Tagged melco international development limited

Macau casinos sitting through second coronavirus-related lockdown

July 11, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, Gaming Industry News, Economy/Finance, Macau, Fines, Lawsuits & Litigation

In Macau and the government has reportedly ordered local casinos and most of the enclave’s other commercial businesses to close for at least a week in an attempt to fight the rising prevalence of coronavirus. ...

Melco Resorts and Entertainment Limited facing American de-listing

Adam Morgan

April 13, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Asian casino operator Melco Resorts and Entertainment Limited could reportedly soon be de-listed from the Nasdaq bourse under rules adopted by the United States Securities and Exchange Commission in January. ...

Disappointing weekend for Macau casino operators

Adam Morgan

March 15, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators has reportedly dropped significantly owing to a number of factors including the on...

Macau casino operators experience aggregated share price slump

Adam Morgan

March 8, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

The six-strong club of Hong Kong-listed casino operators in Macau reportedly saw the aggregated value of their shares drop by almost $3.5 billion over the weekend as investors exercised caution regarding the fu...

City of Dreams Mediterranean opening brought forward following coronavirus delays

Adam Morgan

March 5, 2021

Casino News, Latest Casino and Gambling News, Casino project updates, Gaming Industry News, Cyprus, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

Asian casino operator Melco Resorts and Entertainment Limited has reportedly announced that the provisional opening date for its under-construction City of Dreams Mediterranean venue has been brought forward to...

City of Dreams Mediterranean opening delayed by over nine months

Adam Morgan

February 11, 2021

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

The provisional opening date for the €550 million ($668 million) integrated casino resort being built in Cyprus by Melco International Development Limited has reportedly been pushed back by over nine months to ...

Macau records disappointing January gross gaming revenues

Adam Morgan

February 1, 2021

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

The almost 40 casinos in Macau are reportedly continuing to be negatively impacted by the coronavirus pandemic as they saw aggregated gross gaming revenues for January decrease by some 63.7% year-on-year to sli...

Coronavirus closures for five-strong chain of C2 properties in Cyprus

Adam Morgan

December 17, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Cyprus, Economy/Finance

In Cyprus and casino operator Melco International Development Limited has reportedly been forced to temporarily shutter its five-strong chain of Cyprus Casinos (C2) ‘satellite’ venues for the remainder of the y...

Belle Corporation counting the cost of coronavirus lockdown

Adam Morgan

October 23, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Philippines

Philippines real estate and gaming firm Belle Corporation has reportedly announced that its net income for the first nine months of 2020 has fallen by 96.4% year-on-year to approximately $1.91 million owning to...

Manila integrated casino resorts may soon be allowed to partially re-open

Adam Morgan

August 31, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly announced that some of Manila’s giant integrated casino resorts may soon be allowed to partially emerge from their coronavirus-i...

City of Dreams Manila records second-quarter loss of almost $50 million

Adam Morgan

August 17, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Philippines

Asian casino and entertainments giant Melco International Development Limited has reportedly announced that its City of Dreams Manila facility racked up a second-quarter loss of nearly $50 million due to the im...

City of Dreams Mediterranean construction work resumes

Adam Morgan

May 8, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Cyprus, Economy/Finance, Licenses

In Cyprus and casino operator Melco International Development Limited has reportedly announced that it has renewed building work on its coming City of Dreams Mediterranean development following the lifting of l...

Construction begins on second phase of Studio City Macau

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

In Macau and prominent casino operator Melco International Development Limited has reportedly announced that it has begun building the second stage of its giant Studio City Macau venue. According to a report...

Melco Resorts and Entertainment Limited drops Osaka in favor of Yokohama

Adam Morgan

September 18, 2019

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

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly declared that it is set to concentrate all of its efforts on the city of Yokohama as it looks to secure one of the three coming Jap...

Melco Resorts and Entertainment Limited parent to establish Yokohama office

Adam Morgan

September 2, 2019

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

The firm behind Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly announced that it will be opening an office in Yokohama as it looks to gain an advantage over its competitors in th...