Tagged lawrence ho yau lung

Melco International Development Limited abandons Spanish project

July 3, 2017

Latest Casino and Gambling News, Casino proposals, Casino News, Spain

A week after signing a contract to inaugurate the first integrated casino resort for the island nation of Cyprus and Melco International Development Limited has officially abandoned its plan to bring a similar ...

Entertainment Gaming Asia Incorporated being taken private

Adam Morgan

June 16, 2017

Latest Casino and Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships

After 2016 saw it sell off a significant portion of its estate and fully exit the Cambodian market, electronic gaming machines operator Entertainment Gaming Asia Incorporated is now to be de-listed from the Nas...

Osaka lauded as site for first Japanese integrated casino resort

Adam Morgan

May 29, 2017

Latest Casino and Gambling News, Casino proposals, Japan, Licenses

Fourteen weeks after unveiling a plan to bring a multi-billion-dollar integrated casino resort to Osaka and the man behind Melco Resorts And Entertainment Limited has reportedly explained why he believes the po...

Crown Resorts Limited selling off final stake in casino-operating joint venture

Adam Morgan

May 9, 2017

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

Australian casino operator Crown Resorts Limited has announced that it expects to receive around $1 billion after agreeing to sell off its remaining stake in the Asian gambling and entertainments joint venture ...

Melco Crown Entertainment Limited officially changes name

Adam Morgan

April 6, 2017

Latest Casino and Gambling News, Casino project updates, Macau, Mergers, Acquisitions & Partnerships

Asian casino operator Melco Crown Entertainment Limited has officially changed its name to Melco Resorts And Entertainment Limited while additionally revealing that the Hard Rock Hotel at its City Of Dreams Mac...

Melco Crown Entertainment Limited settles on name for “new corporate identity”

Adam Morgan

March 16, 2017

Latest Casino and Gambling News, Gaming Industry News, Macau

After announcing just before Christmas that it intended to unveil “a new corporate entity” before the end of 2017, Asian casino operator Melco Crown Entertainment Limited has now reportedly settled on a name an...

Melco Crown Entertainment Limited unveils plans for Osaka casino

Adam Morgan

February 22, 2017

Latest Casino and Gambling News, Casino proposals, Japan, Licenses

Asian casino operator Melco Crown Entertainment Limited has officially joined the race for one of the integrated casino resort licenses set to be put up for grabs in Japan next year after unveiling two potentia...

Melco Crown Entertainment Limited posts positive fourth-quarter performance

Adam Morgan

February 18, 2017

Latest Casino and Gambling News, Economy/Finance, Asian Casino News

Asian casino operator Melco Crown Entertainment Limited has released its financial results for the fourth quarter of 2016 detailing a 13% increase year-on-year in net revenues to $1.19 billion thanks to the pos...

Good year for Macau casino entrepreneurs

Adam Morgan

January 18, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

After suffering through 26 months of decline, the previous five months have seen the casino market in Macau post improvements in aggregated gross gambling revenues and this has reportedly helped some of the fig...

New Silkroad Culturaltainment Limited re-brands Jeju Island casino

Adam Morgan

January 13, 2017

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, South Korea

After completing a series of deals that saw it gain control of 72% of the casino inside the Jeju KAL Hotel in South Korea, Chinese real estate developer and operator New Silkroad Culturaltainment Limited has an...

Entertainment Gaming Asia Incorporated fully exits Cambodia

Adam Morgan

December 31, 2016

Latest Casino and Gambling News, Cambodia, Mergers, Acquisitions & Partnerships

After selling off a significant portion of its estate in the summer, electronic gaming machine operator Entertainment Gaming Asia Incorporated has now offloaded the remnants of its assets in Cambodia for $900,0...

Foreign tourists to help Macau revival in 2017

Adam Morgan

December 29, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Macau’s effort to reinvent itself by premiering more family-friendly attractions is reportedly set to pay off next year as the former Portuguese enclave is expected to see a huge surge in tourists and mass-mark...

New corporate identity on the cards for Melco Crown Entertainment Limited

Adam Morgan

December 23, 2016

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

Asian casino operator Melco Crown Entertainment Limited has reportedly announced that it intends to unveil “a new corporate entity” after the completion of a deal that will see Hong Kong-listed Melco Internatio...

South Korea casino hopeful signs deal to draw down syndicated loan

Adam Morgan

December 21, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, South Korea

Chinese real estate developer and operator New Silkroad Culturaltainment Limited has reportedly announced that its controlling shareholder has agreed to draw down $38.6 million of a syndicated loan it holds wit...

Gaming element planned for new City Of Dreams Macau hotel tower

Adam Morgan

November 30, 2016

Latest Casino and Gambling News, Casino project updates, Macau

The boss for Melco Crown Entertainment Limited has reportedly announced that the long-anticipated fifth hotel tower being constructed for its City Of Dreams Macau property is to be christened “Morpheus” and wil...