Melco Crown Entertainment Limited

Australian acquisition for Melco Resorts and Entertainment Limited

May 31, 2019

Casino Sales, Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Asian casino operator, Melco Resorts and Entertainment Limite, has reportedly announced the signing of a deal worth almost $1.22 billion that is to see it acquire a significant stake in Australian counterpart C...

Melco Crown (Philippines) Resorts Corporation changing its name

Adam Morgan

May 23, 2017

Latest Casino and Gambling News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Philippines

Six weeks after Asian casino operator Melco Crown Entertainment Limited officially changed its name to Melco Resorts and Entertainment Limited and its Melco Crown (Philippines) Resorts Corporation subsidiary is...

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...

NFL decision benefits Las Vegas casino operators’ shareholders

Adam Morgan

March 29, 2017

Latest Casino and Gambling News, Las Vegas, Economy/Finance

The vote by National Football League (NFL) team owners on Monday to allow the Oakland Raiders franchise to relocate to Las Vegas has inadvertently helped some of the Nevada city’s largest casino operators to in...

Three-month extension granted for Tourist And Recreation Complex casino proposals

Adam Morgan

March 28, 2017

Latest Casino and Gambling News, Casino project updates, Spain

After approving the development master plan for the proposed Tourist And Recreation Complex near Barcelona in January, local officials for the Catalonia region of Spain have now granted the companies interested...

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...

Genting Singapore “well placed” to bid for Japan casino license

Adam Morgan

February 23, 2017

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

A day after Melco Crown Entertainment Limited unveiled its proposed plans for a casino in the city of Osaka and Asian gambling rival Genting Singapore has reportedly declared that it has “sufficient financial r...

Rowen Craigie reportedly set to leave Crown Resorts Limited

Adam Morgan

February 22, 2017

Latest Casino and Gambling News, Australia, Gaming Industry News

Australian casino operator Crown Resorts Limited is set to unveil its annual interim financial results tomorrow and reports abound that the occasion will also see the firm’s long-serving Managing Director and C...

Melco Crown Entertainment Limited unveils plans for Osaka casino

Adam Morgan

February 22, 2017

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

3

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...

Catalonian government approves plan for Tourist And Recreation Complex

Adam Morgan

January 3, 2017

Latest Casino and Gambling News, Casino project updates, Spain

In Spain, local officials have reportedly approved the development master plan for the proposed Tourist And Recreation Complex near Barcelona following the completion of a six-month public consultation period. ...

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...