprus Casinos Larnaca (C2 Larnaca), its third satellite or "pop-up" casino in the Eastern Mediterranean, while awaitin...

Melco Resorts and Entertainment Limited backs Japan immigration changes

Adam Morgan

December 8, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Japan, Licenses

In Japan, the boss for Melco Resorts and Entertainment Limited has reportedly declared that his firm could be forced to import up to 20,000 foreign workers if it was to be given the right to operate one of the ...

Further expansion plans for Tigre de Cristal revealed

Adam Morgan

September 18, 2018

Latest Casino and Gambling News, Casino News, Casino expansion projects, Casino project updates, Russia

In eastern Russia, the state-run Primorsky Krai Development Corporation has reportedly revealed that the coming second phase of the Tigre de Cristal integrated casino resort is set to feature a substantial shop...

Six-month net profit rockets at Melco International Development Limited

Adam Morgan

August 28, 2018

Latest Casino and Gambling News, Hong Kong, Economy/Finance

Asian gaming and entertainments giant Melco International Development Limited has released its interim financial results for the six months to the end of June showing an over 154% increase year-on-year in net p...

Operators reaffirm their interest in coming Japanese casinos

Adam Morgan

July 27, 2018

Casino Sales, Latest Casino and Gambling News, Casino News, Japan, Mergers, Acquisitions & Partnerships

Following last week’s passage of the Integrated Resort Implementation Bill, three of the world’s largest gambling operators have reportedly reaffirmed their interest in running one of Japan’s coming trio of int...

Grand Hyatt at City of Dreams Macau appoints new GM

K Morrison

June 24, 2018

Latest Casino and Gambling News, Employment & Careers, Macau

In a recent statement to the press, the Grand Hyatt Macau hotel situated in the City of Dreams Macau announced that Timothy Bruce (pictured) has been appointed its new general manager. According to the hotel at...

Temporary casino to open in Cyprus on June 28

Adam Morgan

June 11, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Cyprus, Economy/Finance

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly announced that it intends to inaugurate a temporary casino for Cyprus by the end of the month ahead of the envision...

June 8 ground breaking planned by Melco International for Cyprus IR

K Morrison

May 16, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Cyprus

In a Tuesday press conference, Investment holding company Melco International Development Ltd (200:Hong Kong) revealed that on June 8, 2018, a groundbreaking ceremony would precede the start of construction wor...

Melco Intl appoints former director of Tigre De Cristal president of Cyprus casino ops

K Morrison

May 10, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Cyprus, Employment & Careers

Investment holding company Melco International Development Ltd (200:Hong Kong) has named Craig Ballantyne (pictured) the president of City of Dreams Mediterranean, Cyprus’ first integrated casino resort slated ...

Soon-to-open Morpheus to eschew the use of junket operators

Adam Morgan

May 7, 2018

Latest Casino and Gambling News, Casino News, New Hotels, Macau, Mergers, Acquisitions & Partnerships

Asian casino firm Melco Resorts and Entertainment Limited has reportedly declared that it will not be using junket operators to attract high-rolling players to its soon-to-open Morpheus hotel tower. Accordin...

Melco Resorts and Entertainment Limited rewards successful leadership

Adam Morgan

April 4, 2018

Latest Casino and Gambling News, Economy/Finance, Macau, Philippines

Asian casino giant Melco Resorts and Entertainment Limited has rewarded Lawrence Ho Yau Lung (pictured) for his successful leadership by granting the billionaire businessman a further 531,381 of its restricted ...

Melco International Development Limited to open temporary Cyprus casino

Adam Morgan

April 3, 2018

Latest Casino and Gambling News, Casino News, Casino project updates, Cyprus, Economy/Finance

Asian gaming and entertainments giant Melco International Development Limited has used its annual financial results to announce that it intends to launch a temporary gambling venue in Cyprus later this year in ...

Second worker dies at under-construction Morpheus

Adam Morgan

March 20, 2018

Latest Casino and Gambling News, New Hotels, Macau

In Macau, casino operator Melco Resorts and Entertainment Limited has reportedly been ordered to cease construction activities on part of its $1 billion Morpheus hotel tower after Sunday saw a worker fall to he...

Macau recovery helps Melco Resorts and Entertainment Limited

Adam Morgan

February 19, 2018

Latest Casino and Gambling News, Economy/Finance, Macau, Philippines

Asian casino operator Melco Resorts and Entertainment Limited has released its unaudited financial results for 2017 showing that the firm experienced an over 97% increase year-on-year in net annual income to $3...